2. Establishment of E-compliance Library of compliance-related information from all operations within IRPC, using digital systems in aggregating, storing and assessing conformity, complete with search functions. Relevant laws or regulations that are updated and stored in the system are assessed for conformity by various units of IRPC. The introduction of the digital systems helps improve the operational oversight by providing accurate, complete data that is always up to date, as well as helping identify relevant personnel and issues and linking them to compliance requirements with a high level of accuracy. The digital systems also facilitate communication with relevant personnel to assign them to perform tasks to achieve compliance. IRPC intends to further improve the efficiency of the E-Compliance system with a view to promote wider use within the company. 3. Compliance Communication and Awareness and development of Compliance Oversight IRPC has promoted corporate compliance through awareness campaigns, including as part of new employees’ orientation. They are asked to acknowledge and comply with the company’s corporate governance policy and corporate governance handbook along with other corporate policies. Employees and their supervisors also undergo training on observance of relevant handbooks, including on matters such as corporate governance and regulatory compliance, as practical guidelines in doing their jobs. These are considered part of fundamental training programs. In 2021, the company organized activities relating to training programs and communication campaigns as follows: • Training and communicating PDPA handbook and other rules, such as anti-monopoly, internal control measures to prevent corruption and bribery. • Disseminating news and public relations about Corporate Compliance through various channels. • Communicate basic knowledge of Governance, Risk Management &Internal Control, Compliance (GRC). • Establish a Common Set of Assurance Function Information (GRC share drive) so that relevant employees can access and share information, integrating GRC information to support all three core GRC units. To integrate GRC, IRPC established in 2021 a workgroup and engaged consultants to advise on suitable operational adjustments to achieve compliance with various standards. 4. Governance, Compliance Evaluation, Reporting and Stakeholder Engagement IRPC stresses the importance of good corporate governance and compliance that drive efficiency enabling the company to achieve business goals and meet stakeholder expectations. The company provides oversight for implementation of the approved GRC plan, and report to the Corporate Governance Committee and Risk Management Committee at specified intervals. In addition, the company also takes into consideration valuable suggestions from all relevant units to continually improve the efficiency of its operations. To strengthen Alignment & Synergy internally and externally, IRPC has worked closely with PTT Public Company Limited and its group companies. The company’s achievement in corporate compliance was recognized by the Society of Corporate Compliance and Ethics (SCCE), which requested an article from IRPC on its successful implementation of corporate compliance for publication in its magazine to exchange knowledge and share lessons learned among its compliance and ethics members around the world. This recognition is beneficial and encourages the company to further develop its limited personnel specialized in these matters to improve their capabilities and gain wider experience in order to enable IRPC to achieve higher international standards and make positive contribution in this field. 219 Corporate Governance Policy IRPC PUBLIC COMPANY LIMITED
RkJQdWJsaXNoZXIy ODg4NTI=