Feb 03, 2020
PNOC EC Earns 2nd Straight “Highly Satisfactory” Survey Rating
UPLB formally reported to PNOC EC the results of the Company’s 2019 Stakeholders Satisfaction Survey. PNOC EC earned a Highly Satisfactory rating for the second straight year. PNOC EC Officers – led by Ms. Lourdes S. Gelacio, OIC President and CEO (Seated, in dark dress) are pictured here with the UPLB Research Team – led by Dr. Emilia Visco (Seated next to Ms. Gelacio).
Bonifacio Global City, Taguig (27 January 2020) – PNOC Exploration Corporation, the upstream oil, gas, and coal exploration and development arm of the National Government, earned a rating of “Highly Satisfactory” on its annual Stakeholders Satisfaction Survey.
This marks the second consecutive year that the Company was able to earn the top rating of 5 out of 5 in the Survey, a requirement of the Governance Commission for GOCC’s (GCG).
Over 300 respondents were surveyed by the research team from the University of the Philippines at Los Baños (UPLB). Respondents included PNOC EC’s regulators from the Department of Energy (DOE), the PNOC Mother Company, Joint Venture Partners, and various local government officials, students, and social performance program beneficiaries in the provinces of Isabela and Zamboanga Sibugay.