CORPORATE GOVERNANCE SCORECARD CY 2018
A. Responsibilities of the Board
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A. Ex-Officio |
Available at corporate website (“About Us” link, “Board of Directors” webpage). |
B. Appointive |
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On 17 Jan 2018, the LLDA BOD reviewed and approved the LLDA’s new Vision-Mission Statement through Resolution No. 542, series of 2018. The BOD, also, reviewed and approved the CY 2019 Work and Financial Plans, Indicative work and financial plans for CY 2020 |
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A. Code of Conduct and Ethical Standards |
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Board papers for BOD meetings are distributed to all members of the BOD at least three (3) working days in advance of the board meeting and one of the metrics stated in the annual work plans. |
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The Internal Audit Division is an integral part of LLDA’s organizational structure. It advises the BOD, through its Audit Committee, on all matters relating to management control and operations audit, among other functions. |
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The Authority has identified material risk factors and corresponding measures to manage such risks. |
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The CY 2018 PES (Strategy Map and Performance Scorecard) is available at our corporate website |
B. Disclosure and Transparency
- Audited Annual Financial Reports
Date Posted in Corporate Website |
Year of Report | Date of Receipt from COA |
December 2016 | 2015 | June 2016 |
November 2017 | 2016 | June 7, 2017 |
August 2018 | 2017 | June 29, 2018 |
05 July 2019 | 2018 | June 17, 2019 |
- Annual Reports
Date Published | Year of Report |
February 2017 | 2015 |
September 2018 | 2016 |
February 2019 | 2017 |
February 2020 | 2018 |
C. State the Location of the Following Information in the Annual Report / Audited Annual Financial Report
Kindly refer to page 5 of the 2018 Annual Report. |
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Kindly refer to page 51 of the 2018 Annual Report for excerpts from the 2018 Audited Financial Reports. |
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Kindly refer to page 50 and 53 of the 2018 Annual Report – LLDA’s manpower complement and ratings for CY 2014-2016 Corporate Governance Scorecard |
Corporate Social Responsibility
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A. Policies |
Please refer to the following:
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B. Activities |
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A. Policies |
Excerpts from the CSR Statement: “WE AFFIRM WE COMMIT WE WILL STRIVE WE COMMIT WE REAFFIRM OUR COMMITMENT WE WILL CONTINUE WE WILL ENDEAVOR
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B. Activities |
For activities related to LLDA’s interaction with the communities, kindly refer to pages 13, 15-17, 29-32, 40-43 and 58 of the 2018 Annual Report. |
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A. Policies |
Excerpts from the CSR Statement: “WE WILL ENDEAVOR to increase the resources available to localities to meet the challenges of protecting the lake and its watershed. We will seek to enhance funding for locally based programs that pursue environmental enhancement and protection objectives.”
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B. Activities |
For activities related to environmental friendly value chain of LLDA, kindly refer to pages 8-9, 12, 14-15 of the 2018 Annual Report. |
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A. Welfare (policies, programs and relevant data) |
Rule 1 (1.5) of Code of Conduct and Ethical Standards of Laguna Lake Development Authority (LLDA) states: “ xxx 1.5 Management shall ensure that all employees have a safe and sanitary work place with appropriate space, ventilation and lighting; otherwise they shall be subject to grievance procedure.” For activities, programs and relevant data, please refer to pages 57-58 of the 2018 Annual Report. |
B. Training and development (programs and relevant data) |
Kindly refer to page 54 of the 2018 Annual Report. |
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Rule 8 of Code of Conduct and Ethical Standards of LLDA provides whistle-blowing policy and procedures. |