The Company is against all forms of corruption as clearly stated in the Anti-Corruption Policy which has been translated into 12 languages. The Company has participated in the Thailand’s Private Sector Collective Action Coalition against Corruption (CAC). This demonstrates our strong commitment to driving anti-corruption practices throughout the organization.
To ensure that our employees would not neglect our commitment, we raise employee awareness on anti-corruption policy and practices through various channels including training, induction program, e-newsletter, CPF Connect mobile application, other internal communication methods, and an e-Learning course on "Basic Corporate Governance" which includes "Anti-corruption-CPF Way-Employee Code of Conduct". It was reported that the Anti-Corruption Policy are communicated with all employees of all levels throughout the organization, including members of the Board of Directors, employees, and workers. While, more than 15,000 persons, accounted for approximately 71%, from the employees and all of the Boards of Directors attended a training related to the anti-corruption. In addition, more than 7,300 suppliers which equal to 84% of the Company's business partners in Purchasing and Feed Ingredients units were communicated with our Sustainable Sourcing Policy and Supplier Guiding Principle, covering aspects such as legal compliance, transparent business conducts, and anticorruption practices. In 2018, the Company has revised the policy to improve its efficiency in applying with the businesses. We plan to begin the communication of the revised policy in 2019. Suppliers are also encouraged to specify their policy in the same manner.
The Company provides communication channels for employees to report on inappropriate conducts and breaches of the Code of Conduct and listens to their suggestions. Employees who resist extortion and whistleblowers are protected against retaliation. In 2018, the Company received 68 whistleblowing cases on alleged corruption and wrongdoing via the Audit Committee. After investigations, 3 confirmed cases were found in minor breaches against the Code of Conduct as alleged, and 7 cases were found to be incompliance with the Company's regulations. However, the investigated cases were identified as having insignificant impacts on the Company’s reputation or its financial performance. We took appropriate disciplinary actions against the violators, in accordance with our guidelines on disciplinary actions.