Corporate Policies | RATCH Group PCL. (RATCH)

Policy

Go to Page

The Corporate Governance Policy

The Company’s Group sets practice guideline at the international standard to promote transparent and effective management and operations that lead to reinforcement of trust among shareholders, investors and all stakeholders; and to pursue the principles of Good Corporate Governance of listed companies.

Supplier Code of Conduct

RATCH Group Public Company Limited (Company) realizes the importance of balancing environmental, social, and governance (ESG) considerations in our business practices.

Human Rights Policy

RATCH Group Public Company Limited is aware that respect to human rights is an essential requirement of its business operations.

Stakeholder Engagement Policy

The Company’s Board of Directors clearly specifies the policy and guideline on stakeholder groups. The Company’s Code of Conduct was reviewed and improved as the framework for directors, executives and employees in treating each stakeholder group including shareholders, employees, customers, creditors, partners, competitors, the government and communities around the Company’s premises,

Risk Management Policy

RATCH Group Public Company Limited establish an international standard risk management system which will uphold the customer satisfaction and preferable returns to shareholders and all stakeholders based on good corporate governance.

Shareholders Policy

In pursuance to the principles of Good Corporate Governance recommended by the Stock Exchange of Thailand to listed companies to comply with or to adapt to best fit the situation of each company, the Board of Directors stipulated the Company’s shareholders policy

Employee Policy

The Company recognizes the employees as its valuable assets and key factor in driving its operations towards targeted success and that it attempts to manage, develop and retain its employees to create outputs for sustainable and progressive growth to the Company.

Environmental And Social Policy

RATCH Group Public Company Limited has been committed to sustainable business development, to achieve continuous, solid and long-term growth. The Company is confident that the commitments to higher environmental, social and governance standards will not only keep risks manageable but also add the values of our operations that are geared towards positive impacts on society and minimized impacts on the environment.

Safety, Occupational Health and Working Environment Policy

RATCH Group Public Company Limited (“the Company”) has determined the vision to become a leading value-oriented energy and infrastructure company in Asia Pacific. We realized that safety, occupational health and good working environment are vital for our employees, partners, suppliers, and visitors.

Energy Conservation Policy

At present, the domestic demand on energy, including electricity consumption gradually increases due to rising population and industrial and economic expansion that cuts down the energy reserve.

Office Building’s Environmental Management Policy

The Company appointed the Office Building’s Environmental Management Committee to efficiently and effectively operate office building’s environmental management according to the controlled building act, environmental, safety, occupational health and working environment laws, other relevant laws and regulations as well as the Company's Social and Environmental Policy of the Company,

Network and Computer Usage Policy

The Company provides network system and computers for enhancing business operation efficiency to meet the business goal. Thus, the network system and computer are regarded as the Company’s important assets. Employees are required to carefully use and maintain such asset to be available for work.

The 5 S Policy

In order to promote discipline, safety and good health to create pleasant working environment and good corporate image through participation of employees at all levels and with continuous practices that have been developed into corporate culture, the Company, therefore, provides the 5S activities based on the following objectives and goals:

Anti-Fraud Corruption Policy

To ensure that the operations of RATCH Group Public Company Limited (“the Company”) are in accordance with international practice while being fair and transparent, to uphold corporate social responsibilities for all stakeholders to align with good corporate governance and business conduct, and to align with the Company’s declaration with Thailand’s Private Sector Collective Action Coalition against Corruption (CAC)

Tax Policy

RATCH Group Public Company Limited sets forth the corporate tax policy, to ensure that the Company Group's operations comply with international standards, adhere to transparent and fair business practices, as well as uphold responsibility towards society and all stakeholders in accordance with good corporate governance and business ethics.

Corporate Sustainability Policy

The company commits to operating business in principle of good corporate governance aiming for corporate sustainability which will bring shared value on economic, social and environment to its business value chain.

Business Continuity Management Policy

To guide practices of Business Continuity Management of RATCH Group Public Company Limited in managing risks and any kind of crises in order to continue ongoing business operation, protect stakeholders’ interest, and maintain reputation, credibility and sustainability, the Company addressed the Business Continuity Management Policy

Information Technology Security Policy

RATCH Group Public Company Limited hereby announced the Information Technology (IT) Security Policy, to ensure the IT system as well as the network and computer system of the Company, subsidiaries and affiliated companies sharing these systems is secure and continually supportive to the Company's operations; compliant with the Computer Crime Act and other relevant laws; and efficient in preventing harms and damage on the Company.

Prevention of Misuse of Inside Information Policy

RATCH Group Public Company Limited realizes the importance of preventive measures against misuse and abuse of inside information by directors, executives, job operators and related parties, directly or indirectly for their own or others’ benefits. Whether returns are obtained or not, such act violates the Securities and Exchange Act, puts pressure on the Company’s interests, causes conflict of interest and is harmful to the Company’s credibility.

RGCO Announcement on Environment, Occupational Health and Safety

Ratchaburi Electricity Generating Co., Ltd. operates the electricity generation business with 3,645 Megawatt in capacity, to address national power demand. The generation is fueled primarily by natural gas, with bunker oil and diesel oil as secondary fuels.

Personal Data Protection Policy

RATCH Group Public Company Limited and its subsidiaries (“Company”) realize the potential measures of the protection of personal data. Pursuant to this personal data protection policy, it hereby explains on how the Company treats the process of data collection, preservation, use and disclosure of personal data, and related individual’s rights.

Cookies Policy

This website is serviced by RATCH Group Public Company Limited (the “Company”). The Company’s website operates Cookies and other alike technologies that enables to access your internet-connected browser and devices e.g., computer, smartphone or tablet in order to remember your pattern and preferences during web visiting session.

Giving/ Receiving of Gifts and Souvenirs

On the upcoming New Year's occasion, the company would like to announce the no gift practice to all employees adherence to the international standards of good governance and transparency in business operation and to align with the company’s Anti-Fraud Corruption Policy

Charitable Donations and Sponsorships Order

In compliance with RATCH Group Public Company Limited Regulations on Anti-Fraud and Corruption (B.E.2562) and by the authorization granted under Section 2 (13.4) of RATCH Group Public Company Limited Regulations on Accounting, Finance and Budgeting B.E. 2562 as well as Section 1 (5) of RATCH Group Public Company Limited Regulations on Anti-Fraud and Corruption (B.E.2562), the Chief Executive Officer hereby issues the following order