Yangon, Myanmar — February 28th, 2017
Irrawaddy Green Towers (IGT) became the first company to volunteer to be benchmarked under MCRB’s ‘Mini Pwint Thit Sa’ initiative.
The Mini Pwint Thit Sa is for medium-sized companies who wish to have their transparency and website disclosure rated according to the same 35 criteria as for the annual Pwint Thit Sa survey.
This process is for medium-sized companies who wish to have their transparency and website disclosure rated according to the same 35 criteria as for the annual Pwint Thit Sa survey.
The company scored a total of 3.27, which put it as 14th amongst the largest 100 Myanmar companies included in the main report. IGT scored 1.41/3.33 for their disclosure concerning their anti-corruption programme and 0.56/3.33 on organizational transparency. 1.3/33 on human rights, health, safety and the environment.
Vicky Bowman, Director, MCRB said “We welcome Irrawaddy Green’s commitment to have its website disclosure and transparency benchmarked against the 35 Pwint Thit Sa questions. I hope that other Myanmar companies will volunteer to be included. This demonstrates their commitment to transparency and good corporate governance,”
Mr. Ayad Chammas CEO, IGT said, “At IGT, we value accountability, fairness and transparency in how we operate and in our relationship with all stakeholders. And over the last 3 years, we have built the governance framework required and introduced policies and procedures to reflect this in our day-to-day operations. I would like to take this opportunity to thank all the employees who have played a crucial role in raising awareness about and in implementation of such a framework.
The efforts being made by MCRB to promote transparency through comprehensive and proactive disclosures are commendable and we are happy to be a part of this initiative.”