Company Information

SCOPE OF DUTIES AND RESPONSIBILITIES OF THE CORPORATE GOVERNANCE AND SOCIAL RESPONSIBILITY COMMITTEE

Duties and Responsibilities with regards to the Corporate Governance (CG)

  1. Determine business strategy and the operation of the company, and consider and comment on anti-corruption policy to ensure that it is proper with this business, company’s surroundings, organizational culture, then report to the board of the committee for the approval
  2. Examine and give advices about the principles of corporate governance to the board of the committee in order to follow the principles of the Stock Exchange of Thailand and be accepted by the global standard
  3. Consider, review, and revise business ethics, code of conduct, and anti-corruption policy of the company to correspond with the appropriateness and modernity, as well as determine the business operation to conform the good governance for the approval from the board of committee
  4. Promote the Company’s policies and the Company’s good practices to support the corporate governance of the Company
  5. Handle with the whistleblower’s information when ones are violate the law, ethics, or any regulations of the company, together with examine the evidence, and present the matters to the board of the director to investigate the accusation and punishment
  6. Report the Company’s social responsibility performance to the Company’s Board of Directors periodically
  7. 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.
  7. Appoint working groups to support the operation as deemed appropriate
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. Components and the Recruitment of Business Development Committee

CORPORATE GOVERNANCE AND SOCIAL RESPONSIBILITY COMMITTEE REPORT

Dear valued shareholders,

As the company’s Board of Director assigned scope of duty and responsibility, the Corporate Governance and Social Responsibility Committee has performed our duty based on the charter of The Corporate Governance and Social Responsibility Committee. the Corporate Governance and Social Responsibility Committee has scheduled a meeting twice in 2017. As such, after reviewing all the agendas, the important issues are as follows;

  1. Reconsider the charter and the anti-corruption policy : The Corporate Governance and Social Responsibility Committee agreed to reconsider the charter of the Corporate Governance and Social Responsibility Committee and the anti-corruption annually. Moreover, there should be an announcement to the company’s employees regarding the stated policy and employees’ ethic. As such they can acknowledge and follow the instruction.
  2. Reconsider roadmap of 2018 – 2022 regarding sustainable development : As the Corporate Governance and Social Responsibility Committee has reviewed the sustainable development roadmap from 2013 to 2017, each department is assigned to report the result based on their responsibility. This is for following up and supporting working process to make the most effective.
  3. Sustainable risk management : The Corporate Governance and Social Responsibility Committee has reviewed the possible risk factors related to sustainability and found out 2 main risk factors including (1) Social and Environmental Risk which consists of quality risk, safety risk and environment control risk. (2) Corruption Risk for supply chain transparency. Therefore, the Board has found the appropriate protections and the solutions. Moreover, all the risks have been carefully considered in order to appropriately plan how to reduce the risk and its factors. All the directors and company’s employees are also informed to follow the plan correctly and appropriately.
  4. Reconsider complaint receiving process and complaint review process : The Corporate Governance and Social Responsibility Committee has seen the value in respect for right, freedom and action to all the employees and the stakeholders equally. Therefore, anyone who feels unfairly mistreated or suspects any illegal action is encouraged to report a complaint, share opinion or give advice through the company’s complaint channel duce to whistleblower policy. This whistleblower policy aims to give the whistleblower protection and justice via a website whistleblow@pps.co.th. However, so far the company has not received any complaints submitted to whistleblower system in 2018.

Considering all the aspects, the company believes that it will be able to shape the company’s business conducting and eventually simultaneously make the company, the community, the society and the environment grow strongly and sustainably in the future.

Yours sincerely

(Dr. Phongthon Tharachai)
Director of the Corporate Governance and
Social Responsibility Committee