The Energy Chamber’s Corporate Governance Initiative

Background:
In 2014 the Energy Chamber successfully completed its Improving Corporate Governance in Trinidad & Tobago project, various project activities and the launch of the ECTT’s Corporate Governance Toolkit. The project began in 2011 and was partly funded by the Inter-American Development Bank’s (IDB) Multi-Lateral Investment Fund (MIF). 

It aimed at improving the corporate governance practices in both private and public interest companies creating an ethical, non-corrupt business environment. While also reducing excessive levels of risk and promoting a competitive stable economy.

The main objectives were to strengthen: institutional capacity at the upper management level, the public’s capacity for advocacy, the monitoring of governance practices and the creation of training models. These aims and objectives were achieved primarily throughout the project via targeted training and sensitisation workshops. This ultimately led to the development of the ECTT’s corporate governance toolkit.

Target Group:
This workshop is specially designed for this sector  targeting the Boards of Directors, CEOs, senior managers and ALL company decision makers throughout the organisation.

Objective:
This workshop will enable you to assess your own corporate governance practices using the Energy Chambers' on-line self-assessment tool designed for organizations in Trinidad & Tobago. Also the ECTT’s corporate governance toolkit will be provided at the workshop for your use in the identification and planning of action items for your organisation.

The workshop will illustrate how improving your organisation’s corporate governance practices can be directly linked to better performance and increased profitability for companies. This toolkit is also essential in assisting companies become compliant with the Corporate Governance National Code.