JG Summit Corporation
JG Summit Corporation
  • About Us
  • Stories
  • Sustainability
  • Corporate Governance
  • Disclosures
  • Investor Relations
  • Foundation
  • Careers
  • Contact Us
JG Summit Corporation
  • About Us
  • Stories
  • Sustainability
  • Corporate Governance
  • Disclosures
  • Investor Relations
  • Foundation
  • Careers
  • Contact Us
  • About Us
    Dropdown Icon
    • Company Profile
    • Our Purpose, Core Values & Ambition
    • Our History
    • Strategic Business Units, Ecosystem Plays, & Core Investments
    • Management Team
    • Organizational Structure and Conglomerate Map
    • Articles of Incorporation and By-Laws
  • Stories
  • Sustainability
  • Corporate Governance
    Dropdown Icon
    • Overview
    • Board and Board Committees
    • Shareholders
    • Stakeholders
    • CG Manual and Policies
    • Compliance Reports
  • Disclosures
  • Investor Relations
    Dropdown Icon
    • Investor Relations Program
    • Shareholdings Structure
    • Shareholders Information
    • Quarterly Reports
    • Annual Reports
    • Sustainability Reports
    • Financial Results
    • IR Presentations
    • Calendar of Events
  • Foundation
  • Careers
  • Contact Us

Corporate Governance

Overview
Governance Statement Company Strategy and Objective Articles of Incorporation and By-laws
Board and Board Committees
Board Profile Board Structure Board and Board Committee Meetings Board Committees and Charters Board Training, Succession, Remuneration, and Assessment
Shareholders
Ownership Structure Rights and Equitable Treatment of Shareholders Annual Stockholders' Meeting Enterprise Risk Management Internal Controls
Stakeholders
Corporate Social Responsibility and Sustainability Employees, Customers, Suppliers and Creditors Medium of Communication
CG Manual and Policies
Revised Corporate Governance Manual Code of Business Conduct and Ethics Anti-Bribery and Anti-Corruption Policy Board Diversity Policy Board Nomination and Election Policy Conflict of Interest Policy Corporate Disclosure Policy Directors, Officers, Stockholders and Related Interests (DOSRI) Dividend Policy Health, Safety and Welfare Policy Insider Trading Policy Material Related Party Transactions Policy Protection of Creditors’ Rights Policy Succession Planning and Remuneration Policy Supplier Accreditation Policy Whistleblowing Policy
Compliance Reports
Annual and Sustainability Report Integrated Annual Corporate Governance Report (I-ACGR) Compliance Manual

The Board Charter

The Company maintains a comprehensive Board Charter that outlines the roles, responsibilities, and governance framework guiding its Board of Directors. This Charter is integral to the Company, and is aligned with the company's Revised Corporate Governance Manual (RCGM), and best practices to ensure transparency, accountability, and effective oversight.

Board Charter.

The Board Committees

For a better and more focused attention on the affairs of the Company and to aid in the optimal performance of its roles and responsibilities, the Board approved the delegation of particular matters to the two (2) Board Committees namely: (a) Audit, Related Party Transactions and Risk Oversight Committee (AURROC) and (b) Governance, Nomination, Remuneration and Sustainability Committee (GNRSC).

A. Audit, Related Party Transactions and Risk Oversight Committee (AURROC)

The role of AURROC is to oversee the Company’s financial reporting, internal control system, internal and external audit processes, and monitor compliance with applicable laws and regulations, and internal policies for efficiency and effectiveness of business operations, and proper safeguarding and use of the Company’s resources and assets; to ensure that the group-wide policy and system governing Material Related Party Transactions (“MRPTs”), particularly those that breach the materiality threshold is in place and effectively working including review and approval thereof to guarantee that transactions are transparent, conducted fairly and at arm’s length; and to oversee the establishment of Enterprise Risk Management (“ERM”) framework that will effectively identify, monitor, assess and manage key business risks as well as provide oversight over its risk management policies and procedures. In addition to these, under the RCGM, the AURROC has the primary responsibility to appoint and remove the external auditor as well as the head of internal audit.

