CP ALL recognizes the importance of good corporate governance and foresees the impact of misconduct in the organization, which could pose reputational risks. CP ALL code of business conduct prohibits any forms of political activities and contributions. The Company established the Anti-Corruption Policy as guidelines for business operations in order to foster transparency and work in accordance with the directions from the Board of Directors. Besides the anti-corruption policy, CP ALL has other related guidelines including anti-corruption guidelines, donation for charity guidelines, financial contribution guidelines, and guidelines on giving/accepting gifts, souvenirs and reception. The policy is reviewed annually by the Board of Committee under the Anti-corruption Policy and there is an evaluation of risk management relating to corruption, review of related policies and guidelines, and building awareness of anti-corruption among employees at all levels. However, since 2017, there was no spending or any activity related to politics, but only trade association membership fees.
The reported amount consists of membership fees for joining trade association
| Activities | 2020 (Baht) | 2021 (Baht) | 2022 (Baht) | 2023 (Baht) |
|---|---|---|---|---|
| Lobbying, interest representation or similar | 0 | 0 | 0 | 0 |
| Local, regional or national political compaigns/organizations/candidates | 0 | 0 | 0 | 0 |
| Trade associations or tax-exempt groups (e.g. think tanks) |
|
|
||
| Other (e.g. spending releated to ballot measures or referendums) | 0 | 0 | 0 | 0 |
| Total |
The Company worked as an ally with every sector in order to increase awareness on the trends and needs, and to participate in sharing its views and advice, where, budgetary support was provided, which included supporting qualified persons of the Companies to provide their assistance to the associations as per the table below.
| No. | Association/Agency | Budget for 2023 (Baht) |
|---|---|---|
| 1 | The Thai Chamber of Commerce and Board of Trade of Thailand | |
| 2 | Global Compact Network Thailand (GCNT) | |
| 3 | The Federation of Thai industries | |
| 4 | Thai Retailers Association |
In 2023, CP ALL Plc. participated and supported projects with various organizations as follows.
| Issues the Company and associations contribute to in 2023 | Associations | Participation Details | Contribution (Baht) |
|---|---|---|---|
| Promote, build capacity and business opportunities for SME | Thai Chamber of Commerce and Board of Trade of Thailand Thai Chamber of Commerce and Board of Trade of Thailand were founded to serve as a neutral entity coordinating trade and economic efforts between the private-public sectors. They provide opinions and suggestions to the government relating to policies and measures promoting business, resolving challenges, facilitating development of Thailand’s economy and trade |
|
5,232,017 |
| Plan strategies and drive operations Aiming at achieving social sustainability goals and environmental operations framework | Global Compact Network Thailand (GCNT) A local network aimed at supporting the private sector to align its business practices with the human rights principles, Paris Agreement on climate change action, and 17 UN SDGs |
The Company also participates as one of the founding members of the Global Compact Network Thailand (GCNT) with the aim to achieve sustainability goals, including carbon neutrality and net-zero greenhouse gas emissions. The Company collaborates with GCNT to support the advocacy from the private sector and civil society organizations. This also includes exchanging best practices in pursuing carbon neutrality and net zero greenhouse gas emissions goals | 2,575,000 |
| Promote innovation and technology, elevating entrepreneurs’ competitive capacity | Federation of Thai industries Federation of Thai Industries (FTI.) is a non-profit private organization representing Thai industries and entrepreneurs of various industries. Thailand’s 1987 Federation of Thai Industries Act (FTI) operates under Ministry of Industries. FTI’s role is to collaborate with public sector, both domestic and overseas in operating business and developing the industry |
|
204,360 |
| Representative body for Thai retailers, engaging in discussions and negotiations with government agencies | Thai Retailers Association The TRA acts as a representative body for Thai retailers, engaging in discussions and negotiations with government agencies, private sector organizations, and relevant stakeholders on policies, regulations, and issues that impact the retail industry, and promotes knowledge sharing, experience exchange, and networking among its members through various events and initiatives, fostering collaboration and strengthening industry ties , and Enhancing Retailer Capabilities |
CP ALL and The Thai Retailers Association (TRA) have collaborated on various initiatives to promote and develop the retail industry in Thailand. These collaborations encompass the following key areas:
|
158,967 |
Remork : Budget information comprises of membership free and or the cost of implementing the project.
