This communique was officially gazetted in 2014 with the purpose of determining the principles of corporate governance, principles and procedures on related party transactions to be applied by corporations. A company has to report in the Annual Report on its compliance with the principles. According to Annex 1, companies are required to include in the Annual Report (Section 2.2.2.g) information on the social rights and professional training of employees, as well as corporate social responsibility initiatives to address corporate activities that have significant social and environmental impacts.
Industry sectors covered by the instrument
Organizations covered by the instrument
All listed companies
Type of instrument
Code of conduct or guideline
Mandatory or voluntary
The geographical scope