| Question |
Yes |
No |
Justifications |
- Corporate Vision/Mission
|
|
- Has the Board of Directors reviewed the Vision and Mission/corporate strategy in the last financial year?
|
✔ |
|
- PCSO Board Resolution No.189, Series of 2024
- Post Actitivity Report 2024 Strategic Planning Workshop
- Board Resolution No. 212, Series 2023 (Approving the CY 2024 Strategy Map and Performance Scorecard)
- Board Resolution No. 222, Series 2023 (Approved Amendment of Sales Target in the 2024 Performance Scorecard
- Board Resolution No. 284, Series 2023 (Revised 2024 Strategy Map and Performance Scorecard)
- Board Resolution No. 253, Series 2023 (Revised Sales Target in the 2024 Performance Scorecard)
- PCSO Board Resolution No. M-0019, Series of 2022
- PCSO Board Resolution No. 0195, Series of 2021 and PCSO Board Resolution No. 0108, Series of 2022
- PCSO Board Resolution No. 0179, Series 2020
-
Undertaken during the Annual Corporate Strategic Planning Seminar
- 2018 Performance Scorecard
- 2017 Performance Scorecard
- 2016 Performance Scorecard
|
- Does the Board of Directors monitor/oversee the implementation of the corporate strategy?
|
✔ |
|
- Pages 15 and 18 of the 2016 Manual of Corporate Governance (Board of Directors Duties and Functions as Collegial body)
|
|
- Did the GOCC achieve 90% in the PES
|
✔ |
|
- 2024 PES (For GCG Validation)
- 2023 Validated Performance Assessment - YES
- 2022 Validated Performance Assessment - YES
- 2021 Validated Performance Assessment - NO
|
|
- Code of ethics or conduct
|
|
- Are the details of the code of ethics or conduct disclosed?
|
✔ |
|
- The Code of Conduct and Ethical Standards of PCSO Officials and Employees
- 2016 Manual of Corporate Governance pp. 55-57
- PCSO “No Gift” Policy p.11
- Revised Rules on Administrative Cases in the Civil Service
|
- Does the GOCC disclose that all Directors/Commissioners, senior management and employees are required to comply with the code?
|
✔ |
|
- Section 1 and 2 of The Code of Conduct and Ethical Standards of PCSO Officials and Employees
- 2016 Manual of Corporate Governance pp. 55-57
- PCSO “No Gift” Policy p.11
- Revised Rules on Administrative Cases in the Civil Service
|
- Does the company disclose how it implements and monitors compliance with the code of ethics or conduct?
|
✔ |
|
- The Code of Conduct and Ethical Standards of PCSO Officials and Employees
- 2016 Manual of Corporate Governance pp. 55-57
- PCSO “No Gift” Policy p.11
- Memoranda regarding Submission of SALN
- Memorandum regarding Submission of SALN 2023
- 2016 Manual of Corporate Governance pp. 56-57
|
|
- Does the Board appoint a Nomination and Compensation / Remuneration Committee?
|
✔ |
|
- PCSO Board Resolution No.132, Series of 2024
- Secretary’s Certificate, Mar. 16, 2023 and PC SO Board Resolution No. M-0074, Series 2022
- PCSO Board Resolution No.M-0015, Series of 2022
- PCSO Board Resolution No.0317, Series of 2019
Note: The memberships in board committees approved under the above resolution are still the same for 2020 and 2021.
- PCSO Board Resolution No.0034, Series of 2019
- PCSO Board Resolution No.0056, Series of 2018
- PCSO Board Resolution No. 00153, Series 2017 (approving the new composition of the Committee)
- PCSO Board Resolution No. D-0008, Series 2016
- PCSO Board Resolution No. 76, Series of 2016
|
|
- Did the Nomination and Compensation / Remuneration Committee meet at least twice during the year?
|
✔ |
|
- Board and Governance Committee Meetings (2024)
- Attendance Sheet
- Board and Governance Committee Meetings (2023)
- Board and Governance Committee Meetings (2022)
- Board and Governance Committee Meetings (2021)
- Certification of Board of Directors Attendance (2021)
- Board and Governance Committee Meetings (2020)
- Board and Governance Committee Meetings (2019)
- Board and Governance Committee Meetings (July to December 2018)
- Board and Governance Committee Meetings (January to June 2018)
- Board and Governance Committee Meetings (2017)
- Board and Governance Committee Meetings (2016)
|
|
- If yes, is the report of the Nomination and Compensation / Remuneration Committee publicly disclosed?
