Converge ICT Solutions Inc. secured two major awards at the ASEAN Corporate Governance Awards 2025 in Kuala Lumpur. The company ranked among the Top 5 Philippine Publicly Listed Companies and the Top 50 PLCs in ASEAN.
These awards are based on the ASEAN Corporate Governance Scorecard (ACGS), jointly evaluated by the Minority Shareholders Watch Group, ASEAN Capital Markets Forum, and the Asian Development Bank. The recognition reflects Converge’s strong governance framework, transparency, and corporate responsibility.
Converge Chairman Jose “Ping” de Jesus emphasized the company’s ethical approach, saying, “Corporate housekeeping is not just a matter of compliance. It defines how we run our business.”
Corporate Sustainability Officer Atty. Laurice Esteban-Tuason said Converge’s performance stands out. “We remain the only non-conglomerate in the Top 5. That speaks volumes. The ACGS now uses stricter metrics, and we still exceeded expectations.”
President and Co-Founder Grace Uy added, “We are growing responsibly. This is by design, not chance. Governance, not just revenue, defines our path.”
Converge’s Board Risk Oversight Committee leads its sustainability drive. The company adheres to the UN Global Compact and meets international sustainability reporting standards.
In 2024, Converge reported zero confirmed corruption incidents and no customer data breaches. Its Board members took continuing governance training with a focus on tech and cybersecurity. The Whistleblowing Policy now includes human rights protection and encourages anonymous reporting.
This ASEAN-level recognition follows the Three Golden Arrow Award Converge earned from the Institute of Corporate Directors in 2024. Sustainalytics also classified the company as “low-risk” in ESG metrics. MSCI upgraded its ESG rating to “AA” in 2023.
The ACGS now aligns with G20 and OECD standards. According to SEC Chair Atty. Francis Lim, “The bar has been raised, and companies like Converge are leading the way.”
