The purpose of this policy is to support the Boards of the companies of UPG Group of Companies to effectively identify, disclose and manage any actual, potential or perceived conflicts of interest in order to protect the integrity and interest of the UPG Group of Companies.
The policy aims to ensure that all Board members covered under this policy are aware of their obligation to disclose any conflicts of interest that they may have and to comply with this policy to ensure they effectively manage those conflicts. By adhering to this policy, UPG aims to:
This policy applies to all members of the board of directors and the executive officers of the UPG Group of Companies, including the holding company, United Paints Group Co., Ltd.
The term ‘company’ hereinafter refer to any such company individually that has covered by this Conflict of Interest Policy.
The boards of the companies of UPG Group of Companies are responsible for managing all conflicts of interests in accordance with the following laws and guidelines in Myanmar, in addition to this policy:
A conflict of interest occurs when a person’s personal interests conflict with their responsibility to act in the best interests of the organization. Personal interests include direct interests, as well as those of his/ her immediately family.
A conflict of interest may be actual, potential or perceived and may be financial or non-financial.
Conflicts of interest are common and do not necessarily present a problem to the companies as long as they are openly and effectively managed. It is the policy of the UPG Group of Companies, as well as a responsibility of all boards, that ethical, legal, financial or other conflicts of interest be avoided and that any such conflicts (where they do arise) do not conflict with the obligations to the organizations.
UPG will manage conflicts of interest by requiring all Board members to:
The Boards of the companies of UPG Group of Companies are responsible for:
Once an actual, potential or perceived conflict of interest is identified by a member of the Board, it must be promptly reported to the Board. When a member of the Board discloses an actual, potential or perceived conflict of interest to the Board, it must be recorded in the respective Board’s Conflicts of Interest Register, as well as being raised with the Board.
A member of the Board of Directors shall not take part in any discussion or decision-making regarding any subject or transaction in which he has a conflict of interest with the Company. The Director concerned shall immediately report to the Chairman or respective Managing Director any conflict of interest or potential conflict of interest and shall provide all relevant information, including information concerning his or her spouse, and immediately family. When a conflict arises in the context of a purported transaction between the director and the company, the Board Secretary or a designated Director shall record this declaration in the relevant Board meeting minutes.
In such a case, the other Board members present shall consider whether it is appropriate for the conflicted Board member to take part in the discussion of that item of business before the Board, after giving full consideration to whether the conflict may otherwise compromise the member’s objectivity and/or ability to properly fulfil his/her duties to the Company. If they decide that it is not appropriate, they may require the Board member to leave the meeting room during the discussions. The Board member shall not attempt to exert his or her personal influence with respect to the matter, either at or outside the meeting. The Board member will not be permitted to vote on the relevant resolution.
In the event that it is not entirely clear whether a conflict of interest exists, the Board member with the potential conflict shall disclose the circumstances to the Chairman or, if designated by the Chairman, Vice-Chairman, or respective Managing Director, who shall determine whether full Board discussion is warranted or whether there exists a conflict of interest that is subject to this policy.
Upon taking office, a Board member shall be required to disclose to the company all interests and relationships which could or might be seen to affect his ability to perform his or her duties as a Board member. Any such interests declared shall be recorded by the Board Secretary or the designated director. The Board members shall disclose any relevant directorships, employment or significant interests of family members which might give rise to a real or perceived conflict. Each Board member shall inform the company when there are changes to his/ her interests, and shall complete Conflicts of Interest Disclosure Form annually that specifically lists his or her interests. The Board Secretary or the designated Director may request Board members to review the form annually for accuracy and completeness.
Accepting gifts or other favors from individuals or entities can also result in a conflict or duality of interest when the party providing the gift/ favor does so under circumstances where it might be inferred that such action was intended to influence or possibly would influence the Board member in the performance of his/ her duties. This does not preclude the acceptance of items of nominal or insignificant value or entertainment of nominal or insignificant value which are not related to any particular transaction or activity of the company.
