Corporate Governance Card
2017
Standard
Notes
Link
1
Standard
Does the GOCC disclose a policy that:
Retrieving data. Wait a few seconds and try to cut or copy again.
Standard
Notes
Elaborates its efforts to interact with the communities in which they operate?
Standard
YES, it is part of NDC's corporate social responsibility to interact with the communities where it operates.
Notes
Ensure that its value chain is environmentally friendly or is consistent with promoting sustainable development?
Standard
Notes
2
Standard
Does the GOCC disclose the activities that it has undertaken to implement the abovementioned policies?
Customer health and safety
Standard
Notes
Interaction with the communities
Standard
Yes, It is part of NDC's corporate social responsibility to interact with the communities where it operates.
Notes
Environmentally-friendly value chain
Standard
Notes
3
Standard
Does the GOCC have a separate Corporate Social Responsibility (CSR) report/section or sustainability report/section?
Notes
YES
4
Standard
Where stakeholders interests are protected by law, stakeholders should have the opportunity to obtain effective redress for violation of their rights
Does the GOCC provide contact details via the company's website or Annual Report ' which stakeholders ( e.g. customers, suppliers, general public, etc.) can use to voice their concerns and/or complaints for possible violation of their rights?
Standard
Posted in the home page section, stakeholders may raise their concern through sending email to info@ndc.gov.ph
Notes
5
Standard
Performance-enhancing mechanisms for employee participation should be permitted to develop.
Does the GOCC explicitly mention the health, safety and welfare policy for its employees?
Standard
YES
Notes
Does the GOCC publish data relating to health, safety and welfare of its employees?
Standard
YES
Notes
Does the GOCC have training and development programmes for its employees?
Standard
See 2017 Summary of External Training Attended
Notes
Does the GOCC publish data on training and development programs for its employees?
Standard
YES
Notes
6
Standard
Stakeholders including individual employee and their representative bodies should be able to freely communicate their concerns about illegal or unethical practices to the board and their rights should not be compromised for doing this.
Does the GOCC have procedures for complaints by employees concerning illegal (including corruption) and unethical behavior?
Standard
See Section 5 of NDC's whistleblowing policy
Notes
Does the GOCC have procedures to protect an employee/person who reveals illegal/unethical behavior from retaliation?
Standard
See Section 10 of NDC's whistleblowing policy
Notes
7
Standard
Quality of the Annual Report. Does the GOCC's AR disclose the following items:
Corporate Objectives
Standard
Notes
Financial performance indicators
Standard
YES
Notes
Details of whistleblowing policy
Standard
YES
Notes
Biographical details (at least age, qualification, date of first appointment, relevant experiences and any other directorships of listed companies) of directors/commissioners
Standard
YES
Notes
Training and/or continuing education programme attended by each director/commissioner
Standard
YES
Notes
8
Standard
Is the Annual Report downloadable from the GOCC website?
Notes
Yes, annual reports are downloadable in the disclosures section of the website
9
Standard
Corporate Governance Confirmation Statement
Does the Annual Report contain a statement confirming the company's full compliance with the code of corporate governance and where there is non-compliance, identify and explain reasons for each such issue?
Standard
Notes
10
Standard
Timely filing/release of annual/financial reports
Are the audited annual financial report/statement released within 60 days upon receipt from COA?
Standard
Yes, annual financial reports/statements are posted in the Transparency Seal''section of the NDC website upon receipt by the Office of the General Manager.
Notes
Is the annual report released within 90 days from release of audited financial report?
Standard
YES
Notes
Is the true and fairness/fair presentation of the annual financial statement/reports affirmed by the board of directors/commissioners and/or the relevant officers of the company?
Standard
Yes, annual financial report is reviewed by the General Manager and Chairman of the Board of Directors.
Notes
11
Standard
Corporate Vision/Mission
Has the Board of Directors reviewed the vision and mission/strategy in the last financial year?
Standard
Notes
Does the Board of Directors monitor/oversee the implementation of the corporate strategy?
Standard
Notes
12
Standard
Code of ethics or conduct
Are the details of the code of ethics or conduct disclosed?
Standard
Notes
Does the GOCC disclose that all Directors/Commissioners, senior management and employees are required to comply with the code?
Standard
Notes
Does the company disclose how it implements and monitors compliance with the code of ethics or conduct?
Standard
Notes
13
Standard
Does the Board appoint a Nomination Compensation/Renumeration Committee?
Notes
YES
14
Standard
Does the Board appoint a Risk Management Committee?'If yes, is the report on Risk Management Committee publicly disclosed?
