Governance
Integrity, Transparency,
and Accountability at the Core
Governances
Integrity, Transparency, and Accountability at the Core
At MJL Bangladesh PLC, strong governance is the foundation of our long-term sustainability, risk resilience, and stakeholder trust. We are committed to conducting business with the highest standards of ethics, transparency, and regulatory compliance, ensuring that every decision we make reflects responsible corporate citizenship. Our governance framework is aligned with SDG 16: Peace, Justice and Strong Institutions, and integrates global best practices in ESG oversight, board leadership, risk management, and compliance.
1. Board Leadership and Oversight
MJL Bangladesh PLC is governed by a highly experienced and independent Board of Directors, ensuring strategic direction, ethical governance, and sustainable value creation.
Key Features:
- Balanced Board Composition with independent non-executive directors
- Active board-level committees for Audit, Risk Management, and Nomination & Remuneration
- Regular review of ESG goals, business risks, and compliance frameworks
The board actively reviews and approves our sustainability roadmap, reflecting its deep integration into corporate governance.
2. Ethical Conduct and Anti-Corruption
We operate with zero tolerance toward corruption, fraud, and unethical practices. All employees and business partners are expected to adhere to MJLBPLC’s Code of Ethics and Business Conduct.
Compliance Highlights:
- Whistleblower Policy with anonymous reporting mechanism
- Regular ethics training and compliance awareness programs
- Internal audits and third-party compliance checks for financial and operational integrity
3. Regulatory Compliance and Transparency
As a publicly listed company, MJLBPLC maintains full compliance with:
- Bangladesh Securities and Exchange Commission (BSEC) guidelines
- International Financial Reporting Standards (IFRS)
- National labor, environment, and corporate governance laws
We maintain a transparent approach to:
- Shareholder communication
- Financial disclosures
- Risk assessments and ESG performance reporting
4. Risk Management and Data Security
We have implemented a comprehensive risk management system to address operational, financial, environmental, and reputational risks.
Key Measures:
- Regular enterprise risk assessments
- Cybersecurity protocols and data privacy policies
- Scenario planning and business continuity frameworks
5. ESG Integration and Governance Reporting
Our sustainability governance is not standalone—it is woven into strategic planning, capital allocation, and operational decision-making.
We are committed to:
- Publishing an annual sustainability report aligned with Global Reporting Initiative (GRI) standards
- Mapping ESG performance to UN SDGs
- Engaging with investors and stakeholders.
“Good governance is more than compliance—it is the compass that ensures we do the right thing, the right way, for the long term.”
Mobil is a trademark of Exxon Mobil Corporation and used under license by MJL Bangladesh PLC. MJL Bangladesh PLC is the strategic alliance partner of ExxonMobil in Bangladesh.
Head Office
Mobil House CWS (A) 13/A, Gulshan Avenue, Bir Uttam Mir Shawkat Sarak, Dhaka - 1212, Bangladesh