Governance Workshops

Company Secretary Development Program (CSDP)

Effective Company Secretaries are more valuable than ever. They require up-to-date skills, network and expertise.

Upon completion, participants will obtain the knowledge and skills to develop a tailored approach to their own organizational situation, and insights into how they can support their board on its strategic journey.

Board Evaluation Workshop

• The why, what and how of conducting effective evaluations

Boards have an overall responsibility to approve and oversee the implementation of the company’s strategic objectives and, therefore, need to act on a fully informed basis in the best interest of the organization and its stakeholders. In recent years, with the increased complexity, uncertainty, opportunity and risk in business environments globally, the corporate world has seen an increase in the number of examples of board oversight failures resulting in increased pressure from stakeholders for companies to better explain and achieve current and long-term corporate performance.

Investors, regulators and other stakeholders are seeking greater board effectiveness and accountability and are increasingly interested in board evaluation processes and results. In Pakistan, the Securities and Exchange Commission of Pakistan & the State Bank of Pakistan have issued a number of directives and regulations around the process of board evaluations in the form of the various Codes of Corporate Governance and guidelines. Therefore, it is important for companies to understand the benefits, types, process and key elements of best practices in this regard and this workshop aims to cater to just that.

Road To Sustainability – ESG 101

Environmental, Social & Governance

Conducting responsible business has gained increasing attention over the past few years with many institutional investors increasingly financing only those companies that provide appropriate “Environment Social and Governance” (ESG) reporting and disclosures. In fact, the reporting of ESG factors has become relevant to all stakeholders, including analysts and investors, consumers and employees, civil society and regulators.

Section 204 of the Companies Act 2017 requires directors of companies  to act in good faith in order to promote the objective and act in the best interests of the company, its employees, the shareholders, the community and for the protection of environment. Hence, the importance of the triple bottom line of ‘people, planet and prosperity’ cannot be emphasized enough.

This workshop therefore aims to create awareness for those charged with governance on the ways in which embedding ESG in decision making processes is in fact good for business and risk management. Why and how companies should act as stewards of nature, manage stakeholder relationships and act ethically whilst improving their bottom lines and overall long term sustainability.

Regulatory Corporate Governance Framework for Public Sector Companies

Public Sector Companies (PSCs) have an enhanced accountability to the public at large along with ensuring the efficient running of their companies. Consequently, directors of such companies are expected to possess a good understanding of the specific context within which the PSC operates, including its operations and environment, awareness of its values and standards of probity and accountability as well as their duties as directors.

The Securities and Exchange Commission of Pakistan (SECP) has advised PSCs to ensure that directors are well conversant with corporate laws and practices and Board members are acquainted with the wider scope of responsibilities concerning the use of public resources, to act in good faith and in the best interests of the PSC.