Annual Corporate Governance Seminar

Mandatory seminars are conducted to impress upon and refresh all employees’ awareness and understanding of the Company’s Manual of Corporate Governance and Code of Ethics and Business Conduct, as well as the underlying principles of corporate governance and ethical behavior and conduct for the Company.

In 2011, the Board mandated a Corporate Governance Seminar for all employees. This was followed by a mandate in 2012 requiring all newly-hired employees to attend a new hires’ seminar and an annual Quality Focus seminar which includes an orientation on the Company’s Manual of Corporate Governance and Code of Ethics and Business Conduct.

In 2013, the Company launched its online Corporate Governance E-learning Course for all newly-hired employees. This was taken by all employees through a web-based portal with a standard test, the results of which are reported to management and the Board Corporate Governance Committee.

On July 24, 2014, in compliance with Memorandum Circular 20, Series of 2013 of the Securities and Exchange Commission and in partnership with the Institute of Corporate Directors, the Company held its Aboitiz Annual Corporate Governance Seminar at its principal office in Bonifacio Global City, Taguig City. This seminar was attended by the Company’s Board of Directors and key officers.

On March 25, 2015, the Company conducted its 2015 Aboitiz Annual Corporate Governance Seminar in Taguig City, which was attended by around forty directors and key officer. This seminar was again conducted in partnership with the Institute of Corporate Directors.

On March 28, 2016, the Company together with Aboitiz Equity Ventures, Inc.(AEV) conducted their first In-House Mandatory Corporate Governance Seminar in Shangri-La at the Fort, the Manila. The seminar was attended by over fifty participants composed of AEV and AboitizPower’s Directors and Key Officers.

Role of Stakeholders

Our commitment to corporate governance practices involves a commitment to all our contractual stakeholders and our other community of stakeholders. Our contractual stakeholders include our Customers, our Employees, our Business Partners, our Suppliers, Shareholders, Lenders, and Alliances. We also recognize our community stakeholders who are Consumers, Regulators, Government Agencies, Local Governments, Politicians, Local Communities, Traditional and Social Media, Non-Governmental Organizations, Trade Groups, Advocacy Groups and other groups within the general sphere of influence.

2016 and 2015 Stakeholders Engagement Timeline

SNAP-MAGAT DONATES ECO-FRIENDLY BOATS TO FISHERFOLK ORGANIZATIONS
December 22, 2016
Business Mirror

SN Aboitiz Power-Magat, Inc. turned over 15 fiberglass boats to fisher folk organizations in Isabela, Ifugao and Nueva Vizcaya to promote sustainable livelihood. Read More

Aboitiz gets nod to buy into GN Power
The Standard – Business p B-2 – ( FLORES, Alena Mae S.)

ABOITIZ Power Corp.. through wholly-owned subsidiary Therma Power Inc., has secured an approval from the government to acquire indirect partnership interests in GNPower Mariveles Coal Plant Ltd. Co. and GNPower Dinginin Ltd. Co. Read More

Govt clears Aboitiz Power’s $1.2-B stake buy in GNPower
21-Dec-2016 | Manila Times – Business p B-4 – (Palaña, Voltaire)

ABOITIZ Power Corporation’s (AboitizPower) to acquire indirect partnership interests in GNPower Mariveles Coal Plant Ltd. Co. (GMCP) and GNPower Dinginin Ltd. Co. (GNPD) for an estimated $1.2 billion has been cleared by government regulators, the company said on Tuesday. Read More

PCC okays Aboitiz’ $1.2B bid for 2 coal plants
21-Dec-2016 | Malaya Business Insight – Business Insight p A-3

ABOITIZ Power Corp. wholly-owned subsidiary Therma Power, Inc. (TPI) has secured government approval to acquire indirect partnership interests in GNPower Mariveles Coal Plant Ltd. Co. (GMCP) and GNPower Dinginin Ltd. Co. (GNPD), both located in Bataan. Read More

AboitizPower cleared to acquire stakes in GNPower facilities
21-Dec-2016 | BusinessMirror – Companies p B-1

ABOITIZ Power Corp. (AboitizPower), through its wholly owned subsidiary Therma Power Inc. (TPI), has recently secured approval from the Philippine government to acquire indirect partnership interests in GNPower Mariveles Coal Plant Ltd. Co. (GMCP) and GNPower Dinginin Ltd.Co. (GNPD). Read More

PCC approves AboitizPower’s acquisition of GNPower assets
21-Dec-2016 | BusinessWorld – Corporate News p S1-4 – (SAULON, Victor V.)

ABOITIZ Power Corp. (AboitizPower) has secured the nod of the competition watchdog over its acquisition of the stakes held by The Blackstone Group-backed investment funds in two coal-fired power plants in Bataan for $1.2 billion, the company said on Tuesday. Read More

Regulators clear AboitizPower’s investments in GNPower facilities
21-Dec-2016 | Philippine Star – Business p B-4 – (RIVERA, Danessa)

AboitizPower Corp. has clinched the go-signal from regulators for its $1.2-billion investment in two GNPower coal-fired power plants in Bataan. Read More

ABOITIZ POWER’S $1.2-B PURCHASE OF GNPOWER GETS GREEN LIGHT
21-Dec-2016 | Philippine Daily Inquirer – Business p B2-4 – (LUCAS, Daxim L.)

Aboitiz Power Corp.through wholly-owned subsidiary Therma Power Inc.has secured the approval of the Philippine government to acquire indirect partnership interests in GN- Power Mariveles Coal Plant Ltd. Co. (GMCP) and GNPower Dinginin Ltd. Co. (GNPD). Read More

Aboitiz Power’s $1.2-B purchase of GNPower gets green light
Dcember 21, 2016
Inquirer.NET – Business

Aboitiz Power Corp.–through wholly-owned subsidiary Therma Power Inc.–has secured the approval of the Philippine government to acquire indirect partnership interests in GNPower Mariveles Coal Plant Ltd. Co. (GMCP) and GNPower Dinginin Ltd. Co. (GNPD). Therma Power’s acquisition was approved by… Read More

Regulators clear AboitizPower’s investments in GNPower facilities
December 21, 2016
PhilStar – Business

MANILA, Philippines – AboitizPower Corp. has clinched the go-signal from regulators for its $1.2-billion investment in two GNPower coal-fired power plants in Bataan. In a disclosure to the Philippine Stock Exchange yesterday, AboitizPower said its wholly-owned unit Therma Power Inc. (TPI) was… Read More

Govt clears Aboitiz Power’s $1.2-B stake buy in GNPower
December 21, 2016
Manila Times Online – News

ABOITIZ Power Corporation’s (AboitizPower) to acquire indirect partnership interests in GNPower Mariveles Coal Plant Ltd. Co. (GMCP) and GNPower Dinginin Ltd. Co. (GNPD) for an estimated $1.2 billion has been cleared by government regulators, the company said on Tuesday. AboitizPower said that the… Read More

PCC okays Aboitiz’ $1.2B bid for 2 coal plants
December 21, 2016
Malaya Online – News

Aboitiz Power Corp. wholly-owned subsidiary Therma Power, Inc. (TPI) has secured government approval to acquire indirect partnership interests in GNPower Mariveles Coal Plant Ltd. Co. (GMCP) and GNPower Dinginin Ltd. Co. (GNPD), both located in Bataan. TPI’s acquisition bid was approved by the… Read More

Hedcor vs. BENECO, a battle royale in the making
18-Dec-2016 | ZigZag Weekly – Views & Opinion p 7

On the side of Hedcor is the financial stability it had shown in all its projects in the Cordillera. Read More

VECO brings back color to Cansaga playground
18-Dec-2016 | The Freeman – Community p 28

Visayan Electric Co. Inc. (VECO) employees and volunteers rehabilitated last November 19 a playground under New Cansaga Bay Bridge. Read More

300 Compostela residents get freemedical exam,medicines
18-Dec-2016 | The Freeman – Community p 28

About 300 residents in the mountain barangay of Panangban in Compostela, Cebu recently received medical attention and free medicines and vitamin supplements from AboitizPower, Aboitiz Foundation Inc. and the Cebu II Electrical Cooperative Inc. Read More

Davao Light awards Elektrisyan ng Bayan
17-Dec-2016 | Sun Star Davao – Top Stories p A-5

THE Davao Light and Power Company (DLPC) calls on the youth to become electricians underscoring their vital role in the power sector. Read More

Veco donates 5 outposts to Cebu City police force
16-Dec-2016 | Sun Star Cebu – Neighborhood p A-23

THE Visayan Electric Company Inc. (Veco) donated five outposts to the Cebu City Police Office as part of its corporate social responsibility program. Read More

SAFETY AND HEALTH EXCELLENCE.
16-Dec-2016 | SunStar Baguio – Topstories p 3

Under the individual category, SN Aboitiz Power Group’s safety and health personnel were accorded the 2016 SHAPES Outstanding Safety Professional Award. Read More

Veco brings back to Cansaga playground
December 15, 2016
Cebu Daily News – Community

VISAYAN Electric Company (Veco) employees and volunteers rehabilitated last Nov. 19 a playground under the New Cansaga Bay Bridge in Consolacion town, northern Cebu that the power distribution utility built for the community in 2012. Read More

Children in TSI host communities get early Christmas treat
December 10, 2016
Zamboanga Times – News p 4

Some 300 children from the host community of Therma South Inc. (TSI), a subsidiary of the AboitizPower, were treated to an early Christmas Party during the company’s Christmas Outreach activity last December 3, 2016 at the power plant site in Binugao, Toril, Davao City. Read More

Aboitiz eyes renewables
December 6, 2016
Bloomberg TV

“We feel that we want to invest in fuels and technologies that are the most competitive, the most efficient, and obviously you want to take care of the environment, so that’s kind of where we’re making our investments. We’re doing quite a bit of coal now, but we’re looking at the renewable space, for us more importantly in hydro.” — Antonio R. Moraza, AboitizPower President and COO Read More

Veco donates police outposts to CCPO
December 03, 2016
Cebu Daily News – Community

The Visayan Electric Company (Veco) has donated five outposts to the Cebu City Police Office (CCPO) as part of its corporate social responsibility program. Read More

Hedcor seeks IP consent for Benguet hydro plant
December 01, 2016
PhilStar – Business

