Question

Y / N

Compliance Reference

I. STAKEHOLDER RELATIONSHIPS
1. Does the GOCC disclose a policy that:
     a. Stipulates the existence and scope of its effort to address customer’s welfare? Y Sec 38, MWSS Manual on Corporate Governance (MMCG)

 

     b. Elaborates its effort to interact with the communities in which they operate? Sec 40, MMCG;
     c. Ensure that its value chain is environmentally friendly or is consistent with promoting sustainable development? http://mwss.gov.ph/corporate-governance-scorecard/csr-statement-3/
2. Does the GOCC disclose the activities that it has undertaken to implement the following:
     a. Customer health and safety Y Sec 42, MMCG; AR 2018 entitled Patubig sa Albay; MWSS joins the annual R.A.C.E. to Serve Fun Run 2018
     b. Interaction with the communities Y AR 2018 entitled MWSS gift-giving tradition to Dumagats continues 2018; A Million Tree Challenge Program in 2018; MWSS’ participation in Manila Bay Program; MWSS Holds First-Ever Cultural Sensitivity Training with NCIP
     c. Environmentally- friendly value chain? Y AR 2018 entitled A Million Tree Challenge Program in 2018; MWSS’ participation in Manila Bay Program; MWSS Holds First-Ever Cultural Sensitivity Training with NCIP
3. Does the GOCC have a separate CSR report/section? Y Sec. 37-CSR Principles, MWSS Manual on Corporate Corporate Governance (MMCG)
4. Where stakeholder interests are protected by law, stakeholders should have the opportunity to obtain effective redress for violation of their rights. Y Sec. 37-CSR Principles, MWSS Manual on Corporate Corporate Governance (MMCG)
     a. Does the GOCC provide contact details of concerned officers, feedback officer (tel no. email address, other vital info?) Y https://mwss.gov.ph/contact/
5. Performance-enhancing mechanisms for employee participation should be permitted to develop.
     a. Does the GOCC explicitly mention the health, safety and welfare policy for its employees? Y CNA 2014-2017 – Article IX

MWSS Manual on Corporate Governance (MMCG)   Pages 12, 19-20, Section 31

MWSS Employee’s Briefing Manual, pp. 9-11

     b. Does the GOCC publish data relating to health, safety and welfare of its employees? Y MWSS Manual on Corporate Governance (MMCG)    Sec 42

AR 2018 entitled Patubig sa Albay: Mobile Water Treatment Plant Assistance, e. MWSS joins the annual R.A.C.E. to Serve Fun Run 2018, Carriedo Cup Sportefest 2018, MWSS’ participation in Manila Bay Program

     c. Does the GOCC have training and development programs for its employees? Y Competency Based Learning and Development Plan
     d. Does the GOCC publish data on training and development programs for its employees? Y Competency Based Learning and Development Plan
6. Stakeholders including individual employees and their representative bodies, should be able to freely communicate their concerns about illegal or unethical practices to the board and their rights should not be compromised for doing this.
     a. Does the GOCC have procedures for complaints by employees concerning illegal and unethical behavior?
     b. Does the GOCC have procedures to protect an employee from retaliation?
II. DISCLOSURE AND TRANSPARENCY
7. Quality of Annual Report
     a. Does the GOCC’s Annual Report disclose the ff:
     a. 1 Corporate Objectives Y AR 2018 entitled 2018 Performance Evaluation Scorecard (PES):  Another year of growth and improved operating performance
     a. 2 Financial Performance Indicators Y AR 2018 entitled Financial Statement

  1. Cover
  2. Flyleaves
  3. Auditor’s Report
  4. Mgmt. Responsibility
  5. FS
  6. Notes
     a. 3. Non-financial performance indicators Y AR 2018 entitled 2018 Performance Evaluation Scorecard (PES): Another year of growth and improved operating performance; https://mwss.gov.ph/wp-content/uploads/2018-PES-Scorecard-4th-quarter-monitoring.pdf; https://mwss.gov.ph/wp-content/uploads/3rd-qtr-monitoring-report.pdf; https://mwss.gov.ph/wp-content/uploads/1st-and-2nd-Qtr-2018-Monitoring-Report.pdf
     a. 4 Details of whistleblowing policy
     a. 5 Biographical details of directors Y https://mwss.gov.ph/transparency-seal-2/

2018 Board of trustees’ Profiles:

     a. 6 Training and/or continuing education program attended by each director
8. Are the annual reports downloadable from the GOCC’s website? Y https://mwss.gov.ph
9. Corporate Governance Confirmation Statement
     a. Does the annual report contain a statement confirming the company’s full compliance with the code of corporate governance and where there is non-compliance, identity and explain reasons for each such issue? Certificate of Compliance -Code of Corporate Governance
10. Timely filing/release of annual/financial reports Y AR 2018 Financial Statement

  1. Cover
  2. Flyleaves
  3. Auditor’s Report
  4. Mgmt. Responsibility
  5. FS
  6. Notes
     a. Are the audited annual financial report/statement released within 60 days upon receipt from COA? Y https://mwss.gov.ph/transparency-seal-2/iatf-requirements-for-2018-pbb/
     b. ls the annual report released within 90 days from release of audited financial report? https://mwss.gov.ph/transparency-seal-2/iatf-requirements-for-2018-pbb/
     c. ls the true and fairness/fair representation of the annual financial statement/reports affirmed by the board of directors/commissioners and/or the relevant officers of the company? https://mwss.gov.ph/wp-content/uploads/SMR-for-AITR-2018.pdf
Responsibilities of the Board
11. Corporate Vision/Mission https://mwss/gov.ph/transparency-seal-2/iatf-requirements-for-2018-pbb/

