L-R: Atty. Katrina Clemente-Lua (FLI Corporate Secretary and Corporate Information Officer), Atty. Victoria Beltran (FLI General Counsel and Compliance Officer), Venus Mejia (FLI CFO), and Atty. Jennifer Lee (FLI Assistant Corporate Secretary)
Filinvest Land, Inc. (FLI) has been honored with a 2 Golden Arrow Award at the Institute of Corporate Directors’ (ICD) ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards. This recognition marks the third consecutive year that FLI has been recognized for its exemplary corporate governance practices, having previously earned a 1 Golden Arrow Award in both 2022 and 2023.
The Golden Arrow Award is a testament to FLI's unwavering commitment to upholding the highest standards of corporate governance. As one of the Philippines' leading full-range property developers, FLI continuously exemplifies transparency, accountability, and equitable treatment of all shareholders. These principles are embedded in every facet of the company's operations, reinforcing its reputation as a trusted and reliable partner for investors, stakeholders, and the broader community.
The ASEAN Corporate Governance Scorecard (ACGS), which forms the basis for the Golden Arrow Awards, is a rigorous assessment tool used to evaluate the corporate governance practices of publicly listed companies across the ASEAN region. The scorecard measures how well companies facilitate the rights and equitable treatment of shareholders, manage relationships with various stakeholders, ensure transparency and accountability through timely disclosure of material information, and how the board of directors strategically guides the company, monitors management, and upholds its accountability.
With 184 questions covering these critical areas, the ACGS aims to elevate the corporate governance standards of Philippine companies, making them more attractive to investors both locally and internationally.
“Receiving the 2 Golden Arrow Award is an affirmation of our relentless pursuit of good governance,” said FLI President and CEO Tristan Las Marias. “We believe that strong corporate governance is the foundation of sustainable growth and long-term success. This honor motivates us to continue raising the bar in corporate governance practices.”
Filinvest Land continues to set benchmarks in the real estate industry, not only through its innovative developments and strategic investments but also by championing corporate governance excellence. As FLI looks to the future, it remains committed to continuously raising the bar in its governance framework, consistently exceeding the expectations of its shareholders and stakeholders, and securing FLI’s legacy of building the Filipino dream.