|
✔ |
|
- Activity Report of the Nomination and Remuneration/Compensation Committee (2024)
- Activity Report of the Nomination and Remuneration/Compensation Committee (2023)
- Board and Governance Committee Meetings (2022)
- Board and Governance Committee Meetings (2021)
- Certification of Board of Directors Attendance (2021)
- Board and Governance Committee Meetings (2020)
- 2018 Nomination and Remuneration Compensation Committee Meeting
- Fourth Quarter 2017 Nomination and Remuneration Compensation Committee Meeting
- Nomination and Remuneration Committee Meeting CY 2017 Agenda
- Attendance of the Compensation and Remuneration Committee
|
|
- Does the Board appoint an Audit Committee?
|
✔ |
|
- PCSO Board Resolution No.132, Series of 2024
- Secretary’s Certificate, Mar. 16, 2023 and PC SO Board Resolution No. M-0074, Series 2022
- PCSO Board Resolution No.M-0015, Series of 2022
- PCSO Board Resolution No.0317, Series of 2019
Note: The memberships in board committees approved under the above resolution are still the same for 2020 and 2021.
- PCSO Board Resolution No.0034, Series of 2019
- PCSO Board Resolution No.0056, Series of 2018
- PCSO Board Resolution No. 00153, Series 2017 (approving the new composition of the Committee)
- PCSO Board Resolution No. D-0008, Series 2016
|
|
- If yes, is the report of the Audit Committee publicly disclosed?
|
✔ |
|
- Activity Report of the Audit Committee (2024)
- Activity Report of the Audit Committee (2023)
- Board and Governance Committee Meetings (2022)
- Board and Governance Committee Meetings (2021)
- Certification of Board of Directors Attendance (2021)
- Board and Governance Committee Meetings (2020)
- 2016 Audit Committee Meetings
- January - June
- July - December
- 2016 Audit Committee Program
- 2016 Audit Committee Accomplishments
- 2017 Audit Committee Program
- 2017 Audit Committee Accomplishments
- 2018 Audit Committee Accomplishments
- 2018 Audit Committee Accomplishments as of October 2018
- 2019 Audit Committee Program
|
|
- Does at least one member of the Audit Committee have an audit, accounting or finance background (qualification or experience)?
|
✔ |
|
- Appointive Director Data Sheet of Chairman Junie E. Cua
- 2015 Annual Report p. 42 (Profile of Dir. Betty Nantes)
- 2016 PCSO Annual Report, pp.47-62
- 2017 PCSO Annual Report, pp.37-49
|
|
- Did the Audit Committee meet at least four times during the year?
|
✔ |
|
- Board and Governance Committee Meetings (2024)
- Attendance Sheet
- Board and Governance Committee Meetings (2023)
- Board and Governance Committee Meetings (2022)
- Board and Governance Committee Meetings (2021)
- Certification of Board of Directors Attendance (2021)
- Board and Governance Committee Meetings (2020)
- Directors Attendance Report:
- 2016 Audit Committee Meetings
- January - June
- July - December
- 2018 Audit Committee Meetings
- 2017 Audit Committee Meetings
- 2016 Audit Committee Meetings
|
|
- Does the Board appoint a Risk Management Committee?
|
✔ |
|
- PCSO Board Resolution No.132, Series of 2024
- Secretary’s Certificate, Mar. 16, 2023 and PC SO Board Resolution No. M-0074, Series 2022
- PCSO Board Resolution No.M-0015, Series of 2022
- PCSO Board Resolution No.0317, Series of 2019
Note: The memberships in board committees approved under the above resolution are still the same for 2020 and 2021.
- PCSO Board Resolution No.0034, Series of 2019
- PCSO Board Resolution No.0056, Series of 2018
- PCSO Board Resolution No. 00153, Series 2017
- PCSO Board Resolution No. D-0008, Series 2016
|
|
- If yes, is the report on Risk Management Committee publicly disclosed?
|
✔ |
|
- Activity Report of the Risk Management Committee (2024)
- Activity Report of the Risk Management Committee (2023)
- Board and Governance Committee Meetings (2022)
- Board and Governance Committee Meetings (2021)
- Certification of Board of Directors Attendance (2021)
- Board and Governance Committee Meetings (2020)
- 2018 Attendance of Risk Management Committee
- Risk Management Committee Executive Briefing (January 25, 2017)
- Notice of Meeting of Risk Management Committee (Report of the Committee)
- 2017 Attendance of Risk Management Committee
|
|
- Does at least one member of the Risk Management Committee have a background in finance and investment?
