LSP has implemented a practiced code of conduct known as the “LSP Code of Conduct” in accordance with good corporate governance principles to ensure that employees at all levels perform in an appropriate, transparent, and accountable manner.

We utilize ethics tests as part of our proactive and preventive system to assess and develop an understanding of ethical practices among employees at all levels. Administered on a yearly basis, Ethics e-Testing and e-Policy e-Testing are aimed at enabling employees to correctly apply LSP business philosophy, the code of conduct, and the anti-corruption policy and produce tangible outcomes. In 2023, the Ethics e-Testing and e-Policy e-Testing were conducted for the 7 and 5 consecutive year respectively.

The “LSP Code of Conduct” was established for supplier to follow as a shared standard. Conducted a self-assessment annually on corruption risks for executives and operational level employees in the sales, procurement, coordination with government agencies, and community relations departments, as a tool for continual development and improvement.