If a Board has a reason to believe that a Board member subject to the policy has failed to comply with it, it will investigate the circumstances.
If it is found that this Board member has failed to disclose a conflict of interest, the board may take action against them by the resolution of the Board.
This policy shall be reviewed, updated, and approved annually by the Board of United Paints Group Co., Ltd. (UPG).
The purpose of this policy is to support the Boards of the companies of UPG Group of Companies in identifying, disclosing and managing related party transactions to ensure transparency and fairness, thereby safeguarding the integrity and interest of the UPG Group of Companies.
The policy aims to ensure that all Board members and relevant stakeholders are aware of their obligations to any related party transactions and to comply with this policy to ensure transparency and fairness, By adhering this policy, UPG aims to:
This policy applies to all members of the board of directors and the executive officers of the UPG Group of Companies, including those of the holding company, United Paints Group Co., Ltd. (UPG).
The term ‘company’ hereinafter refer to any such company individually that has covered by this Related Party Transaction Policy.
The boards of the companies of UPG Group of Companies and the executive officers are responsible for managing all related party transactions in accordance with the following laws and guidelines in Myanmar, in addition to this policy:
For the purpose of this policy, UPG Group of Companies will adopt the following as falling under the definition of ‘related party’:
‘Related Party Transactions’ means a transfer of resources, loans, services or obligations between a reporting entity and a related party, regardless of whether a price is charged.
Board members and executive officers will disclose to the respective Board, through the Board Secretary or designated Director, details of all their other directorships, employment relationships, and any shareholdings owned by them or members of their family. Any changes to these notifications must be communicated promptly to the respective Board through the Board secretary or the designated Director.
It is the responsibility of each director and executive officer to promptly notify the Board, through the Board secretary or the designated Director, of any proposed related party transaction as soon as they become aware of it.
Conflicted Board members and executive officers will not participate in discussions on transactions in which they are a conflicted party and will abstain from voting on such issues.
The respective Board will decide whether or not to approve the related party transaction involving a director or executive officer in the absence of the conflicted director or executive officer.
When reviewing a related party transaction, the Board shall explore issues such as the following:
In the event that the company becomes aware of a related party transaction which has not been approved prior to its commencement, the matter will be reviewed by the Board of Directors. The Board will consider the facts and circumstances regarding the transaction, and will evaluate the available options, including approval, revision or termination of the transaction.
The company management shall provide, at a minimum, , a quarterly report to the Board including:
The company will maintain a Related Party Transaction Register of all related parties, including their interests and any associated transactions. The Register will contain key details such as the name of the related party, the person or entity to whom the party is related, the nature of this relationship, a brief description of any related party transactions where they occur, and relevant decisions taken on these transactions. Any party involved in transactions being initiated with the company will be cross-checked with the Register to ascertain whether or not they are related parties.
The Board Secretary or designated Director of the respective company will be responsible for maintaining the Related Party Transaction Register and ensuring that it is updated as soon as new information arises. However, directors and executive officers of the company will be responsible for immediately notifying the Board, through the Board Secretary or designated Director, of their interests and related party transactions as well as those of their family members. Related businesses will also notify the Board, through the Board Secretary or designated Director, of their interests and related party transactions and ensure the declaration of relevant Directors and executive officers of the related businesses.
The Board Secretary or designated Directors of the respective company will conduct a detailed annual review of the Related Party Transaction Register. For the purpose of this annual review, each Director and executive officers will be required to fill out, on attainment of his/ her respective position, a detailed RPT Disclosure Form declaring all relevant interests. During the annual review, the Board Secretary or the designated Director will share these filled-out forms again with each related party who will update the information in the form. The Board Secretary or the designated Director will inform the Board of key updates to the Register.
The Board Secretary or designated Director of the respective company will be responsible for maintaining the Related Party Register and ensuring that it is updated as soon as new information arises. However, Directors and executive officers of the company will be responsible for immediately notifying the Board, through the Board secretary or the respective Director of their interests and related party transactions as well as those of their family members.
