We embrace the tenets of good corporate governance, including accountability, transparency and sustainability.
We believe that practising good corporate governance is essential to ensuring long-term business viability and growth, while safeguarding CLAS' assets and Stapled Securityholders' interests. CLAS' Boards lead by example and are responsible for the Managers' corporate governance standards and policies, underscoring the importance of good corporate governance to CLAS.
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Corporate Governance Risk ManagementBoard Diversity Policy
CLAS' Board Diversity Policy provides for the Boards to comprise talented and dedicated directors with a diverse mix of expertise, experience, perspectives, skills and backgrounds, with due consideration to diversity in gender, age, tenure, ethnicity and culture, and geographical background including nationality, as well as any other relevant aspects of diversity.
Embracing diversity helps the Boards avoid groupthink, encourages constructive debate, and strengthens decision-making by drawing on all available talent and perspectives.
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Fraud, Bribery and Corruption Risk Management Policy
We adopt the Fraud, Bribery and Corruption (FBC) Risk Management Policy, which reiterates our strong stance against FBC and sets the overarching approach in managing FBC risks.
We also have in place a policy on the prevention of money laundering and terrorism financing and always remain alert to suspicious transactions.
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Whistle-blowing Policy
The whistle-blowing (WB) policy aims to provide employees and external parties who have dealings with the Managers with a well-defined, accessible and trusted channel to report grievances, suspected FBC, dishonest practices or other improprieties in the workplace.
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