Yayasan PETRONAS is the social impact arm of PETRONAS. Our mission is to deliver positive and sustainable impact on the well-being of society across the nation. We initiate and support programmes for deserving communities nationwide that ensure better socio-economic outcomes and shared success for all.
Yayasan PETRONAS is a Malaysia-based tax-exempt entity, registered under Subsection 44(6) of the Income Tax Act 1967.
Focus Areas and Objectives
- Education – We support high quality Science, Technology, Engineering and Mathematics (STEM) education for students to advance Malaysia’s human capital.
- Community Well-being & Development – We create pathways to sustainable livelihoods and better economic opportunities for communities.
- Environment – We identify and implement nature-based solutions that increase resilience of impacted communities while offsetting carbon emissions.
Charter
Yayasan PETRONAS (“the Foundation”) is established as a non-profit organisation limited by guarantee. PETRONAS will make financial contributions to the Foundation for the sole purpose of implementing its social impact activities.
Guiding Principles
Yayasan PETRONAS shapes its decisions based on the following guiding principles
Value Creation
The Foundation aims for initiatives that create value for all parties involved, e.g., society, stakeholders, partners, NGOs and other collaborators.
Sustainable Impact
The Foundation focuses on initiatives that have the potential to solve issues which may require long term intervention for on-going improvement.
Innovative Solution
The Foundation aims to deliver innovative solutions to address issues concerning education, community well-being and development, and the environment.
Effective Partnerships and collaboration
The Foundation places importance on collaborating with stakeholders to offer impactful solutions which address areas of need.