Petron vows transparency, accountability in operations
Petron Corp., the Philippines’ largest oil refiner, has vowed to adhere to utmost transparency and accountability in its operations. This statement came after the company marked another milestone as it was recently recognized as the top Philippine company in the first Asian Sustainability Ratings (ASR). “This prestigious recognition is a testament to our efforts to pursue business goals in a manner that puts emphasis on accountability and responsiveness to our stakeholders,” Petron Chairman and Chief Executive Officer Ramon S. Ang said. Among the 200 large Asian companies included in the survey, Petron ranked 26th. (November 29, 2009)