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.
On March 28, 2017, the Directors and Key Officers of the Company attended the PARIMA seminar and March 29, 2017 Executive Briefing.
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)
2017 CSR Timeline & Milestones
NEWS ARTICLE : CitySavings provides aid to quake-hit Leyte areas
11-Aug 2017 | Sun Star Cebu – Neighborhood p A20
City Savings Bank (CitySavings) recently launched relief operations in Kananga town and Ormoc City, Leyte following the 6.5 magnitude earthquake that affected the province early last month. Read More.
NEWS ARTICLE : Aboitiz, partners help Marawi residents
09-Aug 2017 | Sun Star Davao – Billboard p 11
ABOITIZPOWER. and some electric cooperatives in Mindanao turned over on July 26 food and water for about 400 families affected by the ongoing armed conflict in Marawi. Read More.
NEWS ARTICLE : Aboitiz, partners help Marawi residents
09-Aug 2017 | Zamboanga Times – News p 8
ABOITIZPOWER. and some electric cooperatives in Mindanao turned over on July 26 food and water for about 400 families affected by the ongoing armed conflict in Marawi. Read More.
WEB ARTICLE : AboitizPower, partners help Marawi residents
08-Aug 2017 | Remate – Online – News
AboitizPower and some electric cooperatives in Mindanao turned over on July 26 food and water for about 400 families affected by the ongoing armed conflict in Marawi. The relief packs containing rice, energy biscuits, instant noodles, canned goods, and bottled water will be distributed to the… Read More.
WEB ARTICLE : Forex losses bring AboitizPower’s first sem core income down 2%
08-Aug 2017 | Power Philippines – Business – (ROQUE, Veronica)
The Aboitiz Power Corporation saw a two percent (2%) decline in its core net income to P9.7 billion for the first half of 2017 due to foreign exchange losses. The company lost P744 million in the first semester “on the revaluation of dollar-denominated liabilities.” Its power generation… Read More.
Hedcor, communities plant 7,500 trees in one day
08-Aug 2017 | Mindanao Daily Mirror
Hundreds of volunteers from Hedcor and its stakeholders dedicated a day to plant 7,500 trees in the soils of Davao del Sur and Bukidnon recently. Hedcor employees brought with them their kids to teach them how to be environmental stewards, sustainable, and instill in them a sense of responsibility. Read More.
NEWS ARTICLE : TSI assists in water pipe laying in community
12-Jul 2017 | Sun Star Davao – BIllboard p 11
THERMA South, Inc. (TSI), a subsidiary of AboitizPower, recently partnered with local officials and residents of its host community in Inawayan, Sta. Cruz, Davao del Sur for the installation of acommuncal water system for the benefit of several families in the coastal area of Purok Linggisan. Read More.
Aboitiz firms donates to Maguindanao school
12-Jul 2017 | Mindanao Daily Mirror
The Aboitiz owned power firm serving Cotabato City and parts of Maguindanao continued its social corporate responsibility, helping communities through education. Read More.
WEB ARTICLE : 664 elementary students in San Carlos City get school kits
10-Jul 2017 | The Daily Guardian Online – Community News
MORE than 660 grade school students in Barangay Punao, San Carlos City received school kits from AboitizPower, through its subsidiary San Carlos Sun Power, Inc. (SacaSun) and Aboitiz Foundation, Inc.SacaSun distributed backpacks containing notebooks, pad papers, pencils, ballpens, crayons, rulers,… Read More.
NEWS ARTICLE : ABOITIZPOWER UNIT SUPPORTS NAVOTAS PUPILS
03-Jul 2017 | The Standard – Sunday LGUs p D-1
That was why it was extra special for the top education official to be personally handing educational assistance certificates to 25 deserving high school students, as part of the community projects of AboitizPower, its Navotas-based subsidiary Therma Mobile (TMO), and the Aboitiz Foundation. Read More.
NEWS ARTICLE : 10 ERMITA FOLKS RECEIVE SEWING TOOLS FROM CPCC
03-Jul 2017 | Sun Star Cebu – Neighborhood p A-25
In an overly crowded Barangay Ermita in Cebu City were dreams seem to be unreachable, hope springs for an 80-year-old mother. Read More.