Hedcor Inc., a unit of Aboitiz Power Corp., is securing the approval of the indigenous people (IP) to put up the 45-megawatt (MW) Kabayan run-of-river power project in Benguet. Read More

No worries about brownouts in 2017
December 01, 2016
Manila Bulletin Online – News

The Davao Light and Power Company (DLPC) has contracted some 453 megawatts (MW) for the summer months of the 2017, and has assured its clients that there will be no power outages during this period. DLPC Vice President for Engineering Rodger S. Velasco told a press conference on Wednesday that they were projecting the demand for power within its franchise area to increase from 370 MW to 405 MW in 2017. Read More

OSHC fetes 10th Gawad Kaligtasan at Kalusugan national winners
Philippine Information Agency
December 01, 2016

On the other hand, the GKK Silver Awardees are Maynilad Water Services Inc. Central Warehouse, Novaliches, Quezon City (NCR), Maynilad Water Services Inc. Fairview-Commonwealth Business Area (NCR), Panay Power Corporation (Region 6), Philippine Geothermal Production Company Inc., (Region 9), SN Aboitiz Power Ambuklao (CAR), SN Aboitiz Power Binga (CAR), and Texas Instruments Philippines Inc. (CAR) Read More

Wyeth facility shifts to renewable energy
November 25, 2016
Philippine Star

Aboitiz Power Corp. recently recognized Wyeth Nutrition for its efforts to preserve and protect the environment by using power from clean and renewable source to power its world-class manufacturing plant in Canlubang, Laguna. Read More

AboitizPower, AEV feted at PSE Bell Awards
November 17, 2016
Sun Star Davao – Business p 6


ABOITIZ Equity Ventures, Inc. (AEV) and Aboitiz Power Corporation (AboitizPower) were once again recognized by the Philippine Stock Exchange (PSE) for their exemplary performance in good corporate governance at the PSE Bell Awards last Nov. 10. Read More

Aboitizpower, AEV feted at PSE Bell Awards
November 17, 2016
Mindanao Times – Business p 6


ABOITIZ Equity Ventures, Inc. (AEV) and Aboitiz Power Corporation (AboitizPower) were once again recognized by the Philippine Stock Exchange (PSE) for their exemplary performance in good corporate governance at the PSE Bell Awards last Nov. 10. Read More


ABOITIZPOWER, AEV HONORED AT PSE BELL AWARDS
November 16, 2016
Kagay-an – News
Aboitiz Equity Ventures, Inc. (AEV) and Aboitiz Power Corporation (AboitizPower) were once again recognized by the Philippine Stock Exchange (PSE) for their exemplary performance in good corporate governance at the PSE Bell Awards last Nov. 10. Read More

 

POWER CO-OP SEALS SUPPLY DEAL WITH ABOITIZ
November 15, 2016
Philippine Daily Inquirer – Business p B-4

Bukidnon Second Electric Cooperative Inc. (Buseco) has tapped AboitizPower subsidiary Hedcor to supply 5 megawatts to its franchise area in 2017. Read More

 

Hedcor forges power supply deal with BUSECO
November 15, 2016
Philippine Star – Business p B-4

Hedcor Inc., the hydropower subsidiary of Aboitiz Power Corp., has forged a power supply deal with Bukidnon Second Electric Cooperative Inc. (BUSECO). Read More

 

Electric cooperative signs with AboitizPower
November 14, 2016
Mindanao Times – Business p 6

BUKIDNON Second Electric Cooperative Inc. (BUSECO) is adding renewable energy to its mix of energy sources, after signing up with AboitizPower subsidiary Hedcor Bukidnon Inc. Read More

 

Davao Light releases an Olive Ridley back into the sea
November 09, 2016
Mindanao Daily Mirror

Last October 25, Davao Light and Power Company together with the Department of Environment and Natural Resources (DENR) released a Pawikan known to be an Olive Ridley back into the sea at the Cleanergy Park in Punta Dumalag, Matina Aplaya, Davao City. Read More

Davao Light releases an Olive Ridley back into the sea
November 9, 2016
Mindanao Daily Mirror

Last October 25, Davao Light and Power Company together with the Department of Environment and Natural Resources (DENR) released a Pawikan known to be an Olive Ridley back into the sea at the Cleanergy Park in Punta Dumalag, Matina Aplaya, Davao City. Read More

 

Aboitiz Toledo plant to give 300MW to Visayas grid in 2018
November 7, 2016
Cebu Daily News – Enterprise p 22

MORE than 300 Megawatts (MW) of power ins expected to enter the Visayas Grid once Aboitiz Power Corp.’s coal-fired power plant in Toledo City begins commercial operations by the first quarter of 2018. Read More

 

VECO turns over 2-storey building to Naga school
November 6, 2016
The Freeman – Community

VECO turns over 2-storey building to Naga school As part of its corporate social responsibility initiatives, the Visayan Electric Company (VECO) turned over last October 26 a newly constructed twostorey, four-classroom building to the Alpaco Elementary School in the City of Naga. Read More

 

Young achievers join 11th Aboitiz Future Leaders Business Summit
November 4, 2016
Sun Star Cebu – Neighborhood p A-20

STUDENT leaders who were carefully screened and chosen from universities nationwide are in Cebu City for the Aboitiz Future Leaders Business Summit (AFLBS), which started yesterday and expected to culminate tomorrow, Nov. 5. Read More

 

A closer look Bringing energy education to the public
November 4, 2016
Sun Star Davao – Chill p B-1

The power industry is as complex as it is. Good thing? The Therma South Inc. (TSI), a subsidiary of the AboitizPower Corp. (AP), opened its recently launched Energy Education Center (EEC) to provide energy education to students and organizations among others. Read More

 

Aboitiz Group undertakes commissioning testing for Batangas biomass power plant
October 31, 2016
PhilStar – Business

The power plant produces 8.8 MW — which could power up 22,000 households — by processing wastewater directly from Absolut Distillery Inc. in the same location. File photo MANILA, Philippines – The Aboitiz Power Group is now undertaking commissioning and testing for its first biomass power plant… Read More

 

Davao Light: Scare the cost out your bills
October 31, 2016
Mindanao Daily Mirror – Regional p 2

This is where Aboitiz owned Davao Light and Power Company, Inc. comes to the rescue by giving us some thrifty tips. Read More

Aseagas fires up biomass facility
October 31, 2016
The Standard – Business p B-3

ASEAGAS Corp. has started operating its 8.8-megawatt biomass power plant in Sitio Hermosa, Barangay Malaruhatan in Lian, Batangas Read More

 

Commercial operations of biomass plant in 2 months
October 31, 2016
Malaya Business Insight – Business Insight p A-3

Aboitiz Power Corp. said its 8.8 megawatts (MW) Aseagas biomass power plant in Batangas is expected to run commercially in two months as it is now undergoing commissioning. Read More

 

ARI’s biomass-power plant operational in 2 months
October 31, 2016
BusinessMirror – Companies p B-2

THE 8.8-megawatt (MW) biomass- power plant of Aboitiz Renewables Inc. (ARI) is currently in its commissioning phase and is targeted to become fully operational in the next two months. Read More

 

Power oversupply looms in Mindanao
October 31, 2016
BusinessWorld – The Economy p S1-4

DAVAO CITY – From dearth to excess. Read More

 

Aboitiz Group undertakes commissioning testing for Batangas biomass power plant
October 31, 2016
Philippine Star – Business p B-3

The Aboitiz Power Group is now undertaking commissioning and testing for its first biomass power plant in Lian, Batangas targeted under the feed-in tariff (FIT) scheme. Read More

 

Power volunteers help clean up Mactan Channel
October 30, 2016
Sun Star Cebu – Thegoodearth p A6

MORE than 40 volunteers from AboitizPower subsidiary East Asia Utilities Corp. (EAUC) cleaned up recently 220 meters of coastline along the Mactan Channel to mark the 1st National Cleanup Day and the 30th International Coastal Cleanup Day. Read More

 

120 studes participate in recycled art contest
October 30, 2016
The Standard Online – News

SUBIC Freeport–The Redondo Peninsula Energy Inc. (RP Energy) and its partners, held Artcycle: an educational, environmental, and recycled-art competition. The event was participated in by around 120 students from local elementary and high schools here held at Sitio Nagyantok in Barangay Cawag,… Read More

 

Mandaue to shift to underground power cables
October 30, 2016
PhilStar – Cebu News

CEBU, Philippines – The Mandaue City Council aims to get rid of electric posts and cable wires all over the city by compelling telecommunications companies to install their cables underground. “It has been observed that there are numerous leaning electrical posts with sagging or spaghetti wires… Read More

 

Power corp. gives P300,000 aid to Toril fisherfolks
October 29, 2016
Sun Star Davao Online – Business

Aboitiz Power Corporation’s Therma South Inc. (TSI) poured some P300,000 for the Community-Based Fisheries Livelihood Assistance Program to capacitate the fisherfolk community in Barangay Binugao, Toril, Davao City. Some 30 fisherfolks in Binugao, Toril received a total of six non-motorized fishing… Read More

 

Davao power company still open on holidays
October 29, 2016
Sun Star Davao Online – Local News

DAVAO Light and Power Company’s (DLPC) customer services will be open to the public on October 31, Monday, and November 1, Tuesday, which were declared as special non-working holidays in observance of All Saints’ Day and All Souls’ Day. Service centers at SM Lanang Premier and in SM City Davao in… Read More

 

Snap, Benguet settle tax dispute
October 29, 2016
The Standard Online – News

LA TRINIDAD, Benguet–Hydroelectric power company SN Aboitiz Power (Snap) and its host province Benguet reached a compromise agreement on a real property tax dispute that has reached P157.7 million, representing three years of taxes to the towns of Bokod and Itogon and for Benguet province. Read More

 

Livelihood TSI gives P300-K aid to Toril fisherfolks
October 27, 2016
Sun Star Davao – Business p 7

Aboitiz Power Corporation’s Therma South Inc (TSI) poured some P300,000 for the Community-Based Fisheries Livelihood Assistance Program to capacitate the fisherfolk community in Barangay Binugao, Toril, Davao City. Read More

 

