Corporate Governance and Social Responsibility Committee

  • Profile
  • Scope Of Duties and Responsibilities
  • Nomination of the Board
  • Report
 

Scope of Duties and Responsibilities of the Corporate Governance and Social Responsibility Committee

Duties and responsibilities of the Corporate Governance and Social Responsibility Committee Duties and Responsibilities with regards to the Corporate Governance (CG)

  1. Establish strategies and the Company’s good practices of good corporate governance.
  2. Verify and advise best practices to the Company’s Board of Directors about good corporate governance in order to ensure that the Company’s good corporate governance will comply with the regulations of Ministry of Finance and the Stock Exchange of Thailand, including the practices followed by international standard.
  3. Revise the Terms of Ethics and Code of Conduct for Directors and Employees to be sufficient, up-to-date and conform to the Company’s code of conduct.
  4. Promote the Company’s policies and the Company’s good practices to boost the good corporate governance of the Company.
  5. Report the Company’s corporate governance performance to the Company’s Board of Directors periodically.
  6. Appoint working groups to support the operation as deemed appropriate.

Duties and Responsibilities with regards to the Social Responsibility (SR)

  1. Consider to comment strategies and policies of social and environmental responsibility.
  2. Consider social and environmental responsibility’s activities to propose the Company’s Board of Directors for further approval.
  3. Consider social responsibility’s work plan and annual budget to propose the Company’s Board of Directors for further approval.
  4. Consider and track the progress of social responsibility activities including evaluation of the achievement and quality of activities.
  5. Promote the Company’s policies and the Company’s good practices to boost the social responsibility of the Company.
  6. Report the Company’s social responsibility performance to the Company’s Board of Directors periodically.

Components and the Recruitment of Corporate Governance and Social Responsibility Committee

The Corporate Governance and Social Responsibility Committee is appointed by Board of Directors, comprised of nine members. At least one member must be independent Directors and another one member must be Board of Directors. The Corporate Governance and Social Responsibility Committee’s term is 3 years and may be re-appointed

Report of the Corporate Governance and Social Responsibility Committee

Dear shareholders,

The Corporate Governance and Social Responsibility Committee duties based on the Charter of Corporate Governance and Social Responsibility Committee under the scope of duties and responsibilities assigned by the Board of Directors of the company. In 2015 The Corporate Governance and Social Responsibility Committee have been meeting twice and total consider matters summarized as follows:

  1. The appropriateness of the Charter, The Corporate Governance and Social Responsibility Committee has reviewed the appropriateness of Charter with comments, the draft revised Charter of governance and social responsibility in some text to achieve a more appropriate.
  2. Preparation of the master plan (Roadmap) sustainable development. The Corporate Governance and Social Responsibility Committee have prepared the master plan (Roadmap) for sustainable development up to define a clear direction in the development of the company, including strategic plans have been made to such a plan to achieve maximum efficiency in operations. In addition, The Corporate Governance and Social Responsibility Committee has also prepared various schemes intended to support development of the company, e.g. If true concrete plan training for employees and executives of the company, plans to make a Knowledge Management System.
  3. Sustainable risk management, The Corporate Governance and Social Responsibility Committee have shared risk factors analysis about sustainability and the risk factors found to have 2 major issues of sustainability is at risk, coupled with quality, safety and risk transparency throughout the supply chain, to find protection guidelines and appropriate solution. The Corporate Governance and Social Responsibility Committee to consider and analyze together carefully to minimize the risk plan that is appropriate for all such risks, issues, and inform the management and staff of the company to proceed with a planned correctly and appropriate.

According to above plan, PPS considers it as a guide for The Company to set the clearer business strategy. Also, it will support The Company to grow strongly and sustainably together with community, society and environment in the future.



Yours sincerely

(Mr. Pongthorn Tarachai)
Chairman of the Corporate Governance and Social Responsibility Committee