Corporate Governance

Code of Business Conduct and Ethics

Our Commitments

We at First Gen Corporation hereby establish this Code of Conduct for the purpose of setting the principles and guidelines in the conduct of our company’s businesses and dealings with our stakeholders.

In the service to the Filipino people, we will be guided by the following values and principles:

    • A pioneering entrepreneurial spirit
    • Business excellence
    • Unity
    • Nationalism
    • Social justice
    • Integrity
    • Employee welfare and wellness

 
As the leading Filipino clean and renewable energy company, we recognize the impact of our operations on society and the environment; hence, we diligently pursue our role and responsibilities as a corporate citizen.

We strive to ensure that our generation facilities are operated efficiently and in a manner that meets or exceeds government health, safety, and environmental standards. We are committed to investing in opportunities that allow our host communities to grow with us.

We value our human resources and commit to support their development and welfare.

In promoting the interests of our stakeholders, we are committed to good corporate governance.

Our Stakeholders

Shareholders 

We strive to grow the business and enhance shareholder value by proactively pursuing opportunities and subjecting these to a diligent analysis of risks and rewards. We remain focused on our core power generation business while developing and seeking other viable energy-related business opportunities.

Customers 

We are committed to be the preferred provider of energy services. In performing our role as the preferred provider, we continue to acquire, develop, finance, operate, and maintain our investments with the single-minded focus on delivering superior services to our customers.

Partners 

We aim to be the preferred partner in nation-building and community development. We are committed to the fulfillment of our social, ethical, environmental, and economic responsibilities.

We consider our suppliers and service providers, as well as our creditors, as our partners.

We value our relationships with our partners and demonstrate this through good governance, transparency, and professionalism.

Government 

We recognize the authority of the government. We abide by their rules, orders and decisions and strive to support activities which are aligned with our aspirations to fulfill our responsibilities as corporate citizens and members of society.

Employees 

Our employees are our most important resource. We are committed to fostering a work environment that encourages innovative and entrepreneurial employees to build our business, where employees are treated with respect and dignity, and where they are given the opportunity to contribute to value creation while developing and using their full potential.

Corporate Social Responsibility

As part of efforts to help develop and improve the quality of life of residents in the host communities and promote their level of self-reliance, we continue to pursue and implement corporate social responsibility and community relations projects in partnership with local government units and other local stakeholders, with particular focus on education, community health and safety, poverty alleviation, and environment.

We remain partners with non-governmental organizations whose objectives and activities are aligned with our goals and aspirations.

Applicability

This Corporate Code of Conduct covers all directors, officers, employees, consultants, product and service providers, and any and all persons acting for and on behalf of the company.