GOVPH

I

1.a

Does the GOCC disclose a policy that: Stipulates the existence and scope of its effort to address customer's welfare?

Y

The GOCC must 1.) identify its stakeholders and 2.) state the policies that were created for the welfare of its customers.

The stated policies must not be ambiguous and should include their underlying principles and guidelines.

The PRA has identified its stakeholders and documented the same in the PRA Quality Management System (QMS) Manual and PRA Stakeholder Engagement and Management Plan (SEMP).

In accordance with the PRA Quality Policy, the Agency is committed to provide quality public service in the performance of its mandates. The PRA QMS Manual integrates the needs and expectation of the Agency’s relevant interested parties as a source of information in its planning process and strategy formulation. The matrix of needs and expectations of identified relevant interested parties is used as basis to improve PRA's products and services and increase stakeholder satisfaction.

The PRA also developed its SEMP to determine the stakeholders' concerns, issues and feedback and integrate them into PRA's decision-making process. The grievance mechanism institutionalized by the SEMP seeks to address the concern or complaint raised by those affected by the projects and policies of the PRA.In addition to the SEMP's grievance mechanism, the PRA also developed and institutionalized its Feedback and Complaints Mechanism under its Citizen's Charter, detailing the procedures on filing complaints and providing feedbacks for the Agency's government services.

It is also stated in the PRA's Manual of Corporate Governance to ensure fair treatment of stakeholders and to strengthen PRA’s relations with them.

Y

PRA Quality System (QMS) Manual
- Relevant Interested Parties

- Stakeholders Management and Quality Policy

- Stakeholder Engagement and Management Plan (SEMP)

- SEMP Grievance Machinery

- Feedback and Complaints Mechanism

- Manual of Corporate Governance 

 I

 1.b

Does the GOCC disclose a policy that: Elaborates its efforts to interact with the communities in which they operate?

Y

The GOCC must clearly identify its policy on interacting with the communities around it.

The identified policy must not be ambiguous and should include its princples and guidelines.

The PRA CSR Statement provides the basis of the acceptance of reclamation proposals with significant value on its environmental impact, environmental sustainability, and disaster risk reduction components. It affirms that its operations and programs inherently affects not only the environemnt but also the lives and welfare of involved communities. It stipulates that the PRA allocates material and human resources to initiate or enhance community projects primarily for settlements affected by reclamation programs. To achieve inclusive growth, the PRA is committed to establishing an institutional mechanism for educating the public about reclamation and integrating their views in reclamation activities

The PRA CSR statement is stipulated and affirmed in the PRA's Manual of Corporate Governance. The PRA’s Mission and Vision Statements likewise provides emphasis on the environmental sustainability of its reclamation activities consistent to the public interest. While the PRA Quality Policy affirms the Agency's committment to providing quality public service to the people through the standard that it adheres to.

 Y

- PRA CSR Statement

- Manual of Corporate Governance 

- PRA Corporate Statements 

 I

 1.c

Does the GOCC disclose a policy that: Ensure that its value chain is environmentally friendly or is consistent with promoting sustainable development?

Y

The GOCC must clearly identify its policy on 1) keeping its value chain environmentally friendly or 2) promoting sustainable development./span>

The identified policy must not only show how the GOCC complies with existing environmental regulations but should also show how it employs value processes that reduce waste and damage to the environment. The policy should also not be ambiguous and should include its princples and guidelines.

The PRA CSR Statement provides the basis of the acceptance of reclamation proposals with significant value on its environmental impact, environmental sustainability, and disaster risk reduction components. It affirms that its operations and programs affect the environment and that reclamation projects shall be undertaken in an environmentally sustainable manner consistent with public interest. The acceptance of reclamation proposals are decided according to the outcome of a cost vs benefit analysis whereby the project proceeds when the benefit outweighs the cost except when the costs will be environmental degradation and imminent danger to people’s lives. PRA strictly observes the outcome of an Environmental Impact Assessment before approving any project. In the course of project implementation, environmentally sustainable innovations and disaster risk reduction components are integrated through hard and soft engineering.

PRA’s Mission and Vision Statements provides emphasis on the environmental sustainability by creating well-planned, environmentally resilient and sustainable reclaimed lands and efficiently developed and managed public estates.

The PRA also issued the following policies to strengthen its objective towards a sustainable and resilient land reclamation and development projects:

1) Administrative Order No. 2021-02, or the "Policy and Guidelines Governing The Social Environment Fund (SEF) Collected From Reclamation Projects", published and effective on June 18, 2021. The policy provided concrete guidelines on setting up environmental fund to be used for any nvironmental and socio-economic enhancement purposes related to reclamation projects or coastal protection initiatives. In general, the funds shall be used for activities contributing to natural resources management, preservation, protection, and enhancement of the environment, related researches, studies, and trainings, incentive measures provided for environmental legislation, and other activities deemed useful for the protection of the environment.

2) Administrative Order No. 2022-01, or the "Guidelines for Environmental Compliance Monitoring by PRA of Approved Reclamation Porjects, Reclamation Components of Infrastructure Projects, and Infrastructure Development of Pre-Approved Reclaimed Lands", was published and became effective on November 11, 2022. The policy provided guidelines to project proponents on the compliances and procedures regarding PRA's monitoring of the environmental aspect of the proposed projects.

 Y

- PRA CSR Statement 

- Manual of Corporate Governance 

- PRA Corporate Statements 

- Administrative Order 2021-02

- Administrative Order 2022-01

 I

 2.a

Does the GOCC disclose the activities that it has undertaken to implement the abovementioned policies? (Customer health and safety)

Y

The GOCC must state the activities it has undergone during the year being assessed to implement its policies on customer health and safety.

