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good corporate governance

Good Corporate Governance

TIPCO Asphalt Group strives to protects and promotes the interests of all stakeholders by observing ethical business practices based on transparency and traceability

GRI 102-31, GRI 102-18 and GRI 102-28
ISO 26000
good-coper-02

Management approach

      The Board of Directors recognizes the importance of corporate governance in the Company’s sustainable development, while creating shareholder value, and securing trust from all stakeholders, that include shareholders, employees, customers, business partners, competitors, and creditors. The Board of Directors and management have therefore been promoting good corporate governance practices within the Company, subsidiaries andaffiliates

Policy : Corporate Governance Policy (Link PDF)

Download File

Stakeholders :

Board of Directors, Employees, Civil societies/ academics/ media, and regulators

Short-term goals :

  1. AGM Checklist : 98 %
  2. The Company was rated Excellent or 5 Stars which is the highest level of Corporate Governance Report of Thai Listed Companies (CGR)
  3. Thailand’s Private Sector Collective Action Coalition Against Corruption (CAC) Recertification of membership

Long-term goals :

  1. Corporate Governance recognitions at highest level in accordance with CG guidelines by relevant bodies such as The Stock Exchange of Thailand, The Securities and Exchange Commission, and Thai Institute of Directors.

Key Performances :

  • AGM Checklist : 98%
  • CGR Score : 5 Star (4 consecutive years)
  • CAC membership Recertification on 30th June 2020
  • Received Sustainability Disclosure Award 2021 by Thaipat Institute
  • The Group’s shares have been included in the SET THSI index since 2021
  • Received Outstanding Company Performance Awards by The Stock Exchange of Thailand (SET) for listed companies market
    capitalization between 30,000 and 100,000 million baht category

Independent Directors

6:15

Independent Directors
our of Board of Directors

Women in Board

1

Female in Director

10 Non - Executive

4

With direct experience
in core business

Board Assessment
Average Collective Score

3.8