The Boards of the companies of the UPG Group of Companies are responsible for establishing strong internal controls to monitor the implementation of the policy. The Board Secretary or the designated of the respective company will monitor, audit and verify the adequacy of the processes for identifying, managing and reporting related party transactions.
This policy shall be reviewed, updated, and approved annually by the Board of United Paints Group Co., Ltd. (UPG).
The Speak Up Policy encourages internal stakeholders to raise concerns or speak up confidently about wrongdoing or any misconduct by personnel working directly for or on behalf of UPG Paint Coating Co., Ltd. (UPG P&C). The policy details processes and procedures for raising concerns or speaking up through different reporting channels, protecting reporting persons and how the company investigates allegations.
UPG P&C is committed to upholding the principles of business integrity, honesty, accountability, and responsibility.
The objectives of this policy are to:
This policy applies to the following internal stakeholders within the UPG Paint & Coating Co., Ltd.
Speaking up means reporting one’s concerns about unethical behaviors and reportable wrongdoings of the company’s internal stakeholders to the responsible units or individuals of the company.
At UPG Paint & Coating Co., Ltd., we encourage you to report any concerns you may have about unethical behaviors and reportable wrongdoings promptly. In reporting a concern, a reporting person must do so on reasonable grounds. This means:
At UPG P&C, we consider that any violation of our Code of Conduct or policies is a wrongdoing. You may speak up about potential or actual wrongdoing. Examples of wrongdoings may include, but are not limited to, the following:
The following internal stakeholders are protected by the Speak Up Policy when raising their concerns or speaking up about wrongdoings:
To raise a concern, you may contact the Compliance Committee for Code of Conduct or a senior manager above your immediate supervisor to speak up about wrongdoings. At UPG P&C, we provide different reporting interfaces, such as e-mail, Viber, SMS, physical letter, and in-person reporting. Each reporting channel ensures the confidentiality of the reporting person. Any concerns, reports, and information received through these channels will be treated confidentially.
If you are comfortable raising your concern through an e-mail, you may directly make a report to ‘compliance.committee@upgpaint.com’ using the form template provided in the annex section. When raising a concern or speaking up about wrongdoings, we encourage you to provide as much information as possible for the Compliance Committee for Code of Conduct to evaluate the report and, if necessary, conduct an investigation afterward.
We also acknowledge anonymous reporting as long as the evaluation of the reports shows that the reporting person raises a concern on reasonable grounds and provides as much detailed information as possible (see the below).
Information from anonymous sources will be assessed and may lead to an investigation. However, anonymous allegations are often more difficult to pursue as there may be no way for the investigation team to clarify the information provided or to ask questions. If you choose to remain anonymous, please provide as much detail as possible and consider providing some means to contact you if further information or clarification is needed. For instance, consider providing us with a free social media address with an assumed name or alias that will allow you to retain your anonymity.
At UPG P&C, we protect reporting persons from any form of retaliation. The policy to protect reporting persons shall apply to all internal stakeholders of the company and personnel handling the reports and participating in an investigation. We provide the following protection to the reporting persons upon speaking up about a concern:
The reporting person is also responsible for safeguarding the confidentiality of the information reported, such as the name of the alleged personnel. The reporting person must not be involved in investigating the reported issue and should not engage with the alleged party to obtain more information.
We have a zero-tolerance approach to any form of retaliation against reporting persons who raise concerns on reasonable grounds. Retaliation takes many different forms, but here is a non-exhaustive list we consider to be a form of retaliation: lay-off, dismissal, suspension, demotion or withholding of promotion, transfer of duties, change of location of the place of work, reduction in wages, change in working hours, withholding of training, reprimand or other penalties, harassment, discrimination, unfair treatment, early termination. If you witness or face retaliation, we encourage you to file a complaint against retaliation. Any person filing a complaint against retaliation is encouraged to make the complaint in a written form to document it.