Notes
YES, however reports of the Risk Management are not publicly disclosed.
15
Standard
Did the Nomination Compensation/Remuneration Committee meet at least twice during the year?''If yes, is the report of the Nomination Compensation/Renumeration Committee publicly disclosed?
Notes
YES, however reports of the remuneration committee are not publicly disclosed.
16
Standard
Does the Board appoint an Audit Committee? If yes, is the report of the Audit Committee publicly disclosed?
Notes
YES, however reports of the audit committee are not publicly disclosed.
17
Standard
Does at least one member of the Audit Committee have an audit, accounting or finance background (qualification or experience)?
Notes
Yes, Secretary Carlos G. Dominguez, DOF
18
Standard
Did the Audit Committee meet at least four times during the year?
19
Standard
Does at least one member of the Risk Management Committee have a background in finance and investments?
Notes
Yes, Secretary Carlos G. Dominguez, DOF
20
Standard
Board meetings and attendance
Are the Board of Directors meetings scheduled at the beginning of the year? (end of Q1)
Standard
YES, see meeting attendance record for January and April 2017
Notes
Did the Board of Directors meet separately at least once during the year without the President/CEO present?
Standard
NO
Notes
Did the Board of Directors meet on at least 75% on their scheduled meetings?
Standard
YES,' see attendance records for 2017
Notes
Has each of the directors/commissioners attended at least 90% of all the board meetings held during the year?
Standard
Notes
Does the Board of Directors meet at least monthly?
Standard
NO, since most of the NDC Board of Directors are Ex-Officio.
Notes
21
Standard
Access to information
Does the GOCC have a policy that stipulates board papers for Board of Directors/Commissioners meetings be provided to the Board at least three (3) working days in advance of the board meeting?
Standard
It is NDC's policy that agenda folders containing the Materials for the board meeting are distributed to the Board Members at least 7 days before the Board Meeting.
Notes
Is the Board Secretary trained in legal, accountancy or company secretarial practices?
Standard
Yes,' NDC's Board Secretary is a lawyer. See resume of Board Secretary
Notes
22
Standard
Internal Audit
Does the company have a separate internal audit function?
Standard
Yes, the company has a Management Audit Officer that works as an internal audit function.
Notes
Does the appointment and removal of the internal auditor require the approval of the Audit Committee?
Standard
Notes
23
Standard
Risk Oversight
Does the company disclose the internal control procedures/risk management systems it has in place?
Standard
YES
Notes
Does the Annual Report disclose that the board of Directors/Commissioners have conducted a review of the company's material controls (including operational, financial and compliance controls) and risk management systems?
Standard
Notes
Does the company disclose how key risks are managed?
Standard
YES
Notes
Does the Annual Report contain a statement from the Board of Directors or Audit Committee commenting on the adequacy of the GOCC's internal controls/risk management systems?
Standard
Notes
24
Standard
Board Chairman
Do different persons assume the roles of Chairman and CEO?
Standard
YES, the chairman is Sec. Ramon Lopez while Ms. Ma. Lourdes F. Rebueno is the CEO(General Manager)
Notes
25
Standard
Board of Directors Development
Does the GOCC have orientation programmes for new Directors?
Standard
Notes
Does the GOCC have a policy that encourages Directors/Commissioners to attend on-going or continuous professional education programmes?
Standard
Notes
Did all Appointive Directors attend at least 1 training for the calendar year?
Standard
Notes
26
Standard
Board Appraisal
Is an annual performance assessment conducted of the Board of Directors assessment
Standard
Notes
Does the GOCC disclose the process followed in conducting the Board?
Standard
Notes
Does the GOCC disclose the criteria used in the Board assessment?
Standard
Notes
27
Standard
Committee Appraisal
Is an annual performance assessment conducted of the Board of Directors Committees?
Standard
Notes
28
Standard
BONUS
Stakeholder's Relationship: Does the GOCC practice Global Reporting Index (GRI) on its annual reports?
Standard
Notes
29
Standard
Disclosure and Transparency
Are the audited annual financial report/statement released within 30 days upon the receipt from COA?
Standard
YES. upon receipt by the Office of the General Manager, audited annual financial reports/statements are posted in the ndc website.
Notes
30
Standard
PENALTY
31
Standard
Responsibilities of the Board
Are there members of the Board of Directors who hold more than five (5) positions in GOCCs and PLCs?
Standard
Board Members of NDC are mostly Ex-Officio.
Notes
Is there non-compliance with Good Governance Conditions?
Standard
NO
Notes
2018
Standard
Notes
Link
1
Standard
Does the GOCC disclose a policy that:
Stipulates the existence and scope of its effort to address customer's welfare?
