Responsibly and Sustainably Serving the Interests of Our Stakeholders
At INSEE Vietnam, good corporate governance is encouraged and reflected at all organizational levels. As a subsidiary of Siam City Cement Public Company Limited, INSEE Vietnam abides by the Group Corporate Governance Policy and Code of Business Conduct alongside other governing policies of Vietnam, further strengthening our commitment to the highest standards of business integrity in all our transactions and seeking to establish global benchmarks in our measures against non-compliance.
Our Code of Business Conduct
This Code of Business Conduct serves as a guide for all employees, management, and any person who represents or performs work on behalf of INSEE Vietnam and its Group companies (INSEE Group). It outlines how you are expected to act when working for and on behalf of INSEE Group. This Code is a reference document that will assist you in understanding how to behave when confronted with challenging work situations. Our Code of Business Conduct (“Code”) shall be implemented in line with local laws and regulations. When there is a difference between local legal requirements and this Code, the highest standard will always be applied.
The Code has been developed to build a secure and sustainable future for INSEE Group, its employees, and all its stakeholders. First, it ensures that all the legal and regulatory requirements the Group operates under are known by our employees. It details INSEE Group policies and the behavior required to comply with the laws and regulations in each country in which we operate. Second, it highlights the personal responsibility that everyone must take to ensure the Code is followed and the importance of personal integrity at work, in business practice, and in society as a whole. The Code is a tool to ensure INSEE Group observes all laws and regulations. However, the crucial importance of an employee’s personal commitment to ‘Doing what is right’ is the ultimate key to success.
Non-Compliance
INSEE Vietnam adopts a zero-tolerance policy for bribery, corruption, and other forms of non-compliance for all employees across any operational level and strongly encourages employees to speak up, question and report violations of the Code of Business Conduct. Employees have been provided with a variety of tools to actively contribute to preventing incidents of non-compliance, along with clear direction on the actions that need to be taken in the event of non-compliance. INSEE Vietnam is governed by the following:
Whistleblowing Policy
This Whistleblowing Policy is established to provide a mechanism to voice or report concerns of wrongdoing related to the business, operations, transactions, or activities of Siam City Cement Public Company Limited (“the Company” or “SCCC”) and its Subsidiaries, directly and indirectly held (collectively called the “Group”).
The whistleblower can report wrongdoing or concerns about potential violations of the law, the Code of Business Conduct or Company policy. We encourage the early reporting of matters of serious concern that may affect the professional and compliant operation of its businesses and reputation. These are examples of the types of matters that should be reported, including but not limited to the following:
a) a criminal offense; for example, fraud, bribery, or conflict of interest;
b) a failure to comply with any legal or regulatory obligations, and the Code of Business Conduct;
c) concealment of any of the above
d) retaliation actions against any staff member arising from investigations or other whistleblowing processes.
Any complaints related to products and services of the Group shall not be accepted in the whistleblower system but shall be raised through other appropriate channels or directly with the concerned business unit.
Anti-Bribery and Corruption Policy
Siam City Cement Public Company Limited (“the Company” or “SCCC”) and its Subsidiaries, directly and indirectly held (collectively called the “Group”) commit to beinggood corporate citizens and shall comply with all applicable laws and regulations. This Anti-Bribery and Corruption Policy is established to provide guidance on how to recognize and deal with bribery and corruption for the Group. Personnel at all levels of the Group are required to comply with this Policy and its documents as follows.
Data Protection Policy
Siam City Cement Public Company Limited (the “Company” or “SCCC”) and its Subsidiaries (collectively referred to as the “Group”) establish the Policy to implement appropriate technical and organizational protection measures in accordance with local laws and regulations to protect the Important Data and Personal Data from the accidental, unauthorized, and unlawful loss, damage, destruction, accession, disclosure, processing, and transfer.
The Policy applies to all employees, officers, management, directors, and any person who represents or performs any relevant action on behalf of the Group. The scope of the Policy specifies the minimum standards and requirements to appropriately implement data safeguard management for the protection of all Important Data and Personal Data, whether in physical, electronic, or any other format, to ensure compliance with applicable laws and the Group’s business requirements.
Conflict of interest Guidelines
Siam City Cement Public Company Limited (“the Company” or “SCCC”) and its Subsidiaries, directly and indirectly held (collectively called the “Group”) promote integrity and transparency in conducting business, as these are fundamental in meeting stakeholders’ expectation and building trusts with customers, business partners, and the public. This Policy is designed to provide a standard of conduct to ensure that all Personnel act in the best interest of the Company and the Group. A conflict of interest arises when the Personnel have personal relationship or financial or other interest that could interfere with their obligation, or when they use their position with the Company for personal gain. The Company requires that the Personnel disclose all potential conflicts of interest and promptly take actions to eliminate the conflict.