In response to global climate issues, the trend toward net-zero carbon emissions, and in alignment with the "Sustainable Development Practices Code," the PM Group established the Sustainability Strategy Office in 2022. The Board of Directors serves as the highest governance body overseeing the company’s sustainability operations. With the goal of achieving carbon neutrality by 2050, the office is focused on developing a strategic climate blueprint and formulating proactive mitigation and adaptation actions.
In addition to implementing sustainability goals, the Sustainability Strategy Office is responsible for carbon-related tasks across environmental, social, and corporate governance aspects. Moving forward, the office will operate as a cross-functional platform to drive low-carbon technology development, promote the application of carbon data, and deepen the integration of sustainability into the company's DNA. The office will continue to collaborate with value chain partners in the spirit of mutual benefit, striving to create a sustainable ecosystem for the future.
| Material Topic: Anti-Corruption and Business Ethics | |
| Important reasons for this topic | Integrity in business operations is one of the most critical issues for PM Group. If not properly managed, the company may face legal penalties in the future, leading to potential financial losses. Ensuring the highest ethical standards and compliance with regulations is essential for maintaining a sustainable and trustworthy business. |
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| policy/strategy |
RBA Ethics Policy - We will adhere to the highest standards of ethics by: operating with integrity and prohibiting corruption, extortion and misappropriation of public funds; prohibiting the offering or acceptance of bribes; disclosing information about business activities, organizational structure, financial condition and performance; respecting and protect intellectual property rights;Follow fair trade, legal competition and advertising; keep the identity of whistleblowers confidential; and actively participate in various community activities. |
| Goals and Targets |
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| Management Evaluation Mechanism |
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| Performance and Adjustment |
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| Preventive or Remedial Measures |
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| SDGs |
12. Responsible Consumption and Production
16. Peace, Justice, and Strong Institutions |
PM Group Corporate Integrity and Whistleblowing Mechanism
PM Group has established a comprehensive legal compliance framework and a clear set of policies to ensure compliance with both domestic and international laws and regulations. Our company regularly monitors potential regulatory changes that could significantly impact our operations and assigns specific departments in each operational location to be responsible for legal identification and compliance, ensuring that all global activities are in line with applicable laws.
In addition to adhering to legal regulations, we have established a robust risk management system to identify and address risks associated with business operations. This includes using internal controls to prevent fraud and unethical behavior, thus minimizing potential risks. We also conduct regular internal audits and external evaluations to ensure compliance with the company's policies. For large-scale investments, we establish dedicated project teams to manage and control fraud risks, ensuring that any unethical or illegal actions are prevented. In case of significant compliance events, detailed disclosures will be made in the PM Group Sustainability Report.
Ethical Standards and Conduct
PM Group mandates that all employees, managers, and directors are prohibited from engaging in, or instructing others to engage in, illegal or unethical behavior. All individuals must strictly follow the principles of integrity and adhere to the company's Code of Conduct, which includes the following:
We enforce strict compliance across all business functions, including product design, procurement, and operations. Our Code of Conduct explicitly prohibits bribery, political donations, improper charitable donations, unreasonable gifts, intellectual property violations, unfair competition, and harm to stakeholders' interests, among other unethical behaviors.
To ensure that employees understand the importance of ethical business practices, all new employees are required to sign intellectual property and confidentiality agreements and complete related training on business ethics and compliance.
Anti-Corruption and Compliance Training
We continuously promote training on legal compliance, anti-corruption, and ethical conduct to reinforce the principles of integrity and self-discipline among our employees. The company provides periodic courses covering key regulatory topics, including ethical conduct, anti-corruption, trade secrets protection, and corporate governance.
Whistleblowing Mechanism
To strengthen regulatory compliance and corporate governance, PM Group has implemented a whistleblowing system managed by the Audit Department. This system enables employees and external stakeholders to report any ethical violations or misconduct. The whistleblowing process ensures confidentiality and encourages the protection of whistleblowers' identities.
1. Whistleblowing Channels
The whistleblowing system is managed by the Audit Department, which receives and handles complaints. Reports can be made anonymously, and the company ensures the confidentiality of the whistleblower’s identity. Employees or stakeholders who observe misconduct or violations of the company’s ethical standards can report the issues through the following contact points:
Contact Number: +886-2-6606-6688 #130
Email Address: whistleblower@pmgroup.com
2. Reporting Process
Once a complaint is received, a project team is assigned to handle the case. The team follows the complaint handling procedures to verify the authenticity of the complaint. If the allegations are confirmed, a cross-departmental team will be formed to review and adjudicate the case. For violations of ethical conduct, appropriate administrative actions will be taken, including disciplinary measures, recovery of inappropriate benefits, and potential legal actions.
3. Internal Control Measures
In addition to the whistleblowing system, we implement a comprehensive range of anti-corruption and ethical conduct training, including content on clean business practices, the protection of trade secrets, personal data protection, anti-corruption, environmental protection, and preventing retaliation. All employees are required to participate in these training programs to ensure they understand and adhere to ethical standards in their daily work.
Sustainability and Corporate Integrity Office
To ensure the management of corporate integrity, PM Group established the Sustainability Strategy Office in 2022. This office is responsible for formulating and supervising the implementation of integrity policies and preventive measures. The office reports the outcomes of its activities to the Board of Directors annually and provides the work plan for the upcoming year. In 2022, the office introduced the Code of Integrity and the Employee Code of Conduct as mandatory courses for new employees, and these topics are also promoted through internal meetings.