Standard
Notes
Elaborates its efforts to interact with the communities in which they operate?
Standard
YES, it is part of NDC's corporate social responsibility to interact with the communities where it operates.
Notes
Ensure that its value chain is environmentally friendly or is consistent with promoting sustainable development?
Standard
Notes
2
Standard
Does the GOCC disclose the activities that it has undertaken to implement the abovementioned policies?
Customer health and safety
Standard
Notes
Interaction with the communities
Standard
Yes, It is part of NDC's corporate social responsibility to interact with the communities where it operates.
Notes
Environmentally-friendly value chain
Standard
Notes
3
Standard
Does the GOCC have a separate Corporate Social Responsibility (CSR) report/section or sustainability report/section?
Notes
YES
4
Standard
Where stakeholders interests are protected by law, stakeholders should have the opportunity to obtain effective redress for violation of their rights
Does the GOCC provide contact details via the company's website or Annual Report ' which stakeholders ( e.g. customers, suppliers, general public, etc.) can use to voice their concerns and/or complaints for possible violation of their rights?
Standard
Posted in the home page section, stakeholders may raise their concern through sending email to info@ndc.gov.ph
Notes
5
Standard
Performance-enhancing mechanisms for employee participation should be permitted to develop.
Does the GOCC explicitly mention the health, safety and welfare policy for its employees?
Standard
YES
Notes
Does the GOCC publish data relating to health, safety and welfare of its employees?
Standard
YES
Notes
Does the GOCC have training and development programmes for its employees?
Standard
See 2018 Summary of External Training Attended
Notes
Does the GOCC publish data on training and development programs for its employees?
Standard
YES
Notes
6
Standard
Stakeholders including individual employee and their representative bodies should be able to freely communicate their concerns about illegal or unethical practices to the board and their rights should not be compromised for doing this.
Does the GOCC have procedures for complaints by employees concerning illegal (including corruption) and unethical behavior?
Standard
See Section 5 of NDC's whistleblowing policy
Notes
Does the GOCC have procedures to protect an employee/person who reveals illegal/unethical behavior from retaliation?
Standard
See Section 10 of NDC's whistleblowing policy
Notes
7
Standard
Quality of the Annual Report. Does the GOCC's AR disclose the following items:
Corporate Objectives
Standard
Notes
Financial performance indicators
Standard
YES
Notes
Details of whistleblowing policy
Standard
YES
Notes
Biographical details (at least age, qualification, date of first appointment, relevant experiences and any other directorships of listed companies) of directors/commissioners
Standard
YES
Notes
Training and/or continuing education programme attended by each director/commissioner
Standard
Notes
8
Standard
Is the Annual Report downloadable from the GOCC website?
Notes
Yes, annual reports are downloadable in the disclosures section of the website
9
Standard
Corporate Governance Confirmation Statement
Does the Annual Report contain a statement confirming the company's full compliance with the code of corporate governance and where there is non-compliance, identify and explain reasons for each such issue?
Standard
Notes
10
Standard
Timely filing/release of annual/financial reports
Are the audited annual financial report/statement released within 60 days upon receipt from COA?
Standard
Yes, annual financial reports/statements are posted in the Transparency Seal''section of the NDC website upon receipt by the Office of the General Manager.
Notes
Is the annual report released within 90 days from release of audited financial report?
Standard
YES
Notes
Is the true and fairness/fair presentation of the annual financial statement/reports affirmed by the board of directors/commissioners and/or the relevant officers of the company?
Standard
Yes, annual financial report is reviewed by the General Manager and Chairman of the Board of Directors.
Notes
11
Standard
Corporate Vision/Mission
Has the Board of Directors reviewed the vision and mission/strategy in the last financial year?
Standard
Notes
Does the Board of Directors monitor/oversee the implementation of the corporate strategy?
Standard
Notes
12
Standard
Code of ethics or conduct
Are the details of the code of ethics or conduct disclosed?
Standard
Notes
Does the GOCC disclose that all Directors/Commissioners, senior management and employees are required to comply with the code?
Standard
Notes
Does the company disclose how it implements and monitors compliance with the code of ethics or conduct?
Standard
Notes
13
Standard
Does the Board appoint a Nomination Compensation/Renumeration Committee?
Notes
YES
14
Standard
Does the Board appoint a Risk Management Committee?'If yes, is the report on Risk Management Committee publicly disclosed?
Notes
YES, however reports of the Risk Management are not publicly disclosed.
