ASEAN Corporate Governance Scorecard

The ASEAN Capital Markets Forum (ACMF), in partnership with the Asian Development Bank (ADB), have jointly developed the ASEAN Corporate Governance Scorecard (ACGS).

The ACGS is an assessment based on publicly-available information and benchmarked against international best practices.  Through the years, the ACGS has been a driving force in underpinning good corporate governance practices among publicly-listed companies.


ACGS is based on the corporate governance principles of OECD, which include: Rights and Equitable Treatment of Shareholders, Sustainability and Resilience, Disclosure and Transparency, and Board Responsibility


DMCI Holdings continues to advance its corporate governance framework—enhancing rules, practices, and processes to equitably serve the interests of its diverse stakeholders.


Over the past decade, DMCI Holdings has significantly elevated its ACGS score—from 63.96 points in 2014 to 108.11 points in 2023.  In 2024, the Company scored at 97.85 which the decrease pertains to the significant changes to the 2024 ACGS assessment framework adopting the new G20/OECG Principles of Corporate Governance.  The Company still garnered the 3 Golden Arrow award with the revised thresholds by the ICD.

YEAR
DMCI HOLDING, INC.
OTHER HOLDING FIRMS
TOP 100

2014

63.96

56.42

67.59

2015

84.57

63.53

73.09

2016

87.66

64.01

74.59

2017

85.69

58.68

67.61

2018

91.67

60.96

75.47

2019

100.70

63.93

77.24

2020

104.45

66.95

78.95

2021

96.64

72.58

87.55

2022

102.03

75.50

90.68

2023

108.11

75.24

75.71

2024

97.85

74.64

89.27




Holdings, Inc. has been recognized for the third straight year with a 3 Golden Arrow award at the prestigious ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards. DMC has been an awardee of ACGS since 2019.


The Golden Arrow Recognition is awarded to Publicly Listed Companies (PLCs) and Insurance Companies (InsCos) in the Philippines that achieved the scores of at least 80 points in the ACGS Assessment. Five (5) levels of performance in corporate governance were bestowed. Each ascending level is depicted by an increasing number of golden arrows.


ACGS Awards


YEAR

AWARD

2017

One of Top Five PLC conglomerate

(Score Range – 80-89.99 pts)

2018

2-Golden Arrow Awardee
(Score Range – 90-99 pts)

2019

ASEAN Asset Class Publicly-Listed Awardee
(Score 97.5 pts and above)

3-Golden Arrow Award

(Score Range – 100-109 pts.)

2021


2-Golden Arrow Award

(Score Range – 90-99 pts.)

2022



3-Golden Arrow Award

(Score Range – 100-109 pts.)

2023



3-Golden Arrow Award

(Score Range – 100-109 pts.)

2024


3-Golden Arrow Award

(Score Range – 95 -105 pts.)





Corporate Office

3F DACON BUILDING, 2281 CHINO ROCES AVENUE
MAKATI CITY, 1231 PHILIPPINES

TEL: +(632) 8-888-3000