State-run National Food Authority (NFA) was awarded an “excellent” rating in the 2025 Corporate Governance Scorecard (CGS) by the Governance Commission for Government-Owned or Controlled Corporations (GCG), marking a significant recognition of the agency’s ongoing reform efforts.
The CGS released its results on Nov. 7, 2025, showing the NFA scored 80.73 percent. This is the first time in recent years the agency achieved the “excellent” adjectival rating under the GCG’s rigorous evaluation system.
The annual CGS assessment measures state-run firms’ adherence to globally recognized corporate governance standards. It evaluates performance in key areas such as stakeholder relations, disclosure and transparency and board responsibilities, all designed to promote accountability, ethical leadership and operational efficiency in the public sector.
NFA administrator Larry Lacson commended the agency’s CGS technical working group, saying the rating reflects the NFA’s strengthened governance framework.
“This is proof of our commitment to serve the public with integrity, transparency and efficiency,” Lacson said.
The NFA is tasked with maintaining the country’s rice buffer stock at an optimal level, equivalent to 15 days of national consumption, to ensure immediate availability during calamities and emergencies. The “excellent” rating highlights the agency’s push to modernize its systems, uphold ethical standards and provide responsive service to farmers and consumers.
 of the Philippines received an "Excellent" rating in the 2025 Corporate Governance Scorecard (CGS) from the GCG, scoring 80.73 percent and recognizing its strong commitment to transparency and ethical standards.){kind=link}