PMDC UNDERGOES GCG VALIDATION FOR CY 2025
The Philippine Mining Development Corporation’s 2025 Performance Scorecard onsite validation was conducted by representatives from the Corporate Governance Office of the Governance Commission for GOCCs (GCG) on June 23, 2026 at the PMDC Manila Head Office.
The Performance Evaluation System (PES) established by the GCG is the standardized framework used to monitor, evaluate, and incentivize the strategic performance of Philippine Government-Owned or Controlled Corporations (GOCCs) like PMDC. It drives organizational efficiency, transparency, and national development goals.
The system evaluates PMDC and its leadership through three main mechanisms:
- Performance Scorecards: The core of the PES, established annually through Performance Agreement Negotiations (PAN).
These scorecards detail specific metrics and targets, with Strategic Objectives (SO) and the corresponding Strategic Measures (SM) across four standard perspectives:
Financial (SO1 Enhanced Company Profitability);
Stakeholders/Customer Satisfaction (SO2 Optimize the Revenue Potential and Utilization of Awarded Mining Projects, and SO3 Sustain Progressive, Inclusive and Resilient Communities through Responsible Mining);
Internal Process (SO4: Hasten the Development of the Diwalwal Mining Area, SO5: Enhance Operational Efficiency, and SO6: Institutionalize The Quality Management System);
Learning and Growth (SO7: Inclusive Enhancement of Human Resource Competency and Management Effectiveness, and SO8: Inclusive DRRM for External and Internal Customers). - Corporate Governance Scorecard (CGS): Evaluates PMDC’s adherence to international best practices, disclosure and transparency, and board responsibilities, and;
- Director Performance Review (DPR): Assesses individual appointive directors based on board attendance, peer appraisal ratings, and overall organizational performance.
