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10
STRENGTHENING CORPORATE
GOVERNANCE
82 ENVIRONMENTAL, SOCIAL AND GOVERNANCE REPORT 2020 STRENGTHENING CORPORATE GOVERNANCE 83
10 STRENGTHENING CORPORATE

GOVERNANCE

Turning Promises into Action

A high standard of corporate governance is a signal to stakeholders, including investors,
that a company is well managed, ethical and transparent. At Towngas, we maintain
corporate policies and guidelines to ensure good corporate governance, with relevant
whistleblowing channels in place for reporting improprieties. We have also implemented
a robust risk management framework in preparation for any contingency in the ever-
changing business environment.

To embed our corporate culture of integrity and ethics into the mindset of our staff,
we provide comprehensive mandatory training for all new joiners, as well as regular
refresher training and promotion campaigns to ensure their knowledge is up-to-date.

2020 Performance Highlights Future Actions and Targets

Reinforced our culture of Launch diversified campaigns for all
integrity and launched levels of employees to reinforce our
e-learning modules to further corporate culture of Courtesy,
promote business ethics Craftsmanship and
Integrity

Ensured the effectiveness Promote business ethics
of our risk management and compliance by regularly
framework by continuously reviewing relevant policies and
mitigating risks that may have a guidelines, and carrying out training
significant impact on our business and internal audits

Review the effectiveness of
our risk management
RISK
framework to keep abreast of
management
the changing business environment