Any person found to have made in bad faith malicious allegations or retaliated against another for raising concerns, handling reports or participating in an investigation will face disciplinary action. It may include termination of employment for UPG P&C’s employees and termination of the engagement or contractual arrangements or other appropriate action in case of third parties.
The company investigates reports according to the procedures of this policy. Generally, the following procedures apply to each report: initial assessment, investigation or fact-finding, making decisions, closing the case, reporting and following up. Throughout the process, we ensure the confidentiality of the reporting person.
The Compliance Committee for Code of Conduct records, documents, and keeps all the reports confidential, and the company ensures that no one has access to them except authorized persons. The reports and information will not be disclosed without the individual’s consent. However, the company may reveal the reporting information on a need-to-know basis, such as the reporting persons’ identity, under certain circumstances, such as when:
Before disclosing such information, the concerned individual must be consulted.
For any questions concerning the policy, you can contact UPG Paint & Coating Co., Ltd.’s Compliance Committee for Code of Conduct.
The purpose of this policy is to provide a framework for the UPG Paint & Coating Co., Ltd. (UPG P&C) to fulfil its corporate social responsibilities, in alignment with its core values and corporate governance practices.
This policy aims to guide the Board and the employees of UPG Paint & Coating Co., Ltd. (UPG P&C) in developing, implementing, reviewing CSR projects and activities that contribute positively to society while supporting the company’s long-term success and sustainability.
This policy applies to the Board, CSR Task Force, corporate volunteers, and all employees of UPG Paint & Coating Co., Ltd. (UPG P&C).
Stakeholder is a person, group or organization that has interest or concern in an organization. Stakeholders can affect or be affected by the organization’s actions, objectives and policies.
The following are the UPG P&C’s stakeholders.
(1) Internal Stakeholders
Shareholders, employees, business partners
(2) External Stakeholders
All types of dealers, customers, suppliers, community, environment and the government
“Corporate Social Responsibility (CSR) is the continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large.”
World Business Council for Sustainable Development (WBCSD), Geneva, Switzerland
This policy should be implemented in alignment with the principles, policies and practices of the following:
(1) United Nations Global Compact (UNGC)
(2) UPG Conflict of Interest Policy
(3) UPG Related Party Transaction Policy
(4) UPG Code of Conduct
(5) Integrated Management System (IMS) of the company
(6) Responsible Care Management System (RCMS) of the company
The company’s CSR commitments aim to align the expectations of the stakeholders with the interest of the company. The following areas are the company’s priorities and establishes the CSR commitments as follows.
The company’s CSR Task Force will be primarily responsible for the implementation of the company’s CSR commitments.
Corporate volunteers are employees who participate in the company’s CSR projects and activities.
The company will allocate funds to its CSR projects and activities by setting aside 100 MMK for every liter of the PREMIER Brand Family sold.
Please refer to Annexure (1).
The Company Audit Team will conduct both scheduled and random audits of the CSR Taskforce, as well as CSR projects and activities.
This policy shall be reviewed, updated, and approved regularly by the Board of UPG Paint and Coating Co., Ltd. (UPG P&C).
The followings are our core values which will guide our decision-making processes in the implementation of the company policy.
Quality means the quality of our products and services. In our company, quality will be the foundation of everything. We will always strive for outstanding standard of quality.
Sustainability means responsibility for environment, our stakeholders and the society as a whole. Sustainability will be a part of our company policy, business strategy, and regular objectives & targets.
Creativity means both creativity and innovation of ideas. We recognize that the continual improvement needs new ideas. We will embrace new ideas, curiosity and change.
Prosperity means our growth. It also means the resources for our competitive advantage, and wellbeing of the company’s shareholders. We are working towards higher competitiveness and common growth of the company’s shareholders.
At UPG, our values and principles shape the way we conduct our business. We prioritize integrity, fairness, and safe and inclusive workplace, therefore:
The UPG Code of Conduct is designed to help you understand UPG’s commitment to uphold the highest ethical and legal standards in business operations, and to guide you in doing the “right” thing. Although this Code of Conduct does not cover every law or ethical standard for every situation you may face, it outlines many of the legal and ethical requirements we all must follow.
