PMC wins CSR Award
Excerpt of Philex Mining named one of PH’s best in CSR advocacy by Butch Franco
Philex Mining Corporation (PMC) was recognized
for the second time by HongKong-based magazine
FinanceAsia for its outstanding work on its
communities and the environment. PMC was
awarded the ninth place in the Best Corporate Social
Responsibility (CSR) category based on
FinanceAsia’s poll conducted on hundreds of
investors and analysts across Asia.
To strategically support its CSR advocacies, PMC
established the Social Development and
Management Program (SDMP) and the Community
Development Program (CDP). SDMP and CDP
simultaneously focus on the development of PMC’s
host and neighboring communities. SDMP is
implemented in Padcal while CDP is for the areas
under exploration.
“This honor will continue to inspire our employees
to keep on doing what is right in the right way for the
right reasons,” PMC President and CEO Euls Austin, Jr.
said. “This is also a validation of the company’s CSR
advocacy as echoed in the environmental and social
projects it undertakes.”
Residents and visitors fish for tilapia at a fishpond in Sitio Balding,
Brgy. Camp 3 at the Fish Harvest Festival. This is part of the fish-farm
project by the Balding-Tokok Irrigators and Farmers Association
(BATIFA) in cooperation with PMC.
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