Good Corporate Governance for Values Creation of Sustainability

Good Corporate Governance (GCG) has guided OISHI Group well over the years. GCG is a reflection of a management system that displays efficiency, fairness, and accountability. The company’s Board of Directors is in favor of raising the GCG to the level of the Securities Exchange Commission (SEC) and the Stock Exchange of Thailand (SET). The GCG of SEC and SET enjoy the same international standards as the Organization for Economic Cooperation and Development (OECD). The OECD comprises five sections: rights of shareholders, equal treatment for shareholders, roles of stakeholders, information disclosure and transparency, and responsibilities of the Board of Directors. In addition, OISHI Group has made its Code of Conduct available to all—including company executives, employees, and staff. It goes to group companies as well. For the GCG to become effective, there has to be communication, understanding, and follow up. The existence of GCG will enable the Company to move forward, be mindful of interests of, and impact on, all stakeholders concerned, and create confidence among all stakeholders.

Our commitment to GCG resulted in the company being awarded A+ from Tris Rating Co., Ltd.- a credit rating agency - due mainly to favorable operating performance and outstanding product brands. Furthermore, the Corporate Governance Report of Thai Listed Companies 2021 (CGR) rated OISHI Group “EXCELLENT” for the fourth consecutive year. The Thai Institute of Directors (IOD) carried out the assessment.