If you identify a situation that is not addressed in this Code of Conduct, which may affect UPG’s ethics and reputation, please do share your feedback with our Compliance Committee for Code of Conduct. Your input will assist us in improving this Code.
This Code of Conduct applies to the following individuals within the UPG Group of Company:
We expect you to read and understand this Code of Conduct thoroughly as it is your responsibility to:
Compliance with this Code of Conduct and our ethical standards is vital to our business success and to safeguard our reputation and social license to operate.
Making a right decision is often challenging and requires good judgment and common sense. When faced with the uncertainty, asking yourself the following questions about the action you are considering.
If you are a director or manager, we expect you to:
The following are examples of matters that must be escalated or referred for further investigation. The list is not comprehensive:
Financial Matters
Employee-Related Matters
Product-Related Matters
If you have a concern regarding a compliance and ethics issue, you are required to make a report to any of the following resources:
UPG does not tolerate retaliation against any employee who speaks up and reports their concern in good faith. Reporters are protected from adverse action because of the report they made. UPG prohibits any form of retaliation against individuals who:
Reports are reviewed and analyzed by the Compliance Committee for Code of Conduct. If there is a legal or policy violation, then the person who is responsible is subject to appropriate discipline, up to and including termination of employment, forfeiture of benefits and civil and criminal prosecution.
The following will ensure the implementation of the UPG Code of Conduct in the day-today operations by all employees, officers and directors:
Any breach of the Code of Conduct may result in disciplinary action taken against the employee, officer or director.
UPG aims to offer a workplace environment to its employees that will foster their potential. Additionally, we value diversity and expect our workforce to reflect Myanmar’s diverse community.
Therefore, we maintain zero tolerance regarding:
When we recruit, hire, train, compensate, promote and provide other conditions of employment, we will use merit, qualifications and other job-related criteria for ensuring the fairness and the objectivity of our decisions.
UPG values the entire workforce of the UPG Group of Companies. Therefore, ensuring occupational health and safety is always one of our primary commitments. Every day, we expect that all the people working for and with us should go back home without suffering from any work-related accident.
First and foremost, we are committed to conducting our operations in compliance with the health & safety laws and regulations of Myanmar. Additionally, our flagship subsidiary, UPG P&C will adhere to the manuals, procedures, and guidelines of the company’s ISO 45001:2018 Occupational Health and Safety Management System (OHSMS) and Responsible Care Management System (RCMS).
At UPG, we expect our people to adhere to the following.
We are committed to full compliance with all applicable laws and regulations in Myanmar.
It is a criminal offence punishable by the Myanmar Anti-Corruption Law and UPG will strictly adhere to this law regarding corruption and bribery. We commit to refraining from giving or receiving bribes to and from any person, whether a public official or a private employee, to influence that person to act improperly.
UPG and its employee will not receive or offer gifts to business partners and external parties that exceed the limits specified in this Code of Conduct. We believe this practice helps prevent potential conflict of interest or any appearance thereof in current or future business dealings.
| Risk Areas | What we expect from our employees |
|---|---|
| Cash or cash equivalent | These are never acceptable. |
| Kickbacks | These are never acceptable. |
| Facilitating payment | We prohibit facilitation payments, which are payments made to expedite or secure the performance of routine governmental actions, by an official, political party or party official. |
| Rebates or special discounts | Suppliers should not offer discounts or special rates to our employees. |
| Political contributions | Political contributions made on behalf of UPG are prohibited. |
| Charitable donations | Anonymous donations on behalf of UPG and donations to individuals instead of organizations are prohibited. Donations must be made per the Myanmar laws and regulations, and identify the recipient, organization, purpose and reason for the contribution. Contributions should be recorded appropriately. |
| Gifts Certain entertainment Travel expenses | Suppliers should not offer Lavish entertainment and high-value gifts exceeding the limits specified in this Code of Conduct are never acceptable.Please see below for further details. |
Business gifts and entertainment on a modest scale are often used to build goodwill and strengthen working relationships among business associates. Providing or accepting occasional meals, small company mementoes and attending sporting and cultural events may be appropriate in certain circumstances.
