Bonus
Part | Criteria | Explanation 2020 | Evidence 2019 |
---|---|---|---|
(B) B.1.1 | Does the company release its notice of AGM (with detailed agendas and explanatory circulars), as announced to the Exchange, at least 28 days before the date of the meeting ? | IPCM has submitted and released the Notice of AGM, which included detailed agenda of more than 28 days, although this was a result of the AGM postponement, one of whic was due the dat of the meeting ? | - |
(B) C.1.1 | Does the company adopt an internationally recognized reporting framework for sustainability (i.e. GRI, Integreted Reporting, SASB) ? | The Sustainability Report is prepared based on Global Reporting Initiative (GRI) standards and is prepared separately from the Annual Report. | - |
(B) E.1.2 | Does the company have a policy and disclose measurable objectives for implementing its board diversity and report on progress in achieving its objectives ? | The board diversity policy (BOard of Commissioners and Board of Directors) is disclosed in the IPCM Annual Report. | - |
(B) E.5.1 | Does the board describe its governance process arount IT issues including disruption, cyber security, disasted recovery, to ensure that all key risks are identified managed and reported to the board ? | As disclosed in the Annual Report, IPCM has built Information Technology Infrastructure, including hardware and software, for server, the Company already has a backup server. | - |
Penalty
Part | Criteria | Explanation 2020 | Evidence 2019 |
---|---|---|---|
(P) E.4.2 | Do independent non-executive directors/commissioners receive options, performance shares or bonuses ? | Accroding to the AGM resolutions on July 15, 2020, in the 4th agenda, the Board of Directors, and Board of Commissioners received bonuses (in this case, including Independent Commissioners). | - |