ANTI-CORRUPTION POLICY
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The company operates the business with honesty, transparency, and
unbiasedness, according to our corporate governance policy. Anticorruption policy, as a result, has been incorporated and promoted in
our corporate governance and code of conduct as one of the key
elements in the operational guidelines. All of the employees must abide
by the company’s anti-corruption polices which are as follows:
Definition of corruption
“Corruption” is defined as an act of
1. Offering, proposing, or promising
2. Receiving or requesting
of a bribery directly or indirectly in all forms, whether it is money, assets,
or benefits, to governmental officers, private companies, or involving
parties in an exchange for promoting of an action or refraining of an
action for the private ends. All of the aforementioned are considered to
be inappropriate unless they are within compliance of the laws,
regulations, rules, and customs.
“The company's personnel” mean the directors, executives, and
employees of all levels.
ANTI-CORRUPTION POLICY
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Policy
1. The company’s personnel shall not commit or involve in corruption both
directly and indirectly.
2. The company’s personnel must be highly cautious of their conducts
regarding offering or receiving of an object or service of value to or from
a party. Offering or receiving of a gift or a meal should be done only for
business purposes only. The value of such should be appropriate and
rational and must not cause any significant impacts on the decisionmaking process.
3. The company has an efficient and consistent internal audit and risk
assessment system to prevent corruptions, with a constant year-round
monitoring and an evaluation process of the risk and related measures
at least once per year.
4. The company employs transparent and accurate financial reporting
mechanisms under the international standards of accounting system.
5. The company employs human resource management processes which
reflect our determination to counter corruptions.
6. The company organizes communication channels for our personnel to
inform, provide suggestions, and file complaints of acts related to every
possible case of corruptions, treating each case with confidentiality and
appropriate protection measures for the informants.
7. All business transactions must be transacted strictly according to anticorruption laws of the country in which the company operates.
8. All actions which violate or fail to abide by the company’s anti-corruption
policy, directly or indirectly, must undergo disciplinary actions as
specified by the Company or legally charged.
ANTI-CORRUPTION POLICY
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Given the anti-corruption policy, the company believes that our
personnel will perform their duties and responsibility according to the
corporate governance and code of conduct. Shall a violation however is
found or suspected, the company’s Organizational Excellence
Department has been designed and assigned for collecting of the
information; otherwise, one can always lodge his or her concern through
“WHISTLEBLOWING” or Link www.gpsc.com/gpsc.whistleblowing.aspx.
Names and evidences of the complainants or informants however must
be provided, but kept highly confidential throughout the process, for
reliability and availability for further investigation. The investigation is
conducted strictly under the laws as well as the company’s regulations,
rules, and related provisions as well as with equality and transparency
in a timely manner.
The company promises that all queries will be treated with cautious and
care as well as strictly confidential. The investigation will be done fairly
while the whistle blowers will be protected throughout the process.