Contributions to External Organization and Association
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 2014, 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||2014 (Bath)||2015 (Bath)||2016 (Bath)||2017 (Bath)|
|Lobbying, interest representation or similar||0||0||0||0|
|Local, regional or national political campaigns / organizations / candidates||0||0||0||0|
|Trade associations or tax-exempt groups (e.g. think tanks)||1,158,182||1,971,977||1,820,922||7,435,146.87|
|Other (e.g. spending related to ballot measures or referendums)||0||0||0||0|
|Total contributions and other spending||1,158,182||1,971,977||1,820,922||7,435,146.87|
Breakdown top 3 spending
|Name of organization||Description||Total amount contributed in 2017 (Baht)|
|Chamber of Commerce||Trade association: The Thai Chamber of Commerce has been established for several goals: business’ competency enhancement, network collaboration, and transparency and social engagement knowledge and experience sharing, and organization development.||5,554,000|
|Thai Business Incubators and Science Parks Association, Thai-BISPA||For the past decades, Thai Government has issued many national policies to move our country toward knowledge-based and industry-based economy. Therefore, it is necessary to strengthen our technology capacities among Thai enterprises, especially technology-based business which is also a current global trend. Science Parks and Technology Business Incubators are two main and effective mechanisms to drive the country toward such knowledge-based economy. The association helped on CP ALL’s innovation programs development.||1,000,000|
|United Nations Global Compact||As a corporate member, we support the UNGC as a key global mobilizer to achieve sustainability goals.||582,225|
CP ALL participates with relevant agencies aiming for being a part of change agents. Examples, the changes driven to better overall society contributed by the company.
- Reducing process of obtaining operational licenses, business expansion entails complexity in process in obtaining relevant licenses that permit can overlap in some scopes. CP ALL supports/utilizes this opportunity to represent and raise awareness to governmental agencies through Chamber of Commerce and Ministry of Commerce. Our intention is to reduce complexity in process and steps in compiling documents, hence, the outcome can facilitate overall business expansion in Thailand. (Total spend driven this topic in 2017, around 2,773,000 Baht)
- Introduce SME Development Scheme to improve performance of potential suppliers of CP ALL, we had a collaboration program with the Chamber of Commerce and the Federation of Thai Industries to develop the SME’s performance (Thailand Synergy). The program also includes awarding the annual innovation awards to encourage innovative products in Thailand. (Total spend driven this topic in 2017, around 2,798,215 Baht)