MPI upholds the principle of integrity and practices ethical corporate governance by strictly adhering to laws and regulations while implementing robust governance mechanisms to safeguard shareholder rights.
In line with business needs and the nature of each business unit, MPI has established dedicated operational centers and management divisions to effectively execute its corporate strategies.
Through robust governance frameworks and effective supervisory mechanisms, we ensure sustainable operations, enhanced business performance, and progress toward long-term sustainability objectives.
Governance Framework
Sound corporate governance enables MPI to ensure business continuity and protect the maximum interests of shareholders. The Company adheres to domestic regulatory requirements and the COSO internal control framework, ensuring that every decision undergoes careful oversight.
Board of Directors
The Board of Directors is responsible for corporate governance and accountability to shareholders. To strengthen governance practices, MPI established the Compensation Committee in 2011 and the Audit Committee in 2020. These committees oversee matters related to executive remuneration and audit supervision.
ESG Committee
Established in 2022, the ESG Committee is responsible for implementing sustainability initiatives and reporting on stakeholder engagement outcomes. It also enhances the execution, performance monitoring, and governance tracking of MPI’s sustainability practices, ensuring that sustainability management is fully integrated across the organization.
Due Diligence
To fulfill its role as a responsible corporate citizen, MPI follows international standards and industry best practices for human rights protection and sustainability management. These efforts cover both employees and supply chain partners and include conducting labor and ethical risk assessments, managing conflict-of-interest declarations, performing supplier RBA (Responsible Business Alliance) audits, and establishing a whistleblower reporting mechanism.
Environmental and Occupational Safety Responsibilities
To reduce operational risks and minimize environmental impacts, MPI relies on the ESG Committee and the Occupational Safety and Health Committee, both led by senior executives, to jointly oversee the Company’s development in safety, environmental management, and energy efficiency. These efforts include ensuring compliance with relevant regulations, conducting occupational safety assessments and implementing risk management measures, performing greenhouse gas inventories and executing emission reduction plans, controlling air pollution and reducing hazardous substances, optimizing water resource utilization, and planning as well as developing green products. Through these initiatives, MPI fulfills its responsibility toward environmental sustainability and occupational health and safety.
Information Security and Privacy Protection
To establish an effective framework for information security and privacy protection, MPI obtained ISO 27001 Information Security Management System certification in 2015. Over the years, the Company has maintained robust management practices and pursued continuous improvement. Under the supervision of the Information Security Committee, MPI ensures the security of stakeholder data and the protection of employee privacy.
Transparency and Reporting
Each year, MPI discloses its corporate governance practices and sustainability performance in accordance with relevant regulations and international reporting standards. Information is published and regularly updated in the Sustainability Report, Annual Financial Report, the Market Observation Post System (MOPS), and on the official MPI website. By adopting a transparent reporting framework and providing clear data supported by measurable performance indicators, MPI enables stakeholders to gain a comprehensive understanding of its sustainability efforts and corporate governance achievements.
