RATCH Annual Report 2013 - page 57

Ratchaburi Electricity Generating Holding PCL.
57
encourages nationwide communities to protect
their own forest areas. By introducing community
forest project, communities are participating in
preserving the forest areas and sources of water
and food, while increasing the carbon dioxide
absorption capacity and reducing impact from the
global warming. At the same time, such projects
instill public awareness and responsibility towards
forest conservation. Community energy program
was also further expanded. Under this program,
the Company worked closely with Energy Office
in Ratchaburi province in educating communities
on the use and preservation of energy as well as
the correct understanding of the power plant’s
electricity generating activities. All the activities and
projects operated in the past year have enabled
the Company to expand its network of both public
and private sectors and reach wider group of
stakeholders, especially communities nationwide.
Such good relations has brought to the Company
higher trust in the Company and better corporate
reputation.
3) BuildingGoodRelationswithCommunities:
The Company has set a clear policy requiring
its power plants and their activities to live in harmony
with community under the “Good Neighbor”
policy, promoting caring, sharing and acceptance.
In building good relations with communities, the
Company regularly visits, listens to the opinions
and participates in activities organized by the
surrounding communities. The Company also
allows communities to monitor and learn more
about its power plant operations and activities.
The Company gives higher weight to complaints
and concerns of surrounding communities towards
its power plant operations. A systematic problem
solving process was established in order to find
the best possible solution in the shortest possible
time in order to create trust and confidence among
surrounding communities, which in the end result
in good corporate image and reputation.
6. Compliance Risks
The Company operates its business by
adhering strictly to the related rules, regulations
and laws and giving high importance to managing
environment quality in the communities around
its power plants in compliance with related laws
and requirements under the EIA reports and the
ISO 14001 standards. The Company constantly
supervises and encourages all power plants within
the group to closely and strictly monitor the
quality of the environment, from air, water, noise
and biodiversity. The Legal Division is assigned to
supervise the operations and ensure compliance
to the public company law and laws related
to business operations. The Legal Division also
participates in analyzing legal aspects in current
and future investment projects. The Compliance
Department, Office of Company Secretary is
assigned to oversee the Company’s operations
and ensure full compliance to the regulations set
by the Security and Exchange Commission (SEC)
and the Stock Exchange of Thailand (SET).
Investors can study Risk Factors in the
Form 56-1 as published on the Company’s website
(
and the Securities and Exchange
Commission’s website (
)
1...,47,48,49,50,51,52,53,54,55,56 58,59,60,61,62,63,64,65,66,67,...292
Powered by FlippingBook