NEWS ARTICLE : OUTSTANDING
03-Jul 2017 | Gold Star Daily – Front Page p 1
Villanueva Mayor Jennie Rosalie Uy (second, left) leads local officials in honoring outstanding corporate taxpayers in Villanueva, Misamis Oriental during the recent celebration of the town’s 55th charter day. Among the large corporate taxpayers honored were energy-firm Steag State Power Inc. (SPI) as a “steadfast partner in the revenue.Read More.
NEWS ARTICLE : Aboitiz firm energizes Maguindanao remote village
03-Jul 2017 | Mindanao Daily Mirror – Business p 6
COTABATO CITY (PNA) – The Aboitiz-owned Cotabato Light and Power Company (Cotabato Light) has taken another step to reach out and energize mg communities. Read More.
WEB ARTICLE : Visayas power distributor to diversify power sources
03-Jul 2017 | Malaya Online – News
Aboitiz-led distribution utility Visayan Electric Co. (VECO) said while more than 50 percent of its power supply comes from renewable energy (RE), a balanced mix of generation sources is necessary to have more efficient and competitively priced power. “In the long term, RE is cheaper than… Read More.
WEB ARTICLE : Veco goes to Guba ES for Brigada Eskwela
03-Jul 2017 | Sun Star Cebu Online – Local News
BRIGADA. Veco kaibigans, with Guba ES teachers, gather for a group photo. (CONTRIBUTED FOTO) “I THOUGHT that private organizations helping far-flung schools happens only in TV series or in the movies. But with you VECO employees here, I now know that such is true. Thank you very much for helping… Read More.
NEWS ARTICLE : Community cooperative receives baking equipment
29-Jun 2017 | Sun Star Davao – Billboard p 13
SUNSHINE Farmers and Community Multipurpose Cooperative (Sufamco) of Barangay Sirawan, Toril, Davao City received several baking equipment for their new community bakeshop last June 5,2017. Read More.
NEWS ARTICLE : Aboitiz Group gathers 1.5T team members for Brigada Eskwela
26-Jun 2017 | Sun Star Cebu – Neighborhood p A-19
The Aboitiz Group heeded the governments call for volunteers and rallied over 1,500 team members nationwide from 24 business units (BUs) for its annual group-wide Brigada Eskwela activity this year. Read More.
NEWS ARTICLE : Projects inaugurated in MP
26-Jun 2017 | ZigZag Weekly – News p 2
PARACELIS, MOUNTAIN Province The provincial government here turned over infrastructure projects worth at least seventeen million and live hundred thousand pesos (17.5 million pesos) to beneficiaries on two occasions last week. It is to be noted that the increase od SEF collection was due to the taxes collected form HEDCOR Sabangan Inc. Read More.
NEWS ARTICLE : 50 IPs complete indigenous crafts livelihood skills training
26-Jun 2017 | Mindanao Daily Mirror – Business p 6
Some 50 Matigsalug trainees recently completed a series of skills training conducted by AboitizPower subsidiary Therma South, Inc. (TSI) and the Aboitiz Foundation, Inc. Read More.
NEWS ARTICLE : Aboitiz funds Talisay multi-purpose building
23-Jun 2017 | The Freeman – News p 8 – (ALGABRE, Iris Mariani B.)
Four months from now, a multipurpose building will rise at the rightmost part of the Talisay City Halls compound. Read More.
NEWS ARTICLE : Veco to build Talisay’s command center
23-Jun 2017 | Sun Star Cebu – News Plus p A-10
A multipurpose building that will house Talisay Citys fire department, police station, disaster management office and evacuation center will rise four months from now. Read More.
Fathers and backyard farming
23-Jun 2017 | Aboitiz BetterWorld
NEWS ARTICLE : DOE and APRI Supports Community Through ER 1-94
22-Jun 2017 | Weekly News Blast – Front Page p 1
HOST communities of AP Renewables, Inc. (APRI) continually reap their share of the company’s revenue through the Energy Regulation 1-94 (ER 1-94) funds managed by the Department of Energy (DOE). Read More.
