Practice 5 Nurture innovation and
Responsibility Business
The Board of Directors is aware that
almost every process of operations must give importance to society and the
environment including aware of stakeholders in all groups by conduct business
with responsibility and fairness to all stakeholders. Moreover, establish clear
policies and raise awareness of company’s and its subsidiaries employees to be
responsible for social, environment and all stakeholders by establishing
policies and practices in “Code of Conduct and employees ethics” as well as
distribute to directors, executives and all level of employees. Moreover,
uphold the guideline for treatment of all stakeholder to ensure that interested
will be treat fairly thus company has revealed in title of “Code of Conduct”
under “Good Governance” on company’s website www.cenplc.com
The
company take care all stakeholders equally by following practices
1. Shareholders
In year
2020, the company does not pay dividends for year 2018 business operation as
net profit of 312.57 Million Baht thus most of net profits are unrealized gain
from securities value and company need to reserve cash as working capital and
invest more in various projects.
The
company has accurate and complete results on business reporting regularly every
quarter and disclosure of transaction with connected parties through SETSMART
of Stock Exchange of Thailand and company’s website
By this,
every company’s shareholders are invited to attend 2020 Annual General Meeting
of Shareholders and have right to vote in every importance agendas by receiving
importance information in various way such as documentation and electronic
information
2. Employees
Employees of company and subsidiaries are valuable
resource and importance part concerning drive through business toward success,
business goals of organization therefore strive to develop and enhance culture
in order to support work as create all employees to be proud and believe in
organization, treat employees politely and respect on human right, take care of
employees equally without any discrimination. The company has a basic policy to
promote employees unity, have confidence and trust each other, respect human
dignity as well as personal rights, employment, hiring, appointment and
transfer employees which will based on morality and uses of human resources to
maximize benefit of company
The
company is committed to develop potential of its employees as well as providing
equal opportunity to create career advancement for all employees, development
on skills, knowledge and capability of all employees to be ready to work and
supporting business expansion in future which includes create career stability
and give opportunity to progress according to potential of each person.
Moreover, involvement of employees in determining direction of operations and
development along with policies related to compensation by providing fair
compensation that is appropriate to knowledge, responsibility and practical of
each employee
Compensation and Welfare of employees
The
company has reasonable compensation which according to knowledge, abilities,
roles, responsibilities, performances and provide welfare to enhance quality of
life and well-being thus subsidiaries has establishing a welfare committee to
provide opportunities for employees to participate in welfare administration as
well as promote of various activities all time which gives employees to
communicate or give advice matter of work through specified channels
Compensation
of Employee: The company provides fair
compensation to every level of employees in accordance to business operation
each year and compared with same size and type of business as in long term
there is clearly measurement in performance and potential of employee arrange
to growth by in line which have
reasonable welfare.
Employee Benefit: The
company has provident fund in order to care on benefits of employees and
encourage long term saving in the future which includes as incentive to
employees to work in company for long time by employees as a member of
provident fund will received subsidy at the rate of 5 percent of
their basic pay which members can accumulate funds into fund at the rate of 5-15% of
wages as voluntary of member thus when members become de-active, they will
receive a contribution, including the average net benefit under the terms of
the fund
The company and its
subsidiaries has provide benefits and safety to employee as standard benefits
(accordance to law) such as working date, holidays, annual leave, other holidays,
Social Security, Compensation Fund, Provident Fund. Mentioned benefits are
continuously promote to employee
1. Welfare
to develop employee
- Provide to
support in term of internal and external education
- Provide
seminar of knowledge related to work within and outside the company
Continuously
2. Welfare
to help for cost of living and the family
- Provide hygienic canteen with reasonable
price
- Provide form to employees (daily) and employees (monthly)
- Provide transportation to employees
- Provide expenses on travel costs, vehicle and fuel expense
- Provide help in term of rent (house)
- Provide lunch allowance
- Provide incentives of bonus, shift, experiences etc.
- Provide
welfare on victim cases, in cases of death of parent and married couple of employee includes allowance
for death
3.
Welfare to encourage employee savings and
stability in the future
- Provide provident fund to save money in the future which members
need to accumulate as 5 percent of
wages and subsidy at the same rate from company
- Provide saving and credit cooperatives
- Provide gratuities to employees or commutation for maintain
benefits from retirement
4.