Gifts should not be a means to get preferential treatment or to influence our customers. When they are given or received, gifts must be:
Employee may receive gifts from suppliers, customers or other persons with whom UPG is or may doing business if the gift meets all the following criteria:
Employees may, from time to time, receive invitations from suppliers or other business partners to attend product launches, sporting events, cultural activities or other entertainment events. Such invitations may be considered appropriate if they comply with the following guidelines:
It is appropriate for our employees and business partners to conduct business during meal times or arrange business meals to exchange information and ideas. Employees should not schedule meetings during mealtimes solely to receive a ‘free’ meal.
However, occasional business meals may be appropriate if they adhere to the guidelines outlined above for business entertainment. Additionally, with internal authorization, employees may occasionally offer to pay for the meal for the supplier or business partner at UPG’s expense.
When conducting business that requires travel outside the town, employees may receive offers from suppliers or business partners to cover transportation, accommodation, and meals. Such offers may be considered appropriate if they adhere to the following guidelines:
Each employee must report all gifts, hospitality or expenses received from suppliers other business partners to their director. This report should include the following information: date of receipt, the recipient’s name, supplier or other business partner’s name, and a description of items received. Each head of department must maintain a complete record of gifts, hospitality, or expenses which will be subject to review by the respective internal audit team and UPG’s Audit & Risk Committee.
When dealing with public officials, we shall comply with the Guidelines issued by the Office of the President of Myanmar and effective from April 4, 2016.
The following table summarizes applicable conditions under certain circumstances.
| No | Amount (MMK) | Frequency | Reason |
|---|---|---|---|
| 1 | 25,000 | 4 times per annum | Any |
| 1 | 100,000 | 1 times per annum | Customary occasions (like Thadingyut, Christmas, or any other special occasion) |
All directors, managers, employees, and consultants of UPG are required to comply with the UPG Conflict of Interest Policy.
UPG expects that all individual’ actions and decisions will be made objectively and solely in the best interests of the company. They must be avoid any undue influence of personal or external business interests that could interfere with their commitment to the best interest of UPG. Without approval from the UPG Board of Directors, they must not place themselves in any situation where they have a direct or indirect interest or connection with external business activities that relate to any of UPG’s businesses.
Additionally, they are prohibited from competing with any UPG business, taking business opportunity that rightfully belongs to UPG, or using corporate property, information, or their position for personal gain.
Upon discovering a potential conflict of interest with UPG (preferably before the conflict arises), individual must report the the situation to the Corporate Governance Committee of UPG.
Examples of conflicts of interest:
These situations do not mean that UPG cannot deal with the supplier, buy the plot of land or enter into the joint venture. However, the relevant employee or director is required to declare his or her interest to their respective board of directors. Subsequently, that employee or director may then be restricted from participating in the specific transaction.
UPG is committed to complying with the Myanmar Competition Law and its Regulations, as well as with international standards for fair competition.
We will not enter into discussion to divide or allocate customers, suppliers, markets, territories or products with a competitor.
UPG relies on accurate information and reliable records to make responsible business decisions. These records serve as the basis for managing UPG’s operations, fulfilling UPG’s obligations to shareholders and stakeholders, and ensuring compliance with tax and financial reporting requirements.
All directors, managers, and employees are required to:
Individuals with concerns regarding questionable accounting or auditing practices, or detected, or suspected fraud, may make a report to the Chairman of the UPG’s Audit & Risk Committee and the Lead Auditor of the respective internal audit team. Such report may be made anonymously.
UPG provides you with various assets and applications (e.g., laptops, mobile devices, office supplies, tools, telephones, copiers, automobiles) to carry out the company business. You are responsible for the careful, efficient, and proper use of these assets and resources and must protect them against misuse, damage, theft, or other loss.
