Corporate Governance
Importance and Mission
Sansiri is dedicated to conducting its business with transparency, ethical standards, and sound governance.
Sansiri is dedicated to conducting its business with transparency, ethical standards, and sound governance. It is emphasised that the operations must not encroach upon the rights of individuals, legal entities, or stakeholders within relevant sectors. Consequently, we prioritise the establishment of a robust corporate governance framework and system. Moreover, Sansiri asserts that adherence to transparency, integrity, legal compliance, and social responsibility constitutes essential components for fostering competitive advantage and instilling confidence among both internal and external stakeholders. Additionally, Sansiri endeavours to serve as a role model for social advancement.
Sansiri is committed to implementing sound business practices and engaging with all stakeholders in a manner defined by fairness, transparency, and accountability across economic, social, and environmental dimensions. This commitment is crucial for promoting sustainable business value creation and fostering strong relationships with stakeholders based on honesty and integrity, as well as a commitment to addressing corruption in all aspects of the organisation.
Supporting the Sustainable Development Goals
SDGs 16
Goals and Performances
Management Approach
Sansiri is devoted to upholding the principles of effective corporate governance to enhance the Company’s operations through transparency and efficiency.
The Board of Directors is carefully selected and appointed based on their knowledge, capabilities, and relevant experience. This ensures the appropriate qualification of the Board in alignment with the Company’s corporate governance principles. Furthermore, Sansiri is committed to promoting Board diversity and maintaining a policy free from discrimination based on gender, race, or other differences.
The Company has established a Corporate Governance and Sustainability Committee responsible for overseeing and promoting sustainable operations. This encompasses the integration of sustainability management approaches across all business units and the establishment and review of policies and criteria to Corporate Governance Policy, Code of Conduct, and various guidelines in accordance with these principles. This framework establishes a corporate governance structure that emphasises transparency, checks and balances, and the disclosure of verifiable information. This policy is applicable at all levels of the organisation, from the Board of Directors and executives to employees, ensuring compliance with laws, regulations, and standards issued by relevant government agencies and regulatory bodies.
Sansiri has established a Corporate Governance and Code of Ethics Handbook, which provides essential guidelines for business operations and decision-making for directors, executives, and employees. This handbook serves as the foundation for best practices within the organisation, in accordance with the Corporate Governance and Business Ethics Policy. Additionally, Sansiri maintains an Internal Control system focused on managing internal work processes and evaluating compliance with the Code of Conduct across various units (Internal Audit) based on the Company's established criteria. Assessment results are reported to both the Audit Committee and the Corporate Governance and Sustainability Committee. The handbook and related policies are reviewed and updated annually to ensure that the implemented practices effectively prevent recurrence and remain relevant to current circumstances.
For further details regarding the corporate governance structure, please refer to the Annual Report (One Report 56-1)
Form 56-1 One Report
Remuneration Determination Process
Sansiri determines the remuneration of the senior executives based on their expertise, responsibilities, performance, and alignment with the Company’s goals, while also benchmarking against industry practices. The remuneration structure includes both monetary and non-monetary compensation to promote long-term value creation. This policy applies to directors and senior executives, is subject to regular review, and necessitates approval by the Nomination and Remuneration Committee. The principles and rationale for determining remuneration are disclosed in the 56-1 Annual Report.
Key Performances
Sansiri implements an annual internal anti-corruption training program for all directors, executives, and employees through online learning.
This program includes a post-training knowledge assessment that must be completed according to criteria established by the company. In 2025, the course entitled "Building Transparency Towards Sustainability" achieved 100% participation from both the board of directors and the executives and employees.
Relevant Stakeholders
Investors and Shareholder