Provide health care
- Provide medical room by having registered nurse including
medical supplies and medicine
- Provide annual health checkup and health check by risk factor
5.
Welfare for sport and recreation
- Provide athletic to strengthen health, build harmony and build
good relationship within employees
Employee
Development Policy: The company and its subsidiaries has policy
for employee development in order to competitive advantage of organization in
term of market, professional development, management and quality of life thus
provide training for development for employee at least 6 hours/person/year
which is not less than 50% of total employees as end of year
|
Training |
Amount of Employee |
Rational of Training |
|
Training for 6
hours |
111 |
77.62% |
|
Training less than
6 hours |
32 |
22.38% |
|
Total
employee as end of 2019 |
143 |
100.00% |
|
Name of Training
Program |
Number
of Hours |
|
Method for measuring acidity-base of accurate
measurement results |
3 |
|
Seminar on Network for increasing labor productivity,
Rayong |
6 |
|
Preserving hearing : surveillance and prevention of
osteoarthritis No.1 |
6 |
|
Preserving hearing : surveillance and prevention of
osteoarthritis No.2 |
6 |
|
Driving a forklift safety and correctly |
6 |
|
Documentation QP/QM/FM/WI ISO: 2015 |
6 |
|
Submission of electronic financial statement (DBD
e-filling) for Public Company Limited |
3 |
|
System integration to expand organization potential and
increase opportunities in business |
3 |
|
Professional application of modern inverter |
6 |
|
Love Rayong Factory; Jointly prevent and reduce
accidents within and outside factory |
6 |
|
Dangerous from chemical and first care aid |
6 |
|
Cultivating safety behavior BBS |
6 |
|
Seminar for major power user in Rayong Province |
5 |
|
Principles of being supervisor |
30 |
|
Standard risk assessment for occupational injuries ISO
45001 |
3 |
|
Predictive maintenance measurement with motor 4.0 era |
6 |
|
Standard depth TFRS9 TFRS16 essence, impact, guidelines
and case studies |
12 |
|
The operator controls forklift truck safety |
30 |
|
Review of work on cranes |
6 |
|
Penalties and danger of substance abuse |
3 |
|
Safety officer Supervisor Level |
12 |
|
Labor relation Law |
3 |
|
Initialization and basic resurrection |
6 |
|
Senior Energy Personnel in Basic Theory |
30 |
|
Seminar Industrial electricity users No.35/2020 |
6 |
|
Discussion and exchanges for system development Health
Management in Organization |
6 |
|
Happy and ready for retirement |
6 |
|
System usage for SET Link |
3 |
|
Primary Fire |
6 |
|
The commander spits crane over the head, who gives the
operator signal |
6 |
|
In
totaling of 30 courses |
242 |
Safety
and hygiene in work and working environment : The company and its
subsidiaries has play attention on safety and hygiene in workplace by set
clearly and concrete policies including set up safety committee in term of
health and environment of workplace (Kor.Por.Or) in order to work on safety
and good hygiene for employees – check on safety of workplace regularly, safety
securities for 24 hours, CCTV, indoor alarm system, fire extinguisher, fire
door through held fire safety training and first aid training to employee every
year. The company and its subsidiaries have communicated with their employee
and operator to acknowledge and involve in those practices as follow:
-
Support and creative for work
by safety and preserve the environment
-
Support in order to create
safety in workplace, provide safety equipment and workplace as well as
encourage knowledge and work with safety
-
Make policies for all
supervisor to be responsible for safety in workplace in accordance to
regulation of safety as set by company and its subsidiaries strictly
Apart from this, company and its
subsidiaries has public information, any knowledge relate to disease prevention
and care of employee health through exhibition and advertising boards by
following process.
|
Committee in
term of safety, health and environment in workplace |
||||||
|
Subsidiary |
Legislation |
Amount |
||||
|
Employee |
Director |
Staff Member |
Board |
|||
|
Male |
Female |
Total |
||||
|
UWC |
100
but not more than 500 |
7 |
400 |
15 |
2 |
17 |
|
RWI |
100
but not more than 500 |
7 |
159 |
10 |
1 |
11 |
|
Safety
Officer |
UWC |
RWI |
||||
|
Amount |
Amount |
|||||
|
Male |
Female |
Total |
Male |
Female |
Total |
|
|
1.