WEB ARTICLE : Amid challenges, engineering scholars graduate with honors
22-Jun 2017 | Sun Star Cebu Online – Lifestyle
With honors. Samuel Loyloy (left) almost dropped out of school because his mother could no longer afford to pay for his tuition. When he got the scholarship from AboitizPower, he decided to focus on his studies to keep his grades. He graduated cum laude. Paul James Libron (right)graduated cum laude… Read More.
AboitizPower unit grants boy’s wish
29-May 2017 | Philippine Star – The Good News
Last month, Janard Morfe, a 12-year-old boy battling leukemia, got his wish to become an engineer, even for just a day, at the Cleanergy Center at the AboitizPower geothermal unit AP Renewables, Inc. (APRI) in Brgy. Bitin, Bay, Laguna. Read More
Renewable energy now used by Nestle factory Consultative meeting AB Camp to see top coach, local players teach volleyball to starters
28-May 2017 | Amianan Balita Ngayon – Community Billboard
Renewable energy now used by Nestle factory Nestle Philippines, Inc. is now using renewable energy to power the operations of its manufacturing facility in Lipa, Batangas. Starting February this year, the Nestle factory has switched to using Cleanergy from the MakBan Geothermal Power Plant of… Read More
AboitizPower grants special wish
19-May 2017 | Malaya Business Insight – Corporate Social Resposibily
LAST April 21, Janard Morfe, a 12-year-old boy battling leukemia, travelled from his hometown in Casiguran, Aurora, to visit the Cleanergy Center at the Admin Compound of AboitizPower geothermal unit AP Renewables, Inc. (APRI) in Brgy. Bitin, Bay, Laguna. Read More
Mga lumad nagpasalamat sa P10M tabang sa Hedcor
11-May 2017 | Sun Star Superbalita
Dako ang pasalamat sa mga Indigenous Peoples sa probinsya human nakabenepisyo sa mga proyektong gihatag sa Hedcor, nga igsuong kompaniya sa AboitizPower. Karong tuiga, migahin na sab ang kompanya og P10-milyones nga badyet alang sa mga probinsya sa DavSur, Bukidnon ug siyudad sa Davao. Read More
Mindanao gets P10M community projects from hydro firm
05-May 2017 | Mindanao Daily News – Second Front
With a budget allotment of P10 million for this year, some Higaonons in the Province of Bukidnon, Bagobo-Tagabawas in Davao del Sur and beneficiaries in Davao City will welcome another long list of community projects focused on education, environment, health and, enterprise development after Hedcor, a hydropower firm of AboitizPower. Read More
Veco turns over 2 infra projects in San Remigio
03-May 2017 | Sun Star Cebu – Neighborhood
The Visayan Electric Co. Inc. (Veco), through its corporate social responsibility initiative, turned over a newly-constructed multi-purpose cultural center to Luyang National High School and a single-story, three-classroom building to Luyang Elementary School in San Remigio,’ Cebu. Read More
Bukidnon, Davao to get P10M worth of CSR projects
03-May 2017 | Sun Star Davao – Billboard
WITH a budget allotment of P10 million for this year, some Higaonons in the Province of Bukidnon. Read More
Hedcor awards P8M CSR projects to Benguet, Ilocos Sur host towns
09-Apr 2017 | Baguio Chronicle
THE Aboitiz Power, through the Aboitiz Foundation, formalized their Corporate Social Responsibility (CSR) projects in their different hydropower partner communities in Benguet, Mountain Province and Ilocos Sur with a memorandum of agreement signing at Venus Parkview Hotel here last March 31. Read More
Power firm’s scholar wins in math contest
06-Apr 2017 | Mindanao Times Online – Community
ONE of the 14 college scholars of AboitizPower subsidiary Therma South, Inc. (TSI) recently placed 4th in the 16th National Math Wizard Competition organized by the Institute of Integrated Electrical Engineers (IIEE). Renen Faith Gloria, along with four other Electrical Engineering students from… Read More
Aboitiz Power renews focus on environmental sustainability
06-Apr 2017 | Sun Star Baguio Online – Business
IN 2002, United Nations Secretary General Kofi Annan stood before the UN General Assembly and said, “Our biggest challenge in this new century is to take an idea that seems abstract – sustainable development – and turn it into a reality for all the world’s people.” A decade and a half… Read More
Mindanao Daily News
06-Apr 2017 | Mindanao Daily News Online – Today’s Top Stories
THUMBS UP FOR PLANTING MANGROVES. The Davao Light And Power Co., Inc. welcomed the team from the Bangko Sentral Ng Pilipinas (BSP) for a tree planting activity at the Cleanergy Park in Punta Dumalag Matina Aplaya, Davao City last Saturday, April 1. BSP is an active supporter of the environmental… Read More
VECO SA DSWD 7 HOME FOR GIRLS
05-Apr 2017 | Super Balita – Superboard
Nahimong mas halandomon ang Valentines Day alang sa 60 ka mga residente sa DSWD Home for the Girls sa Barangay Labangon tungod sa pagpahigayon og usa ka post-Valentine activity sa Visayan Electric Company, Inc. , (VECO) niadtong Pebrero 18. , (VECO) niadtong Pebrero 18. Read More
THUMBS UP FOR PLANTING MANGROVES.
