Professional Documents
Culture Documents
Shareholder
VISION
To be a Leading Chemical
MISSION
We deliver the best business performance
through trustworthiness to create fair and
sustainable value for shareholders
actionnaires
Society
We engage and integrate social and
environment to our business with
responsibility and care for sustainable
development
VALUES
Business Partner
GC-SPIRIT
Employee
We create a learning organization and
Global Mindset
Mentalit Globale
C
S
Customer Focus
Orientation Client
Synergy
Synergie
P
I
R
Performance Excellence
Innovation
Innovation
Responsibility for Society
La responsabilit sociale
I
T
Integrity & Ethics
Intgrit et thique
Trust & Respect
Confiance et respect
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Creation of long-term value, Responsibility,
Equitable treatment, Accountability, Transparency Ethics
(C R E A T E)
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(Corporate Governance)
( C R E A T E )
Creation of long-term
value
Responsibility
Equitable treatment
Accountability
Transparency
Ethics
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CONTENTS
CORPORATE GOVERNANCE POLICY
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BUSINESS PRINCIPLE
AND CODE OF CONDUCT
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GOOD CORPORATE
GOVERNANCE PRINCIPLE
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SIGNIFICANCE OF IMPLEMENTATION
OF GOOD CORPORATE GOVERNANCE
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2. Anti-Fraud Measures
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ACCEPTANCE OF GRIEVANCE
CONCERNING BUSINESS CODE
OF CONDUCT
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the PTT Global Chemical Groups businesses are conducted responsibly, ethically,
fairly, transparently and accountably, with a clear focus on the creation of utmost
benefits for the shareholders and stakeholders, towards mutual trust and
sustainable growth.
To this end, the Board of Directors has established the good corporate
governance policy for all Directors, Executives and Employees to observe in their
discharge of duties as follows:
(1) The Board of Directors shall observe the international guidelines and
consistently improve on the good corporate governance in accordance
with these international standards in matters relating to consideration
compliance with the laws and relevant regulations in all countries in which
29
(3) The Board of Directors shall arrange for an administrative structure with
fair relationship between the Board of Directors, the Executives and
the Shareholders. They shall play a vital role in the determination of visions,
strategies, policies and key plans. They shall ensure that a performance
monitoring and evaluation system is in place, that risks are efficiently
managed, that they are independent, and that they are responsible
to ensure that the good corporate governance policy is fully and sustainably
observed by all personnel of PTT Global Chemical Group.
(Mr. Prasert Bunsumpun)
Chairman
PTT Global Chemical Public Company Limited
to all Directors, Executives and Employees of every company under the PTT
Global Chemical Group in every country, and to be acknowledged, followed,
and performed coherently in line with the Companys policies stated in the
handbook. The PTT Global Chemical Groups performances and operations can
consequently be achieved along with our business mission and goals through
strict adherence, while at the same time reflect the values and culture of the PTT
Global Chemical Group.
Additionally, the Company also anticipates that those who engage in business
undertaking with PTT Global Chemical Group and all concerning parties will be
able to acknowledge and adhere to the same principles so that we can together
achieve the sustainable growth.
(Mr. Anon Sirisaengtaksin)
Chief Executive Officer
PTT Global Chemical Public Company Limited
On behalf of PTT Global Chemical Group
31
an organization and creates added value for the shareholders in the long run,
Creation of long-term
value for the organization
Responsibility
Equitable treatment
to a sufficient level
of capability, efficiency
and dedication
of all stakeholders
Transparency in operation,
which allows for auditing,
of information to relevant
parties through appropriate
and equitable channels
and actions
in the conduct
of business
SIGNIFICANCE OF IMPLEMENTATION
the benefits, the rights and the equality of shareholders and relevant
stakeholders.
Serve as a performance evaluation tool of the Company. Review and improve
33
of relevant agencies and enforce them upon PTT Global Chemical Group;
acknowledge and understand the duty and responsibility of observance of laws
and regulations relating to the discharge of duties; review compliance with relevant
laws, rules and regulations; cooperate, promote and ensure regular observance;
comply with laws, rules and regulations of the countries in which the Company
invests or operates a business and all employees are advised to respect the good
traditions and cultures of such locality as well.
2. Anti-Fraud Measures
PTT Global Chemical Group encourages personnel at all levels to become
aware of the need to adopt an anti-fraud stance. Internal control systems are
in place to prevent fraud, extortion and the giving or receiving of bribes in all forms.
affiliated entities and linked entities must avoid involvement in any such action
which could result in a conflict of interests which may result in loss of benefits
of Confidential Information
PTT Global Chemical Public Company Limited is a listed company in the
Stock Exchange of Thailand. Therefore, a key policy established is the equitable
treatment of all shareholders. Internal information or any unpublished news whose
content may affect the stock price is deemed confidential information of PTT
Global Chemical Group. Such information, when disclosed, would naturally affect
PTT Global Chemical Group, particularly the stock price of PTT Global Chemical
Public Company Limited which is traded on the Stock Exchange of Thailand.