Jor.Por. (Executive
Level) |
11 |
3 |
14 |
5 |
2 |
7 |
|
2.
Jor.Por. (Supervisor Level) |
18 |
7 |
25 |
31 |
6 |
37 |
|
3.
Jor.Por. (Professional Level) |
1 |
1 |
2 |
1 |
- |
1 |
|
TOTAL |
30 |
11 |
41 |
37 |
8 |
45 |
|
Details |
UWC |
RWI |
|
Accident statistics |
20 |
11 |
|
Leave statistic due to sickness |
||
|
· Less than 3 days |
11 |
7 |
|
· More than 3 days |
9 |
4 |
Communication
Chanel for employees: Apart from complaint channel as above mentioned-
company and subsidiaries has opened up direct channel for communicate, suggest,
complaint and report any problems related to work between employee and
commander to welfare committee and report to Board of Directors next.
The company has set defend
employee complaint protection which includes co-operatives in
investigation, fact will be protected from unfair practices due to cause of
complaint e.g.; interfering with performance, change job and lay off
In year 2020, all suggestion has
been considered and corrective action in order to maintain good relationship
with equally treatment among employees thus company has implement by a
mechanism that does not affect employees who report the clues and will keep it
secretly
Boards of Directors
play intention to relationship on building and taking care of customers
therefore company and its subsidiaries holds honesty and fair for doing their
business operation, not violate right of customers/ treat customers equally
which base on fair competition for both parties
Subsidiaries have
policies to response customers in order to lead to success of company in
accordance to practices and regulations agreed with customers.
·
Provide advice including accurate and
sufficient information to customer also meets customers need with speed,
maintain client confidentiality thus not take client confidentially to be used
for advantage or wrongful related
· Development
on products and services in order to meet customers need by innovative ways to
add value to your products continuously
· Play
attention on keep information of product secretly and not use as self-benefit
· Play
attention to information which benefit to customer by having clear labels other
than law required
· Provide
division for customer services or consumer in term of complaint and suggest
on product quality, convenience services
by emphasize on customer needs together with fairly conducted to customers.
In year 2019, there
aren’t any complaint from customers significantly thus company and subsidiaries
have analyzed the causes in order to prevent and monitor all system also deploy
this to whole organization. Moreover, managing director has play importance
roles on mentioned subjects by set division to be responsible and report to
Executive Board to be resolved, build relationship, satisfy existing and new
customers which as result in continue order
4. Competitors
The
company and subsidiaries has treat competitors without violating and secret or
knowing their trade secrets by fraudulent
·
The company and subsidiaries has
process the business in accordance to honest and fair trade competition
framework which complying with an agreement with trade competitors equally
under framework of law and company’s code of conduct
·
Not seeking confidential
information of business competitor in dishonest or inappropriate ways
·
Not to damage the reputation by
accusing the competitors
·
Promote and support free trade
fairly, not monopolizing or requiring customers of company and its subsidiaries
to trade with company only
·
Not acting in violation of the
intellectual property of competitors
In
year 2019, the company and its subsidiaries has no dispute with regard to
competitors
5. Partners
The Company and its subsidiaries have
played an importance role on focusing of practice equally and fairness which
based on fair return on both sides. Its business
partners must not bring discredit to the reputation of the company, or the law.
·
No receive or consent to accept properties
or other benefit apart from trade agreement
·
Build relationship, good corporation and
product development in order to strengthen capacity and business performance
together with long run of joint business (win win solution)
·
Products procurement is importance process of
administrative expenses and product quality to reach highest benefit of company
therefore criteria and evaluation system needed
·
Encourage partners
to participate
in international
standards related to Environmental
In
year 2019, no appear that company and subsidiaries has obey in suppliers
agreement
6. Creditor
The Company
and its subsidiaries have practices under the conditions strictly together with
build relationship with creditor in order to create
trusted and confident by on time payment to creditor under the credit term
agreements in advance
The company
and subsidiaries have bank transfer through media clearing which is more
convenience for creditor.