05-Apr 2017 | Mindanao Daily Mirror – People, Events and Products
THUMBS UP FOR PLANTING MANGROVES. The Davao Light and Power Company welcomed the team from the Bangko Sentral ng Pilipinas (BSP) for a tree planting activity at the Cleanergy Park in Punta Dumalag Matina Aplaya, Davao City last Saturday, April 1. Read More
THUMBS UP FOR PLANTING MANGROVES.
05-Apr 2017 | Mindanao Daily News – Second Frontpage
THUMBS UP FOR PLANTING MANGROVES. The Davao Light And Power Co., Inc. welcome the team from the Bangko Sentral Ng Pilipinas (BSP) for a tree planting activity. Read More
Hidalgo: More refreshing news for us
04-Apr 2017 | Sun.Star Davao.com
The Department of Education plans to conduct drug test among high school students. Davao Light donated five electrical labs for instruction aids. When all these aforementioned benefits to be given to the citizens materialize we are assured of the progress we want to achieve for our country. Read More
NAVOTAS GAINS GROUND ON ‘TECH-VOC’ EDUCATION
03-Apr 2017 | Business Mirror
Fernando attributed their success to the “utmost support” of the city government and the Aboitiz Foundation, the corporate foundation of the Aboitiz Group. “It was a big turnaround for us. The mind-set has totally changed for both teachers and students. We have a caring and nurturing school environment with zero cases of drugs, teenage pregnancies, even bullying,” she said. Read More
Davao Light keeps bayanihan spirit
25-Mar 2017 | Mindanao Daily Mirror – Regional
Alone we can do little, together we can do so much.” This is what volunteer-employees of Davao Light and Power Co., Inc. Read More
Davao Light keeps bayanihan spirit
25-Mar 2017 | Mindanao Daily Mirror – Regional
Alone we can do little, together we can do so much.” This is what volunteer-employees of Davao Light and Power Co., Inc. Read More
Davao Light and Power Company…
24-Mar 2017 | Gold Star Daily – Money Matters
Davao Light and Power Company President Jaime S Aboitiz speaks before teachers and students during the turnover of electrical laboratory equipment to the Francisco Bangoy National High School in Davao City Wednesday (22 March 2017). Read More
Davao Light and Power Company President…
24-Mar 2017 | Mindanao Daily News – Second Frontpage
Davao Light and Power Company President Jaime Jose Aboitiz speaks before teachers and students during the turnover of electrical laboratory equipment to the Francisco Bangoy National High School in Davao City Wednesday (22 March 2017). Read More
Engr. Rodger Velasco (right).