MOA SIGNING
October 27, 2016
Mindanao Daily Mirror – Regional p 2

MOA SIGNING. Davao Light and Power Company, Aboitiz Foundation Inc., Technical Education and Skill Development Authority (TESDA) Region 11. Read More

 

SPMC coal plant’s second 150 -MW in Malita operational next month
October 27, 2016
Mindanao Daily News – More Stories

Filinvest Development Corp.’s 405 MW coal plant, Cagayan Electric Power and Light Company Inc.’s embedded capacity of 155 MW, and Aboitiz Power’s Manolo Fortich Hydropower Project with 68 MW in Bukidnon will also be connected to the grid before yearend, according to Reston. Read More

 

FINANCIAL assistance turn-over
October 27, 2016
Mindanao Times – Business

The Davao Light and Power Company in partnership with the Aboitiz Foundation Inc. formally turned over the financial support amounting Php., 175,000 to Gawad Kalinga Community Development Foundation Inc. in Davao Light Ponciano office to support Gawad Kalinga’s projects in Davao City. Read More

 

ENERGY SMART MINDANAO
October 27, 2016
Sun Star Davao – Business

Davao Light and Power Company EVP and COO Arturo Milan discusses about The Challenge of Making Sustainable Power Available to All, during the Energy Smart Mindanao 2016 held last October 25, 2016 at Park Inn by Radisson Hotel in Lanang, Davao City. Read More

 

SNAP, Benguet settle real property tax dispute
October 27, 2016
PhilStar – Business

MANILA, Philippines – SN Aboitiz Power Group (SNAP) and the Benguet provincial government have settled a real property tax (RPT) dispute, with the latter paying P157.7 million equivalent to three years of tax benefits to host communities. In a disclosure yesterday, Aboitiz Power Corp. said its… Read More

 

TSI opens energy education center to public
October 25, 2016
Mindanao Daily Mirror

The Energy Education Center (EEC) of the Therma South Inc. (TSI), a subsidiary of the AboitizPower (AP), has opened its doors to the public in a bid to make energy information more accessible to the masses. It is located at the plant site of the 300-MW Davao Baseload Power Plant of TSI in Binugao, Toril, Davao City. Read More

 

Aboitizpower subsidiary helps remove trash from Mactan beaches
October 24, 2016
The Freeman – Corporate Roundup

More than 40 volunteers from AboitizPower subsidiary East Asia Utilities Corp. (EAUC) cleaned up 220 meters of coastline along the Mactan Channel to mark the 1st National Cleanup Day and the 30th International Coastal Cleanup Day on September 17. Read More

 

Hearing set for sale of NTC sub-transmission lines, assets
October 24, 2016
The Freeman – News p 4

The Energy Regulatory Commission has set a public hearing on the application to approve the sale of various subtransmission lines/assets of the National Transmission Corporation to the consortium of the Visayan Electric Company and Cebu Electric Cooperative Incorporated II Read More

 

TSI opens Energy Center to public
October 22, 2016
Sun Star Davao – Business p 10

THE Energy Education Center (EEC) of the Therma South Inc. (TSI), a subsidiary of the AboitizPower (AP) has opened its doors to the public in a bid to make energy information more accessible to the masses. Read More

 

Manolo Fortich hydro marks safety milestone
October 19, 2016
Gold Star Daily – Mindanao p 5

Hedcor’s president and COO Rene Ronquillo said, “A safe working environment can only be achieved if there is a collective effort from the team.” Read More

 

Manolo Fortich Hydro plant marks 3.7M manhours today
October 18, 2016
Edge Davao – Competitive Edge p 14

THE ongoing construction of the 68.8-MW Manolo Fortich hydropower project of Hedcor in Bukidnon has reached 3.7 million manhours with no delays incurred due to injuries of its personnel. Read More

 

Manolo Fortich Hydro marks 3.7-million safety milestone today
October 18, 2016
Zamboanga Times – News p 4

The ongoing construction of the 68.8-MW Manolo Fortich Hydropower Project of Hedcor in Bukidnon Province reached today 3.7 million man-hours with no time lost on incidents resulting in injuries on personnel. Read More

 

Hydro project marks 3.7-million safety milestone
October 18, 2016
Mindanao Times – Business p 4

THE ONGOING construction of the 68.8-MW Manolo Fortich Hydropower Project of Hedcor in Bukidnon Province reached today 3.7 million man-hours with no time lost on incidents resulting in injuries on personnel. Read More

 

Hedcor’s hydropower project in Bukidnon Manolo Fortich marks 3.7M safety milestone
October 17, 2016
Mindanao Daily Mirror

The ongoing construction of the the 68.8-MW Manolo Fortich Hydropower Project of Hedcor in Bukidnon Province reached today 3.7 million man-hours with no time lost on incidents resulting in injuries on personnel. Read More

 

Hedcor Hydro Construction attains safety milestone
October 16, 2016
Kagay-an – News

The ongoing construction of the 68.8-MW Manolo Fortich Hydropower Project of Hedcor in Bukidnon Province has attained 3.7 million man-hours with no time lost on incidents resulting in injuries on personnel. HEDCOR BUILDS. Hedcor’s first hydropower project in Bukidnon will generate 360 gigawatt… Read More

 

Therma to intervene in dispute resolution
October 11, 2016
Manila Bulletin – Classified Ads p B-8

The Energy Regulatory Commission (ERC) has granted the bid of Aboitiz-led Therma Mobile, Inc. (TMO) to intervene in the dispute resolution between Manila Electric Company (Meralco) and Millennium Energy, Inc. (MEI) but with some restraints. Read More

 

SN Aboitiz Power unit inks P19-B loan facility
October 11, 2016
Manila Bulletin – Business News p B-3

The Magat subsidiary of SN Aboitiz Power Inc. (SNAP) has inked a loan facility agreement for the issuance of P19 billion worth of fixed rate corporate notes. Read More

 

SN Aboitiz raising P19 B notes
October 11, 2016
Philippine Star – Business p B-7

SN Aboitiz Power – Magat Inc. (SNAP-Magat), a unit of Aboitiz Power Corp., is raising P19 billion from corporate notes with two local banks to pay off debts andfinance general corporate purposes. Read More

 

Toledo school gets new building
October 5, 2016
Sun Star Cebu – Nation p A-22

The building was donated by Therma Visayas Inc. (TVI) and the Aboitiz Foundation Inc. (AFI), a subsidiary of AboitizPower. Read More

 

Veco employees plant coffee seedlings
October 5, 2016
Cebu Daily News – Community p 18

ABOUT 102 Visayan Electric Company (Veco) employees and their families trooped to the upland barangay in Cebu City to plant some 2,500 coffee seedlings. Read More

 

DLPC donates computers
October 5, 2016
Edge Davao

Davao Light and Power Co., Inc. (DLPC) formally turned over computer units to Davao and Panabo electrician associations last Sept. 28, 2016 at the Davao Light Ponciano Office. Read More

 

Veco plants coffee trees in Cebu
October 5, 2016
http://thestandard.com.ph

Some 120 Visayan Electric Co. employees and their family members planted about 2,500 coffee seedlings in Barangay Pung-ol Sibugay, a mountain village in Cebu City, a company statement said. The tree-planting activity was a joint project of Veco and the Philippine Business for Social Progress… Read More

 

Davao City ready for more underground wiring 
September 27, 2016
Sun Star Davao Online – Local News – (REVITA, Juliet C.) 
THE Davao City Engineers Office (CEO) is now pushing for the second phase of the Underground Distribution System (UDS) Project in Davao City through the initiative of the Davao Light and Power Company (DLPC), although an ordinance has to be passed to start this off. Following the completion of the… Read More

 

Weather Philippines: ‘More than just a weather app’
September 27, 2016
The Freeman Online

Spearheaded by the Weather Philippines Foundation, the service is backed by the Aboitiz group of companies, UnionBank and the MetroGroup —a global weather monitoring service organization that has operations in 15 countries. Read More

 

5% yearly hike to cope with demand — VECO
September 26, 2016
Cebu Daily News Online – Enterprise – (PULGO, Izobelle T.) 

Dennis Verallo, Visayan Electric Company utility and economics head, discusses the firm’s thrusts and goals for Cebu during a Mega Cebu Energy Security forum (CDN PHOTO/JUNJIE MENDOZA). An electric distribution utility company plans to increase its power capacity by five percent per year to…Read More

 

Hedcor Sibulan Inc.’s proposed PHP4.1-B issuance gets PRS Aa plus ratings from PhilRatings 
September 26, 2016
Manila Bulletin Online – Business – (BULLETIN, Manila) 

MANILA — The proposed PHP4.1-billlion issuance of Hedcor Sibulan Inc., a subsidiary of Aboitiz Power Corporation, got a PRS Aa plus with Stable rating from the Philippine Rating Services Corporation (PhilRatings). This was announced by Aboitiz Power in a disclosure with the Philippine Stock…Read More

 

AboitizPower unit to raise P4B via debt  notes
September 26, 2016

BusinessWorld – Corporate News p S1-2 – (MARIANO, Keith Richard D. ) 

A SUBSIDIARY of Aboitiz Power Corp. is raA SUBSIDIARY of Aboitiz Power Corp. is raising P4.1 billion by is-suing debt notes found by the Philippine Rating Services Corp. (PhilRatings) to have minimal credit risk. Read More

 

AboitizPower’s hydro gets strong rating
September 26, 2016

Manila Bulletin – Business News p B-4 – (LOYOLA, James A.)

