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​​​​​​​​​​​​​​National level​


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ASEAN CG Sc​orecard 

The ASEAN Corporate Governance Scorecard (ACGS) is an initiative by the ASEAN Capital Market Forum (ACMF) aimed at enhancing the corporate governance standards and practices of publicly listed companies (PLCs) in the ASEAN region. This initiative supports the liberalization of the ASEAN Economic Community and enhances the international visibility of well-governed ASEAN companies.

The ACGS assessment is conducted every other year on May 31. The target group comprises the top 100 publicly listed companies with the largest market capitalization from each country, including Indonesia, Malaysia, the Philippines, Thailand, Singapore, and Vietnam.


 
Assessment Criteria
 

The assessment criteria are based on the G20/OECD Principles of Corporate Governance (2023), International Corporate Governance Network (ICGN), Asian Corporate Governance Association, and the Codes of Corporate Governance of some countries, e.g., Australia and the UK. The ACGS assessors are Domestic Ranking Body (DRB) for each country, which in Thailand is the Institute of Directors (IOD). The assessment relies on publicly available information provided by companies in English such as Form 56-1 One Report, notices of meetings, shareholder meetings minutes, annual reports, and information disclosed by companies on the stock exchange's website or their own website. The assessors will scrutinize this information, evaluating both policy and its implementation in practice.

The new revision of ACGS was released in 2023, incorporating additional elements related to environmental, social, and governance (ESG) responsibility, and become effective in 2024. The ACGS assessment criteria include:​

ACGS 2021​​​>>>
ACGS 2023

1. Rights of Shareholders

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1. Rights and Equitable Treatment of Shareholders ​

2. Equitable Treatment of Shareholders

3. Role of Stakeholders

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2. Sustainability and Resilience

4. Disclosure and Transparency

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3. Disclosure and Transparency

5. Responsibilities of the Board

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4. Responsibilities of the Board​

 
 

Dow Jones Best-in-Class

Dow Jones Best-in-Class Indices ("DJ BIC") formerly known as the Dow Jones Sustainability Indices ("DJSI"), are a family of indices tracking the stock performance of leading companies worldwide in terms of economic, environmental and social criteria. The indices serve as benchmarks for institutional investors who integrate sustainability considerations into their portfolios. Companies are selected based on their sustainability performance as assessed through the S&P Global Corporate Sustainability Assessment (CSA) and the index methodology of S&P Dow Jones Indices. The indices are reviewed annually, with review results announced in April and implemented in May

Selection processes for the members of DJ BIC World and DJ BIC Emerging Markets.​

 
DJ BIC World
STEP 1: Selection of world’s large companies in terms of free float adjusted market capitalization in previous year
STEP 2: Selection of top 10% of each industry in terms of sustainability performance. Scoring will be based on an assessment on company’s sustainability performance or publicly disclosure information.
STEP 3: Selected companies must represent the industry or the selected companies must have a combined free float adjusted market capitalization not less than 15% of such industry.
 
DJ BIC Emerging Markets
STEP 1: Selection of large companies from emerging markets in terms of free float adjusted market capitalization in the previous year
STEP 2: Selection of top 10% in terms of sustainability performance of each industry. Scoring will be based on an assessment on company’s sustainability performance or publicly disclosure information. ​

Assessment Results 
 
 - DJSI Indices​

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Corruption Perception Index (CPI) is conducted by Transparency International​ (TI), an independent organization established with an aim to fight against corruption, having 120 countries network worldwide. Transparency International in collaboration with Gottingen University, Germany has conducted CPI across countries annually since 1995.
 
Assessment criteria
CPI survey is conducted on the sampling group’s perception toward corruption issue in their country.  Information contributed to Corruption Perception Index is from the survey of sources such as research polls, well-accepted international independent entities, e.g., World Economic Forum (WEF), IMD World Competitiveness Yearbook, The PRS Group International Country Risk Guide, S&P Global Insights Business Conditions and Risk Indicators, World Justice Project Rule of Law Index, Economic Intelligence Unit Country Risk Service, Political and Economic Risk Consultancy, Varieties of Democracy Project, Bertelsmann Stiftung Transformation Index. CPI indicates the perceived level of public sector corruption on a scale of 0 (highly corrupt) to 100 (very clean).​


CG Watch is an assessment on corporate governance of Asian capital markets conducted by the Asian Corporate Governance Association and CLSA Asia-Pacific Markets. The assessment covers the following areas:
 
1.    CG rules and practices
2.    Enforcement
3.    Political & Regulatory environment
4.    IGAAP (International Generally Accepted Accounting Principles)
5.  CG Culture​
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Assessment Results