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Governance, Compliance & CSR

Corporate Governance: 
GovernanceGood corporate governance generally refers to the system of rules, practices and processes by which a company is directed and controlled. Corporate governance essentially involves balancing the interests of the many stakeholders in a company – these include its shareholders, management, customers, suppliers, financiers, government and the community. Since corporate governance also provides the framework for attaining a company’s objectives, it encompasses practically every sphere of management, from action plans and internal controls to performance measurement and corporate disclosure. We help review and implement your businesses in ASEAN-efficient corporate governance requirements and processes, ranging from board composition to decision-making. We help you coduct a comprehensive governance assessment within your organization, based on the OECD Principles of Corporate Governance, and the ASEAN / AEC Scorecard for Corporate Governance that builds upon the OECD Principles.

In ASEAN, companies are often facing business practices that are not in accordance with western standards, and sometimes also violate local laws. In all cases, engaging in non-compliant business activity is both the worst and most expensive solution:  Your business is not only subject to penalties and fines, you are also making yourself vulnerable to blackmail and may damage your company’s long-standing reputation. Particularly, significant reputational damage and the exclusion from public contracts could occur. We can assist you assess your local compliance risks (compliance risk assessment),, and work with you to create a Professional Compliance Management System (CMS) with all the essential elements for your organization: A (central, regional or country-based) Code of Conduct (CoC), local compliance policies, compliance hotline). If you have already implemented a CMS, we will review and improve it with our local expertise, for your subsidiaries in ASEAN. We finally train your staff with our own or your company’s compliance materials, and endevour together to establish harmonized standards for your business in ASEAN, in line with the standards in your home country.

Corporate Social Responsibility (CSR):
You see CSR as an integral part of your corporate mission?  We help you implement a sustainable approach to business – one that takes into account the ethical, environmental and societal impact of your activities in ASEAN. We can help you implement new ways to source, manufacture, and distribute goods in a more sustainable manner, while simultaneously lowering costs. Based on a more transparent and proactive engagement with your employees, consumers and the communities where you operate, we will assist your organization becoming better equipped to be a CSR leader in ASEAN! Naturally, we will assist you in implementing the right CSR standards for your company, in particular based on the UN Global Compact, the OECD Guidelines for Multinational Enterprises or the ISO 26000. We will finally prepare all CSR- and Sustainability reports for you. Achievable through our expertise in PR &brand-building, we help you communicate the successful impact of your CSR campaigns to build goodwill banks in the locals where you operate.

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