Aboitiz Power ‘s hydro gets strong rating By JAMES A. LOYOLA Hydro power firm Hedcor Sibulan, Inc. Read More

 

Aboitiz’s Cleanergy Center promotes energy awareness 
September 21, 2016
BusinessWorld – Bulletins p S2-7 
ABOITIZ POWER Corporation’s first energy educational facility, Cleanergy Center, continues to generate awareness on renewable energy among Filipino and foreign visitors since its inauguration last Aug. 28, 2013. Read More

 

Hedcor supports local suppliers in Bukidnon hydro project
September 11, 2016

M Magazine – Feature p 70 

The construction of the 68.8-megawatt Manolo Fortich Hydropower Project in Bukidnon is contributing significantly to the economic growth of the province as the power company is sourcing local manpower and patronizing local suppliers. Read More

 

Central 911: Davao’s Secret to Safety
September 11, 2016
M Magazine – Feature p 66
Picture this: you are walking along a busy street, nothing seems out of the ordinary, and an elderly man is walking in the opposite direction as you. Read More

 

New Classrooms for Young Learners
September 9, 2016
Malaya Business Insight

KINDERGARTEN students of Bansa Elementary School in Bauko, Mountain Province receive a new, fully-furnished, two-classroom AGAPP Silid Pangarap school building from the Aboitiz Foundation, the corporate social development arm of the Aboitiz Group, and AboitizPower subsidiary Hedcor Sabangan. Read More

Cleanergy- Reneable Energy
September 19, 2016
Aboitiz BetterWorld

cleanergy-center

 

20 Eng’g students get scholarship Grands
September 5, 2016
Cebu Daily News – Community p 20 

Twenty engineering students of two Cebu City universities received scholarships from AboitizPower subsidiary Therma Visayas Inc. (TVI) and the Aboitiz Foundation Inc. (AFI). Read More

 

TVI grants full scholarship to 20 CIT-U, USC students
September 5, 2016

Sun Star Cebu – Zup! p B-9 

TWENTY engineering students of two Cebu City universities received scholarships form AboitizPower subsidiary Therma Visayas, Inc. (TVI) and the Aboitiz Foundation, Inc. (AFI). Read More

 

Veco workers reach out to school kids
September 3, 2016
Cebu Daily News – Community p 11 
Garing Elementary School pupils in Consolacion town, northern Cebu were treated to a children’s party by the Visayan Electric Company (Veco) Kaibigan batches 14 and 15 as part of their outreach program last August 6. Read More

TSI Plants 1000 seedlings
September 2, 2016
Mindanao Daily Mirror – People, Events & Products p 22

Therma South Inc., a subsidiary of AboitizPower, planted a total of 1,000 seedlings of fruit tress last August 19 as part of its commitment to giving back to the environment. Read More

Davao Light and Power Co. Inc. Turnedover school supplies and pairs of footwear
September 2, 2016
Mindanao Daily Mirror – People, Events & Products p 22 DAVAO Light and Power Co. Inc., in partnership with the Aboitiz Foundation Inc. turned over school supplies and pairs of footwear to the National Commission on Indigenous Peoples (NCIP) at the Davao Light Ponciano Office last August 25. Read More
Mandaue City honors top taxpayers 
September 1, 2016
The Freeman – Business p 21 – (GARCES, Romelinda) In the recent celebration of Mandaue City’s 47th Charter Day, the city gave honor to its outstanding taxpayers, Topping in the rolls in the Business Tax, for the corporate category are the Visayan Electric Company, Metro Retail Stores Group, and ZuelligPharma Corporation. Read More
Veco workers hold outreach for school kids 
August 31, 2016
Sun Star Cebu – Neighborhood p A-19 
SCHOOL children from Garing Elementary School in Consolacion town, north Cebu were treated to a children’s party by the Visayan Electric Company’s (Veto) Kaibigan batches 14 and 15 as part of its employee-initiated outreach program last Aug. 6. Read More
30 Bagobo-Tagabawa first to respond during emergency in Davao
August 22, 2016
Mindanao Daily Mirror
Thirty community leaders of Bagobo-Tagabawa, an Indigenous People’s (IP) tribe nestle at the foothills of Mt Apo in Davao del Sur were given the opportunity to learn how to respond to their colleagues in times of emergency after Hedcor Sibulan sent them to a two-day intensive first aid training. Read More

APRI launches Governance Capability Building Program in 17 public schools 
August 17, 2016
Better Solutions

CSR 20160817 APRI launches Governance Capability Building Program for Public Schools

 

VECO retrieves 85 sacks of garbage
August 16, 2016
Cebu Daily Inquirer

The Visayan Electric Company (VECO) conducted a coastal cleanup last Saturday in Barangay Pooc, Talisay City. Veco Customer Services Group assistant vice president Bailey del Castillo said the activity aimed to send a message to residents on the value of cleanliness.  Read More

 

Aboitiz grows 76,000 seedlings nationwide
Aug 15 2016
Manila Bulletin – Business Agenda C-4

The Aboitiz Group, together with several of its business units, renewed its pledge to create a #BetterWorld at the Aboitiz Annual Groupwide Simultaneous Tree- Planting (STP) Activity last July 16, with company team members planting 76,492 seedlings all over the country. Read More

 

Aboitiz team plants 76T seedlings
August 13, 2016
Cebu Daily News

More than2,600 team members and partners of the Aboitiz group planted over 76,000 endemic and fruit-bearing tree seedlings in 21 locations in Luzon, the Visayas and Mindanao last July 16. Read More

 

Techy Kids
August 8, 2016
Amianan Balita Ngayon

With the hope to keep the children updated and ready with growing technology trends, Hedcor turned over six computer units and a printer to Namatec Elementary School in Sabangan, Mt. Province. Read More

 

ABOITIZ PARK SAVES TURTLES, BIRDS
August 2, 2016

The Standard (Local Government Unit – C1)

The Aboitiz Cleanergy Park, an eight-hectare biodiversity park jointly managed by the Aboitiz Foundation and Davao Light that is home to 66 species of wildlife, is fast becoming a sanctuary for birds and a nest-ing site for hawksbill turtles or pawikan.


HEDCOR’S SOLID WASTE MANAGEMENT PROGRAM GARNERS DENR RECOGNITION
July 31, 2016

Balitang Amian Ngayon

Involving its employees and partnering with host communities, Hedcor was able to foster share of responsibility in waste management. In Hedcor offices and hydro power plants, wastes are properly segregated with its three-bin system. Recyclable wastes collected are stored in its materials recovery facility (MRF) for finer sorting before delivery to junk shops.

 

PRESERVING HERITAGE
July 17, 2016
Baguio Midland Courier – Life p 12
bw1
SNAP-Benguet has partnered with the Tinongdan People’s Organization, Shakilan ni Ikulos Indigenous Peoples Organization, and the local government units of Itogon and Bokod, Benguet for the implementation of 100 projects promoting indigenous culture.

SNAP, IPS STEADFAST IN PARTNERSHIP ON CULTURAL HERITAGE
July 17, 2016
ZigZag Weekly – Zigzag Weekly p 5
When SN Aboitiz Power (SNAP) took over the Ambuklao ang Binga hydro-electric power plants in Benguet on July 12, 2008, it faced two major challenges. One was re-operating Ambuklao, which was dormant for almost 12 years, and another was gaining the cooperation of the indigenous peoples (IPs) in the area, who have had long-standing land issues with the government when they put up the power plants in the 1950s.

 

VECO UPGRADES SCHOOLS’ WIRING SYSTEM FOR SAFETY
July 13, 2016
Sun Star Cebu – Neighborhood p A20
The Visayan Electric Company (Veco) continues to provide a safe environment for students within its franchise areas almost six years after launching of its schools’ rewiring project.

 

ABOITIZPOWER ADDS BIOMASS TO RE LINE
July 6, 2016
Philippine Star – Business p B-6
Aboitiz Power Corp. has added biomass to its renewable energy portfolio after its holding unit fully acquired Aboitiz Equity Ventures Inc.’s liquid bio-methane business for P605 million.

 

SNAP-BENGUET, NPC, PSALM CONDUCT PUBLIC INFO DRIVE ON DAM OPERATIONS
July 3, 2016
ZigZag Weekly – News p 5
SN Aboitiz Power-Benguet the National Power Corporation (NPC), and the Power Sector Assets and Liabilities Management Corporation (PSALM) held the annual public information drive on the Ambuklao and Binga Dams and Reservoir Operations on June 14 to 16.

 

SNAP-BENGUET BAGS THREE GAWAD KALIGTASAN AT KALUSUGAN AWARDS
July 3, 2016
Baguio Chronicles – Health and Environment p 11
SN Aboitiz Power-Benguet (SNAP-Benguet) received three awards in the Department of Labor and Employment’s 10th Gawad Kaligtasan at Kalusugan (GKK) on June 28 held at the DOLE-CAR office in Baguio City.

 

GREEN CORNER: IFUGAO EYES HYDRO PLANT IN ALIMIT
July 3, 2016
Baguio Chronicles – Health and Environment p 11
A hydroelectric power plant complex with an estimated worth of US$420 million is being developed in Alimit, Ifugao under the SN Power Philippines, Inc. and Aboitiz group.

 

HEDCOR BIDS ISO ON ASSET MANAGEMENT
July 3, 2016
Baguio Chronicles – The Region p 7
Hedcor takes operational excellence a step higher as it prepares for International Organization for Standardization (ISO) Asset Management 55001 certification.

 

WEATHERPH BATS FOR #WEATHERWISER NATION
June 27, 2016
Philippine Star
unnamed (1)
Seeking to complement government efforts on disaster risk reduction and help people gain a better understanding of the impact and extent of disasters, Weather Philippines Foundation (WPF), the disaster preparedness arm of Aboitiz Foundation, conducts seminars for local government units and media practitioners.

 

GROWING IN A COMMUNITY WITH HEDCOR
June 26, 2016
Baguio Midland Courier
Hedcor, together with the Municipality of La Trinidad, laid the foundation of its partnership built on trust and respect more than two decades ago when Hedcor was constructing the Bineng cascading hydropower plants. Today, this partnership is as strong as ever. Bineng 1, Bineng 2, Bineng 2b, and Bineng 3 produce a total of 11-megawatts of clean and renewable energy harnessing the Balili River.

 

PAINTING A BETTER WORLD FOR THE PAWIKAN
June 24, 2016
Malaya Business Insight
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The Aboitiz Group led in the design of a marine conservation-themed mural in Tipas Elementary School, Taguig City as part of the Group’s efforts to create a #BetterWorld for the Pawikan. Bulk of the mural was completed with the help of Aboitiz team members, scholars, and Aboitiz Future Leaders Business Summit alumni during the Group’s annual Brigada Eskwela activity.

