Page 31 - SD RATCH EN

RATCH Group PCL.
Code of Conduct and Integrity
Sustainability Report 2020
31
RATCH’s Code of Conduct is applied with all employees who must strictly follow it in undertaking tasks or activities to preserve the much-valued integrity. (https://www. ratch.co.th/en/cg/the-code-of-conduct) In addition, the Company enforces the Anti-Fraud Corruption Policy. (https://www.ratch.co.th/en/cg/corporate-policy/anti-fraud-corruption-policy)
In 2015, RATCH declared its intention to support Thailand’s Private Sector Collective Action Against Corruption (CAC) and secured the first-round certified membership (2016-2018) and the second-round certified membership (2019-2021).
Anti-Fraud Corruption Principles
RATCH emphasizes the monitoring on the operations and activities, to ensure that all activities under the Company’s control do not violate the following principles:
• Don’t give or take all kinds of bribes for any transactions with public or private organizations.
• Don’t offer inappropriate payments to influence other organizations’ officers for faster services.
• Don’t make payments to government officers or the third-party, to speed up services.
• All personnel must maintain integrity and transparency and must not ignore any possible
fraudulent or corrupt practices. All personnel reporting such suspicious acts, complainants and
cooperators are fully protected against retaliation as required by law.
• Don’t support political parties or get involved in political activities.
• Donations are limited only to charitable causes as prescribed by the Company’s policy, not
to influence others to return inappropriate benefits.
• Giving/takinggiftsmustconformtoacceptablesocialcustomsasprescribedbytheCompany’s
policy and the value must not be exorbitant or high enough to significant influence others’ decisions.
• Receptions must be transparently organized as prescribed by the Company’s policy without intention to win any benefits that may be perceived as fraud or corruption or may significantly influence
a decision.
Promoting Anti-Fraud and Corruption Activity