In year 2019,
company and subsidiaries have business creditors which are in the pass we have
never default of payment.
7. Labor
The
company and its subsidiaries have to ensure that company and their subsidiary
has not used illegal labor.
8. Human Rights
The company and subsidiaries has encourage
Executives and employees as citizen to exercise their rights on constitutional
legal and strictly on human rights principles which is increasing on value of
human resource as importance for key business by not discriminating within
organization gender, class, color, race,
religion, society as well as do not use child labor and resist sexual control
·
Provide knowledge of human right to employees
and not support activities that violate human rights
·
Avoid partnering with organization lead to
violate human right
·
Give the employee right to argue for
self-identification if the fault is indicated or any corruption on job thus any
complaints will attentive and act fairly
·
Provide any channel to employee or whom
believe their rights are violated or unfair treated then could complaint to
company as complaints should be taken care of treated fairly
Throughout
the business operation, company and its subsidiaries never have a history of
unfair
practices and no law suit in this
matter.
9.
Political Rights
·
The company and subsidiaries support
executives and employees to uses their right as a good citizen according to the
constitution law and other relevant laws
·
Executives and employees not use the
authority to invite colleagues. Including subordinates to support any political
activities, whether directly or indirectly
10.
Government
Doing business operation under
provision of law and regulations of strictly regulated by the agency to
cooperate in providing information, was required, and requested by the state
agency. By this, the company has pay Tax paid correctly and on time in
accordance with the laws of VAT, Business tax, Income tax, withholding tax
label stamp duties and a personal income tax.
11. Social
and Community
The
company and its subsidiaries has realize importance on social and community by
set policies to instill a sense of community as responsible in social and
community to executives and every level of employees continuously for
improvement on quality of life and benefit in society to return profits in
social and community regularly
·
To create understanding on communicate with
community and social in term of business operation, responsible for communities
and social by do not cover facts that may reveal
·
Organize activities that benefit community
and society such as building the library, funds donate to charity and
charitable organizations, Hospital and Buddhist activities
·
Take advantage of resources as needed by
minimal impact to social and community
Subsidiaries
has certified of CSR-DIW from Department of Industrial, Ministry of Industry as
it an award for industrialists which continuous development and good
responsibilities among society continuously
Subsidiaries
has certificate for work place of drug free Department
of Labour Protection and Welfare
12. Environment
The
company and its subsidiaries operates by focusing on natural resources and
environment
which pay attention to energy
conservation activities which support better quality of life includes awareness
of preservation and conservation of the environment to remain sustainable
beneficial to the community.
·
Encourage employee of consciousness about
responsibility on Environmental throughout organization continuously by driven
by both inside to outside and outside to inside
·
Improvement and development process in term
of machinery and technology continuously also have manage systematically both
in production of goods and services in order to reduce environmental impact
·
In order to be consistent with policy on
managing environmental, company and subsidiaries has practice as follow
mentioned policy and ISO 14001:2015
Educating and training employees in environmental
issues:
The
company and subsidiaries has recognize the importance of campaign also raise
awareness of executives and employees to care of environmental by enhance
knowledge on environmental issue through exhibition within and outside
organization continuously
To promote efficient
use of resources:
The company and its’ subsidiaries has set policies to employee to user resource effectively in all process related business operation for highest return by taking environmental affect into consideration as define measurement to prevent and mitigate effect that may occur systematically
The company and its’ subsidiaries using resources efficiently and effective in term of cost, control energy consumption and create awareness for organization and build employees to be involved in energy efficiency in all aspects such as electricity, oil and water supply continuously both workplace and home. Be aware on energy saving and to acknowledge effects of global warming
· Supporting on production process that are
environmentally friendly in the field of plumbing conservation and waste
management both in factory and office eg; Peak Demand Control System in order
to control usage of electricity and installing of energy for saving systems
(Evaporative), using LED bulbs (brightness without heat) as environmental
friendly as long service life of 50,000 hours
· Reduce paper consumption by using 2 sides of
paper together with development information technology in term of workflow
system to replace the paper in workplace both factory and office, meeting
conference through VDO conference