15
Standard
Did the Nomination Compensation/Remuneration Committee meet at least twice during the year?''If yes, is the report of the Nomination Compensation/Renumeration Committee publicly disclosed?
Notes
YES, however reports of the remuneration committee are not publicly disclosed.
16
Standard
Does the Board appoint an Audit Committee? If yes, is the report of the Audit Committee publicly disclosed?
Notes
YES, however reports of the audit committee are not publicly disclosed.
17
Standard
Does at least one member of the Audit Committee have an audit, accounting or finance background (qualification or experience)?
Notes
Yes, Secretary Carlos G. Dominguez, DOF
18
Standard
Did the Audit Committee meet at least four times during the year?
19
Standard
Does at least one member of the Risk Management Committee have a background in finance and investments?
Notes
Yes, Secretary Carlos G. Dominguez, DOF
20
Standard
Board meetings and attendance
Are the Board of Directors meetings scheduled at the beginning of the year? (end of Q1)
Standard
YES, see meeting attendance record for January and April 2017
Notes
Does the Board of Directors meet at least monthly?
Standard
NO, since most of the NDC Board of Directors are Ex-Officio.
Notes
Did the Board of Directors meet on at least 75% on their scheduled meetings?
Standard
YES,' see attendance records for 2018
Notes
Has each of the directors/commissioners attended at least 90% of all the board meetings held during the year?
Standard
Notes
Did the Board of Directors meet separately at least once during the year without the President/CEO present?
Standard
NO
Notes
21
Standard
Access to information
Does the GOCC have a policy that stipulates board papers for Board of Directors/Commissioners meetings be provided to the Board at least three (3) working days in advance of the board meeting?
Standard
It is NDC's policy that agenda folders containing the Materials for the board meeting are distributed to the Board Members at least 7 days before the Board Meeting.
Notes
Is the Board Secretary trained in legal, accountancy or company secretarial practices?
Standard
Yes,' NDC's Board Secretary is a lawyer. See resume of Board Secretary
Notes
22
Standard
Internal Audit
Does the company have a separate internal audit function?
Standard
Yes, the company has a Management Audit Officer that works as an internal audit function.
Notes
Currently, the company is still looking for new Management Audit Officer as Ms. Nancy Paz resigned last May 2019.
Link
Does the appointment and removal of the internal auditor require the approval of the Audit Committee?
Standard
Notes
23
Standard
Risk Oversight
Does the company disclose the internal control procedures/risk management systems it has in place?
Standard
YES
Notes
Does the Annual Report disclose that the board of Directors/Commissioners have conducted a review of the company's material controls (including operational, financial and compliance controls) and risk management systems?
Standard
Notes
Does the company disclose how key risks are managed?
Standard
YES
Notes
Does the Annual Report contain a statement from the Board of Directors or Audit Committee commenting on the adequacy of the GOCC's internal controls/risk management systems?
Standard
Notes
24
Standard
Board Chairman
Do different persons assume the roles of Chairman and CEO?
Standard
YES, the chairman is Sec. Ramon Lopez while Ms. Ma. Lourdes F. Rebueno is the CEO(General Manager)
Notes
25
Standard
Board of Directors Development
Does the GOCC have orientation programmes for new Directors?
Standard
Notes
Does the GOCC have a policy that encourages Directors/Commissioners to attend on-going or continuous professional education programmes?
Standard
Notes
Did all Appointive Directors attend at least 1 training for the calendar year?
Standard
Notes
26
Standard
Board Appraisal
Is an annual performance assessment conducted of the Board of Directors assessment
Standard
Notes
Does the GOCC disclose the process followed in conducting the Board?
Standard
Notes
Does the GOCC disclose the criteria used in the Board assessment?
Standard
Notes
27
Standard
Committee Appraisal
Is an annual performance assessment conducted of the Board of Directors Committees?
Standard
Notes
28
Standard
BONUS
Stakeholder's Relationship: Does the GOCC practice Global Reporting Index (GRI) on its annual reports?
Standard
Notes
29
Standard
Disclosure and Transparency
Are the audited annual financial report/statement released within 30 days upon the receipt from COA?
Standard
YES. upon receipt by the Office of the General Manager, audited annual financial reports/statements are posted in the ndc website.
Notes
30
Standard
PENALTY
Responsibilities of the Board
Standard
Notes
Are there members of the Board of Directors who hold more than five (5) positions in GOCCs and PLCs?
Standard
Board Members of NDC are mostly Ex-Officio.
Notes
Is there non-compliance with Good Governance Conditions?