More details on the AURROC are contained in the AURROC Charter.

Composition:

Names Positions
Antonio L. Go Chairman
Antonio Jose U. Periquet, Jr.* Member
Artemio V. Panganiban Member
Bernadine T. Siy Member
James L. Go Advisory Member

*Antonio Jose U. Periquet, Jr. replaced Renato T. De Guzman on May 15, 2025.


Meetings:

For year 2024, the AURROC met four (4) times, with 100% attendance in all meetings.

B. Governance, Nomination, Remuneration and Sustainability Committee (GNRSC)

The role of the GNRSC is to oversee the development and implementation of Corporate Governance principles and policies and perform oversight functions on the Economic, Environmental, Social and Governance aspects of Sustainability and recommend a formal framework on the nomination, and evaluation of the performance of the Directors and Senior Management to ensure that this framework is consistent with the Company’s culture, strategies and the business environment. This includes the following functions: oversight of the implementation of a Corporate Governance framework and periodical review thereof; monitor compliance with the Code of Business Conduct and Ethics and accompanying Corporate Governance policies; oversee Board evaluation and continuing education/training; implement remuneration matters for corporate and individual performance; define the nomination, election, and succession planning for the Board and key officers; and provide guidance and oversee policy-making on the Company’s sustainability strategies, programs, initiatives and reports. The GNRSC also evaluates management’s effectiveness in maximizing climate-related risks and opportunities into JGSHI’s strategy planning.

More details on the GNRSC are contained in the GNRSC Charter

Composition:

Names Positions
Bernadine T. Siy Chairperson
Antonio Jose U. Periquet, Jr.* Member
Antonio L. Go Member
Artemio V. Panganiban Member

*Antonio Jose U. Periquet, Jr. replaced Renato T. De Guzman on May 15, 2025.


Meetings:

For year 2024, the GNRSC met four (4) times, with 100% attendance in all meetings.

JG Summit Footer Logo
  • 43/F Robinsons Equitable Tower ADB Avenue cor P Poveda St., Ortigas Center, Pasig City Metro Manila, Philippines
  • +632 8633 7631 to 40

OUR COMPANY

  • Company Profile
  • Our Purpose, Core Values & Ambition
  • Our History
  • Strategic Business Units, Ecosystem Plays, & Core Investments
  • Management Team
  • Organizational Structure and Conglomerate Map
  • Articles of Incorporation and By-Laws
  • Gokongwei Brothers Foundation

INVESTOR RELATIONS

  • Investor Relations Program
  • Shareholdings Structure
  • Shareholders Information
  • Quarterly Reports
  • Annual Reports
  • Sustainability Reports
  • Financial Results
  • IR Presentations
  • Calendar of Events

CORPORATE GOVERNANCE

  • Overview
  • Board and Board Committees
  • Shareholders
  • Stakeholders
  • CG Manual and Policies
  • Compliance Reports

HELPFUL LINKS

  • Disclosures
  • Sustainability
  • Careers
  • Contact Us
  • Privacy Statement

Our Strategic Business Units, Ecosystem Play, Core Investments & Affiliates

  • Universal Robina Corporation (URC)
  • Cebu Pacific (CEB)
  • Robinsons Land Corporation (RLC)
  • JG Summit Olefins Corporation Group (JGSOC)
  • JG Digital Equity Ventures Inc. (JGDEV)
  • Data Analytics Ventures, Inc. (DAVI)
  • GoTyme Bank
  • DHL Summit Solutions
  • Luzon International Premier Airport Development (LIPAD) Corporation
  • PLDT, Inc. (PLDT)
  • Manila Electric Company (Meralco)
  • Singapore Land
  • BPI
  • Aspen Business Solutions, Inc

© 2023 All Rights Reserved. JG Summit Holdings, Inc.

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