In the pursuit of the Company’s thrust to continuously improve awareness of best practices in the conduct of its business and operations especially in corporate governance across the organization, including dealings with its business partners and customers, Manila Water constantly updates its website, www.manilawater.com, with a section dedicated to corporate governance. The Corporate Governance section of the website contains all disclosures made by the Company to the PSE and SEC, as well as its Manual, the Code, the Charters of the Board and its Committees, the various corporate governance policies and other matters and information of relevance to the stockholders and all stakeholders. The Company discloses its corporate governance practices, corporate events calendar, and other material information on its website in a timely manner.
The website also has a dedicated Investor Relations section that houses all information that may be required by the investors, shareholders and stakeholders. The site has been enhanced to be user-friendly and is accessible to the public at all times.
CORPORATE GOVERNANCE RECOGNITION AND AWARDS
The Company’s commitment to uphold the highest standards of good corporate governance has again been confirmed and recognized through the prestigious awards it has received in 2015. Manila Water made it to the inaugural list of the Association of Southeast Asian Nations (ASEAN) top 50 publicly listed companies (PLCs) in the region in recognition of the Company’s remarkable efforts in practicing good governance. The top 50 companies, including the Company, were acknowledged during the first ASEAN Corporate Governance Awards held last November 14, 2015.
Manila Water’s Chief Finance Officer and Treasurer, Luis Juan B. Oreta, was given the honor as the 2015 ING FINEX CFO of the Year in an awarding ceremony held on November 25, 2015.
CORPORATE GOVERNANCE CAMPAIGN
Instilling awareness of the Company’s corporate governance practices among its stakeholders is a key initiative of the Compliance Officer in close coordination with the Office of the Corporate Secretary, the Legal and Corporate Governance Division, and the Audit and Governance Committee. This is achieved by conducting corporate governance orientations and by communicating the corporate governance practices of the Company through the Company website, annual reports, seminars and other literature. Furthermore, Manila Water offers various trainings, programs and workshops for its directors, officers, employees, and contractors and vendors in order to instill good corporate practices.