GC Signs Refinery-Group Declaration to Strengthen Governance and Transparency
- GC, represented by COO Phornsak Mongkoltirat, signed the Refinery Group's Declaration of Intent on governance and transparency in the Thai energy sector.
- Six petroleum refineries under the Federation of Thai Industries joined the declaration.
- Attendees included the Anti-Corruption Organization (Thailand), Federation of Thai Industries, Thai Chamber of Commerce, Board of Trade of Thailand, Thai Bankers' Association, Stock Exchange of Thailand and Thai Institute of Directors Association.
Signing
GC, represented by Phornsak Mongkoltirat (COO, Operations Excellence Group), signed the “Declaration of Intent of the Refinery Group on Governance for Transparency in the Thai Energy Sector” with senior executives from six petroleum refineries.
Commitments
The declaration affirms commitments to good governance, transparency and zero tolerance for corruption, and states GC will not support business that violates laws, lacks transparency or undermines national confidence and energy security.
Participants
Attending organizations included the Anti-Corruption Organization (Thailand), Federation of Thai Industries, Thai Chamber of Commerce, Board of Trade of Thailand, Thai Bankers’ Association, Stock Exchange of Thailand and Thai Institute of Directors Association.
Objective
The joint declaration aims to raise governance standards across the refinery sector and reaffirm participants’ focus on national and public interests.
Source: GC
