MFEC Public Company Limited (MFEC) has been elevated to the status of a CAC Change Agent by the Thai Private Sector Collective Action Against Corruption (CAC).
This achievement reflects the company’s strong commitment to conducting business with ethics, transparency, and accountability, as well as its continuous efforts to promote good corporate governance throughout its business ecosystem.
What Is a CAC Change Agent?
Receiving this status demonstrates that MFEC has a robust corporate governance system and is ready to serve as a positive role model within the Thai business community.
MFEC’s Role in Driving Good Corporate Governance
MFEC operates under the ESG framework (Environmental, Social, and Governance), with a strong emphasis on Governance, which serves as a critical foundation for sustainable growth. The company has implemented several concrete initiatives, including
1.Establishing clear and actionable anti-corruption policies
2.Strengthening comprehensive risk management systems
3.Providing secure, transparent, and accessible whistleblowing channels
4.Continuously educating employees at all levels on ethics and corporate governance
The CAC Change Agent status confirms that MFEC’s commitment goes beyond policy statements—it is consistently and systematically put into practice.
Extending Transparency Across the Business Partner Network
MFEC believes that sustainable business requires collaboration across all sectors, including the supply chain. As such, the company actively promotes good governance practices within its business network through the following actions :
- Supporting business partners in developing transparency-related policies
- Sharing best practices to foster mutual understanding
- Promoting traceability in procurement and sourcing processes
- Co-creating a reliable and auditable business ecosystem in all dimensions
These efforts reflect MFEC’s role as a Change Agent, driving responsible and ethical growth across Thailand’s business sector.
MFEC remains committed to being a values-driven technology organization, continuously expanding and deepening its ESG initiatives across policy development, implementation, and communication. The company is dedicated to embedding transparency, integrity, and accountability into its organizational culture to support sustainable growth and contribute to a better future for the Thai business community.