Consequently, Directors, Executives and Employees at all levels of PTT Global
Chemical Group must keep internal information confidential. Such information
should not be shared nor used or to seek profit or benefits from fraudulent trading
of the stocks, to cause direct or indirect damage to PTT Global Chemical Group.
35
Accounting and Financial Reports
PTT Global Chemical Group is determined to create added value and
sustainably enhance the security of the businesses in accordance with the good
corporate governance principles. To this end, policies have been established
for PTT Global Chemical Group. This will allow PTT Global Chemical Group
to manage risks at the appropriate level and handle key risks without affecting
of PTT Global Chemical Group is permissible within reason when there are
personnel should not demand or accept anything which does not correspond
with the traditional norm or which is excessive and may affect ones decisions
when discharging duties.
are determined. Therefore, procedures must be in place to ensure that the utmost
benefit of PTT Global Chemical Group is ensured, that the procurement is fair,
reasonable, transparent, auditable and explicable. Furthermore, significance must
be ascribed to accommodating business partners and develop a positive
relationship with them on the basis of mutual respect and trust.
and Communication
Intellectual property, information technology and communication are key
factors contributing to the conduct of business and to operational efficiency.
Therefore, it is the shared responsibility of all employees to respect the rights of
the owners of intellectual property and to carefully use information technology and
communication within the requirements of the law, the announcements and
on the basis of honesty. PTT Global Chemical Group is politically neutral and
independent in all decisions and actions. PTT Global Chemical Group believes
37
Channels for Informants and Protection of the Rights of Informants
PTT Global Chemical Group has established a department to acknowledge
incidence, grievance or suggestion from stakeholders affected from the operation
of PTT Global Chemical Group on a 24-hour basis. This can be done verbally,
via telephone, facsimile, electronic mail and postal mail. PTT Global Chemical
Group will provide initial explanation of facts and measures to manage such
matters to the party submitting grievance or involved parties as soon as possible.
Shareholders and stakeholders may provide a lead in the case where there is
an offense committed against the law or the regulation of PTT Global Chemical
in order that the informants may not suffer any trouble from such an outcome.
Chemical aims to create utmost satisfaction for the shareholders while taking
into consideration the sustainable growth of the Company, the creation of
added value and the continued provision of appropriate returns, as well as
39
the awareness that all employees are a crucial factor of sustainable success,
advancement and growth of PTT Global Chemical Group.
13.8 Treatment of Communities, Society and Environment
to help build communities and society. The conduct of business should take
into account impact on the environment from the stage of plants construction,
the selection of production technology to the handling of waste, as well as the
research and development of innovations to increase energy usage efficiency.
13.9 Recognition of the Significance of Quality, Safety
by Violation of Rights
PTT Global Chemical Group has a guideline for the protection of rights of
stakeholders who are affected by the violation of rights by the conduct of business
of the PTT Global Chemical Group. Compensation of an amount not lower than
that required by the law will be considered.
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the person involved should use his / her initial discretion and question the action
as follows:
1. Is such action illegal?
2. Is such action against the policy and the organizational culture of
the party submitting the grievance such that they will not be targeted for attack
during and after the investigation.
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resources.
Suppliers must strictly conform to all applicable environmental laws,
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the performance of duties towards and the utmost benefits of PTT Global
Chemical Group.
Other Benefits refer to valuable items such as discount, entertainment,
service, training or any other item of similar nature.
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CODE DE CONDUITE
CODE DE CONDUITE
TABLE DE SOMMAIRE
POLITIQUE DE LA BONNE
GOUVERNANCE DENTREPRISE
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IMPORTANCE DE LA BONNE
GOUVERNANCE DENTREPRISE
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CODE DE CONDUITE
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7. Acquisitions et traitement
des partenaires commerciaux
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CODE DE CONDUITE
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ACCEPTATION DE DOLEANCES
CONCERNANT LE CODE
DE CONDUITE DE LENTREPRISE
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CODE DE CONDUITES
DES FABRIQUANTS / FOURNISSEURS
DES MATIRES PREMIRES ET SERVICE
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GLOSSAIRES ET DEFINITIONS
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CODE DE CONDUITE
POLITIQUE DE LA BONNE
GOUVERNANCE DENTREPRISE
Le conseil d'administration de PTT Global Chemical PCL sengage
de bonne gouvernance d'entreprise qui doit tre observe par tous les
administrateurs, dirigeants et employs dans lexercice de leurs fonctions.
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CODE DE CONDUITE
CODE DE CONDUITE
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CODE DE CONDUITE
Cration la croissance
durable de lorganisation
long terme
Responsabilit
une contribution
efficace et motive
Traitement Equitable
Responsabilit
lAction
Transparence de la
mission, la traabilit,
la divulgation de
l'information avec un
traitement quitable
CODE DE CONDUITE
IMPORTANCE DE LA BONNE
GOUVERNANCE DENTREPRISE
Etablir un systme de gouvernance avec transparence toutes les parties
dterminer.
Encadrer la responsabilit du conseil dadministration et les dirigeants
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CODE DE CONDUITE
CODE DE CONDUITE
une attitude ferme contre la fraude et a mis en place des systmes de contrle
interne afin de prvenir tout type de fraude, extorsion, ou de pots-de-vin.
invitable, le conflit doit immdiatement tre rfr et pris en charge par un autre
service qui sassurera que la transaction se passe de manire transparence.
