Annual Corporate Governance Report
Belle Corporation (the “Company”) acknowledges the significant role of good governance in the operations of its businesses, increasing shareholder value and sustaining growth. The Company remains fully committed to doing business in accordance with long held values and ethical standards that have been the foundation for its growth and success. The Company’s platform of governance remains rooted in its Manual on Corporate Governance and Code of Ethics, which adhere to the principles of fairness, accountability and transparency. The Company promotes these principles to everyone in the organization and to all of its stakeholders and continues to keep pace with the global corporate governance best practices under the guidance of its Board of Directors (the “Board”).
Furthermore, as a listed company in the Philippine Stock Exchange, BEL is committed to go beyond our national legislative requirements. The Company benchmarks its corporate governance efforts against international best practices. Our latest ASEAN Corporate Governance Scorecard indicates the good governance practices that are in place and the areas we can improve on.