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Good Corporate Governance

Good Corporate Governance

The Board of Directors recognizes the importance of corporate governance in the Company’s sustainable development, in creating shareholder value, and in securing trust from all stakeholders, including shareholders, employees, customers, business partners, competitors, and creditors.

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

Management approach

We recognize the importance of corporate governance and the significant role it plays in our organization’s sustainable development. We adhere to the Stock Exchange of Thailand’s (SET) framework, Institute of Directors and relevant organizations such as (1) Corporate Governance Report of Thai Listed Companies, (2) Annual General Meeting Checklist, (3) Corporate Governance Code.

Policy : Corporate Governance Policy

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Stakeholders :

Shareholders, Civil Societies, Academics, Media Outlets, Regulators, and Employees

Short-term goals :

  1. Corporate Governance Report: 5 Stars
  2. Annual General Meeting Checklist: ≥ 98%

Long-term goals :

  1. Highest Corporate Governance rating by the Stock Exchange of Thailand’s (SET) framework, Institute of Directors and relevant organizations

2023 Key Performance(s) :

  1. Annual General Meeting Checklist: 100%
  2. TASCO received the Thaipat Institute Sustainability Disclosure Award in 2024 for the fifth consecutive year
  3. Review and present to the company’s board of directors on the application of the Corporate Governance Code for Listed Companies 2017 (CG Code), taking into account its suitability for the business.
  4. Firmly adhere to and implement the criteria outlined in the Corporate Governance Report of Thai Listed Companies (CGR) project by the Thai Institute of Directors (IOD). For example, organise briefing sessions for the company’s board of directors on recommended subjects such as conflicts of interest and insider dealing, delivered by professional speakers from the Thai Institute of Directors.

Independent Directors

6:11

Independent Directors
our of Board of Directors

Women in Board

0

Female in Director

10 Non - Executive

9

With direct experience
in core business

Performance Indicators of the Chief Executive Officer

Financial indicators
Non-financial indicators
1. Revenue, GP, EBITDA and net profit margin targets
1. Strategic goals; execution and monitoring progress per Vision 2025
2. Market share of Thailand Business
2. ESG Performance
3. Market shares of international subsidiaries
3. Innovation Culture Rating
4. ROI, ROA, ROE, Total Shareholders’ Returns
4. Ensure implementation of enterprise risk management at International subsidiaries