CORPORATE GOVERNANCE
PLDT observes the highest standards of corporate governance as reected in their Articles of Incorporation, By-Laws, Manal on !orporate "overnance #!" Manal$, !ode of Bsiness !ondct and %thics #!ode of %thics$, and pertinent laws, rles and reglations& 'ince it is a pblicly-listed Philippine Philippine corporation, PLDT is governed by corporate governance rles and reglations of the Philippine 'ecrities and %(change !o))ission !o))ission #Philippine '%!$ and the Philippine 'toc* %(change #P'%$& In addition, since its A)erican Depositary 'hares are listed and traded in the +ew or* 'toc* %(change #+'%$, PLDT also volntarily co)plies with the corporate governance governance standards of the nited 'tates& Lastly, the co)pany also considers the corporate governance standards of .ong /ong for gidance and bench)ar*ing prposes since PLDT is an associated co)pany of 0irst Paci1c !o)pany Ltd& #0irst Paci1c$, which is listed in the .ong /ong 'toc* %(change& Board of Directors Manel 2& Pangilinan, !hair)an of the Board, President and !%3 +apoleon L& +a4areno .elen & Dee 5ay !& %spinosa 6a)es L& "o Bernido .& Li #Independent Director$ Tadashi Tadashi Miyashita Miyashita
.idea*i 34a*i Arte)io 2& Panganiban #Independent Director$ Ma& Lordes !& 5asa-!han Pedro %& 5o(as #Independent Director$ 6an B& 'antos Tony Tony Tan Tan !a*tiong
The directors possess co)ple)entary s*ills and e(pertise, and the re7isite independence, probity and diligence as they e(ercise their 1dciary dties& It has three independent directors selected on the basis of speci1c independence criteria set ot nder applicable laws, rles and !o)pany policies, who are free fro) any bsiness or other relationships with PLDT and its sbsidiaries which cold, or cold reasonably be perceived to, )aterially interfere with the e(ercise of independent 8dg)ent in carrying ot their responsibilities as independent directors& The Board of Directors provides strategic leadership in PLDT9s governance& The Board oversees the corporate governance fra)ewor* established to enable the !o)pany to condct its bsiness in order to foster long ter) sccess, sstain co)petitiveness and create vale for its sta*eholders& The co)pany9s e:orts in pholding its high 7ality corporate governance has garnered the) in ;<=> the following? Philippine 'toc* %(change #P'%$ Bell Awards PSE Bell awardee •
=@th Teleco) Asia Awards Telecom CEO of the Year (For Mr. Napoleon L. Nazareno, Pre!dent and CE" •
0inance Asia - for Philippines Bet CEO (#$" ( For Mr. Napoleon L. Nazareno, Pre!dent and CEO" •
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Bet %n&etor 'elat!on (#$"
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Mot Comm!tted to Pa!n) *ood +!&!dend (#"
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Bet Mana)ed P-l!c Compan (#/"
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Bet Corporate *o&ernance (#0"
Today, in order to elevate the !o)pany9s !" strctres, processes, and practices to global standards, PLDT contines to bench)ar* against recogni4ed international best practices and )onitor develop)ents in corporate governance& Most i)portantly, it endeavors to ventre beyond co)pliance and pro)ote an ethical corporate cltre gided by the principles of Accontability, Integrity, 0airness and Transparency&
CORPORATE SOCIAL RESPONSIBILITY
PLDT !o))nity 5elations #!o)5el$ is the face of PLDT9s !orporate 'ocial 5esponsibility #!'5$& It sstains the !o)panys !'5 i)age of giving personali4ed, lasting, dependable and ti)ely assistance to co))nities in need together with the
PLDT e)ployee volnteers& !o)5el9s !orporate 'ocial 5esponsibility Progra)s inclde the following? Ed-cat!on PLDT Infoteach 3treach Progra) PLDT )yD'L Broadband i4 PLDT-P3 3nline Teachers Develop)ent Progra) Teachers Develop)ent Progra) eLearning 2ille Progra) Philippine Digital Literacy for Co)en Adopt-A-'chool Progra) Brigada %s*wela Pro8ect Telephone !ortesy 'e)inar PLDT Plant Tor and 2isit • • • • • • • • • •
En&!ronment PLDT T%L%pnoE tree-planting %arth Day celebration 5iver !lean-p and Mangrove 5eforestation in Iloilo !ity 'hore it p? 5esce, 5estore, 5eviveE environ)ental awareness progra) .ighway !lean-p Drive for Tirona .ighway in Bacoor The =st Philippine International 5iver '))it ;Fth International !oastal !lean p PLDT-Motolite-PB'P Bali*Baterya Progra) • • • • • • • •
1ealth PLDT )edical and dental )issions 0eeding progra) • •
Emer)enc 'epone Donation of personal co)pters Donation of Potable Cater 'yste) in Ara*an 2alley Bas*etball !a)p to di:erent barangays • • •
5eferences? http?GGwww&pldt&co)Gcorporate-governance-in-pldtGpolicies-processes-and-practicesGawardsand-citations http?GGwww&pldt&co)Gabot-sGcorporate-citi4enshipGco))nity-partnerships http?GGwww&pldt&co)Gabot-sGcorporate-citi4enship http?GGwww&pldt&co)Gcorporate-governance-in-pldtGgovernance-strctres