On December 11, 2020, the IFC East Asia and Pacific Environmental, Social and Governance (ESG) Program Advisory Program jointly with the Laos Securities Commission organized a webinar on the lessons learned from the ASEAN Corporate Governance (CG) Scorecard and discussion on scorecards development and implementation worldwide. The goal is to support Laos's preparation of a local CG scorecard.
The Scorecard instrument aims to assist in a survey of ESG practices in the country and builds on the introduction of the Corporate Governance Code. Such a rating system seeks to develop a sound base for assessing the implementation of good corporate governance, environmental and social practices and providing a policy framework for future discussions and development. In this way, the strengths and weaknesses of corporate governance in the companies will become evident, and strengths recognized, and weaknesses may be improved.
You will hear exciting insights and practical tips for scorecard's benefits to improving both company's policies and the country's regulation, useful resources, and lessons learned from scorecards development and implementation in Thailand, ASEAN, and worldwide. More than 60 participants attended the e-workshop.
You can find information about IFC's experience and resources on Corporate Governance Scorecards here.
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