PAGCOR gets “fantastic” score for CSR efforts

The Philippine Amusement and Gaming Company (PAGCOR) included a feather in its cap following it garnered an “excellent” rating in the 2020 Company Governance Scorecard (CGS) Evaluation of the Governance Fee for Government-Owned or Managed Companies (GCG).  

GCG introduced PAGCOR’s assessment rating on December 27, 2021.

In its scorecard validation report, GCG said that “PAGCOR has crystal clear and solid lines of conversation that allow for the agency to answer speedily and effectively to buyer needs and general public requires to make certain consistent good quality services.” 

It also cited that “PAGCOR’s Corporate Social Accountability plans are largely anchored on its mission as a companion of the Philippine government in nation-constructing.”

According to PAGCOR Chairman and CEO Andrea Domingo, the point out-run gaming firm’s superb ranking in the 2020 CGS Assessment only exhibits the grit, commitment, professionalism and resilience of every single PAGCOR worker who rose higher than the problems in spite of the ongoing pandemic to make sure that the agency’s finest techniques are in place.

“We have been about two many years into this pandemic, and very similar to a lot of industries, the gaming sector has not been spared. In spite of our profits losses, amongst other limitations, we remained dedicated to our regulatory and nation-making mandate. Hence, we ongoing to contact the lives of much less privileged Filipinos. Likewise, we ensured that the govt gets its truthful share of revenues from regulated gaming,” she spelled out.

The CGS Assessment, which is staying carried out to all Authorities-Owned and Managed Firms (GOCCs) by the GCG is a “quantitatively-driven analysis device extracted from current globally acknowledged specifications and tactics.” With distinct concentrate on Stakeholder Interactions, Disclosure and Transparency, and Board Obligations, the CGS is made to appraise every single GOCC of its “performance and degree of adherence to the most effective tactics and worldwide benchmarks of corporate governance.”  Assessments are dependent on disclosures and knowledge uploaded in the GOCC’s web site. #