PRA commits the promotion of health, safety and welfare of its stakeholders through the following activities:

Initiatives for Road Repair and Rehabilitation for Convenience of the Motoring Public:

PRA continuously performs the necessary actions towards the maintenance and timely repair of PRA roads for the benefit of its motoring public/stakeholders. In 2022, PRA awarded to E.H. Sison Engineers, Co. the consultancy services for the formulation of the Detailed Engineering Design (DED) for the rehabilitation and construction of PRA roads along Asean Avenue, Pres. Diosdado Macapagal Blvd. (PDMB), and Diokno Blvd. PRA likewise monitors the asphalt overlay project in PDMB and Baclaran Redemptorist Channel which started on April 18, 2022 and was completed on November 22, 2022. Further, PRA also continuously monitors the progress of the rehabilitation project on Diokno-Libertad bridge which started in December 2022.

Inclusion of Stakeholders' Safety in the PRA Workplace Handbook on COVID-19 Management and Prevention:
The PRA continuously implements the safety measures and protocols for its stakeholders under the PRA Workplace Handbook on COVID-19 Management and Prevention, in line with the ongoing national measures and protocols.

 Y

Stakeholders' Safety: PRA Workplace Handbook on COVID-19 Management and Prevention - pages 24 and 25 

I 

2.b

Does the GOCC disclose the activities that it has undertaken to implement the abovementioned policies? (Interaction with the communities)

Y

The GOCC must state the activities it has undergone during the year being assessed to implement its policies on community interaction.

The GOCC must state the dates when the aforementioned activities took place.

Interaction with the LGUs of Northern Samar for the Formulation of Coastal Management Strategy Roadmap:
Pursuant to PRA's Mission and Vision and CSR Statements, PRA integrates disaster risk reduction through hard and soft engineering as components of its annual and continuing initatives with and for vulnerable coastal communities. In 2022, PRA’s assistance in the formulation of Coastal Protection/Management Strategies (CPMS) by LGUs, continues to be implemented in other priority areas that are most vulnerable to the impacts of climate change. On July 12-15, 2022, PRA representatives conducted an ocular in Catarman, Allen, and Laoang, Northern Samar to personally seek the LGU’s favor regarding the proposed collaboration.

Interaction with Communities in the Province of Cavite for the Social Development and Management Program (SDMP):
The SDMP is a five-year program that ensures that the Agency's operations bring sustained economic and social benefits to its host communities and enhance their living standards. In 2022, several groundwork activities were conducted in the implementation of the SDMP, with target communities in the province of Cavite. Some of these activities are as follows:
1) Profiling of baranggay captains and fisherfolk leaders in Tanza on April 12, 2022
2) Consultation with stakeholders in Naic and Tanza on May 19-20, 2022
3) Consultation with stakeholders in Ternate and Maragondon on June 17, 2022
4) Distribution of sacks of rice to fisherfolks and associations in Tanza and Naic on September 12-17, 2022
5) Distribution of tonner bags as temporary coatsal protection in Tanza on September 14, 2022
6) Distribution by the PRA GAD of 3,250 packs of hygiene kits and medicines to fisherfolks in Tanza on September 17, 2022
6) Distribution of relief assistance in Naic and Ternate on December 20, 2022
7) Participation in socio-cultural activities and provision of various appliances in Ternate on December 27, 2022

 Y

Interaction with Communities in Cavite

 I

 2.c

Does the GOCC disclose the activities that it has undertaken to implement the abovementioned policies? (Environmentally-friendly value chain)

Y

The GOCC must state the activities it has undergone during the year being assessed to implement its policies on promoting sustainable development and/or environmentally-friendly value chain.

The GOCC must state the dates when the aforementioned activities took place.

Environmentally Resilient and Sustainable Projects:
Pursuant to the PRA's Mission and Vision and CSR Statements, PRA places significant value on the environmental impact and environmental sustainability, of any project. This is realized by requiring Environmental Compliance Certificate (ECC) compliance prior the start of any reclamation projects. PRA continued monitoring the proponents’ compliance to the ECC conditions by participating as resource person and regular member of the Multi-Partite Monitoring Teams (MMT). The PRA participated in the MMT activity on April 11, 2022.

Promotion and Integration of Coastal Protection Strategy in Vulnerable Areas:
Pursuant to PRA's Mission and Vision and CSR Statements, PRA integrates disaster risk reduction through hard and soft engineering as components of its annual and continuing initatives with and for vulnerable coastal communities.In 2022, PRA’s assistance in the formulation of Coastal Protection/Management Strategies (CPMS) by LGUs, continues to be implemented in other priority areas that are most vulnerable to the impacts of climate change. On July 12-15, 2022, PRA representatives conducted an ocular in Catarman, Allen, and Laoang, Northern Samar to personally seek the LGU’s favor regarding the proposed collaboration.

Coastal Clean-Up:
Part of PRA's commitment to its CSR statement, coastal defense strategy, management, and protection, is its active involvement in coastal clean-up activities conducted on June 25, 2022 and September 17, 2022 along the coastlines in Paranaque, Las Pinas, and Tanza. Through these activities, PRA promotes environmental consciousness and mitigation of environmental concerns as one of its many contributions in nation-building and development.

Internal Environment-Friendly Initiatives:
The PRA office continues to adhere to the Cost-Cutting Measures implemented within the office.

 Y

PRA's Monitoring of ECC Conditions and Participation as MMT Member in Various Projects

Coastal Clean-Up Activities 

Memorandum on Cost-Cutting Measures 

 I

3

Does the GOCC have a separate corporate social responsibility (CSR) report/section or sustainability report/section?

Y

The GOCC must identify both (1) the social and environmental issues of its stakeholders and (2) the activities it undertook to address the said issues during the year being assessed.

No points will be given if only the stakeholders and their CSR issues are identified.

The PRA has a separate CSR section in its website. CSR-related data and information are also disclosed and integrated in the Quality Management System (QMS) Manual and Stakeholders Engagement and Management Plan (SEMP).

