The Governance Commission for Government Owned and Controlled Corporation (GCG) issued Memorandum Circular (MC) No. 2024-01 on 28 June 2024 requiring integration of disaster risk reduction and management (DRRM), and gender equity, disability, and social inclusion (GEDSI) in the GOCC Performance Evaluation System (PES).
MC No. 2024-01 cited that the United Nations, in 2015, adopted the 2030 Agenda for Sustainable Development, identifying seventeen (17) Sustainable Development Goals (SDGs) with specific targets and indicators. The SDGs were adopted in the Philippine Development Plan (PDP), with PDP 2023-2028 centering on "Economic Transformation for a Prosperous, Inclusive and Resilient Society."
By integrating DRRM and GEDSI into the PES, GOCCs such as PAGCOR can enhance its governance practices, ensuring they are not only effective and efficient but also adaptive, resilient and inclusive. This integration supports the broader goals of sustainable development and social equity, contributing to the long-term success and credibility of GOCCs.