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In order for ThaiBev Group to grow and prosper in a sustainable manner and be accepted in the community, one of the most important factors is that the company must conduct its business ethically. Part of the process to promote ethical practice within the organization is to establish its own ethical standards, to let it be known to everyone within the organization and to ensure that such standards are strictly adhered to and maintained consistently.

ThaiBev Group determines to conduct its business honestly, lawfully, morally, and ethically. ThaiBev shall have a transparent process of work and shall strictly adhere to and comply with its good corporate governance policy. Therefore, ThaiBev shall make sure that all of its Directors, Executive Officers and Employees are aware of and understand the standard practices in accordance with the Business Ethics set forth herein in order for the company to achieve its determination.

Corruption and bribery
  • The company determines to conduct its business honestly, lawfully, morally, and ethically.

  • Giving, offering to give, or soliciting, including receiving or accepting bribes in any circumstances are not permitted by the Company.

  • In conducting the Company’s business, the Directors shall perform their duties honestly and transparently in accordance with the laws, Objectives, and Articles of Association of the Company as well as the resolutions of the shareholders for the utmost benefit of the company.

  • In conducting the Company’s business, the Executive Officers shall perform their duties honestly and transparently in compliance with the laws, Objectives, and Articles of Association of the Company, as well as the resolutions of the shareholders, insofar as they concern each individual’s duties and responsibilities, for the utmost benefit of the Company

  • The Executive Officers shall not receive benefit from or offer benefit to other persons by using their position as the Company’s Executive Officers.


Discrimination
The company shall treat all employees fairly.

Confidentiality of information
The Employees shall not disclose information, which has not yet been disclosed to the public, unless it is required by law or under the approval of the Company. The duty to keep information confidential shall include information of the Company’s business counterparts, products, plans, services, strategies, human resource management, such as salary and compensation rates, the operating process, and systematic procedures as well as the rights and obligations with third parties. The Employees shall not disclose information prepared or made known to them through their work as the Company’s Employees for their own benefit.

Conflicts of interest
  • The Employees shall not engage in any business or activity which is in competition with the main business of the Company and shall not seek benefit and business opportunities by using disclosed or acknowledged information for themselves, whether directly or indirectly. In addition, they shall not act as a business counterpart with the company in the way that may cause any loss of benefit to the company.

  • The Executives Officers shall not engage in any business or activities which may conflict with the interest of the main business of the company.


Antitrust/anti-competitive practices
The company shall trade fairly and ethically and shall seek mutual benefit with its business counterparts, with include contractors, suppliers, purchasers, joint venture partners, and others who do other trading with the company.

Money-laundering and/or insider trading/dealing
The Directors shall not, whether for their own benefit or for the benefit of other persons, use the Company’s information that has not yet been disclosed to the public or the general shareholders to seek benefit by trading any securities. The Director shall also oversee the Employees to ensure that they shall not use the Company’s information that has not yet been disclosed to the public or the general shareholders to seek benefit by trading any securities, either for the Employees’ own benefit or for the benefit of other persons.

Environment, health and safety
The company shall respect its Employees’ human rights and shall care for the welfare and safety of all Employees and see to it that the Employees work in good environment.

Whistleblowing
Employees are encouraged to report genuine concerns which he/she may have about suspected wrongdoings in accordance with the Policy, in the knowledge that his/her concerns will be taken seriously and investigated as deemed appropriate. ThaiBev will support him/her, provided that he/she raises genuine concerns in good faith, even if they turn out to be mistaken. Reasonable measures shall be taken to protect Directors and Employees from detriment, retribution or harassment from doing so.

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ThaiBev
Sustainability



GRI 102-1, GRI 102-2, GRI 102-3, GRI 102-4, GRI 102-5, GRI 102-6, GRI 102-7, GRI 102-8, GRI 102-9, GRI 102-10, GRI 102-12, GRI 102-14, GRI 102-18, GRI 102-40, GRI 102-42, GRI 102-43, GRI 102-44, GRI 102-45, GRI 102-46, GRI 102-47, GRI 102-48, GRI 102-49, GRI 102-50, GRI 102-52, GRI 102-53, GRI 102- 54, GRI 102-55, GRI 102-56, GRI 103-1, GRI 201-1