The Stakeholder Map, as reflected in the PRA's SEMP, lays out the identified PRA stakeholders with their corresponding designation as either possessing high or low power to affect the pulic perception of PRA and its projects, and either indicating high or low support in the PRA's projects. Said mapping was formulated based on these stakeholders' perception and issues raised before the Agency. With the said stakeholders' map, the PRA identified various stakeholders' engagement strategies in order to mitigate or address their issues and concerns against the PRA and its projects, and/or increase stakeholder support towards PRA and its projects. These strategies eventually formed part of the PRA's charter statement and performance scorecard for CY 2022 where one of the strategic objective was to "increase support of stakeholders, address concerns of affected communities and gain social acceptance of development projects".

Among the 2022 activities conducted as part of the PRA's strategy in addressing stakeholder concerns include conducting stakeholder consultations and profiling and data collections from various communities, mostly in LGUs of Province of Cavite as part of PRA's plans and programs in the implementation of the PRA SDMP, and monitoring and review of compliance with Environmental Compliance Certificate conditons by project proponents.

Y 

- PRA CSR Statement 

- SEMP Stakeholder Map 

- CY 2022 Strategy Map and Charter Statement

- PRA Activities as part of Strategies to Address Stakeholder Concerns

- PRA's Monitoring of ECC Conditions and Participation as MMT Member

 I

 4

Where stakeholder interests are protected by law, stakeholders should have the opportunity to obtain effective redress for violation of their rights. Does the GOCC provide contact details via the company's website or Annual Report which stakeholders (e.g. customers, suppliers, general public etc.) can use to voice their concerns and/or complaints for possible violation of their rights?

Y

The GOCC must have contact details (phone number or email address) specifically for concerns and/or complaints.

The PRA website has a page for Telephone Directory with phone numbers, PRA email, and office address specifically for suggestions/complaints/queries.

The PRA website also publishes its Citizen's Charter with Feedback and complaints Mechanism (included are the procedures and relevant email and hotline numbers) for stakeholder/client's concerns, feedback, complaints for PRA government services: "For feedback and/or complaints about PRA services and processes under its Citizen’s Charter, you may reach us through any of the
following channels: (email) This email address is being protected from spambots. You need JavaScript enabled to view it.; (hotline numbers) 8459-5000 loc. 8605 or (+639)178109171"

 Y

PRA Telephone Directory

PRA Feedback and Complaints Mechanism

 I

 5.a

Performance-enhancing mechanisms for employee participation should be permitted to develop. Does the GOCC explicitly mention the health, safety and welfare policy for its employees?

Y

The GOCC must clearly identify its policy on employee health, welfare and safety.

The identified policy must not be ambiguous and should include its principles and guidelines.

The PRA maintains the implementation of the PEA – Program on Awards and Incentives for Service Excellence (PEA-PRAISE), PRA Employee’s Manual and the Grievance Mechanism. These policies and protocols aim to guarantee a fair and safe working environment, encourage participation in the Agency's health and wellness programs, promotoe corporate activities for employees and camaraderie building, and encourage creativity and innovativeness in the corporate culture.

The PRA also implements the following policies for employee health and safety:
1) PRA Workplace Handbook on COVID19 Management and Prevention - compiles the essential information based on important issuances on COVID-19 prevention and
management in the workplace by relevant agencies; provides proper guidance and appropriate information to all PRA officers and employees, as well as key stakeholders, to ensure that the PRA workforce and their families are safe and secure from the threat of the COVID-19 while continuously providing quality public service to the Filipino people.
2) PRA Mental Health and Wellness Program - ensures that mental health is valued, promoted and protected; mental health conditions are treated and prevented; such health services are free from coercion and accountable to the service users; and employees affected by mental health conditions are able to exercise the full range of human rights, and participate fully and productively at work, free from stigmatization and discrimination.

 Y

- PRA Employees' Manual 

- PEA-PRAISE 

- Grievance Machinery 

- Employees' Health & Safety: PRA Workplace Handbook on COVID-19 Management and Prevention 

- PRA Mental Health and Wellness Program 

 I

 5.b

Does the GOCC publish data relating to health, safety and welfare of its employees?

Y

The GOCC must publish data related to health, safety and welfare of its employees such as, but not limited to, absenteeism and occupational injuries/diseases.

The PRA COVID19 Pandemic Response Team (PC-PRT) was created to serve as the focal team responsible for the creation and enforcement of the PRA Workplace Handbook on COVID 19 Management and Prevention. Said Handbook provides the guidelines and protocols when physically reporting to the office, alternative work arrangement for employees, protocols for contact tracing, isolation and quarantine, and testing, maintaining health and safety, and other assistance for the employees in order to protect their health and safety during the pandemic.

To ensure employee health and safety and improve the employees' overall health, immunity, and protection, PRA provided Influenza and Pneumonia Vaccination among its employees on November 21, 24, and 25, 2022, conducted by Pharma Quest Co. A total of 237 employees availed the vaccination. Moreover, PRA provided various trainings for its safety officers/personnel for Occupational Health and Safety on August 8-12, 2022, September 19-20 and 26-30, 2022, and November 21-25, 2022.

 Y

Employees' Health & Safety: PRA Workplace Handbook on COVID-19 Management and Prevention 

Data on PRA Employees Health and Safety

 I

5.c

Does the GOCC have training and development programmes for its employees?

Y

The training and development programs for employees must have occurred during the year being assessed and there should be a brief description describing each of the programs.

The PRA established a partnership with the Development Academy of the Philippines (DAP) since 2016 for the PRA’s transition to a competency-based Human Resource Management and Development System. The PRA Individual Strategic Engagement Development and Activation Program (PRAISE) aims to fully install PRA’s competency framework for employees’ exemplary performance into the Agency’s human resources system.

