PAGCOR receives “outstanding” rating for CSR initiatives

PAGCOR receives “outstanding” rating for CSR initiatives post thumbnail image

The Philippine Amusement and Gaming Corporation (PAGCOR) additional a feather in its cap right after it garnered an “excellent” ranking in the 2020 Company Governance Scorecard (CGS) Evaluation of the Governance Fee for Authorities-Owned or Controlled Firms (GCG).  

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

In its scorecard validation report, GCG said that “PAGCOR has obvious and strong strains of communication that allow the company to react rapidly and effectively to shopper requirements and general public demands to ensure regular high quality assistance.” 

It also cited that “PAGCOR’s Corporate Social Duty packages are primarily anchored on its mission as a partner of the Philippine authorities in nation-making.”

In accordance to PAGCOR Chairman and CEO Andrea Domingo, the state-operate gaming firm’s fantastic ranking in the 2020 CGS Evaluation only demonstrates the grit, determination, professionalism and resilience of each individual PAGCOR employee who rose over the challenges in spite of the ongoing pandemic to be certain that the agency’s greatest procedures are in area.

“We have been about two yrs into this pandemic, and similar to quite a few industries, the gaming sector has not been spared. In spite of our earnings losses, between other constraints, we remained committed to our regulatory and nation-setting up mandate. For this reason, we ongoing to contact the life of a lot less privileged Filipinos. Likewise, we ensured that the federal government gets its good share of revenues from controlled gaming,” she stated.

The CGS Assessment, which is staying applied to all Government-Owned and Managed Organizations (GOCCs) by the GCG is a “quantitatively-driven evaluation tool extracted from current globally acknowledged specifications and methods.” With certain concentrate on Stakeholder Associations, Disclosure and Transparency, and Board Obligations, the CGS is built to appraise each GOCC of its “performance and stage of adherence to the most effective tactics and international requirements of corporate governance.”  Assessments are centered on disclosures and data uploaded in the GOCC’s web page. # 

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