Enhanced Business Conduct Training Program Launched by JG Summit Holdings, Inc.
JG Summit Holdings, Inc. (JGS) has launched an enhanced training program for its management executives, directors, and key officers to maintain its commitment to corporate governance and ethical business practices.
Promoting Transparency, Accountability, and Ethical Conduct
The program is designed to ensure that all employees are familiar with the company’s business and governance processes. It will provide orientation on duties and responsibilities for new appointees, promoting a culture of transparency, accountability, and ethical conduct throughout the organization.
Annual Training Sessions on Corporate Governance
As part of the program, each director and key officer will be required to attend an annual training session on corporate governance (CG) and relevant topics. The sessions will focus on emerging risks, CG matters such as audit, internal controls, risk management, sustainability, and strategy, as well as other business-related issues.
Program Coordination and Scheduling
The company’s Corporate Governance Compliance Group (GCG-Compliance) will coordinate the training program, ensuring that all subsidiaries of JGS receive opportunities to participate. The group will also handle the scheduling of trainings, secure SEC accreditation, and ensure compliance with regulatory requirements.
Anti-Bribery and Anti-Corruption Training Program
In addition, JGS has introduced an anti-bribery and anti-corruption training program to reinforce its ethical standards and behavioral expectations. This program is designed to educate employees on the company’s Code of Business Conduct, Anti-Corruption Programs, and other relevant policies and procedures.
Managing Complaints and Reports
The company’s Integrity and Ethics Council (IECON) Secretariat will play a crucial role in managing complaints and reports received from various channels. The IECON Secretariat will conduct preliminary evaluations, endorse investigations, and provide reports to the Board Committee on its activities for the previous calendar year.
Commitment to Corporate Governance and Ethics
“We are committed to maintaining a culture of integrity, transparency, and accountability within our organization,” said [Name], JG Summit Holdings, Inc.’s General Counsel. “Our enhanced training program is designed to promote ethical business practices and ensure compliance with regulatory requirements.”
SEC Accreditation
The company’s commitment to corporate governance and ethics has been recognized by the Securities and Exchange Commission (SEC), which has accredited its Compliance Manual and other relevant policies.
Strengthening Reputation as a Responsible Business Entity
By implementing this comprehensive training program, JG Summit Holdings, Inc. aims to further strengthen its reputation as a responsible and ethical business entity in the industry.