In 2022, units/offices were mobilized to conduct their respective Learning and Development planning, following the guidelines set forth in the PRA Individual Strategic Engagement Program (PRAISE) Manual. Crafting of the Individual Development Plans (IDP) also commenced to address the competency gaps and improve the competency levels of the employees in the core, leadership, and technical competency areas. A number of trainings were attended by the PRA employees responsive to their individual competency needs.

 Y

- PRA Career Development Plan 

 I

 5.d

Does the GOCC publish data on training and development programs for its employees?

Y

The GOCC must give the name of the program and either the 1.) number of participants per program or 2.) average hours per training held

 Y

- 2022 Trainings Attended by Employees

 I

 6.a

Stakeholders including individual employee and their representative bodies, should be able to freely communicate their concerns about illegal or unethical practices to the board and their rights should not be compromised for doing this. Does the GOCC have procedures for complaints by employees concerning illegal (including corruption) and unethical behavior?

Y

The GOCC must disclose the actual procedures of their whistleblowing policy for their employees or grievance machinery. Merely stating that they have a policy will not suffice.

Disclosed in the PRA website's Employees Hub are the policies with procedures/mechanisms that the Agency adheres to in order to secure and protect our employees. The Whistleblowing Policy and Grievance Machinery are policies in place which likewise lay out the procedures/mechanism, reporting channels and conditions. The PRA likewise issued Office Order No. 076, s. 2011, constituting the Committee on Decorum and Investigation and describing their functions in accordance with the RA. 7877 (An Act Declaring Sexual Harrassment Unlawful in the Employment, Education and Training Environment)

Y

- PRA Employees Hub 

- PRA Whistleblowing Policy 

- Grievance Machinery 

- Office Order No. 076, s. 2011 

 I

6.b

Y

The GOCC should explicitly disclose the procedures/mechanism in place that protects the whistleblower from retaliation

 II

7.a

Does the GOCC's website disclose the following items: Corporate objectives

Y

The GOCC's corporate objectives must be specific, measurable, achievable, realistic and timely. Showing the GOCC's performance scorecard will also be given points.

Disclosures on Agency's Strategy Map and Performance Scorecard pertaining to the CY2022 strategic objectives are accessibale via the PRA's Corporate Governance webpage

CORPORATE OBJECTIVES
1. To reclaim land, including foreshore and submerge areas, by dredging, filling or other means, to acquire reclaimed land;
2. To develop, improve, acquire, administer, deal in, sub-divide, dispose, lease and sell any and all kinds of lands, buildings, estates, and other forms of real property, owned, managed, controlled and/or operated by the Government; and
3. To provide for, operate or administer such services as may be necessary for the efficient, economical and beneficial utilization of the above properties.

STRATEGIC/MEASURABLE OBJECTIVES BASED ON CY2021 STRATEGY MAP
1. Increase number of environmentally sound buildable areas for development
2. Promote and integrate a comprehensive coastal defense/protection strategy into development plans
3. Increase support of stakeholders, address concerns of affected communities and gain social acceptance of development projects
4. Increase revenue and improve cash flow
5. Increase inventory of marketable land assets
6. Implement clear and efficient reclamation guidelines & public estates development & management
7. Strengthen culture of continuous training and innovation in the organization
8. Implement a Quality Management System (QMS)

 Y

- PRA's Corporate Governance 

- CY 2022 Strategy Map and Charter Statement 

- CY 2022 Performance Scorecard and  CY 2022 Performance Scorecard (Quarterly)

 II

7.b

Does the GOCC's website disclose the following items: Financial performance indicators

Y

Apart from declaring the financial performance indicators in the annual report and audited financial statements, declaring the financial strategic measures in the GOCC's performance scorecard will also merit points.

Disclosures on Agency's Financial Performance Indicators: FY2022 Audited Financial Statement are not yet received from the Commission on Audit as of date, but once available, the same shall be made accessible to the public via the PRA's Corporate Governance webpage and the Agency's annual corporate report. However, FY2022 Balance Sheet, Statement of Income and Expenses, Statement of Changes in Equity, Statement of Cash Flow are currently accessible via the Transparency Seal.

The PRA's CY2022 Strategy Map and Performance Scorecard, accessible via the PRA's Corporate Governance webpage, also contains the Agency's financial strategic measure, particularly to "Increase Revenue and Improve Cashflow".

 Y

- PRA's Corporate Governance 

- PRA Transparency Seal 

- FY2022 Balance Sheet as of December 31, 2022

- FY2022 Statement of Income & Expenses as of December 31, 2022 

- CY2022 Strategy Map and Charter Statement

- CY 2022 Performance Scorecard and  CY 2022 Performance Scorecard (Quarterly)

 II

7.c

Does the GOCC's website disclose the following items: Non-financial performance indicators

Y

Apart from declaring the non- financial performance indicators in the annual report and accomplishment reports, declaring the non-financial strategic measures in the GOCC's performance scorecard will also merit points.

The PRA's CY2022 Strategy Map and Performance Scorecard, accessible via the PRA's Corporate Governance webpage, contains the Agency's non-financial strategic measures. Non-financial Performance for CY2022 shall also form part of the Corporate Annual Report which to be published in the PRA website once the Agency receives its Audited Financial Statements from the Commission on Audit.

Y

- PRA's Corporate Governance 

- CY2022 Strategy Map and Charter Statement

- Final Accomplishment Report for CY 2022 Performance Scorecard

 II

7.d

Does the GOCC's website disclose the following items: Details of whistle-blowing policy

Y

The GOCC must disclose the actual procedures of their whistleblowing policy for their stakeholders. Merely stating that they have a whistleblowing policy will not suffice.

Disclosed in the PRA website is the Whistleblowing Policy which lays out the actual procedures/ mechanisms, reporting channels and conditions. The same shall form part of the Corporate Annual Report which is to be published in the PRA website once the Agency receives its Audited Financial Statements from the Commission on Audit.

