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In 2002, the Malampaya Deepwater Gas to Power project was awarded the World Summit Business Award for Sustainable Development Partnership at the World Summit on Sustainable Development held in Johannesburg, South Africa. The accolade was endowed by the United Nations Environmental Program and the International Chamber of Commerce in recognition of Malampaya’s careful balance of the social, environmental and economic components in the course of development.
In December 2005, the Malampaya Joint Venture partners, composed of Shell Philippines Exploration B.V., Chevron Malampaya LLC and the PNOC-EC, formed the Malampaya Foundation Inc (MFI) to serve as its social arm and to strengthen commitment in making significant contributions toward community-based sustainable socio-economic development and marine environment conservation. The foundation’s main thrust is to empower people through capacity building and provision of tools to enable productivity, social and economic development and conservation of the environment.
MFI’s main areas of operation are in the impact areas of the Malampaya Deepwater Gas to Power project, namely, Northwest and North Palawan islands, Oriental Mindoro and Batangas City.