 

FIRST OPEN ACCESS CUSTOMERS IN CENTRAL LUZON CHOOSE CLEANERGY
June 23, 2016
Aboitiz BetterWorld
cleanergy

ABOITIZPOWER EXPANDS RE PORTFOLIO WITH SOLAR POWER
June 6, 2016
Mindanao Daily Mirror – Special Supplement p S-2
AboitizPower Corp. continues to expand its renewable energy portfolio to help the Philippine Government fulfill its commitment to the 2015 Paris Climate Conference.

RAINY DAYS WONT STOP CONSTRUCTION WORKS OF BUKIDNON HYDRO PROJECT
June 6, 2016
Business Week – Economy p 2
Bukidnon– Run-of-river developer firm, Hedcor, is readying all its resources including its people and facilities as it is seeing the start of the reason.

DAVAO LIGHT CONDUCTS SYSTEMS UPGRADE
June 3, 2016
Sun Star Davao – Billboard p 13 and Mindanao Times – News p 2
In its continued efforts to further improve its services to its customers, Davao Light and Power Co. will conduct a database systems up-grade affecting payment and customer services from June 28 to July 3, 2016.

TSI LAUNCHES ENERGY EDUCATION CENTER
June 2, 2016
Sun Star Davao – Billboard p 14
Therma South Inc. (TSI), a subsidiary of the Aboitiz Power Corp. (AP), launched the Energy Education Center (EEC) last May 20 in a bid to make energy education more accessible to the public.

SNAP FORMS TEAM to ensure project compliance
May 20, 2016
Better Solutions

Hedcor Ops Postcard

TULONG SAKUNA INITIATIVE PROJECT ON ITS SECOND YEAR
May 19, 2016
Zamboanga Times – News p 6 and Mindanao Daily News – Environment News p A-5
The local Disaster Risk Reduction and Management Councils (DRRMC) of Themia South’s host communities re-ceived – disaster response equipment to improve theirca-pabilities when responding to emergencies.

POWER FIRM BOAST OF SAFE WORK ENVIRONMENT OF EMPLOYEES IN BUKIDNON
May 18, 2016
Gold Star Daily – News p 13
A wholly-owned subsidiary of AboitizPower, fledcor Bukidnon and its contractor Sta Clara International Construction achieved ‘one millionth safe man-hours’ with no lost time accident in building the Manolo Fortich Hydro 2 project in the Province of Bukidnon. 

VECO KICKS OFF SAFE KITE FLYING CARAVAN
May 18, 2016
Sun Star Cebu – Neighborhood p A19
The Visayan Electric Company (VECO) recently kicked off its annual safe kite flying caravan, and reminded the barangay officials of their vital roles in implementing a city ordinance against kite flying in public places and near electrical posts.

HEDCOR DISCLOSES COMMUNITY PROJECTS FOR 2016
May 11, 2016
M-Magazine
AboitizPower-Hedcor president and COO Rene Ronquillo signs a memorandum of agreement with Department of Education, represented by Reynaldo Mellorida (Davao del Sur) and Maria Inez Asuncion (Davao City), affirming the power company’s support to communities through scholarships, donation of school supplies, equipment and facilities, among others, in their respective areas for this year.

GOING BEYOND THE CELEBRATION
May 11, 2016
M-Magazine
Being the Philippines’ leading run-of-river developer and operator, AboitizPower owned subsidiary, Hedcor has backed the statement “Water is life”. This is why its employees, together with the hose communities from Sta. Cruz, Davao del Sur and Talomo, Davao City, showed their unity in preserving the Sibulan and Talomo Rivers.

FLS HYDRO
May 11, 2016
Consumer Asia Magazine
Generating clean and renewable energy since 1992, Ferdinand L. Singit Hydro exemplifies Hedcor’s pursuit of developing and operating efficient hydropower systems. FLS was upgraded last year to increase its capacity to 6.15 MW from its previous 4.8 MW. FLS Hydro is one of the three run-of-river hydro power facilities operated by Hedcor in the municipality of Bakun, Benguet.

MF HYDRO PROJECT ACHIEVES ONE MILLION SAFE MAN WORK HOURS
May 4, 2016
Mindanao Daily Mirror – Business p 6
AboitizPower, Hedcor Bukidnon, Inc. and its contractor Sta. Clara International Construction achieved one million safe man-hours without a single lost time incident in building the Manolo Fortich (MF) Hydro 2 Project in Bukidnon Province.

HEDCOR CHALLENGES HIGH SCHOOL STUDS TO A SCALE MODEL CONTEST
May 1, 2016
Baguio Midland Courier – The Region p 13
Hedcor involves schools and academes in these competitions and studies to assist future engineers and architects build a better future for themselves and for the country.

STA CLARA INT’L, HEDCOR BUKIDNON REACH 1 MILLIONTH SAFE MAN-HOUR
April 30, 2016
Mindanao Times
A wholly-subsidiary of AboitizPower, Hedcor Bukidnon, Inc. and its contractor Sta. Clara International Construction achieved one millionth safe man-hours with no lost time accident in building the Manolo Fortich Hydro 2 Project two hydropower projects in the Province of Bukidnon.

PLANO KAUGNAY NG SUPPLY NG KURYENTE SA ARAW NG ELECSYON
April 20, 2016
ABS-CBN Cotabato
Ilan mga posibleng scenariong tinitingan ng Cotabato Light sa eleksyon ay ang kulang na supply ng kuryente at ang pagkakaroon ng problema sa transmission lines ng National Grid Corporation of the Philippines (NGCP) na magdudulot ng walang mai susuplay na kuryente.

POWER COMPANY REAFFIRMS SUPPORT TO SECURE ELECTRICITY SUPPLY DURING POLLS
April 15, 2016
Sun Star Cagayan – Business p 8
VILLANUEVA, MISAMIS ORIENTAL – Power producer STEAG State Power Inc. (SPI) reaffirms its commitment to make available its full capacity a month ahead of the May 2016 local and national elections.

BEST RENEWABLE FINANCE DEAL OF THE YEAR
April 4, 2016
Philippine Daily Inquirer – People, Events & Products p F-4
ALPHA Southeast Asia recently awarded Hedcor Bukidnon Inc.’s (HBI) P10billion project finance loan facility as the Best Renewable Finance Deal of the Year during its 9th Annual Best Deal and Solution Awards 2015 in Kuala Lumpur, Malaysia. SB Capital Investment Corporation, the investment banking arm of Security Bank Corporation, was also awarded during the event as a joint lead arranger for the transaction.

ABOITIZPOWER SUPPORTS LABOR PROGRAM FOR OFWS
March 31, 2016
AboitizBetter World

Creating Better Opportunities

CITYWIDE UNDERGROUND CABLING GETS SUPPORT
March 21, 2016
Sun Star Davao – Business p 10 – (PEREZ, Ace June Rell S. )
As the underground distribution system within the city government complex, the Davao Light and Power Company (DLPC), one of the lead movers of project, has shown interest in supporting the plan to implement the project citywide.

ABOITIZPOWER, BOHECO II DONATE COMPUTERS TO REMOTE BOHOL SCHOOL
March 21, 2016
SunStar Cebu, B13
Students of San Jose High School in Mabini, Bohol try out the new computer sets donated by AboitizPower and Boheco II. STUDENTS of San Jose Elementary and High School in Mabini, Bohol will no longer have to walk more than a kilometer to the national highway and board a bus that would cost them P15 one way to do research for their assignments and projects.

ABOITIZ ISSUES FIRST CLIMATE BOND IN ASIA
Cebu Daily News – Enterprise p 19
March 3, 2016
The Asia Development Bank (ADB) has backed the issuance of AboitizPower’s Climate Bond, which will be used to fun the company’s renewable energy generation project.

PREPAID POWER METERING SYSTEM SET FOR COMMERCIAL DEPLOYMENT
The Freeman – Business p 23 – (DAGOOC, Ehda M.)
February 29, 2016
The Visayan Electric Company (VECO) is now ready for the commercial of prepaid electric metering system.

BUKIDNON HYDRO PROJECT SPURS LOCAL MICRO BUSINESSES
Aboitiz BetterWorld: Focus Area Under People

February 12, 2016

Bukidnon hydro project spurs local micro businesses

ABOITIZ POWER ASSURES NEW PLANT TO ADHERE TO ENVIRONMENTAL STANDARDS
Manila Bulletin – Mindanao News p A-18 – (LOPEZ, Alexander D.)
January 10, 2016
The Aboitiz Power Corporations (Aboitiz- Power), through its Chief Executive Officer (CEO) Erramon Aboitiz, has assured all the stakeholders in the Davao region and other parts of Mindanao that the 300MW coal-fired power plant in Binugao, Toril, here will have the most modern facilities and will operate under the strictest environmental standards.

Corporate Social Responsibility

AboitizPower is managed with the same view of Corporate Social Responsibility (CSR) as AEV. CSR is a way for businesses enterprises like the Company, to manage its business processes to produce an overall impact to society. As a corporate citizen, it is our Company’s continuing commitment to behave ethically and contribute to the economic development while improving the quality of life of its workforce, their families, our customers, our local communities, our government and society at large whilst committed to sustainability. Bottom line being, that Corporate Social Responsibility is about business giving back to society and acting in an ethical and transparent manner in all its dealings with all stakeholders in society.

We have been practicing Corporate Social Responsibility long before the word has become a modern day corporate buzzword. We believe that CSR is an integral part of how we operate our businesses and part and parcel of our overall governance and philosophy of being responsible members of our society by sharing and being a neighbour of choice wherever our companies operate.

In 1965 or 47 years ago, Don Ramon Aboitiz gave a big part of his personal wealth to establish the Ramon Aboitiz Foundation, Inc. It is one of the largest shareholders of the Company. Our Company was one of the founding members of the Philippine Business for Social Progress when it was established in 1979 and today is still active in both the Board of Trustees and Regional Executive Committees. As the Aboitiz Group grew, CSR began to take on a much broader and more meaningful perspective; it was no longer merely about doing philanthropic acts but also reaching out to partners within our different communities. It has since evolved into a more organized, structured, and professionalised commitment from a dedicated team and from the Aboitiz workforce.

Thus, in 1988, the Aboitiz Group established the Aboitiz Foundation as the social development arm of the Aboitiz corporate group. CSR teams from business units nationwide were formed and now work together with the Aboitiz Foundation in areas where our companies are located. These BUs are mandated to allocate a percentage of their profits every year to fund the Foundation’s projects in their respective areas of operations and be the neighbour or choice to their host communities.

