S&P has determined its strategies toward sustainability under 3 pillars including people, planet and profit on the basis of good corporate governance and the promise of "Healthier Family, Happier World" with the highest aims to maintain proper balance of impacts in the economic, social and environmental dimension to the Company and all groups of stakeholders for good health of consumers, business partners and communities. These are to conserve natural resources and the environment by driving the operation in conformity with the global sustainable development goals (SDGs) under the Global Reporting Initiative (GRI) which is regarded as framework for determination of issues of sustainability, scope and guidelines for sustainable business management covering the Company.
 |
Economic Dimension | Social Dimension | Environmental Dimension |
|---|---|---|---|
| Sustainable Development Goals (SDGs) |
GLOBAL BRAND FROM THAILAND PROUD TO SUSTAIN OUR LEGACY PROUD TO SERVE THE WORLD SUSTAINABLY Click to Enlarge
 |
||
| Global Reporting Initiative (GRI) |
|
|
|
| Main Strategies |
|
|
|
| Sustainable Development Goals (SDGs) |
|
|
|
| Operational Guidelines |
|
|
|
S&P is committed to its good corporate governance and operational measures under the "S&P Work Regulations and Ethics" and promoting the organizational culture of responsible business operation from the Board of Directors to employees at all levels as well as business partners; whereas, all business partners must accept the S&P Code of Conduct for Suppliers for cooperation in developing products of the highest quality for consumers and increasing the competitiveness.
The Company has jointly announced its intentions with Thai Private Sector Collective Action Against Corruption (CAC) and the Thai Institute of Directors (IOD), which has received the NACC Integrity Award since 2012 and has been accredited as a member of Thai Private Sector Collective Action Against Corruption (CAC) since 2013 so far. Additionally, S&P has also encouraged business partners to join as network parties with the public sector and the private sector against corruption and bribery in order to create a strong foundation of good corporate governance and to be a key factor to achieve the goals of sustainable growth.
Since the Company has been aware of its responsible business operation and respects to the rights of all groups of its stakeholders, therefore, the Company has its follow-up mechanism and processes of strict handling with the cases of breach of ethics; and all stakeholders may report the case of infringement of rights to the Company through the following channels:
At present, the business operation must always encounter changes, including business environment and emerging risks, particularly crisis from COVID-19 situation. As a result, the Company shall continuously analyze and follow up the situation of policy change of the Country and promptly adjust the operational strategies. Therefore, the Company has given the importance to the organizational risk management and business continuity plan (BCP) to handle significant risks, including regulatory, social and environmental risks as well as cyber security which are challenging external factors and may affect the business operation.
Therefore, we are committed to upgrading the systematic risk management throughout the organization and to creating confidence to all groups of stakeholders, including employees, business partners, alliances and shareholders reflecting the increase of capacities to handle changes and to carefully manage risk issues in all areas more thoroughly and rapidly and to operate their sustainable businesses.
