JOLLIBEE Group has once again earned the esteemed 1-Golden Arrow Recognition at the Association of Southeast Asian Nations (Asean) Corporate Governance Scorecard (ACGS) Golden Arrow Awards, affirming the company’s commitment to responsible and transparent business practices.
Conducted by the Institute of Corporate Directors, this accolade specifically acknowledges Jollibee Group as one of the leading publicly listed companies in the Philippines in terms of corporate governance, evaluated through the ACGS.
Ernesto Tanmantiong, Jollibee Group president and CEO, emphasized the significance of this recognition, stating, “Being cited again by the Asean ACGS validates our unwavering dedication to integrity, accountability, and transparency in our organizational conduct. This commitment aligns seamlessly with our robust Environmental, Social, and Governance practices, as reflected in our Joy for Tomorrow Global Sustainability Agenda. Our business success is intricately connected with our ability to positively impact both society and the planet.”
As per ICD criteria, the Golden Arrow is bestowed upon companies achieving a score of at least eighty points in the ACGS Assessment, demonstrating observable adherence to the Philippine Code of Corporate Governance and internationally endorsed corporate governance practices.
