PetroEnergy Honored in ICD’s Golden Arrow Awards

Yuchengco-led PetroEnergy Resources Corporation (PERC) received a Golden Arrow Award from the Institute of Corporate Directors (ICD) during the 2024 Golden Arrow Awarding Ceremony at Marriott Hotel, Pasay City, on September 19, 2024. This esteemed recognition highlights PERC’s steadfast dedication to exemplary corporate governance while driving energy innovation and sustainable solutions across the Philippines. This is the third time that PERC has been recognized by ICD for its good corporate governance program and practices. 

From L-R: PERC’s Assistant Corporate Secretary and Compliance Officer Atty. Louie Mark R. Limcolioc, Corporate and Legal Affairs Supervisor Ms. Maritess D. Reyes, and PERC’s Corporate Secretary Atty. Samuel V. Torres received the award on behalf of PERC. 

The Golden Arrow Award is bestowed upon organizations that exemplify achievement in implementing the ASEAN Corporate Governance Scorecard (ACGS), thereby ensuring transparency and accountability throughout their businesses.

“We are truly honored to be recognized with the Golden Arrow Award from the ICD,” stated Atty. Samuel V. Torres, Corporate Secretary of PERC. “This accolade is a testament to the dedication of our entire team in ensuring that we practice responsible corporate governance to benefit not only our company, but our employees and various stakeholders”

PERC is an upstream and renewable energy company that, through its subsidiary PetroGreen Energy Corporation (PGEC), is actively involved in geothermal, solar, and wind energy projects throughout the Philippines. The company continues to expand its renewable energy footprint, reinforcing its role in the nation’s transition to sustainable energy.