Y 

- PRA Whistleblowing Policy 

 II

7.e

Does the GOCC's website disclose the following items: Biographical details (at least age, qualifications, date of first appointment, relevant experience, and any other directorships of listed companies) of directors/commissioners

Y

All of the biographical details of ex officio and appointive direcors being asked by the item must be provided, otherwise no point will be given should there be a missing detail.

Disclosure on the PRA Board's profile, biographical details, qualifications and relevant experiences, date of appointment and oath office, committee memberships, directorships and trainings attended are found in the PRA's Board and Management Profile webpage. The same shall form part of the Corporate Annual Report which is to be published in the PRA website once the Agency receives its Audited Financial Statements from the Commission on Audit.

 Y

- PRA Board and Management Profile

 II

7.f

Does the GOCC's website disclose the following items: Training and/or continuing education programme attended by each director/commissioner

Y

All the trainings of Appointive Directors up until the year being assessed must be disclosed. If the Appointive Director did not attend a meeting on the year being assessed, a statement regarding his lack of training must be made in order to garner points for this item.

Disclosure on the PRA Board's attended trainings is found in the PRA's Board and Management Profile webpage. The same shall form part of the Corporate Annual Report which is to be published in the PRA website once the Agency receives its Audited Financial Statements from the Commission on Audit.

Y

- PRA Board and Management Profile

- Summary of CY2022 Trainings Attended by the PRA Board

 II

9.

Does the GOCC's website contain a statement confirming the company's full compliance with the code of corporate governance and where there is non-compliance, identify and explain reasons for each such issue?

Y

The GOCC must state that it fully complies with the code of corporate governance and if there is non-compliance, it must explain the reason for the non-compliance.

Merely stating that the GOC "generally complies" with the code of corporate governance will not be taken as full compliance and will not garner any points

The PRA fully complies with the Code of Corporate Governance.

A Statemenf of Full Compliance with the Code of Corporate Governance was issued by the Board Secretary dated March 28, 2023.

 Y

- Statement of Full Compliance with the Code of Corporate Governance 

 III

11.a

Has the Board of Directors reviewed the vision and mission/ strategy in the last financial year?

Y

The GOCC must disclose that the Board has reviewed the mission, vision and strategy during the year being assessed. The date of review must also be indicated. Merely stating the GOCC's mssion, vision and strategy, and posting documents (strategy map and scorecard) will not be given points.

The PRA Governing Board annually reviews, monitors and evaluates the PRA's vision, mission, strategies, policies and procedures pursuant to their functions stipulated in the PRA’s Manual of Corporate Governance.

The PRA Board reviewed the Mission and Vision, and the CY2022 Strategy Map and Strategic Objectives in the PRA’s Annual Planning Session on January 19-21, 2022. The PRA Board likewise reviewed the Agency's accomplishments and status of strategies and performance targets in the PRA's Mid-Year Assessment and Interim Planning Session on July 6-8, 2022.

 Y

- Manual of Corporate Governance page 5 item 4.3.b and 4.3.i 

Board's Review of the PRA's Mission and Vision and Strategies IN CY2022

Y

There should be a disclosure on how the Board oversees the implementation of the corporate strategy.

 III

 13.a

Are the details of the code of ethics or conduct disclosed?

Y

The details of the Code of Ethics or Conduct must be disclosed. Merely stating that the GOCC has a Code of Ethics without divulging information on the coverage of the Code or how breaches are handled will not suffice.

Disclosure of the PRA Code of Ethics is found in the PRA's Employees Hub webpage. It is also accessible through the "About PRA" menu option

The PRA Code of Ethics describes the norms of conduct, policies, implementation process, monitoring and conduct of every employee, duties of officials and employees, prohibited acts, and penalties, which should be strictly observed. PRA also adheres to CSC rules and regulations on proper norms and conduct of a civil servant.

The coverage, as stipulated in Section 1 of the Code, states that "This Code of Conduct and Ethics shall apply to the Board of Directors, officers and employees of PRA whether appointed by the President of the Philippines, regular, permanent, temporary, contractual, co-terminous or casual employees". For any breach, violation, or commission of prohibited acts under the Code, appropriate penalties in accordance with the rules and procedures on administrative and/or civil cases promulgated by the appropriate oversight and quasi-judicial agencies shall apply, as stipulated in Section 10 thereof.

Y 

- PRA Employees Hub 

- PRA Code of Ethics 

- PRA No Gift Policy 

III

13.b

Does the GOCC disclose that all Directors/Commissioners, senior management and employees are required to comply with the code?

Y

It must be explicitly stated that all the Directors, senior management and the employees are required to comply with the Code. If the Code is only for employees, the item will be marked as "N."

III

13.c

Does the company disclose how it implements and monitors compliance with the code of ethics or conduct?

Y

Examples of activities done in order to implement or monitor compliance with the Code of Ethics/Conduct are:

-communicating the code to all existing and new employees and directors
- making the code available on the company intranet for ease of access
- requiring all parties to declare annually that they have complied with the code of ethics or conduct

The PRA implements and monitors the employees' compliance with the Code of Ethics by making the Code accessible to the employees through the PRA Employees Hub for ease of access.

The PRA strengthened the observance of the Code of Ethics by issuing the PRA No GIft Policy emphasizing the declaration of policies in the Code of Ethics. The PRA No Gift Policy, as well as the other elevant laws and issuances of other Agencies, are likewise accessible to all employees through the PRA's Employees Hub.

Y

III 

14

Does the Board appoint a Nomination Compensation / Remuneration Committee?

Y

The GOCC must disclose the names of all of the members of its Nomination, Compensation / Remuneration Committee during the year being assessed. Merely stating the name of the office/agency of the Ex Officio Member will not suffice and will not garner any points.

In accordance with Sec. 6 of the PRA Manual for Corporate Governance, the members of the Nomination and Remunerations Committee during CY2022 are:

Chairman Alberto C. Agra
Dir. Dioscoro E. Esteban, Jr.
Dir. Oscar T. Lactao
Dir. Ulysses T. Sevilla
Dir. Nolasco K. Bathan
Dir. Henry A. Robinson Jr.

