LEADING building solutions provider Holcim Philippines Inc. won its first Golden Arrow Award, which is given to companies for good practices based on the Asean Corporate Governance Scorecard (ACGS) and the Corporate Governance Scorecard.

Companies receive the Golden Arrow Award for observable conformance to the Philippine Code of Corporate Governance and internationally recommended corporate governance practices espoused by the ACGS. The Institute of Corporate Directors PH conducts the assessment using a 184-question scorecard based on publicly available disclosures on a company's website.