Standard
NO
Notes
2019
Standard
Notes
Link
1
Standard
Does the GOCC disclose a policy that:
Stipulates the existence and scope of its effort to address customer's welfare?
Standard
Notes
Elaborates its efforts to interact with the communities in which they operate?
Standard
YES, it is part of NDC's corporate social responsibility to interact with the communities where it operates.
Notes
Ensure that its value chain is environmentally friendly or is consistent with promoting sustainable development?
Standard
Notes
2
Standard
Does the GOCC disclose the activities that it has undertaken to implement the abovementioned policies?
Customer health and safety
Standard
Notes
Interaction with the communities
Standard
Yes, It is part of NDC's corporate social responsibility to interact with the communities where it operates.
Notes
Environmentally-friendly value chain
Standard
Notes
3
Standard
Does the GOCC have a separate Corporate Social Responsibility (CSR) report/section or sustainability report/section?
Notes
YES
4
Standard
Where stakeholders interests are protected by law, stakeholders should have the opportunity to obtain effective redress for violation of their rights
Does the GOCC provide contact details via the company's website or Annual Report ' which stakeholders ( e.g. customers, suppliers, general public, etc.) can use to voice their concerns and/or complaints for possible violation of their rights?
Standard
Posted in the home page section, stakeholders may raise their concern through sending email to info@ndc.gov.ph
Notes
5
Standard
Performance-enhancing mechanisms for employee participation should be permitted to develop.
Does the GOCC explicitly mention the health, safety and welfare policy for its employees?
Standard
YES
Notes
Does the GOCC publish data relating to health, safety and welfare of its employees?
Standard
YES
Notes
Does the GOCC have training and development programmes for its employees?
Standard
See 2019 Summary of External Training Attended
Notes
Does the GOCC publish data on training and development programs for its employees?
Standard
YES
Notes
6
Standard
Stakeholders including individual employee and their representative bodies should be able to freely communicate their concerns about illegal or unethical practices to the board and their rights should not be compromised for doing this.
Does the GOCC have procedures for complaints by employees concerning illegal (including corruption) and unethical behavior?
Standard
See Section 5 of NDC's whistleblowing policy
Notes
Does the GOCC have procedures to protect an employee/person who reveals illegal/unethical behavior from retaliation?
Standard
See Section 10 of NDC's whistleblowing policy
Notes
7
Standard
Quality of the Annual Report. Does the GOCC's AR disclose the following items:
Corporate Objectives
Standard
Notes
Financial performance indicators
Standard
YES
Notes
Non-financial performance indicators
Standard
YES
Notes
Details of whistleblowing policy
Standard
YES
Notes
Biographical details (at least age, qualification, date of first appointment, relevant experiences and any other directorships of listed companies) of directors/commissioners
Standard
YES
Notes
Training and/or continuing education programme attended by each director/commissioner
Standard
Notes
8
Standard
Is the Annual Report downloadable from the GOCC website?
Notes
Yes, annual reports are downloadable in the disclosures section of the website
9
Standard
Corporate Governance Confirmation Statement
Does the Annual Report contain a statement confirming the company's full compliance with the code of corporate governance and where there is non-compliance, identify and explain reasons for each such issue?
Standard
Notes
10
Standard
Timely filing/release of annual/financial reports
Are the audited annual financial report/statement released within 60 days upon receipt from COA?
Standard
Yes, annual financial reports/statements are posted in the Transparency Seal''section of the NDC website upon receipt by the Office of the General Manager.
Notes
Is the annual report released within 90 days from release of audited financial report?
Standard
YES
Notes
Is the true and fairness/fair presentation of the annual financial statement/reports affirmed by the board of directors/commissioners and/or the relevant officers of the company?
Standard
Yes, annual financial report is reviewed by the General Manager and Chairman of the Board of Directors.
Notes
11
Standard
Corporate Vision/Mission
Has the Board of Directors reviewed the vision and mission/strategy in the last financial year?
Standard
Does the Board of Directors monitor/oversee the implementation of the corporate strategy?
Notes
12
Standard
Code of ethics or conduct
Are the details of the code of ethics or conduct disclosed?
Standard
Notes
Does the GOCC disclose that all Directors/Commissioners, senior management and employees are required to comply with the code?
Standard
Notes
Does the company disclose how it implements and monitors compliance with the code of ethics or conduct?
Standard
Notes
13
Standard
Does the Board appoint a Nomination Compensation/Renumeration Committee?
Notes
YES
14
Standard
Does the Board appoint a Risk Management Committee?'If yes, is the report on Risk Management Committee publicly disclosed?
Notes
YES, however reports of the Risk Management are not publicly disclosed.
