Petron Corporation is a two-Golden Arrow awardee at this year’s ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards, held on October 23, extending its winning streak in governance excellence.
For publicly listed companies like Petron, the recognition reflects adherence to the Philippine Code of Corporate Governance and alignment with global corporate governance standards.
Awardees are evaluated based on publicly available disclosures on their websites, covering shareholder rights, transparency and accountability in disclosing material information, and board performance.
As the country’s largest oil company, Petron remains committed to upholding good corporate governance as it pursues its business goals.