GCG Requirements

In accordance with Section 43 of the GCG Code of Corporate Governance, PNOC EC shall maintain a website and post therein for unrestricted public access the following:

    1. On Institutional Matters:
      1. For Chartered GOCCs, the latest version of its Charter (not applicable);
        Being a Non-Chartered GOCC, its Articles of Incorporation and By-Laws;
      2. For Nonchartered GOCCs, latest General Information Sheet (GIS) and brief company background including date of incorporation, history, functions and mandate;
      3. List of Subsidiaries and Affiliates (not applicable)
      4. Government Corporate Information Sheet (GCIS) as mandated by the GCG in its Memorandum Circular No. 2012-01.
    2. On the Board and Officers:
      1. Complete listing of the Directors and Officers with  resume;
      2. Complete compensation package of all the board members (actual, entitlements) and officers, including travel, representation, transportation and any other form of expenses or allowances;
      3. Board Committee membership  and Committee information and activities;
      4. Attendance record of Directors in Board and Committee meetings.
    3. On Financial and Operational Matters:
      1.  Latest annual Audited Financial and Performance Report within thirty (30) days from receipt of such  Report;
      2.  Audited Financial Statements in the immediate past four (4) years;
      3. Quarterly, Annual Reports and Trial Balance;
      4. Current Corporate Operating Budget (COB)
      5. Local and foreign borrowings (none);
      6. Government subsidies and net lending (not applicable);
      7. All borrowings guaranteed by the Government (none);
      8.  Any material risk factors and measures taken to manage such risks; and
      9.  Performance Evaluation System
    4. On Government Matters:
      1. Charter Statement/Mission-Vision Statements;
      2. Performance Scorecards  and Strategy Map
        • Please refer to item 3(i).
      3.  Organizational Chart;
      4. Manual of Corporate Governance;
      5. CSR Statement; and
      6. Balanced Scorecard
        • Please refer to item 3(i).
      7. No Gift Policy
      8. Quality Management System / Operations Manual
      9. Whistleblowing Policy Guidelines and GCG’s Whistleblowing Web Portal
    5. Agency System of Ranking Delivery Units and Individuals
      1. Performance Appraisal & Forced Ranking
      2. Appraisal Form – Professional / Technical
      3. Appraisal Form – Secretary
      4. Appraisal Form – Rank & File

 

(page update September 20, 2018)