|
✔ |
|
- Appointive Director Data Sheet of Chairman Junie E. Cua
- 2018 PCSO Annual Report, pp.31-38
- 2017 PCSO Annual Report, pp.37-49
- 2016 PCSO Annual Report, pp.47-62
|
|
- Board meetings and attendance
|
|
- Are the Board of Directors meetings scheduled at the beginning of the year? (end of Q1)
|
✔ |
|
- Approved Schedule Of PCSO Board and Committee Meeting for CY 2024
- Secretary’s Certificate Re: Schedule of PCSO Board and Committee Meetings for CY 2025
- Secretary’s Certificate Re: Confirmation of the Revised Schedule of PCSO Board and Committee Meetings for CY 2024
- Board Resolution No. 003, series 2023
- Board Resolution No. 0001, series 2022
- Board Resolution No. 0001, series 2021
- Board Resolution No. 0001, series 2020
- Board Resolution No. 0001, series 2019
- Board Resolution No. 0002, series 2018
- Board Resolution No. 0001, series 2017
- Board Resolution No. 87, series 2016
|
- Does the Board of Directors meet at least monthly?
|
✔ |
|
- Board and Governance Committee Meetings (2024)
- Attendance Sheet
- Board and Governance Committee Meetings (2023)
- Board and Governance Committee Meetings (2022)
- Board and Governance Committee Meetings (2021)
- Certification of Board of Directors Attendance (2021)
- Board and Governance Committee Meetings (2020)
- Board Resolution No. 0001 series 2019
- Board and Governance Committee Meetings (2019)
- Board and Governance Committee Meetings (July to December 2018)
- Board and Governance Committee Meetings (January to June 2018)
- Board and Governance Committee Meetings (2017)
- Board and Governance Committee Meetings (2016)
|
- Did the Board of Directors meet on at least 75% on their scheduled meeting?
|
✔ |
|
- Board and Governance Committee Meetings (2024)
- Board and Governance Committee Meetings (2023)
- Board and Governance Committee Meetings (2022)
- Board and Governance Committee Meetings (2021)
- Certification of Board of Directors Attendance (2021)
- Board and Governance Committee Meetings (2020)
- Board Resolution No. 0001 series 2019
- Board and Governance Committee Meetings (2019)
- Board and Governance Committee Meetings (July to December 2018)
- Board and Governance Committee Meetings (January to June 2018)
- Board and Governance Committee Meetings (2017)
- Board and Governance Committee Meetings (2016)
|
- Has each of the Directors/commissioners attended at least 90% of all the Board meetings held during the year?
|
✔ |
|
- Board and Governance Committee Meetings (2024)
- Board and Governance Committee Meetings (2023)
- Board and Governance Committee Meetings (2022)
- Board and Governance Committee Meetings (2021)
- Certification of Board of Directors Attendance (2021)
- Board and Governance Committee Meetings (2020)
- Board Resolution No. 0001 series 2019
- Board and Governance Committee Meetings (2019)
- Board and Governance Committee Meetings (July to December 2018)
- Board and Governance Committee Meetings (January to June 2018)
- Board and Governance Committee Meetings (2017)
- Board and Governance Committee Meetings (2016)
|
- Did the Board of Directors meet separately at least once during the year without the President/CEO present?
|
|
✔ |
- Board and Governance Committee Meetings (2024)
- Attendance Sheet (First Governance Committee Meeting (CY 2024)
- Board and Governance Committee Meetings (2023)
- Board and Governance Committee Meetings (2022)
- Board and Governance Committee Meetings (2021)
- Certification of Board of Directors Attendance (2021)
- Board and Governance Committee Meetings (2020)
- Board Resolution No. 346 s.2012
|
|
- Access to information
|
|
- Does the GOCC have a policy that stipulates board papers for Board of Directors/Commissioners meetings be provided to the Board at least three (3) working days in advance of the Board meeting?
|
✔ |
|
- Memorandum dated January 30, 2023 of Office of the Board Secretary
- Memorandum dated August 31, 2022 of Office of the Board Secretary
- Memorandum No. 2020 Office of Board Secretary
- Memorandum dated July 19, 2019 of Board Secretary Wesley A. Barayuga
- Board Resolution No. 88, Series of 2016
|
- Is the Board Secretary trained in legal, accountancy or company secretarial practices?