15
Standard
Did the Nomination Compensation/Remuneration Committee meet at least twice during the year?''If yes, is the report of the Nomination Compensation/Renumeration Committee publicly disclosed?
Notes
YES, however reports of the remuneration committee are not publicly disclosed.
16
Standard
Does the Board appoint an Audit Committee? If yes, is the report of the Audit Committee publicly disclosed?
Notes
YES, however reports of the audit committee are not publicly disclosed.
17
Standard
Does at least one member of the Audit Committee have an audit, accounting or finance background (qualification or experience)?
Notes
Yes, Secretary Carlos G. Dominguez, DOF
18
Standard
Did the Audit Committee meet at least four times during the year?
19
Standard
Does at least one member of the Risk Management Committee have a background in finance and investments?
Notes
Yes, Secretary Carlos G. Dominguez, DOF
20
Standard
Board meetings and attendance
Are the Board of Directors meetings scheduled at the beginning of the year? (end of Q1)
Standard
YES, see meeting attendance record for the year 2019
Notes
Does the Board of Directors meet at least monthly?
Standard
NO, since most of the NDC Board of Directors are Ex-Officio.
Notes
Did the Board of Directors meet on at least 75% on their scheduled meetings?
Standard
YES,' see attendance records for 2019
Notes
Has each of the directors/commissioners attended at least 90% of all the board meetings held during the year?
Standard
Notes
Did the Board of Directors meet separately at least once during the year without the President/CEO present?
Standard
NO
Notes
21
Standard
Access to information
Does the GOCC have a policy that stipulates board papers for Board of Directors/Commissioners meetings be provided to the Board at least three (3) working days in advance of the board meeting?
Standard
It is NDC's policy that agenda folders containing the Materials for the board meeting are distributed to the Board Members at least 7 days before the Board Meeting.
Notes
Is the Board Secretary trained in legal, accountancy or company secretarial practices?
Standard
Yes,' NDC's Board Secretary is a lawyer. See resume of Board Secretary
Notes
22
Standard
Internal Audit
Does the company have a separate internal audit function?
Standard
Yes, the company has a Management Audit Officer that works as an internal audit function.
Notes
Does the appointment and removal of the internal auditor require the approval of the Audit Committee?
Standard
Notes
23
Standard
Risk Oversight
Does the company disclose the internal control procedures/risk management systems it has in place?
Standard
YES
Notes
Does the Annual Report disclose that the board of Directors/Commissioners have conducted a review of the company's material controls (including operational, financial and compliance controls) and risk management systems?
Standard
Notes
Does the company disclose how key risks are managed?
Standard
YES
Notes
Does the Annual Report contain a statement from the Board of Directors or Audit Committee commenting on the adequacy of the GOCC's internal controls/risk management systems?
Standard
Notes
24
Standard
Board Chairman
Do different persons assume the roles of Chairman and CEO?
Standard
YES, the chairman is Sec. Ramon Lopez while Ms. Ma. Lourdes F. Rebueno is the CEO(General Manager)
Notes
25
Standard
Board of Directors Development
Does the GOCC have orientation programmes for new Directors?
Standard
Notes
Does the GOCC have a policy that encourages Directors/Commissioners to attend on-going or continuous professional education programmes?
Standard
Notes
Did all Appointive Directors attend at least 1 training for the calendar year?
Standard
Notes
26
Standard
Board Appraisal
Is an annual performance assessment conducted of the Board of Directors assessment
Standard
Notes
Does the GOCC disclose the process followed in conducting the Board?
Standard
Notes
Does the GOCC disclose the criteria used in the Board assessment?
Standard
Notes
27
Standard
Committee Appraisal
Is an annual performance assessment conducted of the Board of Directors Committees?
Standard
Notes
28
Standard
BONUS
Notes
Stakeholder's Relationship: Does the GOCC practice Global Reporting Index (GRI) on its annual reports?
29
Standard
Disclosure and Transparency
Are the audited annual financial report/statement released within 30 days upon the receipt from COA?
Standard
YES. upon receipt by the Office of the General Manager, audited annual financial reports/statements are posted in the ndc website.
Notes
https://www.ndc.gov.ph/sites/default/files/documents/02-NDC2019_Cover-merged.pdf
Link
30
Standard
PENALTY
31
Standard
Responsibilities of the Board
Are there members of the Board of Directors who hold more than five (5) positions in GOCCs and PLCs?
Standard
Board Members of NDC are mostly Ex-Officio.
Notes
Is there non-compliance with Good Governance Conditions?