The focus areas of our group CSR are primarily education, enterprise development, health and environment. Over the last five (5) years, we have allocated Php 1.5 billion for our various CSR projects. For 2012 alone, Php 390 million was earmarked for projects. In addition, Aboitiz Foundation has collaborated and partnered with other organizations and foundations when there was alignment of goals or when a greater need of society required more interdependent CSR strategies were required to assist society. (See Aboitiz Foundation’s Website and Aboitiz Foundation’s Facebook Page)


2016 CSR Timeline & Milestones

 

SNAP-MAGAT DONATES ECO-FRIENDLY BOATS TO FISHERFOLK ORGANIZATIONS
December 22, 2016
Business Mirror

SN Aboitiz Power-Magat, Inc. turned over 15 fiberglass boats to fisher folk organizations in Isabela, Ifugao and Nueva Vizcaya to promote sustainable livelihood. Read More

VECO brings back color to Cansaga playground
18-Dec-2016 | The Freeman – Community p 28

Visayan Electric Co. Inc. (VECO) employees and volunteers rehabilitated last November 19 a playground under New Cansaga Bay Bridge. Read More

300 Compostela residents get freemedical exam,medicines
18-Dec-2016 | The Freeman – Community p 28

About 300 residents in the mountain barangay of Panangban in Compostela, Cebu recently received medical attention and free medicines and vitamin supplements from AboitizPower, Aboitiz Foundation Inc. and the Cebu II Electrical Cooperative Inc. Read More

Davao Light awards Elektrisyan ng Bayan
17-Dec-2016 | Sun Star Davao – Top Stories p A-5

THE Davao Light and Power Company (DLPC) calls on the youth to become electricians underscoring their vital role in the power sector. Read More

 

Veco donates 5 outposts to Cebu City police force
16-Dec-2016 | Sun Star Cebu – Neighborhood p A-23

THE Visayan Electric Company Inc. (Veco) donated five outposts to the Cebu City Police Office as part of its corporate social responsibility program. Read More

Children in TSI host communities get early Christmas treat
December 10, 2016
Zamboanga Times – News p 4

Some 300 children from the host community of Therma South Inc. (TSI), a subsidiary of the AboitizPower, were treated to an early Christmas Party during the company’s Christmas Outreach activity last December 3, 2016 at the power plant site in Binugao, Toril, Davao City. Read More

 

AEV is top CSR advocate
December 05, 2016

The Freeman – Corporate Roundup p 24 

Aboitiz Equity Ventures, Inc. (AEV) was recognized for its excellence and oustanding contribution to corporate social responsibility (CSR) at the recent Asia Corporate Excellence & Sustainability Awards (ACES) 2016. Read More

TSI renovates libraries
December 05, 2016

Sun Star Davao – Billboard p 16 

THERMA South Inc. (TSI), a subsidiary of AboitizPower, turned over newly renovated libraries to two high schools in its host communities on October 24, 2016 as part of its It’s A-Libe! Project. Read More

RECOGNIZING …
December 05, 2016
Mindanao Times – Business p 4

RECOGNIZING its valued contribution and support, the Aboitiz Foundation, the corporate social development arm of the Aboitiz Group, was recently honored by the Manila Science High School and the Department of Social Welfare and Development on two separate occasions. Read More

46 years and counting: Boys Town Davao fires up dreams
November 20, 2016
Sun.Star Davao.com

Providing help for the basics are groups like Davao Light and Power Company, which has been consistently giving some financial assistance, then the University of Mindanao through its president Guillermo Torres Jr. has assured Angala of assistance for the boys’ technical skills education and senior high, and Angala is also hoping to revive an earlier arrangement with the University of the Immaculate Conception also for senior high, and Rotary Clubs that have been itching in whatever they can through the nearly five decades of Boys Town. Read More

 

PRO7 lauds Veco for being drug-free
November 9, 2016
Sun Star Cebu – Neighborhood

POLICE Regional Office 7 Director Noli Talino recognized the initiative of the Visayan Electric Company (Veco) in their support of President Rodrigo Duterte’s all-out-war against illegal drugs. Read More

 

Aboitiz aids Lawin victims
November 9, 2016
Sun Star Davao – Billboard

The Aboitiz Group, through its social development arm the Aboitiz Foundation, has stepped up its relief efforts in North and Central Luzon, following the onslaught of Typhoon Lawin last October 2016. Read More

 

Aboitiz fast tracks aid after Typhoon Lawin
November 9, 2016
Malaya Business Insight

The Aboitiz Group, through its social development arm the Aboitiz Foundation, has stepped up its relief efforts in North and Central Luzon, following the onslaught of Typhoon Lawin last October. Aboitiz business units have pledged P3.6 million for the relief efforts. Read More

 

VECO turns over 2-storey building to Naga school
November 6, 2016
The Freeman – Community

VECO turns over 2-storey building to Naga school As part of its corporate social responsibility initiatives, the Visayan Electric Company (VECO) turned over last October 26 a newly constructed twostorey, four-classroom building to the Alpaco Elementary School in the City of Naga. Read More

 

On the wings of ‘Lawin’
November 4, 2016
Aboitiz BetterWorld
on-the-wings-of-lawin
Power corp. gives P300,000 aid to Toril fisherfolks
October 29, 2016
Sun Star Davao Online – Business

Aboitiz Power Corporation’s Therma South Inc. (TSI) poured some P300,000 for the Community-Based Fisheries Livelihood Assistance Program to capacitate the fisherfolk community in Barangay Binugao, Toril, Davao City. Some 30 fisherfolks in Binugao, Toril received a total of six non-motorized fishing… Read More

 

Davao power company still open on holidays
October 29, 2016
Sun Star Davao Online – Local News

DAVAO Light and Power Company’s (DLPC) customer services will be open to the public on October 31, Monday, and November 1, Tuesday, which were declared as special non-working holidays in observance of All Saints’ Day and All Souls’ Day. Service centers at SM Lanang Premier and in SM City Davao in… Read More

 

Snap, Benguet settle tax dispute
October 29, 2016
The Standard Online – News

LA TRINIDAD, Benguet–Hydroelectric power company SN Aboitiz Power (Snap) and its host province Benguet reached a compromise agreement on a real property tax dispute that has reached P157.7 million, representing three years of taxes to the towns of Bokod and Itogon and for Benguet province. Read More

 

Livelihood TSI gives P300-K aid to Toril fisherfolks
October 27, 2016
Sun Star Davao – Business p 7

Aboitiz Power Corporation’s Therma South Inc (TSI) poured some P300,000 for the Community-Based Fisheries Livelihood Assistance Program to capacitate the fisherfolk community in Barangay Binugao, Toril, Davao City. Read More

 

MOA SIGNING
October 27, 2016
Mindanao Daily Mirror – Regional p 2

MOA SIGNING. Davao Light and Power Company, Aboitiz Foundation Inc., Technical Education and Skill Development Authority (TESDA) Region 11. Read More

 

SPMC coal plant’s second 150 -MW in Malita operational next month
October 27, 2016
Mindanao Daily News – More Stories

Filinvest Development Corp.’s 405 MW coal plant, Cagayan Electric Power and Light Company Inc.’s embedded capacity of 155 MW, and Aboitiz Power’s Manolo Fortich Hydropower Project with 68 MW in Bukidnon will also be connected to the grid before yearend, according to Reston. Read More

 

FINANCIAL assistance turn-over
October 27, 2016
Mindanao Times – Business

The Davao Light and Power Company in partnership with the Aboitiz Foundation Inc. formally turned over the financial support amounting Php., 175,000 to Gawad Kalinga Community Development Foundation Inc. in Davao Light Ponciano office to support Gawad Kalinga’s projects in Davao City. Read More

 

Veco plants coffee trees in Cebu
October 5, 2016
The Standard Online – News – (, PNA) 

Some 120 Visayan Electric Co. employees and their family members planted about 2,500 coffee seedlings in Barangay Pung-ol Sibugay, a mountain village in Cebu City, a company statement said. The tree-planting activity was a joint project of Veco and the Philippine Business for Social Progress, the… Read More

 

DLPC donates computers
October 5, 2016
Edge Davao

Davao Light and Power Co., Inc. (DLPC) formally turned over computer units to Davao and Panabo electrician associations last Sept. 28, 2016 at the Davao Light Ponciano Office. Read More

 

Toledo school gets new bldg. 
September 29, 2016
The Freeman – Community p 22 

Summary: The almost 2,000 student of Bato Elementary School in Toledo City welcomed the donation of a new two-storey building from AboitizPower subsidiary Therma Visayas, Inc. and Aboitiz Foundation, Inc. Read More

 

Underground cabling expansion sought
September 29, 2016
Sun Star Davao – Topstories p 4 

AFTER seeing good results in the first phase of the Davao Light and Power Company’s (DLPC) underground cabling, a city councilor seeks to expand the project in surrounding downtown areas. Read More

 

Power company builds brgy health center in Sta. Cruz
September 29, 2016
PIA Information Service

A new barangay health center was turned over to residents of Barangay Inawayan in Sta. Cruz town, province of Davao del Sur last September 17. The health center was built by Therma South Incorporated, a subsidiary of AboitizPower. It is part of the community health enhancement program implemented by TSI and Barangay Inawayan. Read More

 

VECO UPGRADES SCHOOLS’ WIRING SYSTEM FOR SAFETY
July 13, 2016
Sun Star Cebu – Neighborhood p A20
The Visayan Electric Company (Veco) continues to provide a safe environment for students within its franchise areas almost six years after launching of its schools’ rewiring project.

HEDCOR’S ECO-MARKET
July 11, 2016
Manila Bulletin
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For six years now, Hedcor’s Eco-Market program aims to lessen the garbage that might pollute the streams and rivers within Hedcor’s host communities while also raising local awareness of global environmental issues. Host communities in Davao City, Davao del Sur, Bukidnon, Benguet, Ilocos Sur and Mountain Province, including elementary and high school students participate in the Eco-Market Day.