CODE DE CONDUITE
des actions.
et Rapport financier Gestion comptable
Le Groupe PTT Global Chemical vise construire une valeur ajoute et offrir
une stabilit durable en conformit avec les codes de conduite des affaires et
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CODE DE CONDUITE
7.
conomique, la qualit et les services du Groupe PTT Global Chemical par ses
et Communication
Proprit intellectuelle, Technologie de lInformation et Communication sont
des facteurs indispensable pour promouvoir les activits de lentreprise et
augmenter sa performance. Tous les agents doivent contribuer responsablement
protger toutes les informations aussi bien dtenues par le dtenteur des
CODE DE CONDUITE
droits de proprit intellectuelle que par le Groupe PTT Global Chemical. Ainsi
toutes communications doivent tre achemines lgalement et dans les normes
de notre socit avec prudence et attention.
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CODE DE CONDUITE
et suggestions / Canaux pour les informateurs
et protection des droits des informateurs
Le Groupe PTT Global Chemical a cr un service qui recueillera, 24h / 24,
les dclarations dincidents, les dolances ou suggestions des parties prenantes
sur le fonctionnement du Groupe PTT Global Chemical. Toutes les notifications
pourront tre transmises verbalement, par tlphone, par facsimil, par courrier
lectronique ou par courrier postal. Le Groupe PTT Global Chemical fournira dans
les plus brefs dlais une premire explication des faits et des mesures prises
Chemical ait des exigences vis--vis de plusieurs parties prenantes telles que
CODE DE CONDUITE
Le Groupe PTT Global Chemical vise crer la plus haute satisfaction pour
les actionnaires en tenant compte de la croissance durable de l'entreprise,
de la cration de valeur ajoute et des provisions continues des rendements
appropris ainsi que des principes de bonne gouvernance d'entreprise.
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CODE DE CONDUITE
CODE DE CONDUITE
prenantes touches par la violation des droits
Le Groupe PTT Global Chemical a une ligne directrice pour la protection des
droits des parties prenantes affectes par la violation du Code de Conduite de
lentreprise du Groupe PTT Global Chemical. Les indemnits d'un montant non
infrieur celui exig par les lois seront appliques.
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CODE DE CONDUITE
prliminaires suivantes :
1. Lacte en question est - il lgal?
2. Est - il conforme au code de dontologie du groupe PTT Global
Chemical?
3. Est - il respectueux des valeurs de la socit du groupe PTT Global
Chemical?
4. Quel serait limpact de cet acte sur limage et la rputation de la
socit du Groupe PTT Global Chemical?
5. Expose t-il des risques inacceptables vis--vis des parties
prenantes du groupe PTT Global Chemical?
Faites immdiatement appel votre suprieur hirarchique qui vous
donnera des conseils ou transmettez votre question ou problme directement
au service concern.
CODE DE CONDUITE
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CODE DE CONDUITE
CODE DE CONDUITE
de corruption.
Les fournisseurs doivent exploiter l'entreprise en respectant le droit de
la concurrence.
Les fournisseurs doivent conserver des registres financiers prcis et
comprenant les dtails des transactions financires ainsi que toutes les
informations concernant les accords et changes entre le fournisseur et
la Socit et tre prts les fournir sur demande.
Les fournisseurs doivent protger les informations confidentielles de
la Socit.
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CODE DE CONDUITE
GLOSSAIRES ET DEFINITIONS
Socit se rfre au PTT Global Chemical Public Company Limited.
Filiale se rfre :
(A) Une socit dans laquelle l'metteur dispose de valeurs mobilires et
mobilires ou les socits ci-dessus dsignes (A), (B), (C) ou (D) est
aussi inclus dans des actions dtenues par leurs entits affilies.
Le Groupe PTT Global Chemical se rfre au PTT Global Chemical Public
Company Limited et ses filiales.
Une socit sous le Groupe PTT Global Chemical se rfre une filiale
du PTT Global Chemical Public Company Limited.
CODE DE CONDUITE
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PTT
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PTT (PTTGC)
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PTT PTTGC PTT PTTGC
(2)
C R E A T E
(Creation of long-term value, Responsibility, Equitable treatment,
Accountability, Transparency Ethics)
PTT (PTTGC)
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PTT PTTGC,
PTT PTTGC,
PTT PTTGC
Mr. Prasert Bunsumpun
PTT PTTGC
PTT PTT
PTTGC
PTT PTTGC
PTT PTTGC
PTT PTTGC
Mr. Anon Sirisaengtaksin
PTT (PTTGC)
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(Corporate Governance)
( C R E A T E )
(Creation
of long-term value)
(Responsibility)
(Equitable treatment)
(Accountability)
(Transparency)
(Ethics)
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PTT (PTTGC)
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13.3
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PTT PTTGC
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PTT PTTGC PTT (PTTGC)
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PTT (PTTGC)
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PTT PTTGC
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PTT PTTGC
PTT PTTGC
PTT PTTGC
PTT PTTGC
PTT PTTGC
PTT (PTTGC)
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