|
✔ |
|
- Profile of Board Secretary Charles Frederick T. Co
- Profile of Board Secretary Reymar Santiago
- 2015 Annual Report p.47 (Profile of Atty. Adbiel Dan Elijah S. Fajardo)
- Profile of Atty. Michael Alfonso A. Medado
- Profile of Board Secretary (Atty.) Wesley A. Barayuga
|
|
- Internal Audit
|
|
- Does the company have separate internal audit function?
|
✔ |
|
- Organizational Chart of PCSO
- 2016 Manual of Corporate Governance, pp 22-23
|
- Does the appointment and removal of the internal auditor require the approval of the Audit Committee?
|
✔ |
|
- 2016 Manual of Corporate Governance, pp. 22-23
|
|
- Risk Oversight
|
|
- Does the company disclose the internal control procedures/risk management systems it has in place?
|
✔ |
|
- Activity Report of the Risk Management Committee (2024)
- Current Risk and Action Plan to the Risk management Committee
- Activity Report of the Risk Management Committee (2023)
- PCSO Risk Management Plan
- 2021 PCSO Annual Report, p.78
- 2020 PCSO Annual Report, p.67
- 2019 PCSO Annual Report, p.58
- 2018 PCSO Annual Report (Executive Summary)
- 2017 PCSO Annual Report (Executive Summary)
- 2016 PCSO Annual Report, p.39
- 2016 Annual Audit Program (BR No. 14, Series 2016)
- 2015 Internal Audit Plan and Review (BR No. 489, Series 2014)
- 2015 PCSO Annual Report p. 66
|
- Does the Annual Report disclose that the Board of Directors/Commissioners has overseen a review of the company’s material controls (including operational, financial and compliance controls) and risk management system?
|
✔ |
|
- 2022 PCSO Annual Report, p.97
- 2021 PCSO Annual Report, p.78
- 2020 PCSO Annual Report, p.67
- 2019 PCSO Annual Report, p.58
- 2018 PCSO Annual Report, p.57
- 2017 PCSO Annual Report, p.76
- 2016 PCSO Annual Report, p.84
- 2015 PCSO Annual Report, p.66
|
- Does the company disclose how key risks are managed?
|
✔ |
|
- Current Risk and Action Plan to the Risk management Committee
- PCSO 2016 Manual of Corporate Governance, pp. 24-25
- PCSO Risk Management Plan
|
- Does the Annual Report contain a statement from the Board of Directors or Audit Committee commenting on the adequacy of the GOCC’s internal controls/risk management systems?
|
✔ |
|
- 2022 PCSO Annual Report, p.97
- 2021 PCSO Annual Report, p.78
- 2020 PCSO Annual Report, p.67
- 2019 PCSO Annual Report, p.58
- 2018 PCSO Annual Report, p.57
- 2017 PCSO Annual Report, p.76
- 2016 PCSO Annual Report, p.84
- 2015 PCSO Annual Report, p.66
|
|
- Board Chairman
|
|
- Do different persons assume the roles of Chairman and CEO?
|
✔ |
|
- New Administration
- Chairman Judge Felix P. Reyes (Ret.)
June 4, 2024 to Present
- Chairman Junie E. Cua
August 2022 to June 3, 2024
- General Manager Meliquiades A. Robles
July 4, 2022 to Present
- Profiles of:
- Chairman Anselmo Simeon P. Pinili
- General Manager Royina M. Garma
- 2019 Administration
- Chairman Anselmo Simeon P. Pinili
- General Manager Royina M. Garma
- 2018 Administration
- Chairman Anselmo Simeon P. Pinili
- General Manager Alexander F. Balutan
- 2017 PCSO Annual Report, p.36
- 2016 PCSO Annual Report, p.46
- 2015 PCSO Annual Report, p.49
|
|
- Board of Directors
|
|
- Does the GOCC have orientation programs for new Director?
|
✔ |
|
- Roles, Responsibiliies of Board of Directors Conducted by Center for Global Best Practices on Novenber 8, 2024.
- Best Practices of Effective Boards conducted by Conducted by Center for Global Best Practices on September 3, 2024.