Y

- PRA Board and Management Profile 

 III

15

Did the Nomination Compensation/Remuneration Committee meet at least twice during the year?

Y

The GOCC must publish the meeting attendance records during the year being assessed.

The Nomination and Remunerations Committee conducted seven (7) meetings in CY2022 on the following dates:

May 5, 2022
May 19, 2022
June 16, 2022
June 28, 2022
September 29, 2022
October 20, 2022
November 15, 2022

 Y

- Board and Board Committees Meeting Attendance for CY2022

 III

16

If yes, is the report of the Nomination Compensation/Remuneration Committee publicly disclosed?

Y

The GOCC must publish an accomplishment report of the committee and/or minutes of the meetings held.

The Nomination and Remunerations Committee's CY2022 Accomplishment Report is disclosed

 Y

- Nomination and Remunerations Committee CY2022 Accomplishment Report

III 

17

Does the Board appoint an Audit Committee?

Y

The GOCC must disclose the names of all of the members of its Audit Committee during the year being assessed. Merely stating the name of the office/agency of the Ex Officio Member will not suffice and will not garner any points.

In accordance with Sec. 6 of the PRA Manual for Corporate Governance, the members of the Audit Committee in CY2022 are:

Dir. Dioscoro E. Esteban, Jr.
Dir. Oscar T. Lactao
Dir. Ulysses T. Sevilla
Dir. Nolasco K. Bathan

 Y

- PRA Board and Management Profile

III 

18

If yes, is the report of the Audit Committee publicly disclosed?

Y

The GOCC must publish an accomplishment report of the committee and/or minnutes of the meetings held.

The Audit Committee's CY2022 Accomplishment Report is disclosed

 Y

- Audit Committee CY2022 Accomplishment Report

  III

 19

Does at least one member of the Audit Committee have an audit, accounting or finance background (qualification or experience)?

Y

The educational qualifications and/or work experience of the Audit Committee Members should be disclosed. At least one of the Audit Committee Members must have an audit, accounting or finance educational or work background in order to garner points for this item.

Dir. Ulysses T. Sevilla has attended trainings and seminars on "Enhancing Audit Committee Effectiveness (Essentials)" and "Seminar on Finance for Directors", both conducted by the Institute of Corporate Directors.

Dir. Nolasco K. Bathan attended a training/seminar on "Cooperative Financial Management" conducted by the Union of Defense and Public Safety Cooperatives on June 25-26, 2016.

 Y

- Dir. Ulysses T. Sevilla CV 

- Dir. Nolasco K. Bathan CV

 III

20

Did the Audit Committee meet at least four times during the year?

Y

The GOCC must disclose all the audit committee meetings held during the year being assessed.

The Audit Committee conducted six (6) meetings in CY2022:

February 16, 2022
March 21, 2022
April 4, 2022
May 5, 2022
May 19, 2022
June 28, 2022

 Y

- Board and Board Committees Meeting Attendance for CY2022

 III

21

Does the Board appoint a Risk Management Committee?

Y

The GOCC must disclose the names of all of the members of its Risk Management Committee during the year being assessed. Merely stating the name of the office/agency of the Ex Officio Member will not suffice and will not garner any points.

In accordance with Sec. 6 of the PRA Manual for Corporate Governance, the members of the Risk Management Committee in CY2021 are:

Chairman Alberto C. Agra
Dir. Dioscoro E. Esteban, Jr.
Dir. Oscar T. Lactao
Dir. Ulysses T. Sevilla
Dir. Nolasco K. Bathan
Dir. Henry A. Robinson, Jr.

 Y

- PRA Board and Management Profile

  III

22

If yes, is the report on Risk Management Committee publicly disclosed?

Y

The GOCC must publish an accomplishment report of the committee and/or minnutes of the meetings held.

The Risk Management Committee's CY2022 Accomplishment Report is disclosed

 Y

- Risk Management Committee CY2022 Accomplishment Report 

 III

23

Does at least one member of the Risk Management Committee have a background in finance and investments?

Y

The educational qualifications and/or work experience of the Risk Management Committee Members should be disclosed. At least one of the Risk Management Committee Members must have an investment and finance educational or work background in order to garner points for this item.

Chairman Alberto C. Agra conducted three (3) seminars for the Ateneo Center for Continuing Education on: (1) PPPs, Project Finance Diploma Course, November 14, 2015; (2) PPPs, Project Finance Diploma Course, November 19, 2016; and (3) PPP Procedures, Risks and Contracts, Project Finance Diploma Course, November 26, 2016. He also attended an Online Training Programme on Fundamentals of Infrastructure Project Finance on May to July 2011.

Dir. Ulysses T. Sevilla attended trainings and seminars on "Enhancing Audit Committee Effectiveness (Essentials)" and "Seminar on Finance for Directors", both conducted by the Institute of Corporate Directors. He likewise attended trainings on "Risk Management Sessions on How to Conduct Risk Management and Understanding Risk Management" and "Corporate Governance Conference Competing Against Risk"

Dir. Oscar T. Lactao and Dir. Dioscoro E. Esteban, Jr. attended trainings on "Risk Management Sessions on How to Conduct Risk Management and Understanding Risk Management" .

 Y 

- Chairman Alberto C. Agra CV

- Dir. Ulysses T. Sevilla CV 

- Dir. Oscar T. Lactao CV 

- Dir. Dioscoro E. Esteban, Jr. CV 

 III

24.a

Are the Board of Directors meetings scheduled at the beginning of the year? (end of Q1)

Y

The GOCC must explicitly disclose that the meetings held on the year being assessed were scheduled well in advance and when they were scheduled.

Regular Board meetings are held every third Wednesday of the month. Changes and adjustments in the schedule are made relative to the availability of the GM/CEO, Chairman of the Board and Board of Directors.

