Amidst these unprecedented times, AC Energy Corporation adopted a resilient stance in its corporate governance system. Cognizant that stakeholder needs have drastically changed over the period, the company has been flexible in its approach in ensuring that stakeholder interests are fundamental considerations in the company’s oversight and decision processes, on top of compliance with requirements, standards, and best practices.
AC Energy affirms that adherence to good corporate governance principles is essential for the achievement of its strategic goals. The company believes in doing business with integrity and in full compliance with laws and regulations. At the core of our company are four corporate values: integrity, long-term vision, empowering leadership, and commitment to national development.
AC Energy’s Corporate Governance System is a combination of its clear organizational structure, guided by an active Board and its Committees, visionary management, strong core values and adequate policies and controls.
The company’s governance framework is constantly evolving to align with best practices and to satisfy the changing expectations of regulators, investors, and other stakeholders brought about by the move towards greater ASEAN integration. Through continuously evaluating and improving our governance structures, systems, and procedures, the company can ensure proper and adequate controls are in place to sustain the business.
AC Energy complies with the Code of Corporate Governance for Publicly- Listed Companies set forth by the Securities and Exchange Commission (SEC), supported by an attestation from the company’s Chief Executive Officer (CEO) and Chief Audit Executive (CAE) in 2020.
All reports shall be treated in confidence and the identity of the whistleblower will be protected.
The whistleblower shall be protected from all forms of retaliation.
To report any illegal act, wrongdoing, malpractice, risk
to the corporation, or any violation of company policy:
*All reports shall be treated in confidence and the identity of the whistleblower
will be protected. The whistleblower shall be protected from all forms of