Manila Water's corporate governance is based on the policies listed in its Corporate Governance Manual, which was adopted by the board of directors in May 2004, amended in November 2007 and further revised in April 2010. The Manual identifies the responsibilities of the board of directors and management in relation to good corporate governance. It also lays down the Company's audit and compliance system and its policies on conflict of interest. The Manual further provides for the rights of all shareholders and the protection of the interests of minority stockholders.

In April 2010, the Audit and Governance Committee endorsed and the Board approved the revisions to the Manual that seek to enshrine best practices in corporate governance.  The revisions made are in compliance with the SEC Memorandum Circular No. 6, Series of 2009.

Download the PDF