Standard
NO
Notes
2020
Standard
Notes
Link
1
Standard
Does the GOCC disclose a policy that:
Stipulates the existence and scope of its effort to address customer's welfare?
Standard
Notes
Elaborates its efforts to interact with the communities in which they operate?
Standard
YES, it is part of NDC's corporate social responsibility to interact with the communities where it operates.
Notes
Ensure that its value chain is environmentally friendly or is consistent with promoting sustainable development?
Standard
Notes
2
Standard
Does the GOCC disclose the activities that it has undertaken to implement the abovementioned policies?
Customer health and safety
Standard
Notes
Interaction with the communities
Standard
Yes, It is part of NDC's corporate social responsibility to interact with the communities where it operates.
Notes
Environmentally-friendly value chain
Standard
Notes
3
Standard
Does the GOCC have a separate Corporate Social Responsibility (CSR) report/section or sustainability report/section?
Notes
YES
4
Standard
Where stakeholders interests are protected by law, stakeholders should have the opportunity to obtain effective redress for violation of their rights
Does the GOCC provide contact details via the company's website or Annual Report ' which stakeholders ( e.g. customers, suppliers, general public, etc.) can use to voice their concerns and/or complaints for possible violation of their rights?
Standard
Posted in the home page section, stakeholders may raise their concern through sending email to info@ndc.gov.ph
Notes
5
Standard
Performance-enhancing mechanisms for employee participation should be permitted to develop.
Does the GOCC explicitly mention the health, safety and welfare policy for its employees?
Standard
YES
Notes
Does the GOCC publish data relating to health, safety and welfare of its employees?
Standard
YES
Notes
Does the GOCC have training and development programmes for its employees?
Standard
See 2019 Summary of External Training Attended
Notes
Does the GOCC publish data on training and development programs for its employees?
Standard
YES
Notes
6
Standard
Stakeholders including individual employee and their representative bodies should be able to freely communicate their concerns about illegal or unethical practices to the board and their rights should not be compromised for doing this.
Does the GOCC have procedures for complaints by employees concerning illegal (including corruption) and unethical behavior?
Standard
See Section 5 of NDC's whistleblowing policy
Notes
Does the GOCC have procedures to protect an employee/person who reveals illegal/unethical behavior from retaliation?
Standard
See Section 10 of NDC's whistleblowing policy
Notes
7
Standard
Quality of the Annual Report. Does the GOCC's AR disclose the following items:
Corporate Objectives
Standard
Notes
Financial performance indicators
Standard
YES
Notes
Non-financial performance indicators
Standard
YES
Notes
Details of whistleblowing policy
Standard
YES
Notes
Biographical details (at least age, qualification, date of first appointment, relevant experiences and any other directorships of listed companies) of directors/commissioners
Standard
YES
Notes
Training and/or continuing education programme attended by each director/commissioner
Standard
Notes
8
Standard
Is the Annual Report downloadable from the GOCC website?
Notes
Yes, annual reports are downloadable in the disclosures section of the website
9
Standard
Corporate Governance Confirmation Statement
Does the Annual Report contain a statement confirming the company's full compliance with the code of corporate governance and where there is non-compliance, identify and explain reasons for each such issue?
Standard
Notes
10
Standard
Timely filing/release of annual/financial reports
Are the audited annual financial report/statement released within 60 days upon receipt from COA?
Standard
Yes, annual financial reports/statements are posted in the Transparency Seal''section of the NDC website upon receipt by the Office of the General Manager.
Notes
Is the annual report released within 90 days from release of audited financial report?
Standard
YES
Notes
Is the true and fairness/fair presentation of the annual financial statement/reports affirmed by the board of directors/commissioners and/or the relevant officers of the company?
Standard
Yes, annual financial report is reviewed by the General Manager and Chairman of the Board of Directors.
Notes
11
Standard
Corporate Vision/Mission
Has the Board of Directors reviewed the vision and mission/strategy in the last financial year?
Standard
Does the Board of Directors monitor/oversee the implementation of the corporate strategy?
Notes
12
Standard
Code of ethics or conduct
Are the details of the code of ethics or conduct disclosed?
Standard
Notes
Does the GOCC disclose that all Directors/Commissioners, senior management and employees are required to comply with the code?
Standard
Notes
Does the company disclose how it implements and monitors compliance with the code of ethics or conduct?
Standard
Notes
13
Standard
Does the Board appoint a Nomination Compensation/Renumeration Committee?
Notes
YES
14
Standard
Does the Board appoint a Risk Management Committee?'If yes, is the report on Risk Management Committee publicly disclosed?
Notes
YES, however reports of the Risk Management are not publicly disclosed.
