I. RESPONSIBILITIES OF THE BOARD
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4. Board Attendance
- Board Committees Meetings Attendance of the Governing Board for CY2020
- Board Committees Meetings Attendance of the Governing Board for CY2019
- Board Committees Meetings Attendance of the Governing Board for CY2018
- Board Committees Meetings Attendance of the Governing Board for CY2017
- Board Committees Meetings Attendance of the Governing Board for CY2016
5. Role of the Board in Corporate Strategy
The Board reviews, analyses and amends the vision, mission and strategy map of the Authority. They likewise analyse and approve corporate strategies and performance measures prior to presenting with the Governance Commission on GOCC (GCG).
The Board conducts Annual Policy Review and Program Assessment and Planning Workshop and Annual Performance Assessment of individual Board of Directors, Chairman and the Administrator was done February 20, 2018.
- Br# 009-2018: Approving the 2017 Annual Policy Review and Program Assessment and Planning Workshop
- Br# 014-2017: Approving the 2016 Board Annual Policy Review & Program Assessment & Planning Workshop
- Br# 055-2017: Approving the Output of the 2016 Annual Assessment of Programs and Planning Workshop
- Br# 126-2016: Approving the 2016 Annual Policy Review & Program Assessment & Planning Workshop
- Br# 056-2015: 2015 Annual Policy Review and Program Assessment and Planning Workshop
- Br# 161-2015: Approving the 2015 Annual Performance Assessment of the Governing Board, its Members and the Administrator
The Board promulgates and adopts the corporate governance rules and principles in accordance with the approved PCA Manual of Corporate Governance.
The Board also ensures the adequacy of internal control practices, accuracy and reliability of financial reporting and compliance with applicable laws and regulations.
PCA Manual of Corporate Governance Article IV, Sec. 15 page 9-10(t)
How does the board oversee the implementation of the corporate strategy?
The Board monitors and oversee the implementation of the Corporate Strategy as it is being discussed over every committee meetings of the Audit and Governance Committees. The management reports to the Board on a monthly basis.
PCA Manual of Corporate Governance Article IV, Sec. 15 page 9-10(p)
Br# 031-2018: Amending the PCA Manual of Corporate Governance.
When did the board review the corporate strategy?
During the Board Meeting held in Malacañang on the 17th of May 2017, has reviewed the PCA Corporate Strategy, Strategy Map and Charter Statement for CY2017.
- Br# 031-2018: Amending the PCA Manual of Corporate Governance.
- Br#058-2017: Approving the 2017-2022 Strategy Map, Charter Statement & 2017 Performance Scorecard
6. Code of Ethics
The provisions of the Code of Ethics shall apply to all officials and employees of PCA. It is the duty of all PCA officials and employees who witness or become aware of any violation of the Code of Ethics by any PCA personnel or any attempted or consummated act of graft and corruption involving any PCA personnel to report the same at the earliest possible time to the Legal Affairs Service of the Authority.
8. Access to Information (Board Materials)
As per Board Resolution #013-2008, all board matters should be submitted to the Board thru the Office of the Corporate Secretary 5 working days before the scheduled board meeting.
- 2017 Report, Access to Information, p.7
- Br. No. 0013-2008: Policy on Immediate Submission of Documents for Agenda
9. Internal Control
Internal Control (including Internal Audit(Profile))
The Internal Audit Service is directly reporting to the Audit Committee on a regular basis.
12. Corporate Secretary
Per Special Order Number 549, the position of Corporate Secretary is vacant. The highest ranking officer of the Office of the Corporate Secretary is Ms. Marcel C. Cuaresma.
13. Performance Evaluation System (based on GCG assessment)
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2020
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2020 GCG-PCA Performance Scorecard (Approved) 1st 2nd -
2019
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2019 GCG-PCA Performance Scorecard (Approved) 1st 2nd 3rd 4th 2018
2018 GCG-PCA Performance Scorecard (Validated) 1st 2nd 3rd 4th 2017
2017 GCG-PCA Performance Scorecard Re-Validated
2016
2016 GCG-PCA Performance Scorecard (Validated)
2015
Performance Agreement 2015
2015 GCG-PCA Performance Scorecard (Validated)2014
2014 GCG-PCA Performance Scorecard (Validated)
2013
II. DISCLOSURE AND TRANSPARENCY
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C. State the location of the following information in the annual report/audited annual financial report
The Annual Report 2018 is still for preparation.
Corporate Objective |
2018 Report, Corporate Objectives, iii |
Financial Performance Indicators |
*Full disclosure of all financial matters & transaction were included in the annual financial report.
In Compliance with Sec. 43 of GCG MC 2012-07: On Financial and Operational Matters |
Non-financial Performance Indicators |
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Details of whistle blowing policy |
Memorandum Circular No. 2, Series of 2016 (PCA Internal Whistleblowing Policy) |
Biographical details (at least age, date of first appointment, relevant experience and any other directorships of listed companies) of directors/commissioners |
Governing Board Member Profiles 2019 Transparency Seal,Sec. 43:
Governing Board Member Profiles 2018 |
Training and/or continuing education programme attended by each director/commissioner |
For CY2018, there were no trainings and/or continuing education programs attended by the directors.
2017 Report, Board and Orientation Training, p.5
As required by the GCG through its M.C No. 2012-05, Sec. 2 Art. %, each Appointive Directors shall attend a special seminar on public corporate governance for Directors conducted by the GCG or any individual or entity accredited by GCG. Thus, this Office had included the training and seminars for each Appointive Directors in its annual budget. Since there was a change of Administration for 2016, the said training/seminar did not push through. |
Statement of full compliance with the code of CG |
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Review of the GOCC's material controls (including operational, financial and compliance controls) and risk management systems |
CY2018 Financial Statement
2017 Report Financial Statements, Annex 5 p.53 |
Statement from the Board of Directors or Audit Committee commenting on the adequacy of the GOCC's internal controls/risk management systems |
2017 Report Financial Statements, Annex 5 p.53 |
III. CORPORATE SOCIAL RESPONSIBILITY
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5. Employees' Welfare and Development
Policies and Activities
PCA Manual of Corporate Governance,Article X, Sec. 330-38, pp. 23-27
PCA Citizen's Charter, Feedback and Redress Mechanism (With contact details)
Corporate Social Responsibility page 4
2015 Report, page 110
2017 Report, Employee's Welfare and Development, p.17
2016 Report, pg. 17
7. Whistle Blowing Policy
- MC No. 02 series of 2016: Establishing the PCA Internal Whistleblowing Policy
- GCG Whistle Blowing Web Portal
- 2017 Report, Whistle-blowing Policy, p.17-18
- 2016 Report, pg. 17-18
- 2015 Report pages 110-111