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3 PTT Refineries Pledge Anti-Corruption, Champion Fair Energy

3 PTT Refineries Pledge Anti-Corruption, Champion Fair Energy

Khaosod•Economy•1d ago

Reader Briefing

Three PTT Group refineries have publicly pledged to combat corruption and advocate for a fair, transparent, and accountable energy system in Thailand.

  • •Three PTT Group refineries have signed a declaration against corruption.
  • •The initiative aims to support a fair, transparent, and auditable Thai energy system.
  • •Several prominent organizations, including the Oil Refinery Industry Club, joined the event.

Overview

  • •The 3 PTT Group refineries jointly signed a declaration of intent against corruption in all its forms, in order to support a fair, transparent, and auditable Thai energy system.
  • •High-level executives from the Oil Refinery Industry Club under the Federation of Thai Industries, representing 6 refineries, participated in the event.
  • •The event was also attended by organizations focused on good governance and the business sector, including the Anti-Corruption Organization (Thailand), Federation of Thai Industries, Thai Chamber of Commerce, Thai Bankers' Association, and Thailand Stock Exchange.
  • •PTT Group has consistently operated under good corporate governance principles, not supporting business practices that violate laws, lack transparency, or affect energy confidence and security.
  • •The joint declaration with the refinery group was made to collectively elevate good governance standards.
  • •The PTT Group reiterated its commitment to business operations that prioritize the benefit of the nation and its people.

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Key Entities

Organization

3 PTT Group Refineries(3 โรงกลั่นกลุ่ม ปตท.)
A group of three refineries under the PTT conglomerate that have publicly pledged to combat corruption and support fair energy practices.
PTT(ปตท.)ℹ️
A Thai state-owned oil and gas company that operates refineries and is involved in the energy sector.
Federation of Thai Industries(สภาอุตสาหกรรมแห่งประเทศไทย)ℹ️
A major industrial organization in Thailand that includes the Oil Refinery Industry Club.
Oil Refinery Industry Club(กลุ่มอุตสาหกรรมโรงกลั่นน้ำมันปิโตรเลียม)
An industry club under the Federation of Thai Industries representing petroleum refineries.
Anti-Corruption Organization (Thailand)(องค์กรต่อต้านคอร์รัปชัน (ประเทศไทย))
An organization in Thailand dedicated to combating corruption.
Thai Chamber of Commerce and Board of Trade of Thailand(หอการค้าไทยและสภาหอการค้าแห่งประเทศไทย)
A prominent business association representing chambers of commerce in Thailand.
Thai Bankers' Association(สมาคมธนาคารไทย)
An association representing banks in Thailand.
Stock Exchange of Thailand(ตลาดหลักทรัพย์แห่งประเทศไทย)ℹ️
The stock exchange of Thailand, a key financial market entity.
Thai Institute of Directors Association(สมาคมส่งเสริมสถาบันกรรมการบริษัทไทย)
An association focused on promoting good corporate governance for company directors in Thailand.