Y 

 III

24.b

Does the Board of Directors meet at least monthly?

Y

The GOCC must show its attendance records that there were monthly meeting held.

Disclosed in the CY2022 Summary of Board Meeting Attendance are the Board's conducted monthly meetings

Y

- CY2022 Board and Board Committee Attendance 

 III

24.c

Did the Board of Directors meet on at least 75% on their scheduled meetings?

Y

In order to garner points for this item, the GOCC must be able to first prove that meetings were scheduled in advance (Q. 24.a.) Afterwhich, a schedule of actual meetings held must be shown to prove that the Board met on at least 75% of their scheduled meetings.

 All of the scheduled monthly meetings of the Board were conducted/held and proceeded with quorum

 Y

- CY2022 Board and Board Committee Attendance 

 III

24.d

Has each of the directors/commissioners attended at least 90% of all the board meetings held during the year?

Y

All of the attendance of Appointive and Ex Officio/Alternate Directors must be considered and all of them should have attended at least 90% of the board meetings held during the year in order to garner points for this item.

Each of the directors attended at least 90% of all the board meetings in CY 2022.

Y

 III

24.e

Did the Board of Directors meet separately at least once during the year without the President/CEO present?

Y

The GOCC must explicitly state a meeting held on a specific date wherein the Board met without the President/CEO present.

The Board of Directors conducted/held a meeting on December 12, 2022 without the General Manager/CEO.

 Y

- CY2022 Board and Board Committee Attendance 

 III

 25.a

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?

Y

The GOCC must clearly dislclose that the Board was provided with the board papers for the upcoming meeting at least 3 working days in advance of the said meeting.

The PRA's Manual on Corporate Governance stipulates that Board papers/materials are provided to the members of the Board at least three (3) working days prior the scheduled Board meeting. The Board likewise adopted a policy stipulating that Board papers for Board meetings shall be provided to the Board at least three (3) working days in advance of the meeting thorugh Board Resolution No. 4818, s. 2017.

The PRA has also implemented Paperless Board meetings. Board papers/materials can be accessed by the members of the Board online through an application specifically for PRA use only via tablets, mobile phone, laptops or desktops.

 Y

- Manual of Corporate Governance page 9 item 5.2.e

- Board Resolution No. 4818, s. 2017 

 III

25.b

Is the Board Secretary trained in legal, accountancy or company secretarial practices?

Y

The GOCC should disclose the educational and work background of the Corporate Secretary. In order to garner points for this item, there should be proof that the Corporate Secretary has legal, accountancy or secretarial educational/work background.

The Board Secretary's educational and professional experience is disclosed in the CV accessible in the PRA's Board and Management Profile webpage. The Board Secretary is a member of the Integrated Bar of the Philippines.

Y

- PRA Board and Management Profile

 - Board Secretary' CV

 III

26.a

Does the company have a separate internal audit function?

Y

There should be a clear showing that there is a separate internal audit function in the GOCC, whether it be a singular internal auditor, an entire internal audit department or an external firm. If it is a secondary function of an existing staff or department, the GOCC will not garner points for this item.

The PRA's Table of Organization indicates that the PRA Internal Audit Division is under the Board of Directors

Y

- PRA Table of Organization 

 III

26.b

Does the appointment and removal of the internal auditor require the recommendation of the Audit Committee?

Y

The GOCC should explicitly state that the appointment and removal of the internal auditor require the approval of the Audit Committee.Should the charter of the GOCC provide for another mode of appointment/removal of the internal audtor, this should also be stated in order for the assessors to consider such issue.

As approved by the Board in its Resolution No. 4853, s. 2018, the PRA Audit Committee Charter was amended to stipulate "The Committee shall be responsible in endorsing to the Board the appointment and removal of the Head of the Internal Audit Division ".

Y

- Board Resolution No. 4853, s. 2018 

 III

27.a

Does the company disclose the internal control procedures/risk management systems it has in place?

Y

The GOCC must name all the key internal control procedures and its risk management system. There should also be an assignment of responsibilities in order to garner points for this item

The PRA's Manual on Corporate Governance discloses the responsibilities of the Risk Management Committee in performing oversight risk management functions and ensuring that risk management processes are embedded in operations.

The PRA's Material Risk Factors and Strategies also identifies the risks in internal processes and external factors.

Y

- PRA Manual on Corporate Governance item 6.5

- Material Risk Factors and Strategies 

 III

27.b

Does the Annual Report disclose that the board of directors/commissioners has conducted a review of the company's material controls (including operational, financial and compliance controls) and risk management systems?

Y

The GOCC's annual report must explicitly state that the Board conducted a review of the company's risk management system and material controls during the year being assessed.

The Audit Committee certified that through the Internal Audit Division, it has rendered an oversight review of the PRA's system of internal controls and the processes of monitoring compliance with laws. Likewise, the Risk Management Committee certified that it has performed oversight review of the Agency's risk management systems and has found that the same are adequate.

This statement and certification shall form part of the Corporate Annual Report which is to be published in the PRA website once the Agency receives its Audited Financial Statements from the Commission on Audit.

 Y

- Certification on Audit Committee's Review of PRA's Internal Controls and Compliance Processes 

- Certification on Risk Management Systems

 III

 27.c

Does the company disclose how key risks are managed?

Y

The GOCC must disclose all of its key risks (operational, compliance and financial) and how they are being managed. Merely disclosing a list of risks will not garner any points.

The PRA's Material Risk Factors and Strategies identifies the Agency's measures in addressing the key risks in internal processes and external factors.

The PRA's Manual on Corporate Governance also stipulates the responsibilities of the Risk Management Committee in performing oversight risk management functions and ensuring that risk management processes are embedded in operations.

 Y

- Material Risk Factors and StrategiesMaterial Risk Factors and Strategies 

- PRA Manual on Corporate Governance item 6.5

 III

27.d

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?

