Part C: Role of Shareholders

Philippines
PLCName
StockCode
Expert Name 0
Sector Insurance
Year 2015
Date of Financial Year End 31/12/2015
Source Document/ Location of Information Yes/No Point REMARKS
C Role of Stakeholders
C.1 The rights of stakeholders that are established by law or through mutual agreements are to be respected.
Does the company disclose a policy that :
C.1.1 Stipulates the existence and scope of the company’s efforts to address customers’ health and safety? Company Policy Y 1 Compliance to different regulatory bodies like Bureau of Fire. Etc..
C.1.2 Explains supplier/contractor selection practice? Company Policy Y 1
C.1.3 Describes the company’s efforts to ensure that its value chain is environmentally friendly or is consistent with promoting sustainable development? Company Policy Y 1 Memorandum for waste segragation
C.1.4 Elaborates the company’s efforts to interact with the communities in which they operate? Company Policy Y 1 Scheduled activities of the company for the year.
C.1.5 Directs the company’s anti-corruption programmes and procedures? Company Policy Y 1
C.1.6 Describes how creditors’ rights are safeguarded? Company Policy Y 1 The company striclty adheres to the terms and conditions as stipulated in the contract though at present it has no existing loan obligation in any bank or financial institutions.
Does the company disclose the activities that it has undertaken to implement the above mentioned policies?
C.1.7 Customer health and safety Annual report/office bulletin/company website Y 1 employees work-life balance activities on annual report
C.1.8 Supplier/Contractor selection and criteria Y 1 Transactions are suppported by suppliers quotation and other documents to be used as selection criteria
C.1.9 Environmentally-friendly value chain Y 1 employees work-life balance activities on annual report
C.1.10 Interaction with the communities Y 1 employees work-life balance activities on annual report
C.1.11 Anti-corruption programmes and procedures Y 1
C.1.12 Creditors’ rights Y 1 The company striclty adheres to the terms and conditions as stipulated in the contract though at present it has no existing loan obligation in any bank or financial institutions.
C.1.13 Does the company have a separate corporate responsibility (CR) report/section or sustainability report/section? Annual Report/Newsletter/Website Y 1
C.2 Where stakeholder interests are protected by law, stakeholders should have the opportunity to obtain effective redress for violation of their rights.
C.2.1 Does the company 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? Webite; stationary papers bearing CISP logo; annual reports; all official communications which contain CISP logo Y 1 As corporate practice, CISP always put in all official communications, website, annual reports and other official documents the name of the company as well as it address and telephone numbers where it can be contacted for inquiries and concerns by the general public.
C.3 Performance-enhancing mechanisms for employee participation should be permitted to develop.
C.3.1 Does the company explicitly disclose the health, safety, and welfare policy for its employees? Company Policy Y 1
C.3.2 Does the company publish data relating to health, safety and welfare of its employees? Annual Report/Company Bulletin Y 1 employees work-life balance activities on annual report
C.3.3 Does the company have training and development programmes for its employees? Annual Report/Company website/certificate of training Y 1 Local and International trainings
C.3.4 Does the company publish relevant information on training and development programmes for its employees? Annual Report/Company website Y 1 Local and International trainings
C.3.5 Does the company have a reward/compensation policy that accounts for the performance of the company beyond short-term financial measures? Company Policy Y 1
C.4 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.
C.4.1 Does the company have procedures for complaints by employees concerning illegal (including corruption) and unethical behaviour? Company Policy Y 1
C.4.2 Does the company have a policy or procedures to protect an employee/person who reveals illegal/unethical behavior from retaliation? Company Policy Y 1