FAQs

Frequently Asked Questions about PTT Philippines Foundation Inc

I. GENERAL

1. What is PTT? How would you briefly describe your business?

PTT is the largest petroleum company in Thailand engaged in the downstream and upstream petroleum business including petrochemical and fuel trading business. Following the privatization of the state owned “PTT Authority of Thailand” in 2001, PTT has inherited from its predecessor the business operations, rights, debts, liabilities and assets. PTT has a ranking of 95 for 2012 in the Fortune Global 500 with revenue of $ 79 Billion. The Fortune Global 500 is the annual ranking of the top 500 corporations worldwide by revenue as compiled and listed by Fortune 500 magazine.

PTT Philippines Corporation (PTTPC) is one of the wholly owned subsidiary companies in the Philippines of PTT. PTTPC is tasked to supply and distribute various petroleum and lubricants products in the Philippine domestic market and have various retail gasoline stations in Metro Manila, Central Luzon and Cebu.

2. How many stations across the country do you have? How many of these are wholly owned by PTT and how many are franchised stations?

We currently have 58 stations in our retail network. Our retail stations are found in Metro Manila, Northern and Central Luzon and in Cavite / Laguna Area. CODO (Company Owned Dealer Operated) stations number around nineteen (19) stations while the rest are DODO (Dealer Owned Dealer Operated stations).

3. What is your target in terms of expansion? How would you plan to achieve this?

We aim to open an additional 15 stations per year. We plan on locating suitable empty lots to develop into full fledged gasoline retail stations and/or finding generic and EOC (End of contract) branded gasoline stations that are willing to convert to PTT brand.

II. ON CORPORATE SOCIAL RESPONSIBILITY (CSR)?

1. How does PTT define corporate social responsibility (CSR)?

One of PTT Group Mission is to take care of the society and community, being a good corporate citizen by protecting the environment and improving the quality of life for communities.

The company's mission states responsibility to all stakeholders, from the national to the community level, while this policy guideline has become PTT Group's strategy in running its CSR activities that take into account intra-organizational behavior of a sound standard to extra-organizational behavior filled with responsibility to society, communities and the environment.

For an even greater efficiency of organizational strategies on social responsibility, PTT has appointed a social responsibility policy at the corporate level as well as at the PTT Group level to define clear policies, goals and guidelines for social responsibility.

2. What are your areas of focus? (Education? Environment? Livelihood?)

PTT Philippines Foundation, Inc. (or the “Foundation”) is an independent, non-stock, non-profit philanthropic organization funded primarily by annual donations from PTT Philippines, Corp. and PTT Philippines Trading Corp.(collectively, the “Corporations”).

The PTT Philippines Foundation was formed with the intention to serve as PTT Philippines Group principal arm in Corporate Social Responsibility a way for PTT Philippines Group mission of giving back to the community, being a good corporate citizen by protecting and improving the quality of life for communities.

3. Are CSR projects part of PTT’s priority?

PTT Philippines Foundation, Inc. is formed in order to help improve the quality of life — now and in the future — particularly in the communities where the Corporations have a presence, i.e., Metro-Manila, Cebu City, Olongapo City, Bataan, Zambales and Pampanga Provinces, or where they or any of the Corporations may establish presence (hereinafter the “Covered Communities”). The Foundation’s programs reflect a commitment to play an active role in those areas and give back to future generations by, initially, implementing a Community Educational Advancement Program composed of scholarship grants for indigent and underprivileged children therein and construction initiatives to erect elementary public school buildings. Eventually, the Foundation expanded its charitable agenda to include, among others, a Community Environmental Protection Initiative, which includes reforestation and tree-planting activities.

3. Are CSR projects part of PTT’s priority?

The PTT Group Mission specifically provides one of its responsibility is to take care of the society and community, being a good corporate citizen by protecting the environment and improving the quality of life for communities.

4. What CSR project would you consider as the most successful? What factors contributed to its success?

All PTT CSR Projects were all considered successful, each project has its own success stories. However, the response of PTT Foundation and the employee volunteers with sense of urgency in times of typhoons and flood calamities where families affected were provided by the Foundation with relief goods benefitting hundreds of families would be considered as most fulfilling.

5. Do PTT employees actively engaged in CSR activities?

Yes, this is very evident in most of PTT Foundation projects where a number employee volunteer and even share personal time, money and resources.

6. How does PTT promote environmental responsibility among its employees?

Thru the inclusion in the PTT Group mission the responsibility to take care of the society and community, being a good corporate citizen by protecting the environment and improving the quality of life for communities.

PTT Philippines through its President and CEO Wisarn Chawalitanon, has lead the employees in supporting CSR activities and has transformed many of PTT employees with volunteerism as a way of life contributing beyond business goals and bounds of individual work to share personal time and resources for various worthy causes.

III. ON GAS UP FOR A TREE

1. Why focus on environment?

PTT Philippines Foundation, Inc. recognizes and embraces the idea that what we do today to our environment creates a big impact to our future generations. It is relative also to note that if we protect the environment, the environment will protect us. We also believe that every individual has a social responsibility of nurturing and sustaining our biodiversity. In this regard, PTTPFI takes initiative in mitigating environmental damages by being proactively involved in various activities concerning environmental protection.

2. Why did you choose Bataan as the location and the Magbukun Aeta Tribe of Morong Bataan specifically as the beneficiary?

Bataan is one of the communities where PTT Philippines do business and it is thru the reforestation activities that these communities are continuously supported.

3. Have you signed formal agreement (or MOA) with the DENR, local government or Magbukun Tribe for this project?

Yes, we have entered to an agreement of mutual support thru Memorandum of Agreement (MOA) signed by DENR, Magbukun Tribe and all the partners of the the Gas Up for a Tree Project namely:

1. Bataan Peninsula State University (BPSU)
2. Bataan Technological Park, Inc. (BTPI)
3. Bases Conversion and Development Authority (BCDA)
4. Wideout Workforce, Inc. (technology partner)
5. National Commission for Indigenous People (NCIP)

4. Is the 10,000 seeds only an initial target? How soon (number weeks or months) can you achieve this?

Is an initial target as the area identified by DERN for PTT reforestation project is approximately 50 hectares.

With more volunteers and partners the target will be easily achieved in less than six months.

5. Do you plan to do second phase of the project?

The 10,000 seedlings/saplings will be planted in approximately 20 hectares and with 30 more hectares for future expansion of the reforestation project.

6. When is the target start of the promo?

May 23, 2013.