Corporate Governance

Company Policies

Whistle-Blowing Policy

Any employee may discuss or disclose in writing any concern on potential violation of the Code of Business Conduct with the Conflicts of Interest Committee. Reports or disclosures can be made in writing or by email using the following contact details:

a. email address

b. fax number

c. mailing address
JG Summit Holdings, Inc.
44th Flr. Robinsons Equitable Tower
ADB Avenue, Cor., Poveda Road, Pasig City

Must be sent in a sealed envelope clearly marked "Strictly Private and Confidential-To Be Opened by Addressee Only"

The complaint shall be filed using the Complaint/Disclosure Form (CDF). Download: Complaint Disclosure Form

All information received in connection with the reports or disclosures shall be strictly confidential and shall not be disclosed to any person without prior consent of CICOM.

Insider Trading Policy

The Company observes strict compliance with the Exchange's Trading Rules and Restrictions, emphasizing the need for transparency and fairness in its transactions in order to fully apprise its investors of its current activities The Company is guided by, observes and complies with provisions of the Securities Regulation Code (RA Act No. 8799) with regard to the Prohibition on Fraud, Manipulation and Insider Trading.

The Company complies with the provisions of law set forth in the Securities Regulations Code and shall implement policies and procedures to prevent the unauthorized disclosure or misuse of material, non-public information in securities trading to preserve the reputation and integrity of the Company.

Download: Summary Insider Trading Policy (PDF)

Conflict of Interest Policy

The Company's Code of Business Conduct and Conflicts of Interest Policy require employees to make a conscious effort to avoid conflict of interest situations; that his judgment and discretion is not influenced by considerations of personal gain or benefit. A conflict of interest may also occur because of the actions, employment, or investments of an immediate family member of an employee.

Related Party Transaction

Describe the company's policies and procedures for the review, approval or ratification, monitoring and recording of related party transactions between and among the company and its parent, joint ventures, subsidiaries, associates, affiliates, substantial stockholders, officers and directors, including their spouses, children and dependent siblings and parents and of interlocking director relationships of members of the board.

Related Party Transactions Policies and Procedures
1. Parent Company The Company applies the "arm's-length principle" in transactions entered into with the Parent Company.
2. Joint Ventures Treated as arm's-length transaction
3. Subsidiaries Treated as arm's-length transaction
4. Entities Under Common Control Treated as arm's-length transaction
5. Substantial Stockholders Treated as arm's-length transaction
6. Officers including spouse/ children/ siblings/ parents Treated as arm's-length transaction
7. Directors including spouse/ children/ siblings/ parents Treated as arm's-length transaction
8. Interlocking director relationships of Board of Directors

The Company, adopts by law, the rules pertaining to interlocking directors, as follows:

a) If the interests of the interlocking director in the corporations are both substantial (stockholdings exceed 20% of capital stock)

General Rule: A contract between two or more corporations having interlocking directors shall not be invalidated on that ground alone. Exception: If the contract is fraudulent or not fair and reasonable.

b) If the interest of the interlocking director in one of the corporations is nominal while substantial in the other (stockholdings 20% or more), the contract shall be valid provided the following conditions are present:

  1. The presence of such director in the board meeting in which the contract was approved was not necessary to constitute a quorum for such meeting;
  2. That the vote of such director was not necessary for the approval of the contract;
  3. That the contract is fair and reasonable under the circumstances.

Where (1) and (2) are absent, the contract can be ratified by the vote of the stockholders representing at least 2/3 of the outstanding capital stock or by the vote of the stockholders representing at least 2/3 of the members in the meeting called for the purpose. Provided that:

  1. Full disclosure of the adverse interest of the directors/trustees involved is made on such meeting;
  2. The contract is fair and reasonable under the circumstances.

