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2017 SMPC Integrated Annual Report


Corporate Governance > ASEAN Corporate Governance Scorecard

ASEAN Corporate Governance Scorecard

14th Highest Scoring Philippine PLC 2016 ASEAN Corporate Governance Scorecard (ACGS)

Semirara Mining and Power Corporation (SMPC)


SMPC adheres to the recommended practices of the ASEAN Corporate Governance Scorecard (ACGS) on Rights of Shareholders, Equitable Treatment of Shareholders, Role of Stakeholders, Disclosure and Transparency, and Responsibilities of the Board. The ACGS is a corporate governance tool initiative of the ASEAN Capital Markets Forum measuring the governance practices among the ASEAN Publicly-Listed Companies based on the five OECD Principles of Corporate Governance. 



The 2016 ACGS Run assessment by the Philippines’ Securities and Exchange Commission and the Institute of Corporate Directors found that SMPC ranked 14th among the 252 PLCs (14th among 245 PLCs in 2015), 14th among the Top 100 PLCs according to market capitalization (14th in 2015), and 2nd among the 20 PLCs under the Mining sector (2nd among 21 PLCs in 2015) in the Philippines.


SMPC's consonance with the ASEAN Corporate Governance Score Card best practices are further detailed in our ACGS microsite.