ABOITIZ GRANTS MICROFINANCE PACKAGES
July 4, 2016
Manila Bulletin – Business Agenda p C4
The Aboitiz Foundation partnership with the Center for Agriculture and Rural Development (CARD), Inc. has established two microfinance units in Tiwi, Albay and, Calinan, Davao City to extend livelihood opportunities for more Davaoeños and Bicolanos, with disbursed loans already reaching Php 819,000 since April this year.

HEDCOR HELPS BOOST BUKIDNON ECONOMY VIA JOB GENERATION
July 4, 2016
Mindanao Daily News – News p A-2
Manolo Fortich, Bukidnon—Boosting the economic growth through jobs generation while protecting the environment of its host communities is the top priority of Hedcor, Inc.

VECO MI-ADOPT OG TUNGHAAN ALANG SA BRIGADA ESKWELA
June 3, 2016
Banat News – Komunidad p 13
Ang benepisyaryo ning tuiga sa Brigada Eskwela sa Visayan Electric Company (VECO) mao ang Balud Elementary School sa lungsod sa San Fernando, habagatang Sugbo.

HEDCOR CHALLENGES BENGUET STUDENTS TO A SCALE MODEL CONTEST
May 30, 2016
Better Solutions
Scale Model

VECO SUPPORTS BRIGADA ESKWELA
May 20, 2016
Cebu Daily News – Community p 24
In support of the Department of Education’s (DepEd) program Brigada Eskwela or National Schools Maintenance Week, the Visayan Electric Company (Veco) employees and their families will troop to San Fernando town in southern Cebu to participate in the cleaning and repair of the dilapidated class-rooms of Balud Elementary School.

A BETTER FUTURE FOR APRI SCHOLARS
May 13, 2016
Better Solutions

APRI Scholars

ABOITIZ-DONATED AGAPP CLASSROOMS TOTAL 246 IN THE PAST 6 YEARS
May 4, 2016
Sun Star Cagayan – Billboard p 5

Since 2011, the Aboitiz Foundation, in partnership with AGAPP; has spent over P143 million to build 246 Silid Pangarap classrooms in 123 schools nationwide, benefitting over 55,000 kindergarten students.

DAVAO LIGHT, ABOITIZ FOUNDATION, TESDA SIGN PROJECT BELT.COM 
April 13, 2016
Sun Star Davao – Billboard p 13

A partnership among Davao Light and Power Co., Aboitiz Foundation Inc. and Tesda XI was sealed through signing of a Memorandum of Agreement (MOA) for Basic Electrical Lineman’s Training Center of Mindanao or Project BELT.COM last March 18.

ADDITIONAL CLASSROOMS TO BENEFIT INAWAYAN PUPILS
April 10, 2016

Mindanao Daily Mirror – Business p 6

About a hundred students in Inawayan Elementary School in Sta. Cruz town no longer have to attend classes in makeshift classrooms, thanks to the one-storey two-classrooms building donated recent by AboitizPower subsidiary Therma South, Inc. in partnership with the local government and the Department of Education.

HEDCOR ALLOTS 9.1 MILLION FOR LUZON CSR
April 6, 2016
Business Mirror, Companies Section – B2

The provinces of Benguet, Mountain Province and Ilocos Sur expect full implementation of P9.1 million worth of corporate social-responsibility projects this year for hosting Hedcor run-of-river hydropower plants. During the signing of a memorandum of agreement on March 23, Hedcor said 40 projects are up for implementation this year.

CSR POSTCARD: COTABATO LIGHT GIFTS 841 STUDENTS WITH A SAFER SCHOOL
March 31, 2016
Better Solutions

CSR Postcard - Cotabato Light gifts 841 students with a safer school 2

 

RESCUED SEA TURTLE RECUPERATING IN DAVAO NATURE PARK
March 26, 2016
Manila Bulletin Online – News – (AGENCY, Philippines News)

Summary: Davao City – A wounded pawikan, which is believed to be an Olive Ridley sea turtle, is now recuperating at the Cleanergy Park of Davao Light and Power Company in Punta Dumalag, Matina Aplaya here after it was rescued off the shores of Barangay Bucana earlier this month.

ABOITIZ FAMILY RECOGNIZED AS TOP GIVER
March 22, 2016
Forbes

Forbes Leaderboard Page

 

SMILE KIDS VISIT THE ABOITIZ CLEANERGY PARK
March 21, 2016

Aboitiz BetterWorld

SMILE kids visit the Aboitiz Cleanergy Park

 

3 IFUGAO SCHOOLS GET ICT EQUIPMENT
March 20, 2016
Baguio Midland Courier – Region p 10

Summary: AGUINALDO, Ifugao – Three host schools in this municipality are recipients of information technology equipment from SN Aboitiz Power-Magat through its corporate social responsibility project.

 

FRENCH WINEMAKERS PLEDGE TO SAVE PHILIPPINE PAWIKANS
March 18, 2016

Aboitiz BetterWorld

French winemakers pledge to save Philippine pawikans

BOHOL STUDENTS GET COMPUTERS
March 17, 2016

Cebu Daily News Online – Community 
Students of San Jose Elementary and High School in Mabini, Bohol no longer have to walk more than a kilometer to the national highway to do research for their assignments and projects. Last Feb. 24, AboitizPower, through the Ramon Aboitiz


ABOITIZPOWER, BOHECO II DONATE COMPUTERS TO REMOTE BOHOL SCHOOL
Panay News Online – Locale
March 17, 2016
Students of San Jose High School in Mabini, Bohol try out the new computer sets donated by AboitizPower and Boheco II.

A SECOND HOME FOR THE 1,266 STUDENTS
AboitizPower Better Solutions Post Card
March 11, 2016

AboitizPower

SN ABOITIZ GIVES NEW FIRE TRUCK TO NUEVA VIZCAYA
news.pia.gov.ph
February 8, 2016

BAYOMBONG, Nueva Vizcaya, Feb. 6 (PIA) – SN Aboitiz Company recently donated a new fire truck to the Bureau of Fire Protection (BFP) here through the provincial government.

ABOITIZ BARES CAMPAIGN TO PRESERVE PAWIKAN
BusinessWorld-Page 8 -S2-10
February 8, 2016
THE ABOITIZ FOUNDATION has launched a campaign that aims to raise funds for the protection and preservation of the critically endangered hawksbill turtle in Punta Dumalag, Davao City, one of the last few remaining natural habitats for species of its kind.

AMBULANCE UNITS FROM SNAP
Malaya Business Insight – Corporate Social Responsibility p A-4 
February 5, 2016
Two ambulance units were turned over by SNAP-Magat to its host province of Isabela on January 20

LET’S MAKE A BETTERWORLD FOR THE PAWIKANS
Aboitiz BetterWorld
February 3, 2016

Let’s make a BetterWorld for the Pawikans

GFR 2016 GETS THUMBS UP FROM UK-BASED FASHION REVOLUTION
Aboitiz BetterWorld
January 28, 2016

GFR 2016 gets thumbs up from UK-based Fashion Revolution

ABOITIZ-SUPPORTED SCHOLARS RECEIVE RECOGNITION FOR EXCELLENCE
Rappler.com
January 13, 2016
Two college scholars supported by the Aboitiz Foundation, the social development arm of the Aboitiz Group, ended 2015 with flying colors, having received academic honors for their strong commitment and passion to excel in their respective academic fields.

ABOITIZ POWER ASSURES NEW PLANT TO ADHERE TO ENVIRONMENTAL STANDARDS
Manila Bulletin – Mindanao News p A-18 – (LOPEZ, Alexander D.)
January 10, 2016
The Aboitiz Power Corporations (Aboitiz- Power), through its Chief Executive Officer (CEO) Erramon Aboitiz, has assured all the stakeholders in the Davao region and other parts of Mindanao that the 300MW coal-fired power plant in Binugao, Toril, here will have the most modern facilities and will operate under the strictest environmental standards.

2015 CSR Timeline & Milestones

JOURNEY OF D’LIGHT: DAVAO LIGHT BRINGS LIGHT TO FAR-FLUNG INDAWHONG COMMUNITY
Aboitiz BetterWorld
December 30, 2015

DLPC

POWER UTILITY INSTALLS SOLAR-CHARGING STATION TO BENEFIT LUMAD BARANGAY IN DAVAO CITY
BusinessMirror – Companies p B-2 – (CAYON, Manuel T.) 
December 31, 2015
DAVAO CITY – The power- utility firm Davao Light and Power Co. said it has installed a solar-charging station inside the off-grid community of the Manobo tribe in the northern hinterlands of Marilog district.

Veco powers sitio in Campo 7 
Sun Star Cebu – Neighborhood p A-20
December 23
Summary: RESIDENTS of Sitio Calbasa-an, Barangay Camp 7 in Minglanilla, Cebu will have a brighter Christmas with the recent switch-on ceremony of the Visayan Electric Company’s rural electrification project in the area.

Aboitiz gives P2M aid for Nona-affected 
Sun Star Davao – Billboard p 14 
December 23, 2015
Summary: THE Aboitiz Group has earmarked a total of P2 million for relief efforts in Oriental Mindanao, extending much-needed aid to 1,000 families recently affected by Typhoon Nona in the province.

Water project to start in July 
Sun Star Davao – Business p 7 – (PEREZ, Ace June Rell) 
December 23, 2015
Summary: PROPONENTS of the P10 billion Davao City Tamugan Bulk Water Supply Project have remained optimistic they can start the construction of the project by July next year and meet its target completion in 2019.

Aboitiz Group mobilizes for ‘Nona’ victims 
Mindanao Times – Business p 8 – (MINDORO, Oriental) 
December 23, 2015
Summary: THE ABOITIZ Group has earmarked a total of P2 million for relief efforts in Oriental Mindoro.

 

RELIEF ASSISTANCE
The Standard – Business p B3 
December 21, 2015
Management members and volunteers of SN Aboitiz Power-Magat Inc., led by assistant vice president and plant manager Willy Ferrer, distribute close to a thousand relief packs to barangays affected by Typhoon Lando.

ABOITIZ CLEANERGY PARK IN DAVAO WELCOMES MORE THAN 100 NEW ‘PAWIKANS’ HATCHLINGS
Philippine Star, Page A-29 Section: The Good News

December 21, 2015

A total of 109 hawksbill sea turtle (pawikan) hatchlings ere recently released at the Aboitiz Cleanergy Park in Punta Dumalag, Davao City, further ensuring the survival of the critically endangered species and strengthening the park’s status as an important biodiversity habitat.

