​​Supplier Code of Conduct

Objective

KASIKORN ASSET MANAGEMENT CO., LTD. (KAsset) is committed to conducting business with transparency, integrity and compliance with regulatory requirements, good corporate governance principles and sustainable development guidelines. We have established this Supplier Code of Conduct as an operational guideline for our suppliers’ business undertaking in consistence with all applicable laws, the company’s Statements of Business Conduct and Code of Conduct as well as international best practices. KAsset encourages our suppliers to pursue transparent business operations, awareness of human rights, fair treatment of workers, compliance with safety, occupational health and environmental standards, and monitoring of action in accordance with this Supplier Code of Conduct.


Definition

Supplier refers to any entity selling goods, serving and/or providing services to KAsset.


Scope and Operational Guidelines

1. Business Ethics

  • Integrity
    Supplier shall conduct businesses with righteousness, integrity and transparency based on anti-corruption principles and in strict compliance with related laws and regulations.
  • Fairness
    Supplier shall respect competition rules and shall not use unfair practices to destroy competitors or create competitive advantages.
  • Confidentiality
    Supplier shall not disclose or use confidential information of KBank, customers and other suppliers for the benefits of itself without KBank’s consent, except actions required by laws.
  • Protection of Intellectual Property
    Supplier shall respect all intellectual property rights of KBank and other entities and shall prevent violation of such rights.
  • Social Responsibility
    Supplier shall behave as a good citizen, showing responsibility for society through efficient use of resources for the benefit of society and environmental conservation.

2. Human Rights and Labor

  • Fair Treatment
    Supplier shall respect human dignity and individual rights of employees without discrimination due to race, color, religion, gender, age, national origin, citizenship, sexual orientation, disability or any other matters.
  • Prevention of Forced Labor
    Supplier shall not use or support forced labor, including all types of harassment.
  • Labor Protection
    • Employment of children, pregnant women and foreign workers shall comply with related laws.
    • All processes of employment termination shall comply with labor law and unfair termination of employment shall be prohibited.
  • Working Hours
    Supplier shall secure that working hours are not longer than the period specified by applicable laws. All overtime work shall be voluntary. Supplier shall offer vacation time and leave periods not less than those stipulated by related laws.
  • Wages and Benefits
    Wages, overtime and holiday pay, and benefits shall be paid not less than those stipulated by related laws in a fair and timely manner.

3. Safety and Occupational Health(Safety and Occupational Health)

Supplier shall provide a safe and healthy working environment to ensure effective operations and compliance with related laws and regulations. Supplier shall also put in place necessary safety control processes and measures to prevent accidents and adverse health impacts.


4. Environment

  • Supplier shall comply with environmental laws, regulations and standards
  • Supplier shall conduct environmentally friendly business operations.
  • Supplier shall participate in environmental conservation through efficient and effective uses of natural resources.