GEI’s Corporate Governance objectives are to enhance shareholders’ long-term value by encompassing policies, processes and authorities, disclosures, reporting transparency, and to ensure strict implementation to achieve effective and efficient managing of the business operations. Also, Corporate Governance ensures compliance with the government statutory regulations, ESG and CSR while promoting the Company’s Code of Business Conduct and Ethics throughout the Company’s operations.
Core Principles
GEI anchors its Corporate Governance initiative on the following core principles:
- The roles of the Board of Directors are oversight and planning and ensuring the strategic guidance of the Company. They are also responsible for and have the fundamental duty of overseeing the performance of the Management of the Company on behalf of shareholders, investors, partners, funders and stakeholders;
- Environmental Social Governance (ESG) and Corporate Social Responsibility (CSR) Sustainability Reporting; and
- Management ought to have the freedom to drive the enterprise forward without undue restraints: Ensure accountability while facilitating effective managing of the business and efficiency in operations. Clearly define objectives of fairness, transparency, professionalism, trusteeship and accountability. We believe that any meaningful policy on Corporate Governance must provide empowerment with clear roles in perpetuating a successful business and optimizing long-term financial returns. Also, simultaneously creating a mechanism that ensures that decision-making powers vested are used with care and responsibility to meet stakeholders’ aspirations and societal expectations.
Core Principles
GEI anchors its Corporate Governance initiative on the following core principles:
- The roles of the Board of Directors are oversight and planning and ensuring the strategic guidance of the Company. They are also responsible for and have the fundamental duty of overseeing the performance of the Management of the Company on behalf of shareholders, investors, partners, funders and stakeholders;
- Environmental Social Governance (ESG) and Corporate Social Responsibility (CSR) Sustainability Reporting; and
- Management ought to have the freedom to drive the enterprise forward without undue restraints: Ensure accountability while facilitating effective managing of the business and efficiency in operations. Clearly define objectives of fairness, transparency, professionalism, trusteeship and accountability. We believe that any meaningful policy on Corporate Governance must provide empowerment with clear roles in perpetuating a successful business and optimizing long-term financial returns. Also, simultaneously creating a mechanism that ensures that decision-making powers vested are used with care and responsibility to meet stakeholders’ aspirations and societal expectations.
Policies, Procedures and Manuals
As part of Corporate Governance, the Company maintains the following document policies, procedures and manuals:
- Corporate Governance Hand-Book;
- ESG & CSR Sustainability Policy
- Board Charter Manual;
- Anti-Money Laundering & Countering Financing of Terrorism Policy;
- Anti-Bribery & Anti-Corruption Policy (AB & AC;
- Financial & Procedure Manual;
- Marketing Strategic Plan;
- Human Resource Policy;
- Code of Business Conduct & Ethics; and
- Health, Safety & Environmental Policy.
