Create a bespoke document in minutes, or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership of your information
Corporate Policy
I need a corporate policy document that outlines the company's commitment to sustainability, including guidelines for reducing carbon footprint, waste management practices, and employee responsibilities in supporting these initiatives. The policy should comply with local regulations and include measurable targets for improvement.
What is a Corporate Policy?
A Corporate Policy sets the ground rules for how a company operates, spelling out approved practices and decision-making guidelines that align with Singapore's regulatory requirements. It creates a clear framework for employees, managers, and stakeholders to follow, covering everything from daily operations to major business decisions.
These policies help organizations meet their obligations under key laws like the Companies Act and Code of Corporate Governance while protecting against risks and ensuring consistent practices. Good corporate policies balance legal compliance with practical business needs, giving staff clear direction on what they can and can't do in their roles.
When should you use a Corporate Policy?
Use Corporate Policies when your organization needs clear rules for critical business activities, especially during major changes like mergers, new product launches, or expansion into regulated sectors. These policies become essential when scaling operations across multiple departments or locations in Singapore, where consistent practices must align with MAS guidelines and the Companies Act.
Creating or updating policies makes sense when facing increased compliance requirements, responding to audit findings, or addressing operational risks. They're particularly valuable after incidents that expose gaps in existing procedures, when onboarding new teams, or implementing governance frameworks to meet stakeholder expectations.
What are the different types of Corporate Policy?
- Company Uniform Policy: Sets workplace dress code standards and uniform requirements, especially important in retail, hospitality, and service industries where brand image and professional appearance directly impact customer interactions. Many Corporate Policies focus on specific operational areas like this, while others cover broader topics such as IT security, financial controls, or workplace conduct. Some policies target regulatory compliance, while others address internal processes, risk management, or industry-specific requirements under Singapore law.
Who should typically use a Corporate Policy?
- Board of Directors: Approves and oversees Corporate Policies, ensuring alignment with company strategy and Singapore's governance requirements
- Legal Counsel: Drafts and reviews policies to ensure compliance with local regulations and minimize legal risks
- Department Heads: Implement policies within their teams and provide feedback on practical operational impacts
- HR Managers: Communicate policies to staff and manage enforcement of conduct-related guidelines
- Employees: Must understand and follow policies in their daily work activities
- Compliance Officers: Monitor adherence to policies and report violations to senior management
How do you write a Corporate Policy?
- Policy Scope: Define exactly which business activities and departments the Corporate Policy will cover
- Legal Requirements: Review Singapore's relevant regulations, industry standards, and compliance obligations
- Stakeholder Input: Gather feedback from department heads about operational needs and practical challenges
- Documentation: Collect existing procedures, incident reports, or audit findings that inform policy content
- Implementation Plan: Map out training needs, communication strategies, and enforcement mechanisms
- Review Process: Set up approval workflows and regular review cycles to keep policies current
- Digital Tools: Use our platform to generate legally-sound policy documents tailored to Singapore requirements
What should be included in a Corporate Policy?
- Policy Title and Version: Clear identification with document control number and effective date
- Purpose Statement: Specific objectives and scope of the policy's application within the organization
- Authority Statement: References to relevant Singapore laws, regulations, and corporate governance requirements
- Definitions Section: Clear explanations of key terms and concepts used throughout the policy
- Compliance Requirements: Specific rules, procedures, and expectations for adherence
- Roles and Responsibilities: Clear assignment of duties and accountability measures
- Review and Updates: Procedures for periodic review and amendment processes
- Approval Section: Authorized signatures and dates from relevant company officers
What's the difference between a Corporate Policy and a Corporate Governance Document?
While a Corporate Policy provides broad operational guidelines, a Corporate Governance Document serves a different but related purpose in Singapore's business environment. Understanding these distinctions helps organizations maintain proper compliance and management structures.
- Scope and Purpose: Corporate Policies focus on specific operational areas or procedures, while Corporate Governance Documents outline the overall framework for company management, board responsibilities, and stakeholder relationships
- Legal Standing: Corporate Governance Documents must align with SGX listing requirements and the Code of Corporate Governance, while Corporate Policies have more flexibility in their content and structure
- Implementation Level: Policies guide day-to-day operations and staff behavior, whereas Governance Documents establish high-level principles and accountability structures
- Review Cycle: Corporate Policies typically undergo more frequent updates based on operational needs, while Governance Documents require formal board approval and less frequent revision
Download our whitepaper on the future of AI in Legal
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a £1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.