HEDCOR UNVEILS P2.5M SCHOOL BUILDINGS IN DAVAO SUR, BUKIDNON
December 21, 2015
Business Mirror, Page B-2 Section: Companies

ABOITIZ POWER subsidiary Hedcor has turned over two school buildings worth P2.5 million to the local communities of the Santa Cruz Central Elementary School in Davao del Sur and the Ilignan Elementary School in the province of Bukidnon.

HEDCOR TURNS OVER 2 SCHOOL BUILDINGS WORTH P2.5M TO DAVAO SUR, BUKIDNON
Edge Davao, News 4
December 15, 2015

HEDCOR turned over two school buildings worth a total of P2.5 million to Sta Cruz Central Elementary School in Davao del Sur and Ilignan Elementary School in the Province of Bukidnon this year under the AboitizPower subsidiary’s Silid Pangarap program.

In partnership with Aboitiz Foundation, Department of Education, and AGAPP Foundation, Hedcor supports DepEd’s K+12 program in providing better education and improving academic performance of the kindergarten students in the areas.

 

KINDERGARTEN CLASSROOMS FOR COMVAL
Philippine Daily Inquirer , Page: E-4 Section: Learning
December 8, 2015

Aboitiz Foundation, represented by executive vice president and chief operating officer Sonny Carpio (third row, first from left), turned over to Agapp Foundation “Silid Pangarap” kindergarten classrooms for Concepcion Elementary School in Maco, Compostela Valley.

ABOITIZ FOUNDATION INKS MOA WITH TESDA
Philippine Star, Page: C-3 Section: Business
November 23, 2015

The Aboitiz Foundation recently signed an agreement with the Technical Education and Skills Development Authority (TESDA) as part of efforts to expand its enterprise development program to include skills training support for partner cooperatives.

School project turned over to Compostella
Malaya, Page: A-11 Section: Corporate Social Responsibility
November 20, 2015

THE Aboitiz Foundation, the social development arm of the Aboitiz Group, and Therma Marine, Inc.-Mobile I recently turned over AGAPP (Aklat, Gabay, Aruga. Tungo sa Pag-angat at Pag-asa) “Silid Pangarap” kindergarten classrooms to Concepcion Elementary School in Maco, Compostela Valley

Aboitiz donates classrooms to a school in Compostela Valley
BusinessWorld, Page: S4-4 Section: Bulletins
November 13, 2015

THE ABOITIZ FOUNDATION, the social development arm of the Aboitiz Group, and Therma Marine, Inc.-Mobile I recently turned over AGAPP (Aklat, Gabay, Aruga Tungo sa Pag-angat at Pag-asa) “Sllid Pangarap” kindergarten classrooms to Concepcion Elementary School in Maco, Compostela Valley.

ABOITIZ EXTENDS COOP LOAN ASSISTANCE
Philippine Daily Inquirer, Page: I-4 Section: People, Events & Products
November 8, 2015

ABOITIZ Foundation, the social development arm of the Aboitiz Group, and Hedcor, Inc. extended microfinance loan assistance to Barangay Alapang Multipurpose Cooperative (BALMUCO) in La Trinidad, Benguet.

 

Aboitiz expands enterprise dev’t program
Malaya, Page: A-10 Section: Business
November 6, 2015

ABOITIZ Foundation, the social de- velopment arm of the Aboitiz Foun- dation, is expanding its enterprise development program in other major cities in Mindanao by supporting new organized groups in their livelihood activities.

Aboitiz companies recognized
Mindanao Times, Page: 8 Section: Business
October 29, 2015

DepEd secretary Armin Luistro awarded Certificates of Appreciation to Aboitiz Foundation and business units AboitizLand, City Savings Bank, Cotabato Light and Power Company, Davao Light and Power Company, Hedcor, Inc. – Benguet, Hedcor, Inc. – Davao, Hedcor Sibulan, Inc., Luzon Hydro Corporation, Pilmico Animal Nutrition Corporation Corporation, Pilmico Foods Corporation, and Visayan Electric Company.


DepEd recognized 11 Aboitiz firms for education support
Edge Davao, Page: 11 Section: Competitive Edge
October 28, 2015

The Department of Education (DepEd) recently gave recognition to 11 Aboitiz companies and the group’s social development arm Aboitiz Foundation for their significant contribution to the improvement of the country’s public education system.

Aboitiz, foundation recognized for education initiatives
Sun.Star Cebu, Page: A19 Section: Neighborhood
November 28, 2015

DepEd Secretary Armin Luistro awarded certificates of appreciation to Aboitiz Foundation and business units AboitizLand, City Savings Bank, Cotabato Light and Power Company, Hedcor Inc-Benguet, HedcorInc Davao, Hedcor Sibulan Inc., Luzon Hydro Corp., Pilmico Animal Nutrition Corp., Pilmico Foods Corp., and Visayan Electric Company during its annual partners’ appreciation program held recently.

DepEd recognizes Aboitiz companies foundation on education initiatives
Mindanao Daily Mirror, Page: 4,15 Section: Region
November 27, 2015

Eleven Aboitiz companies and the Group’s social development arm Aboitiz Foundation recently received recognition from the Department of Education (DepEd) for their significant contribution to the improvement of the country’s public education system

LOAN ASSISTANCE
Philippine Star, Page: B-3 Section: Business
November 27, 2015

The Aboitiz Foundation, the social development arm of the Aboitiz Group, and Hedcor Inc. extended microfinance loan assistance to Barangay Alapang Multipurpose Cooperative (Balmuco) in La Trinidad, Benguet.

 

Aboitiz reaffirms ties with Cebu education partners
Business Mirror, Page: E-2 Section: Education
November 26, 2015

The Aboitiz Foundation, the corporate foundation of the Aboitiz Group, recently stepped up its commitment to improving the country’s educational system by renewing agreements with its private- and public-sector scholarship partners in Cebu.

 

THE ENCHANTED AGUSAN MARSH
Business Mirror, Page: A-6 Section: Tourism
November 26, 2015

The most recent visit took place in June. I was part of the group of journalists who was tapped to cover the event of turning over 10 brand-new computers donated by Aboitiz Foundation to Sabang Gibong Elementary School.

ABOITIZ SIGNS MANILA DECLARATION, JOINS WATER ALLIANCE
Aboitiz BetterWorld
November 6, 2015

Aboitiz signs Manila Declaration, joins Water Alliance

Aboitiz Foundation builds over 200 AGAPP classrooms to date
Malaya, Page: A-10 Section: Business
October 23, 2015

THE Aboitiz Foundation, the corporate foundation of the Aboitiz Group has di- rectly provided around 20 percent of the classrooms for the entire AGAPP (Aklat, Gabay, Aruga Tungo sa Pag-angat at Pag-asa) Foundation to date

 

Aboitiz Foundation reaffirms ties with Cebu education partners
Philippine Star, Page: A-19 Section: Education
October 15, 2015

The Aboitiz Foundation, the corporate foundation of the Aboitiz Group, recently stepped up its commitment to improve the country’s educational system by renewing agreements with its private and public sector scholarship partners in Cebu.

Aboitiz donation
Manila Standard Today, Page: B-5 Section: Business
October 15, 2015

Aboitiz Foundation turns over 40 kindergarten classrooms to Aklat, Gabay, Aruga Tungo sa Pag-angat at Pag-asa Foundation.

GREEN Fashion Revolution 2015
The Freeman, Page: 22 Section: Lifestyle
October 2, 2015

The winners of his year’s “Green Fashion Revolution” – an annual intercollegiate fashion design competition – were formally recognized on Saturday, September 26, last week.

Aboitiz is biggest contributor to PH public education – DepEd
BusinessWeek MindanaoWriter: Page: Section: News
September 1, 2015

We firmly believe that education is where we can make the greatest impact and we continue to advance our efforts to help improve it in our country. Over half of our group-wide CSR budget is allocated for education-related programs, ” stressed Aboitiz Foundation chairman Erramon Aboitiz

DepEd lauds Aboitiz group for partnership in Education
Edge DavaoWriter: Page: 14 Section: Community
September 1, 2015

The Department of Education (DepEd) has lauded Aboitiz Group for being its biggest contributor and a long-standing partner in the bid to uplift the state of the country’s public education.

Everyday Hero’ shares story with kids
Philippine Daily InquirerWriter: Cris Evert Lato Page: A-15 Section: Across the Nation
September 28, 2015

Keybird Padilla was only 11 years old when he helped policemen capture a man who took a schoolteacher’s pair of earrings during a robbery inside a passenger jeepney near Cebu City’s biggest public market. He had quietly followed the robber to his hideout and reported the place to a barangay tanod (watchman), which led to the arrest.


New classrooms to benefit 2,400 kindergarten pupils –DepEd
Manila Times Online, Writer: Page: Section: News
August 24, 2015

“In behalf of the 2.2 million kindergarten pupils nationwide, I thank our private partners for their relentless support to the Department of Education, particularly in the implementation of the Kindergarten program. The Agapp and Aboitiz Foundation came to the rescue and help us deal with the children who were already in schools,” the DepEd chief said in his speech during the turnover ceremony at Enderun Colleges in Taguig City (Metro Manila).

More classrooms
Manila Bulletin, Writer: Page: A-28 Section: Mindanao
August 23, 2015

The new classrooms were built under the auspices of the Aboitiz Foundation. Inc., in full support of Agusan del Sur Electric Cooperative.

See More Timeline & Milesones

Enterprise Risk Management

Risk management plays its part in the achievement of the Aboitiz Group’s strategic objectives by creating a culture of measuring and managing risk.

Now on its third year of assessing the risk maturity of the Aboitiz Group, the Group’s average rating is at 3.9 on a scale of 1 -5. This puts the Group at the top 15% of all organizations that participate in the global Risk Maturity Index (RMI) assessment conducted by AON annually. The 2014 assessment was participated by 110 Aboitiz Group team leaders, including board members, C-Suite, key operating team leaders, and risk managers from 16 business units.

See discussion of the Company’s risk management initiatives in the company’s Aboitiz Annual Report and Corporate Governance Report.