- Online Training on Best Practices of Effective Boards attended by Director Imelda A. Papin on September 3, 2024
- Orientation of the New Member of the Board of Directors conducted on June 10, 2024 by PCSO Corporate Planning Department
- 2016 PCSO Manual of Corporate Governance, pp. 76-79
- Strategic Thinking for Board Directors and Leaders conducted by Center for Global Best Practices on November 17, 2023
- Basic Corporate Governance for Board Directors for GOCCs conducted by Center for Global Best Practices on January 20, 2023
- Corporate Governance Orientation Program (CGOP) September 1 and 2, 2022 Via Zoom
- Project Design Workshop, Lancaster Hotel Mandaluyong City, February 17-20, 2020
- 2019 Management and Operational Review, Azalea Hotels and Residences, Baguio City, December 8-10, 2019
- 2020 Operational Planning and Review Workshop, Abagatan Ti Manila, Cavite, November 24-26, 2019
- 2020 PCSO Corporate Strategic, Operational and QMS Planning, Mr. Audie B. Masigan, Richmonde Hotel, Pasig City, August 1-2, 2019
- Corporate Governance Orientation Program for GOCCS, Institute of Corporate Directors, October 17, 2019
- 2018 Corporate Governance Orientation Program
May 10, 2018
Institute of Corporate Directors
- Orientation Seminar on Public Corporate Governance
April 3-4, 2017
Development Academy of the Philippines
- Strategic Performance Management System for Leaders
March 27 and 28, 2017
Civil Service Institute
- Risk Management Review and Planning
January 26 and 27, 2017
Guthrie Jensen Consultants to Management
- Corporate Governance Orientation Programs for GOCCs
November 21, 2016
Institute of Corporations Directors
- Civil Service Institute Leadership Series “Good Governance of Leaders“
November 16, 2016
- World Lottery Summit 2016
November 7-9, 2016
Singapore
- Operational/Performance Review Seminar
November 3, 2016
Guthrie-Jensen Consultants, Inc. (CSC Accredited)
|
- Does the GOCC have a policy that encourages Directors/Commissioners to attend on-going or continuous professional education programs?
|
✔ |
|
- 2024 Training Plan
- 2023 Training Plan
- 2022 Training Plan
- 2021 Training Plan
- 2020 Training Plan
- 2016 Manual of Corporate Governance, 78-79
|
- Did all appointive Directors attend at least 1 training for the calendar year?
|
✔ |
|
- Summary of Trainings of Board of Directors (CY 2024)
- Roles, Responsibiliies of Board of Directors Conducted by Center for Global Best Practices on Novenber 8, 2024.
- Best Practices of Effective Boards conducted by Conducted by Center for Global Best Practices on September 3, 2024.
- Webinar/Online Training on Best Practices of Effective Boards on September 3, 2024
- Strategic Thinking for Board Directors and Leaders, November 17, 2023
- Basic Corporate Governance for Board Directors for GOCCs conducted by Center for Global Best Practices on January 20, 2023
- 2022 Administration: Corporate Governance Orientation Program conducted on September 1 and 2, 2022 by the Institute of Corporate Directors
- Board and Governance Committee Meetings (2019)
- 2018 PCSO Governing Board
- 2017 PCSO Annual Report, pp.37-49
- 2016 PCSO Annual Report, pp.47-62
- Report on Training Attended by Officials and Employees CY 2015
|
|
- Board Appraisal
|
|
- Is an annual performance assessment conducted of the Board of Directors?
|
✔ |
|
- PCSO Annual Performance Evaluation of the Board (2024)
- Memorandum No. 2025-002-OBS (Performance Evaluation of Directors for CY 2024), with attachment)
- PCSO Annual Performance Evaluation of the Board (2023)
- 2016 PCSO Manual of Corporate Governance, p,28
|
- Does the GOCC disclose the process followed in conducting the Board assessment?
|
✔ |
|
- PCSO Annual Performance Evaluation of the Board (2024)
- Memorandum No. 2025-002-OBS (Performance Evaluation of Directors for CY 2024), with attachment)
- PCSO Annual Performance Evaluation of the Board (2023)
2016 PCSO Manual of Corporate Governance, pp. 28-29
|
- Does the GOCC disclose the criteria used in the Board assessment?
|
✔ |
|
- PCSO Annual Performance Evaluation of the Board (2024)
- PCSO Annual Performance Evaluation of the Board (2023)
- 2016 Manual of Corporate Governance, pp. 28-29
|
|
- Committee Appraisal
|
|
- Is an annual performance conducted of the Board of Directors Committees?
|
✔ |
|
- PCSO Annual Performance Evaluation of the Board (2024)
- Memorandum No. 2025-002-OBS (Performance Evaluation of Directors for CY 2024), with attachment)
- Board Committee Appraisal
- Governance Committee
- Risk Management Committee
|