24-Mar 2017 | Daily News – Second Frontpage
Engr. Rodger Velasco (right). Davao Light and Power Company vice president for engineering, shows students how to use electrical laboratory equipment at the Francisc Bangoy National High School in Davao City Wednesday (22 March 2017). Read More
E.labs for Davao City high schools
24-Mar 2017 | Sun Star Davao – Topstories
THE Davao City Light and Power Corporation, Inc. (DLPC) turned over five electrical laboratories (e.labs) to five high schools in Davao City to support of the Department of Education (Deped)’s K-12 Curriculum. Read More
90 pre-schoolers get new day care center
24-Mar 2017 | Cebu Daily News – Community
NINETY pre-schoolers in Barangay Ibo, Lapu-Lapu City no longer have their classes inside a cramped room that also houses the local governments offices. The pre-schoolers move to a newly constructed day care center funded by AboitizPower subsidiary East Asia Utilities Corp. (EAUC). Read More
Paggamit sa tech toots sa edukasyon giawhag
23-Mar 2017 | Super Balita – Daklit
Ang planta sa kuryente sa Cebu Private Power Corp. sa Barangay Ermita, Cebu City maoy usa sa mga pasilidad sa AboitizPower nga napamatuod na luwas para sa mga trabahante niini ug sa komunidad, ingon man sa kalikupan. Read More
DAVAO Light and Power Co.
23-Mar 2017 | Mindanao Times – Front Page
DAVAO Light and Power Co. facilities officer Herbert Lariego briefs high school students on the Electrical Laboratory project in support of Department of Education K to 12 curriculum. Read More
ELECTRICAL LABS
23-Mar 2017 | Sun Star Davao – Front Page
Students of Francisco Bangoy National High School try their hand on the features of Electrical Laboratory donated by the Davao Light and Power Co. Read More
Company donates electrical laboratory to 5 Davao City schools
23-Mar 2017 | ABS-CBN News – News
DAVAO CITY – Five schools in Davao City received new electrical laboratories or e.Labs, which will be used by senior high school students who take technical vocational courses. The training facilities were donated by Davao Light and Power Company (DLPC) and Aboitiz Foundation. Jaime Jose Aboitiz,… Read More
Enough power supply this summer: Power Corporation
23-Mar 2017 | Sun Star Davao Online – Local News
DAVAO Light and Power Corporation (DLPC) assured Dabawenyos that they have enough power supply for their franchise area in the coming months. “From April to May we are expecting a demand of 410 megawatts (MW),” Engineer Roger Velasco, DLPC executive vice president and chief operating officer, said… Read More
Laboratory Equipment
22-Mar 2017 | MindaNews – Photo of the Day
Want create site? With Free visual composer you can do it easy.Engr. Rodger Velasco, Davao Light and Power Company vice president for engineering, shows students how to use the electrical laboratory equipment at the Francisco Bangoy National High School in Davao CityWednesday (22 March 2017). The… Read More
VECO turns over 2 infra projects in San Remigio
21-Mar 2017 | The Freeman – Community
The Visayan Electric Co., Inc. (VECO), through its Corporate Social ResponsibIlity initiative, turned over last February 24 anewly – constructed multi-purpose cultural center to Luyang National High School and single-story. Read More
Aboitiz Equity Ventures profit up by 27%
21-Mar 2017 | Sun Star Davao – Business
Aboitiz Equity Ventures, Inc. (AEV) saw its consolidated net income increase by 27% year-on year (YoY) from PI 7. 7 billion in 2015 to P22.5 billion in 2016. Read More
New school lab
21-Mar 2017 | The Standard Online – Gallery
Navotas Mayor John Rey Tiangco (center) witnesses the turnover of the carpentry and welding laboratory and the audio-visual room to the San Rafael Technological and Vocational High School donated by Aboitiz Power. The rooms cost a combined P3.4 million and is part of Aboitiz Power’s corporate… Read More
AboitizPower’s hydropower plants, first to receive international asset management certifications in the Philippines
21-Mar 2017 | Kagay-an – News
DAVAO CITY – Aboitiz Power Corporation (AboitizPower) subsidiaries Hedcor Sibulan, Inc. and Hedcor Tudaya, Inc. are the first companies in the Philippines to be at par with the new international Asset Management standard. TUV-SUD, an internationally accredited certification body audits the… Read More
NEW SCHOOL LAB.
