Page 114 - Thailand Post Annual Report 2024

Part 1
Overview of the Organization
Part 2
Business Trends
Part 3
Business Model
Part 4
Strategies and Resource Allocation
Part 5
Risk
Part 6
Corporate Governance
Part 7
Operating Results
Part 8
Other Information
Part 6 Corporate Governance
Corporate Governance Policy
Overview of Corporate Governance Policies and Guidelines
THP Board of Directors establishes corporate governance policy for Board of Directors, executives, and operators to adhere to as a collaboration guideline. Thailand Post’s Board of Directors determines operational policy and direction in line with the policy of state shareholders; provides a board structure with appropriate knowledge and competency elements; performs duties with responsibility, care and honesty toward the organization; treats stakeholders fairly by taking into account their legal rights; provides policies and operational plans that take into account sustainable operations; has social and
environmental responsibility; has good governance and applies innovations to efficiently develop and improve work processes, service provision and internal management; discloses key financial and non-financial information accurately, reliably, completely, adequately, timely and in accordance with relevant laws and regulations; provides appropriate and efficient risk management and internal control to prevent or reduce chances of damage from risks; provides governance rules or guidelines for supervising subsidiaries or joint venture companies to ensure that such rules or guidelines are followed; strictly complies with
112 Thailand Post Company Limited