The PH-EITI Awards are honors given by the MSG to recognize outstanding performance and achievement in the implementation of EITI in the Philippines.
Currently, there is only one award category -- the Excellence in Reporting Award -- which is the citation given to the companies, national government agency/ies, and local government unit/s that submitted the best reporting templates and posted the least discrepancy after the reporting and reconciliation process of PH-EITI, as conveyed by the Independent Administrator (IA) and approved by the MSG.
Criteria:
1. There are six subcategories:
(i) Metallic Mines;
(ii) Non-metallic Mines;
(iii) Oil & Gas;
(iv) National Government Agencies;
(v) Local Government Units - Tier 1; and
(vi) Local Government Units - Tier 2.
2. There will be three awardees (first, second, and third placers) for each subcategory, except for the Oil & Gas. Only one award each will be given for Oil & Gas since there are only a handful of candidates for the subcategory.
3. Only companies, NGAs, and LGUs that participated in PH-EITI reporting for FY 2019 are qualified to receive an award.
4. For companies, only those with operation during the relevant fiscal year shall be considered for the awards.
5. For LGUs, there are two subcategories: Tier 1 for LGUs with collections above the average amount of all reconciled LGU collections; and Tier 2 for LGUs with collections equal to or lower than the average amount of collections.
6. The Secretariat and the Independent Administrator will submit nominations for each subcategory based on the mechanics and the criteria. The nominations are reviewed and approved by the PH-EITI MSG as the awarding body.
Disclosures (20 points)
3 – Contract
3 – Production and export data
7 – Beneficial ownership information
7 – Gender and employment data (and social and environmental data, if applicable)
Quality of reporting (80 points)
30 – Comprehensiveness and quality of data
30 – Least discrepancy
20 – Timeliness
100 – Total
Quality of reporting (100 points)
40 – Comprehensiveness and quality of data
40 – Least discrepancy
20 – Timeliness
100 – Total
Disclosures (20 points)
20 – Compliance with the relevant major requirements under EITI Requirements 2, 3, 5, 6, 7.2, and 7.3. Two (2) points shall be deducted for every unsatisfied requirement.
Quality of reporting (80 points)
30 – Comprehensiveness and quality of data
30 – Least discrepancy
20 – Timeliness
100 – Total
A government-led, multi-stakeholder initiative implementing EITI, the global standard that promotes the open, accountable management, and good governance of oil, gas, and mineral resources. PH-EITI was created on 26 November 2013 through EO No. 147, s. of 2013. It is a government commitment first announced through EO No. 79, s. of 2012.