True is committed to conducting our business in a credible, responsible, transparent, and auditable manner, emphasizing sustainability. The Board of Directors upholds governance principles within the framework of Good Corporate Governance, emphasizing ethical practices and fair treatment of stakeholders.
Corporate governance systems ensure that a company is managed in the interests of shareholders, including minority shareholders. On the one hand this includes checks and balances that enable the Board of Directors to have appropriate control and oversight responsibilities. On the other hand, management incentives must be set in such a way that management interests are aligned with shareholders’ interests.
True CODE OF CONDUCT
In the fast-paced business landscape, integrity acts as our north star, guiding us through the toughest decisions and ensuring that honesty and trust remain the foundation of our culture. True believes that the level of honesty and integrity within an organization is a clear indicator of sustainable growth.
True has the Code of Conduct in conducting business, guiding our employees to operate responsibly and in compliance with organizational goals, policies, and the requirements of laws, regulations, and standards, both nationally and internationally.
ANTI-CORRUPTION MANAGEMENT
True is committed to combating corruption in all its forms. The Company’s Code of Conduct and Anti–Corruption Policy has been developed and disclosed on the Company’s website. True requires employees to engage with the Company in order to become a corruption-free organization as embodied in TRUE’s core value C-CREDIBLITY by constantly adhering to and supporting the anti-corruption policy.
The Company has Zero Tolerance for Corruption and is committed to working against Corruption in all forms, maintaining the highest possible ethical standards and complying with all applicable anti-corruption laws.
ENTERPRISE RISK MANAGEMENT
True is committed to implementing effective risk management practices, encompassing the promotion of a culture, processes, and structures that enable the identification, assessment, and management of both opportunities and potential impacts.
The Company has adopted the COSO 2017 Enterprise Risk Management – Integrating with Strategy and Performance and the ISO 31000 – Risk Management as a corporate framework of risk management.