Y

The GOCC's Board or Audit Committee must explicitly state that the GOCC's risk management systems and internal controls are adequate

The Audit Committee certified that through the Internal Audit Division, it has
rendered oversight reviewof the PRA's system of internal controls and the process of monitoring compliance with laws. IT has received, deliberated and thereby elevated to the appropriate forum the reports with regards to the adequacy of PRA's internal control system. Likewise, the Risk Management Committee certified that it has performed oversight review of the Agency's risk management systems and has found that the same are adequate.

This statement and certification shall form part of the Corporate Annual Report which is to be published in the PRA website once the Agency receives its Audited Financial Statements from the Commission on Audit.

Y

- Certification on Audit Committee's Review of PRA's Internal Controls and Compliance Processes

- Certification on Risk Management Systems

 III

28

Do different persons assume the roles of Chairman and CEO?

Y

The GOCC's PCEO and Chairman during the year being assessed must be clearly identified in the website. An N/A rating will be given should the GOCC's charter provide that the Chairman and PCEO positions must be held by a single person.

Chairman: Atty. Alberto C. Agra

General Manager and CEO: Atty. Janilo E. Rubiato

 Y

- PRA Board and Management Profile

 III

29.a

Does the GOCC have orientation programs for new Directors?

Y

The GOCC must not only state that it has an orientation programs for Directors. Details and/or coverage of the orientation program must be disclosed in order to garner points for this item.

It is the PRA policy that new appointive Director/s undergo orientation program facilitated by the Management Committee and Corporate Planning & MIS Department. The orientation covers topics of PRA history, mandates, pertinent legal issuances, table of organization, core functions and duties and responsibilities of each unit/department, status of PRA projects, and financial and non-financial standing of the Agency. Reference materials are given in advance as a kit for the new appointive Director/s for the latter to review before and after the orientation. Any questions or clarifications are likewise addressed by the concerned unit/department during and after the orientation.

Y

- Board Resolution No. 4818, s. 2017 

 III

 29.b

Does the GOCC have a policy that encourages Directors/Commissioners to attend on-going or continuous professional education programs?

Y

Apart from stating the GOCC's training policy and continuous education programs for its Directors, the GOCC may also state that it has a training budget allocated for the Directors on the year being assessed.

It is the PRA policy to require the Directors to attend at least two (2) ongoing or continuous professional education programs within a given calendar year.

Y

- Board Resolution No. 4818, s. 2017

 III

29.c

Did all Appointive Directors attend at least 1 training for the calendar year?

Y

The GOCC must disclose that each Appointive Director attended at least one (1) training during the year being assessed. If there is an Appointive Director who did not attend at least one (1) training the GOCC will not garner points for this item.

The following members of the Board attended at least one (1) training in CY2022:

GM & CEO Janilo E. Rubiato
- MCLE Lecture Series
Dir. Ulysses T. Sevilla
- ICD Masterclass; ESG Strategy
Dir. Dioscoro E. Esteban, Jr.
- ICD Masterclass; ESG Strategy
Dir. Nolasco K. Bathan
- Corporate Governance Orientation for GOCCS
- Strategy Execution Pathway Essential
- ICD Masterclass; ESG Strategy

 Y

- Summary of CY2022 Trainings Attended by the PRA Board

 III

30.a

Is an annual performance assessment conducted of the Board of Directors?

Y

The GOCC should conduct its own Board Appraisal which is different from GCG's internet-Based Performance Evaluation for Directors (iPED). It must be readily apparent when the said Board Appraisal was conducted in order to garner points for this item.

The PRA developed the Annual Performance Evaluation of the Board as part of the best practices of the Agency. It is an effective tool to maintain the government corporate standard and enhance the organizational effectiveness of the corporation by way of an annual evaluation measure on the due diligence being exercised by its Governing Board in fulfilling its duties and responsibilities as mandated by law. Furthermore, the same is also utilized as basis to determine and/or develop appropriate induction and training programs for the new and existing members of the Board.

Consistent with the previous years, the PRA has successfully conducted the Board Performance Evaluation for Calendar Year 2022 among the Board and Board-level Committees as collegial bodies, as well as among the members as individual members of the Board. Said Board Performance Evlauation was conducted during the physical Board meeting on January 30, 2023.

Y 

- Board and Board Committees Performance Evaluation 

 III

 30.b

Does the GOCC disclose the process followed in conducting the Board assessment?

Y

The GOCC must disclose the entire process involved in undertaking the Board Appraisal.

The Performance Assessment is conducted annually among the Board and Board-level Committees as collegial bodies, as well as among the members as individual members of the Board. Assessors are given questionnaire with questions crafted to extract their self and peer-to-peer evaluation in the areas of Leadership, Productivity, and Diligence.

The results of the performance assessments are evaluated and deliberated upon annually by the Corporate Governance Committee in a duly constituted meeting.

 Y

 III

 30.c

Does the GOCC disclose the criteria used in the Board assessment?

Y

The GOCC must disclose the entire process involved in undertaking the Board Appraisal.

The Criteria used in the Performance Assessment of the Board is as follows:

(40%) Leadership (refers to the fulfilment of Board's Key Responsibilities)

(30%) Productivity (refers to Board's formulation of policies)

(30%) Diligence (refers to Board's attendance and active participation in meetings)

Total of 100%

 Y

 III

 31

Is an annual performance assessment conducted of the Board of Directors Committees?

Y

The GOCC should conduct an Appraisal of its Committees' performance during the year being assessed. It must be readily apparent when the said Committee Appraisal was conducted in order to garner points for this item.

Consistent with the previous years, The PRA has successfully conducted the Board Performance Evaluation for Calendar Year 2022 among the Board and Board-level Committees as collegial bodies, as well as among the members as individual members of the Board. Said Board Performance Evlauation was conducted during the physical Board meeting on March 17, 2022 and January 30, 2023.

Y