Stakeholders Health, Safety and Welfare


The Company is committed to undertake all reasonable steps to ensure the health, safety and welfare for the best interest of our stakeholders and the communities where we live and work by complying with the provisions of law, industry rules and regulations, standards of independent accreditation bodies where the Company obtained accreditation, and contractual obligations. This policy aims to:

  1. Provide a guiding principle to ensure health, safety and welfare of the Company's stakeholder.
  2. Identify responsibility and accountability of every personnel and department in the organization to ensure the health, safety and welfare of stakeholders.
  3. Integrate health and safety practices in all activities to ensure efficiency and quality of products and services.

This policy shall define the guiding principles and responsibilities for managing health, safety and welfare of the stakeholders of JG Summit Holdings, Inc. (JGSHI), its subsidiaries and affiliates.

Download: Health, Safety and Welfare Policy


The Company abides by safety, health, and welfare standards and policies set by the Department of Labor and Employment. Likewise, the Company has Security and Safety Manuals that are implemented and regularly reviewed to ensure the security, safety, health, and welfare of the employees in the work place.

To ensure that the employees of the Company maintain a healthy balance between work and life, health and wellness programs are organized for these employees. Professionals are invited to conduct classes of Zumba, Tai Chi, and other activities in our work site. The Company has also partnered with fitness gyms to offer special membership rates to employees. This is in addition to the free use of gym facilities in the different installations.

Year on year, the Company has facilitated vaccinations such as against flu and cervical cancer that are offered not only to employees but to their dependents as well. The Company has worked with healthcare providers in identifying top diseases based on utilization report and has invited resource speakers to talk about preventive measures.

To ensure the safety of the Company's employees, a Corporate Emergency Response Team (CERT) has been created that will be activated and will become the "command center", orchestrating initiatives across the conglomerate during a crisis. Also, the CERT shall be responsible for the periodic review of contingency plans and the institution's emergency preparedness and response procedures to ensure that effective responses and responsible policies are in place to deal with crisis or emergency situations.

Company Trainings and Development Programs for Employees

The Company continuously provides learning and development opportunities for its employees through the John Gokongwei Institute for Leadership and Enterprise Development or what is commonly known as JG-ILED.

JG-ILED is the leadership platform for systematic and sustained development programs across the conglomerate. Its mission is to enable a high performing organization that will facilitate the learning process and develop the intellectual and personal growth of all employees through targeted and customized trainings and development programs.

JG-ILED curriculum comprises of the following:

Core Program - programs designed to ensure employees have the foundation needed to perform job effectively. It also covers key people skills training that will help supervisors and managers in leading their teams to perform to the optimum level.

  • Basic Management Program (BMP)
  • Coaching for Effectiveness (CFE)
  • Problem Solving and Decision Making (PSDM)
  • Employee Discipline Program (EDP)
  • Achieving Customer Service Excellence (ACE)

Management Development Program – programs that aims to enhance the leadership capability and business acumen of all leaders

  • Finance for Senior Executives
  • Strategic Communication Program
  • Executive Coaching Program
  • Advanced Negotiation Skills
  • Leading and Managing Change

Human Resources Development Program - courses designed to ensure employees have a common understanding of the HR processes and systems by which the Company operates.

  • Job Evaluation
  • Competency-Based System
  • Organization Design and Manpower Planning
  • Labor Relations Management
  • Performance Management System
  • Targeted Selection-Competency Based Interviewing

The Company upholds creditors' right by honoring contracted obligations and providing information required under the Revised Disclosure Rules and the Securities Regulation Code, if applicable, audited financial statements prepared compliant with applicable financial reporting standards, and other periodic reports compliant with the provisions of law, loan covenants and other regulatory requirements.

This policy aims to:

  1. Provide the guiding principles to ensure protection of creditors' rights.
  2. To identify the duties of responsible departments in protecting the rights of creditors.

This policy shall cover the documentation, reporting and disclosure requirements to promote transparency for the protection of the rights of creditors of JG Summit Holdings, Inc. (JGSHI), its subsidiaries and affiliates.

Download: Protection of Creditors' Rights Policy