15
Standard
Did the Nomination Compensation/Remuneration Committee meet at least twice during the year?''If yes, is the report of the Nomination Compensation/Renumeration Committee publicly disclosed?
Notes
YES, however reports of the remuneration committee are not publicly disclosed.
16
Standard
Does the Board appoint an Audit Committee? If yes, is the report of the Audit Committee publicly disclosed?
Notes
YES, however reports of the audit committee are not publicly disclosed.
17
Standard
Does at least one member of the Audit Committee have an audit, accounting or finance background (qualification or experience)?
Notes
Yes, Secretary Carlos G. Dominguez, DOF
18
Standard
Did the Audit Committee meet at least four times during the year?
19
Standard
Does at least one member of the Risk Management Committee have a background in finance and investments?
Notes
Yes, Secretary Carlos G. Dominguez, DOF
20
Standard
Board meetings and attendance
Are the Board of Directors meetings scheduled at the beginning of the year? (end of Q1)
Standard
YES, see meeting attendance record for the year 2019
Notes
Does the Board of Directors meet at least monthly?
Standard
NO, since most of the NDC Board of Directors are Ex-Officio.
Notes
Did the Board of Directors meet on at least 75% on their scheduled meetings?
Standard
YES,' see attendance records for 2019
Notes
Has each of the directors/commissioners attended at least 90% of all the board meetings held during the year?
Standard
Notes
Did the Board of Directors meet separately at least once during the year without the President/CEO present?
Standard
NO
Notes
21
Standard
Access to information
Does the GOCC have a policy that stipulates board papers for Board of Directors/Commissioners meetings be provided to the Board at least three (3) working days in advance of the board meeting?
Standard
It is NDC's policy that agenda folders containing the Materials for the board meeting are distributed to the Board Members at least 7 days before the Board Meeting.
Notes
Is the Board Secretary trained in legal, accountancy or company secretarial practices?
Standard
Yes,' NDC's Board Secretary is a lawyer. See resume of Board Secretary
Notes
22
Standard
Internal Audit
Does the company have a separate internal audit function?
Standard
Yes, the company has a Management Audit Officer that works as an internal audit function.
Notes
Does the appointment and removal of the internal auditor require the approval of the Audit Committee?
Standard
Notes
23
Standard
Risk Oversight
Does the company disclose the internal control procedures/risk management systems it has in place?
Standard
YES
Notes
Does the Annual Report disclose that the board of Directors/Commissioners have conducted a review of the company's material controls (including operational, financial and compliance controls) and risk management systems?
Standard
Notes
Does the company disclose how key risks are managed?
Standard
YES
Notes
Does the Annual Report contain a statement from the Board of Directors or Audit Committee commenting on the adequacy of the GOCC's internal controls/risk management systems?
Standard
Notes
24
Standard
Board Chairman
Do different persons assume the roles of Chairman and CEO?
Standard
YES, the chairman is Sec. Ramon Lopez while Ms. Ma. Lourdes F. Rebueno is the CEO(General Manager)
Notes
25
Standard
Board of Directors Development
Does the GOCC have orientation programmes for new Directors?
Standard
Notes
Does the GOCC have a policy that encourages Directors/Commissioners to attend on-going or continuous professional education programmes?
Standard
Notes
Did all Appointive Directors attend at least 1 training for the calendar year?
Standard
Notes
26
Standard
Board Appraisal
Is an annual performance assessment conducted of the Board of Directors assessment
Standard
Notes
Does the GOCC disclose the process followed in conducting the Board?
Standard
Notes
Does the GOCC disclose the criteria used in the Board assessment?
Standard
Notes
27
Standard
Committee Appraisal
Is an annual performance assessment conducted of the Board of Directors Committees?
Standard
Notes
28
Standard
BONUS
Notes
Stakeholder's Relationship: Does the GOCC practice Global Reporting Index (GRI) on its annual reports?
29
Standard
Disclosure and Transparency
Are the audited annual financial report/statement released within 30 days upon the receipt from COA?
Standard
YES. upon receipt by the Office of the General Manager, audited annual financial reports/statements are posted in the ndc website.
Notes
https://www.ndc.gov.ph/sites/default/files/documents/02-NDC2019_Cover-merged.pdf
Link
30
Standard
PENALTY
31
Standard
Responsibilities of the Board
Are there members of the Board of Directors who hold more than five (5) positions in GOCCs and PLCs?
Standard
Board Members of NDC are mostly Ex-Officio.
Notes
Is there non-compliance with Good Governance Conditions?
Standard
NO
Notes