When using our ICT resources, all employees must remember that they are representing UPG. Every written, oral or electronic communication can enhance or damage UPG’s image. Our ICT resources must not be used for slanderous, libelous, obscene or distasteful communications.
Likewise, you may make limited personal use of UPG assets or applications if the use:
However, you may not use UPG’s resources to carry out on any outside business.
UPG’s confidential and proprietary information provide us with advantages in our industry. Unauthorized disclosure or use of this information by others could result in financial loss or competitive herm to UPG. Confidential and proprietary information include any information that has not been disclosed to the general public.
If UPG’s confidential and proprietary information is disclosed and used by others, UPG could be exposed to financial loss or competitive harm. Confidential and proprietary information is information that has not been disclosed to the general public.
Common examples of confidential and proprietary information include business and manufacturing processes, trade secrets, financial information, corporate strategies, and information about relationships with our customers and suppliers. It is very important to our business that this information remains confidential. Unauthorized disclosure could negatively affect our competitive position, damage our relationships with suppliers, or expose us to legal consequences, for example, if we breach a non-disclosure agreement with a business partner.
You may have access to this kind of information in your role, and protecting it against unauthorized disclosure is part of your responsibility. To protect UPG’s confidential and proprietary information, people should:
People must be cautious and accurate in communicating with others in the course of Company business. It is sometimes easy to send out communications that may inadvertently contain inappropriate information or comments. Take time to prepare all documents and electronic communications thoughtfully and to review them thoroughly.
Follow these guidelines:
When you are using social media and internet:
We fully support the UN Guiding Principles on Business and Human Rights and the International Labour Organization’s Core Conventions.
We abide by the following principles:
We acknowledge that doing the right thing is sometimes hard, but we believe that acting ethically is the only way to develop our business responsibly. We are committed to developing a program to implement and support these principles, and to report on our progress, regularly and transparently.
We are committed to:
Environmental protection and conservation represent one of UPG’s primary policy commitments. We are committed to conducting our operations in compliance with the environmental-related laws and regulations in of Myanmar. Additionally, our flagship subsidiary, UPG P&C will adhere to the manuals, procedures, and guidelines of the company’s ISO 14001:2015 Environmental Management System (EMS) and Responsible Care Management System (RCMS).
At UPG, workplace etiquette and professionalism are foundational to our corporate culture. We believe that maintaining a respectful and professional workplace environment not only enhances employee morale and productivity but also reinforces our commitment to integrity and excellence.
The individuals are required to follow these courtesy and etiquette guidelines in the UPG premises:
Employees are required to comply with specific dress codes based on their job roles and workplace regulations. When not in uniform, the dressing should meet the following guidelines:
This Code of Conduct will be reviewed, updated and approved annually by the Board of Directors of United Paints Group Co., Ltd. (UPG).
As a leading paints & coatings manufacturer in Myanmar, UPG Paint & Coating Co., Ltd. produces and distributes a wide variety of paint products. The company management and all the line departments including Procurement, Research & Development, Production, Quality Assurance, Marketing & Sales have to stick to the company’s policies, procedures and work instructions directly or indirectly related to the product and service responsibility.
UPG P&C is one of the participants of the UN Global Compact (UNGC) and Myanmar Responsible Care Council (MRCC). The company has also been practicing the ISO 9001 Quality Management System, ISO 14001 Environmental Management System and ISO 45001 Occupational Health & Safety Management System, and respecting the Consumer Protection Law of Myanmar (2019) and the UN Guidelines for Consumer Protection 1999. Accordingly, all the company’s departments are responsible for the following issues, in terms of product responsibility.
UPG P&C affirms that the company will continually develop the highest possible standards of the product quality, reduce safety, health & environmental impacts arising out of the products, comply with the Consumer Protection Law of Myanmar (2019), and respect the consumer rights stated in the UN Guidelines for Consumer Protection 1999.
No. 237, Pyay Road, Shin Saw Pu Ward, Sanchaung Township, Yangon, Myanmar.
