Sustainability has long been ingrained in our company. For us, this means using only what we need throughout our value chain while providing customers quality products safely and reliably, caring for our communities and environment, and providing a safe and secure workplace for our colleagues and stakeholders.

As we help propel the economy through energy security, we are also keenly aware of our business impact to the environment. Thus, we have systems in place to measure, manage, and minimize our footprint. From greenhouse gases to energy and water consumption, we continuously improve every aspect of our chain. As we go further on our sustainability journey, we approach this challenge with the help of a skilled and dedicated workforce, with a strong tradition of service excellence, and an even stronger commitment to ensure a better tomorrow.

Environmental Stewardship

We prioritize environmental responsibility by adhering to all applicable regulatory requirements, aiming to minimize our impact on the environment. Environmental footprint is proactively managed as well by reducing emissions, conserving water, and efficiently managing waste. We actively support the government's programs promoting the use of clean fuel, recognizing its importance in achieving sustainable and cleaner energy sources. Additionally, we are committed to continuous development and embracing future technologies for a greener and more sustainable future.

Social Well-Being

Creating a safe, healthy, and positive workplace for our employees is our top priority. We prioritize their well-being, empower their growth and development, and foster a positive work atmosphere. We're committed to improving community well-being through diverse social responsibility programs in education, environment, entrepreneurship, and health services. Through active engagement, our goal is to make a lasting impact beyond our company, benefiting society at large.

Good Governance

We firmly believe in fostering a governance structure that is built upon strong ethical standards, unwavering integrity, and transparency. Our commitment extends to complying with all applicable legislation, regulations, and codes of conduct and practices. Moreover, we strive to exceed these standards whenever possible, reinforcing our dedication to upholding the highest levels of accountability and responsibility. We recognize that managing risks and enhancing our supply chain are crucial for ensuring the long-term viability of our business. By actively addressing potential risks and continuously improving our supply chain, we aim to enhance shareholder value while also making meaningful contributions to national development. Furthermore, we remain committed to the betterment of our fenceline communities, ensuring that our operations positively impact the local areas in which we operate.

Highlights

Over 1,000,000
mangroves planted since 2002

18,000
students from elementary to college already provided scholarships

2,830,000
cubic meters of desalinated water used in 2022

2022 Education Stakeholders Convergence and Partners’ Appreciation Program (award from DepEd)

2022 and 2021 Top Taxpayer and Importer (award from Bureau of Customs)

Petron Foundation Milestones

ESG Pillars

Emission Reduction

By investing in innovative technology and implementing programs, we prioritize advancements at our facilities, particularly the Petron Bataan Refinery (PBR).

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Carbon Capture

With over a million trees planted since 2000, our environmental programs continue to operate in Petron’s fenceline communities and adopted areas.

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Water Conservation

Through various campaigns and initiatives, we strive to minimize the usage of scarce water resources and promote re-use whenever feasible. These efforts include implementing a rainwater harvesting program at Petron Terminals and service stations, as well as implementing the Project CODy water footprinting program and establishing a desalination plant at PBR.

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Workforce Empowerment

We invest in the growth and well-being of our employees, prioritizing their health, safety, and overall success within the company.

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Community Empowerment

Our steadfast dedication to nation-building has led us to implement various programs under our corporate social responsibility arm, Petron Foundation, Inc. These include our Tulong Aral ng Petron (TAP) scholarship program, Puno ng Buhay mangrove reforestation program, and Petron Clinics, among other CSR efforts that aim to empower and uplift our communities. Additionally, we provide assistance to the parents of our TAP scholars and have disaster response programs in place.

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Fueling Global Actions