Appointment of Social and Ethics Committee

Private or personal liability companies with a Public Interest Score (PIS) above 500 in any two of the preceding five (5) years are required to have a Social and Ethics Committee.  Companies may apply for exemption from having a Social and Ethics Committee to the Companies Tribunal. Subsidiaries of companies that have a Social and Ethics Committee are not required to have a committee.

  • Social and Ethics Committees are responsible to monitor a company‚Äôs activities with regard to its contribution to  
    • Social and economic development;
    • Good corporate citizenship;
    • Environment, health and public safety;
    • Consumer relationships; and?
    • Labour and employment.

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