CPLI Achieves Gold-Level Recognition at "Toward Excellence: The Next Era of CG," Reinforcing Its Commitment to Corporate Governance Excellence
Ms. Pimonrat Reepattanavijitkul, President of CP Leadership Institute (CPLI)**, received the 2024 CG Achievement Award (Gold Level) from Mr. Suphachai Chearavanont, Chief Executive Officer of Charoen Pokphand Group (CP Group), at the Toward Excellence: The Next Era of CG conference. This prestigious recognition underscores CPLI’s steadfast commitment to corporate governance, transparency, and ESG-driven operations.
During his keynote address, Mr. Suphachai Chearavanont emphasized that corporate governance serves as a foundation for integrity, ethics, and mutual respect, but at its core, transparency is the driving force behind sustainability and transformation across all industries. He highlighted that governance extends beyond economic aspects to social and environmental dimensions, as evidenced by global sustainability indicators that place a strong emphasis on corporate governance.
"Transparency is the starting point for self-improvement. If organizations aspire to lead sustainable change, they must integrate innovation and technology into governance frameworks. Technologies like AI play a critical role in data collection and monitoring, enhancing operational efficiency and transparency," said Mr. Suphachai.
The Toward Excellence: The Next Era of CG conference brought together senior executives from CP Group and industry experts to discuss the future of corporate governance. The discussions reinforced the importance of embedding governance into every aspect of an organization, leveraging governance as a competitive advantage, and driving continuous improvement to mitigate risks and foster innovation.
Dr. Teerapol Thanomsakyuth, Chief Sustainability and Strategy Officer at CP Group, explained that governance is more than just a compliance requirement—it is a strategic enabler of sustainable growth CP Group's approach to governance is built on three key pillars:
- Integrating corporate governance into all business operations
- Utilizing governance as a competitive advantage
- Driving continuous improvements to enhance risk management and innovation
The success of these efforts is reflected in CP Group’s latest Ethisphere governance assessment, which reinforces that corporate governance and sustainability are intrinsically linked.
Ms. Piangpano Boonklum, Director of the Thai Institute of Directors (IOD), further emphasized that strong governance must start from within. She stated that organizations need a robust corporate governance DNA that extends beyond internal operations to influence subsidiaries and external stakeholders. Aligning governance practices across all business units is crucial for ensuring consistency and accountability. She also reiterated the importance of transparency, integrity, and timely disclosure, which are fundamental principles for board members and executives.
CPLI remains committed to CP Group’s six core values, particularly the "Three Benefits Principle," which prioritizes value creation for the nation, the people, and the company. The institute integrates ESG (Environmental, Social, and Governance) principles into its operations to build a strong foundation for both organizational and societal growth.
Receiving the 2024 CG Achievement Award (Gold Level) is not just a mark of success—it is a catalyst for further strengthening CPLI’s governance framework and reinforcing sustainable business practices.
As a global leader, CP Group believes that corporate governance is not merely a regulatory obligation but a strategic responsibility. Large corporations have the power and duty to set the benchmark for corporate governance, fostering a governance-driven culture that serves as a model for the broader business community.
CPLI extends its gratitude to CP Group and all stakeholders who contribute to advancing corporate governance standards. The institute remains committed to furthering governance excellence, fostering a transparent and accountable corporate culture, and shaping a future where governance and sustainability go hand in hand.
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