The company continues to operate under the principles of good governance and transparency. The company has been certified as a member of the Thai Private Sector Anti-Corruption Coalition. In this regard, at the meeting of the Coalition Committee (CAC) for the 2nd quarter of 2022, it was resolved to certify the company. Is a member of the Thai Private Sector Anti-Corruption Coalition, Effective from September 30, 2022. However, since the company's largest shareholder is Posco (South Korea), which holds 74.56% of the company's shares, the company is classified as a subsidiary of Posco, which is a registered company in the New York Stock Exchange. Therefore, the company must comply with the U.S. Foreign Corrupt Practices Act (FCPA) regarding anti-corruption in various forms, which has a higher standard than Thailand's law.
- The Company will focus on measures to prevent any actions that violate the FCPA law by providing training to all executives and employees of the company and emphasizing the importance of ethics. This will be done through one-on-one training sessions, as well as disseminating information on new ethical standards for employees to study.
- Posco (South Korea) will participate in training and verifying the company, adhering to the FCPA law compliance guidelines.
- A manual for complying with the FCPA law will be provided for employees to use as a reference for a companywide plan for ethical practices across the global Posco network.
- Senior executives of the company are expected to lead in combating corruption and complying with the FCPA law.
The company has arranged for regular training and communication of policies and practices to combat corruption to all employees on a quarterly basis.