Thai Oil Receives CAC Certification for 4th Time, Promoted to 3-Star CAC Change Agent

Thai Oil, a leading oil and petrochemical company in Thailand, has successfully obtained its fourth Certificate of Anti-Corruption (CAC) certification. Furthermore, the company has been promoted to a 3-star CAC Change Agent in recognition of its achievements in promoting anti-corruption activities. The CAC certification is awarded by the Thailand's Private Sector Collective Action Against Corruption (CAC), an organization that promotes anti-corruption initiatives within Thailand's private sector. This certification signifies that a company has voluntarily established and implemented anti-corruption policies, demonstrating transparent and ethical business operations. Thai Oil's fourth consecutive certification highlights its sustained, strong commitment to anti-corruption efforts and its continuous improvement in these practices over many years. The promotion to a 3-star CAC Change Agent indicates that Thai Oil is not only strengthening its own anti-corruption framework but also actively contributing to fostering an anti-corruption culture across the industry. This typically involves activities such as setting an example for other companies and sharing best practices. These achievements underscore Thai Oil's high standards in corporate governance and its strong commitment to sustainable business operations. For international investors and business partners, such a focus on transparency and ethics enhances credibility and is a crucial factor in building long-term relationships.