Corporate Governance Policy
The Board of Directors of Symphony Communication Public Company Limited has a strong commitment and intention to promote the Company to be the organization that conducts business under the principles of good corporate governance.
The Company has efficient operations and excellent management, is able to adapt under changing factors, and grows steadily and sustainably, alongside with respecting and observing laws, having integrity, transparency, and accountability; taking into account the utmost interest of shareholders; and being responsible for all stakeholders.To fulfill the said ambition, the Board of Directors has established “the Corporate Governance Policy” as a practical framework for its personnel to perform duties in the same direction throughout the organization.
as well as the performance of duties of the Company's personnel:
(1) Accountability means to demonstrating responsibility for the consequences taken from actions, commands, assignments and decisions based on one’s own roles and responsibilities, ensuring they can be explained or clarified.
(2) Responsibility means performing one’s own duties with full competence, dedicate to meet accomplishment and always improve performance.
(3) Equitable Treatment means treatment of all stakeholders with equality and fairness and being able to clarify when inquiries or complaints are raised.
(4) Transparency means conducting business and duties in a transparent, reliable, and auditable manner, including disclosing information to relevant parties in a transparent manner.
(5) Vision to Create Value means looking towards to the future to create added value or competitiveness, both in short term and long term.
(6) Ethics means operating a business and performing duties on the foundation of morality and ethics.
To ensure good governance and determine the balance of power for transparency and mechanism for check.
According to the Company’s organizational management structure.
Which are environment, social, economy and governance by considering factors and conditions that will strengthen growth and enable the Company to achieve its goals along with taking into account interests of shareholders and impacts, both positive and negative, on relevant stakeholders.
Set up clear and transparent policy and procedures for selection and nomination of directors as well as remuneration structure that is appropriate for the directors’ respective roles and responsibilities to motivate them to lead the Company to meet both short- and long-term objectives. Encourage and support all directors to develop their skills and knowledge for performing director’s duties on a regular basis.
Formulate compensation structure that is appropriate for respective duties and responsibilities, linked to their individual and company performance, including market conditions. Establish a proper mechanism for performance evaluation and development of the president, senior executives (C-Suite) and key executives to ensure that they possess knowledge, skills, experience, and characteristics necessary to drive the Company towards its goals.
In terms of numbers, knowledge, skills, experience, compensation and motivation, taking into account human rights as well as fair and equal treatment of labor.
By considering impacts throughout the value chain to enable the Company to meet its objectives and goals in a sustainable manner.
To grow business and improve operational processes.
That is appropriate, efficient, and aligned with applicable laws and standards, including monitoring and evaluating on a regular basis.
Prepare financial reports and disclose significant information, both financial and non-financial, accurately, completely, adequately, timely and in compliance with relevant regulations, standards, and practices.
Promote and support engagement with shareholders. Encourage shareholders to exercise their rights as well as treat and communicate with all shareholders equitably.
Ensure that all groups of stakeholders are treated fairly and equally and that their rights are protected according to the relevant laws; engage in developing quality of life or people in communities and society and preserving environment.
Encourage and support executives and employees to understand and adhere to principles and practices of good corporate governance; as well as act as a role model and good leader.
Adhere to principles of morality and ethics, and strictly comply with laws as well as rules, regulations and policies established by the Company.
To foster good corporate governance culture throughout the organization, the Company has announced the Corporate Governance Policy to all directors, executives and employees to acknowledge, adhere to and put into practice. The Company also educates good governance practices to its personnel to ensure that good governance is embedded into daily operation.
SYMPHONY has been rated “EXCELLENT” or “5-STAR” CG Scoring for 5th consecutive year
of the Corporate Governance Report of Thai Listed Company (CGR) by the Thai Institute of Directors Association (IOD) and the Stock Exchange of Thailand.
This recognitive award mirrors the commitment and achievement of the company in conducting business based on the principles of good corporate governance taking into account all groups of stakeholders for sustainable growth
