Business Ethics and Anti-corruption


Any actions against moral principles, violation of business ethics, failure to comply with laws and regulations, or corruption will have a direct impact on stakeholders’ confidence as well as the Company’s reputation and image. Furthermore, such acts could impede the Company’s sustainable growth and the development of the country. 


The Company's stability and sustainability can be ensured by operating a business with transparency, ethics, and moral values, considering the impact on all stakeholders, which will gain support from those affected and attract talented individuals, investors, or businesses that share the same values.

Management Approach

The Company aims to conduct its businesses operation with integrity and responsibility towards its stakeholders. It places a strong emphasis on transparency, honesty and compliance with laws, regulations as well as the principles of good corporate governance and a business code of ethics.  These guidelines establish the scope and standards of behaviors that all employees, including the Board of Directors and executives, must adhere to in order to work in alignment with ethical values.

All executives and employees are obligated to follow the Company’s Code of Ethics policy and manual, in order to instill values of morality and accountability in the organizational culture. It is important for each executive and employee to behave with civility and consciousness, to consider the benefits and impacts of their actions on the Company’s stakeholders impartially and fairly, to conduct business with responsibility and to establish robust work system that prevents corruption through internal audit system. 

The Company has announced revised policies and guidelines that are more suitable for the current business environment, comply with generally accepted criteria and regulations, and promote and support ethical business operations.  The Company has also disclosed its manuals for Good Corporate Governance and Code of Ethics, along with other policies, on its website and intranet.  This allows all employees to learn and use them as a guideline for the operations of the Board of Directors, executives and employees of the Company and its subsidiaries. 


The Company is committed to promoting knowledge and understanding of business ethics and anti-corruption policies and guidelines among its employees and suppliers through various activities and communication channels. The operating performance in 2022 is as follows: 

1. The Company has been communicating its Supplier Code of Conduct to its suppliers since 2019 to ensure that they conduct business in line with the AMATA Code of Conduct for sustainable growth.

In 2022, the Company sent an email to 85 critical suppliers to inform them of the Supplier Code of Conduct and received acknowledgments from all of them, accounting for 100% of the total number of critical suppliers. 

2. The Company communicated the ‘NO Gift’ Policy and guideline

for accepting and giving gifts during festivals and other occasions to its executives, employees, subsidiaries and external parties to ensure widespread awareness. This was done to ensure that executives and employees behave correctly in accepting and giving gifts, thereby avoiding conflicts of interest and establishing norms for conducting business fairly and transparently with all relevant parties. 

3. The Company organized a training course on good corporate governance and anti-corruption

for 41 new employees to ensure that they have a correct understanding of business ethics, policies, measures, and procedures. 

4. The Company organized a training session on "Principles of Good Corporate Governance for Thai Listed Companies and Anti-Corruption"

for employees at all levels to emphasize their understanding of good corporate governance and anti-corruption practices. There were 51% of all employees participated in the training. 

5. The Company requires all employees to pass the good corporate governance and business ethics tests

annually with a minimum score of 80%. In 2022, 100% of employees took the online test and achieved a score of more than 80%. 

6. The Company has been a certified member of the Collective Action Coalition against Corruption in the Private Sector (CAC)

since 30 September 2020. 

Monitoring and Auditing Business Ethics Compliance

The Company has established a Whistleblowing Policy and safe communication channels for its employees and stakeholders to report any clues, advice, grievances, or complaints regarding any misconduct that violates the law, rules, regulations, corporate governance principles, code of ethics, and anti-corruption policy. Measures have been put in place to protect the rights of such persons. The information provided by whistleblowers will be kept confidential and accessible only to those responsible for investigating the complaint. Such complaints will be processed according to the process stipulated in the Good Corporate Governance Manual. 

Channels to Receive Complaints and Clues

Mr. Anucha Sihanatkathakul
Chairman of the Audit Committee

AMATA Corporation Public Company Limited

2126 Kromadit Building, New Petchburi Road, Huaykwang, Bangkok 10310 Thailand

P.O. Box no.7 Monterey Tower  
Bangkapi, Huai Khwang, Bangkok 10323 Thailand

 +66 (02) 792 0004

Mr. Vikrom Kromadit
Chairman & Acting CEO

AMATA Corporation Public Company Limited

2126 Kromadit Building, New Petchburi Road, Huaykwang, Bangkok 10310 Thailand

P.O. Box no.7 Monterey Tower  
Bangkapi, Huai Khwang, Bangkok 10323 Thailand

 +66 (02) 792 0004

Mr. Manachai Kaoprapan
Head of Company Secretary and Legal

AMATA Corporation Public Company Limited

2126 Kromadit Building, New Petchburi Road, Huaykwang, Bangkok 10310 Thailand

P.O. Box no.7 Monterey Tower  
Bangkapi, Huai Khwang, Bangkok 10323 Thailand

 +66 (02) 792 0004

Process of Complaint and Clues Management


Screen facts
and investigate according to Whistleblowing Policy by authorized person.


Proceed further
on a case by case basis, by the executives authorized as investigation committee should any wrongdoing be found.


Provide appropriate remedy

to the affected parties and establish corrective measures to prevent future incidents.


Report the summary of complaints and clues management and results

in every Corporate Governance Committee meeting and to the Board of Directors at least once a year as well as disclosing the information in the annual sustainability report. 

The Company did not receive any significant whistleblowing reports or complaints related to corporate governance and corruption in 2022. There were no reports of misconduct by the Company's Board of Directors, executives, or employees, and no employees were found to have violated the Company's regulations in the past year. However, there were three cases where outsourcing employees violated the Company's work regulations and COVID-19 prevention measures. The Company has issued warning letters to the outsourcing companies, requiring them to ensure that their employees comply with the Company's measures in the future. The Corporate Governance Committee reported and summarized the complaints and violations of ethics and regulations to the Board of Directors for acknowledgment accordingly.  

Start building the Future
with Amata


Contact us for more details.

+66 38 939 007

+84 251 3991 007 (South)
+84 203 3567 007 (North)

+95 1 230 5627

+85 620 5758 0007

© AMATA CORPORATION PCL. All rights reserved.  Web by Toneyes  Web by Toneyes