𝐍𝐏𝐂 𝐬𝐢𝐠𝐧𝐬 𝐭𝐡𝐞 𝟐𝟎𝟐𝟑 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐒𝐜𝐨𝐫𝐞𝐜𝐚𝐫𝐝 𝐚𝐭 𝐆𝐂𝐆’𝐬 𝐏𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐓𝐚𝐫𝐠𝐞𝐭 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞
NPC executives led by President and CEO Fernando Martin Y. Roxas have recently attended the Governance Commission for GOCCs (GCG) 2023 Performance Target Conference and signed its 2023 Performance Scorecard with GCG Chairperson Justice Alex L. Quiroz.
The GCG was mandated by the GOCC Governance Act of 2011 (Republic Act No. 10149) to institutionalize a performance evaluation system (PES) to uphold transparency and promote excellence among GOCCs. With PES, agencies like NPC set targets and weights that are validated and approved by the GCG. The achievement of these targets is then used as the basis for the grant of performance-based bonuses, the reappointment of the head of agencies, and whether the agency should be reorganized, merged, privatized, or abolished.