ASEAN Corporate Governance Scorecard
CORPORATE GOVERNANCE > ASEAN Corporate Governance Scorecard
Introduced in 2011 by the Association of South East Asian Nations (“ASEAN”) Capital Markets Forum (“ACMF”), the ASEAN Corporate Governance Scorecard aims to raise the corporate governance standards and practices of publicly-listed companies (“PLCs”) in the ASEAN. It is a key component of the Strategic Objectives of ACMF Vision 2025:
- To enhance and facilitate better pan-ASEAN connectivity to realize the growing potential of its capital markets;
- To promote and sustain the inclusiveness of capital markets within the region; and
- To strengthen and maintain the orderliness and resilience of ASEAN capital markets.
The ACGS employs a rigorous assessment methodology based on publicly-available information and benchmarked against international best practices on corporate governance. It ranks the PLCs of six ASEAN member countries: Indonesia, Malaysia, Philippines, Singapore, Thailand, and Vietnam.
Since 2011, the Company has consistently ranked high In the ACGS. In line with its commitment to the highest standards of corporate governance, the Company continues to take steps to improve its governance practices and contribute to the promotion of the ASEAN region as a preferred asset class based on corporate governance.
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