Vision

Mission

     a. Has the Board of Directors reviewed the vision and mission/strategy in the last financial year? Y
     b. Does the Board of Directors monitor/oversee the implementation of the corporate strategy? Y p11, MMCG
12. Did the GOCC achieve 90% in the PES? Y Validation Result of MWSS-CO’s 2018 Performance Scorecard per GCG letter dated 9 September 2019
13. Code of ethics or conduct
     a. Are the details of the code of ethics or conduct disclosed? Y Code of Conduct & No gift Policy
     b. Does the GOCC disclose that all Directors/Commissioners, senior management and employees are required to comply with the code? Y Code of Conduct & No gift Policy
     c. Does the company disclose how it implements and monitors compliance with the code of ethics or conduct? Y Code of Conduct & No gift Policy
14. Does the Board appoint a Nomination and Compensation / Remuneration Committee? Not Applicable
15. Did the Nomination and Compensation/Remuneration Committee meet at least twice during the year? Not Applicable
16. If yes, is the report of the Nomination and Compensation/Remuneration Committee publicly disclosed? Not Applicable
17. Does the Board appoint an Audit Committee? Y Board Resolution No. 044 CO dated 8 MArch 2018 and MWSS Manual of Corporate Governance Section 19.2.2
18. lf yes, is the report of the Audit Committee publicly disclosed? N
19. Does at least one member of the Audit Committee have an audit, accounting or finance background (qualification or experience)? Y Business Management Degree – ARMC Chairman
20. Did the Audit Committee meet at least four times during the year? Y Summary of Meetings
21. Does the Board appoint a Risk Management Committee? Y Board Resolution No. 044 CO dated 8 March 2018
22. If yes, is the report on Risk Management Committee publicly disclosed? Y ISO Findings
23. Does at least one member of the Risk Management Committee have a background in finance and investments? Y Business Management Degree – ARMC Chairman
24. Board meetings and attendance
     a. Are the Board of Directors meetings scheduled at the beginning of the year? (end of Q1 ) Y By-Laws-Section 3
     b. Does the Board of Directors meet at least monthly? Y Summary of Attendance
     c. Did the Board of Directors meet on at least 75% on their scheduled meetings? Y iPED – attendance
     d. Has each of the directors/commissioners attended at least 90% of all the board meetings held during the year? Y iPED – attendance
     e. Did the Board of Directors meet separately at least once during the year without the President/CEO present? N
25. Access to information
     a. Does the GOCC have a policy that stipulates board papers for Board of Directors/Commissioners meetings be provided to the Board at least three (3) working days in advance of the board meeting? Y By-Laws Sec. 10 (a) and Memorandum dated June 1, 2018 Re: Submission of Board Secretariat
     b. Is the Board Secretary trained in legal, accountancy or company secretarial Practices? Y Bachelor of Laws/Juris Doctor
26. Internal Audit
     a. Does the company have a separate internal audit function? Y MWSS Manual of Corporate Governance Section 20 and Board Reso No. 2018-057-CO-TWG-ARMC
     b. Does the appointment and removal of the internal auditor require the approval of the Audit Committee? N MWSS Charter R.A. 6234 Section 8(d)(3)
27. Risk Oversight
     a. Does the company disclose the internal control procedures/risk management systems it has in place? Y ISO Findings
     b. Does the Annual Report disclose that the Board of Directors/Commissioners has overseen a review of the company’s material controls (including operational, financial and compliance controls) and risk management systems? Y
     c. Does the company disclose how key risks are managed? Y ISO Findings
     d. Does the Annual Report contain a statement from the Board of Directors or Audit Committee commenting on the adequacy of the GOCC’s internal controls/risk management systems? Y
28. Do different persons assume the roles of Chairman and CEO? Y Appointment papers of the BOT Chairman and the MWSS-CO Administrator
29. Board of Directors Development
     a. Does the GOCC have orientation programmes for new Directors? Y External Provider

Development Academy of the Philippines (DAP) on April 3-4, 2017

     b. Does the GOCC have a policy that encourages Directors/Commissioners to attend ongoing or continuous professional education programmes? N
     c. Did all Appointive Directors attend at least 1 training for the calendar year? Y In-house training arranged by HRODL-MWSS-CO

Office Order No. 2018-66 dated May 7, 2018

30. Board Appraisal
     a. Is an annual performance assessment conducted of the Board of Directors? Y Director’s Dashboard

iped.gcg.gov.ph

     b. Does the GOCC disclose the process followed in conducting the Board assessment? Y Director’s Dashboard

iped.gcg.gov.ph

     c. Does the GOCC disclose the criteria used in the Board assessment? Y Director’s Dashboard

iped.gcg.gov.ph

31. Committee Appraisal
     a. Is an annual performance assessment conducted of the Board of Directors Committees? Y Director’s Performance Review (DPR)

Remarks: iped.gcg.gov.ph

BONUS
STAKEHOLDER RELATIONSHIPS
1. Does the GOCC practice Global Reporting lndex (GRl) on its annual reports?
DISCLOSURE AND TRANSPARENCY
2. Quality of Annual Report
1. Are the audited annual financial report/statement released within 30 days upon the receipt from COA? Y https://mwss/gov.ph/transparency-seal-2/iatf-requirements-for-2018-pbb/
PENALTY
RESPONSIBILITIES OF THE BOARD
1. Are there members of the Board of Directors who hold more than five (5)
positions in GOCCs and PLCs?
2. ls there non-compliance with Good Governance Conditions?