21-Mar 2017 | The Standard – LGUs
Navotas Mayor John Rey Tiangco (center) witnesses the turnover of the carpentry and welding laboratory and the audio-visual room to the San Rafael Technological and Vocational High School donated by Aboitiz Power. Read More
Aboitiz, DTI partner anew for Matigsalug livelihood project
20-Mar 2017 | Kagay-an – News
AboitizPower subsidiary Therma South, Inc. (TSI) in partnership with Aboitiz Foundation, Inc. (AFI), has tied up with the Department of Trade and Industry (DTI) 11 to implement a comprehensive crafts livelihood project for members of the Matigsalug tribe in Marilog, Davao City. The project is an… Read More
A bigger dream for “Pangarap”
19-Mar 2017 | Edge Davao
Last February 23, the eagle bred in captivity turned 18. Thanks to the Aboitiz Power Corporation, the holding company for the Aboitiz Groups investments in power generation, distribution, and retail electricity services, which adopted the eagle since 2010. Read More
Aboitiz, DTI partner anew for Matigsalug project
19-Mar 2017 | Philippine Daily Inquirer – Sunday Biz
AboitizPower subsidiary Therma South, Inc. (TSI), in partnership with the Aboitiz Foundation, has tied up with the Department of Trade and Industry (DTI) Region 11 to implement a comprehensive crafts livelihood project for members of the Matigsalug tribe in Marilog, Davao City.Matigsalug tribe in Marilog, Davao City. Read More
BUSINESS AND ACADEME PARTNERSHIP
19-Mar 2017 | Amianan Balita Ngayon – News
Hedcor continues to partner with universities in the North to provide industry experience to future professionals. Read More
A bigger dream for “Pangarap”
19-Mar 2017 | Edge Davao – Environment
Last February 23, the eagle bred in captivity turned 18. Thanks to the Aboitiz Power Corporation, the holding company for the Aboitiz Groups investments in power generation, distribution, and retail electricity services, which adopted the eagle since 2010. Read More
AboitizPower conducts respiratory health forum
18-Mar 2017 | Mindanao Times Online
IN ITS continuous mission to promote a safe and healthy environment around its host communities, AboitizPower subsidiary Therma South, Inc. (TSI) and Aboitiz Foundation, Inc. (AFI) in partnership with the Davao City Health Office and the barangay councils of Binugao and Sirawan in Davao City conducted a series of respiratory health symposia in Barangay Binugao and Barangay Sirawan last February 28. Read More
DAVAO Light’s EVP…
17-Mar 2017 | Sun Star Davao – Billboard
DAVAO Light’s EVP and COO Engr. Rodger S. Velasco (fourth from left) hands over the check to House of Hope Program Director Dr. Mae Concepcion Dolendo (center) during the Night of Hope Dinner for a Cause last March 10, 2017 at the Waterfront Insular Hotel in Lanang, Davao City. Also in photo are the Davao Light team leaders and some employees, the… Read More
Tesda cites DLPC
16-Mar 2017 | Sun Star Davao – Oncampus
DAVAO Light and Power Co., Inc received a Plaque of Recognition last March 8. 2017 during the 12th Founding Anniversary of the Tesda Region 11. Read More
Aboitiz, DTI partner anew for Matigsalug livelihood project
16-Mar 2017 | Mindanao Times – Business
ABOITIZPOWER subsidiary Therma South, Inc. (TSI) in partnership with Aboitiz Foundation, Inc. (AFI), has tied up with the Department of Trade and Industry (DTI) 11 to implement a comprehensive crafts livelihood project for members of the Matigsalug tribe in Marilog, Davao City. Read More
Aboitiz, DTI partners anew for Matigsalug livelihood project
16-Mar 2017 | Mindanao Daily Mirror – Special Supplement
AboitizPower subsidiary Therma South, Inc. (TSI) in partnership with Aboitiz Foundation, Inc. (AFI), has tied up with the Department of Trade and Industry (DTI) 11 to implement a comprehensive crafts livelihood project for members of the Matigsalug tribe in Marilog Davao City. Read More
Aboitiz, DTI partner anew for Matigsalug livelihood project
16-Mar 2017 | Zamboanga Times – News
AboitizPower subsidiary Therma South Inc. (TSI) in partnership with Aboitiz Foundation, Inc. (AFI), as tied up with the Department of Trade and Industry (DTI) 11 to implement a comprehensive crafts livelihood project for member of the Matigsalug tribe in Marilog Davao City. Read More
Power firm, DTI partner anew for Matigsalug livelihood project
16-Mar 2017 | Gold Star Daily – Money Matters
THE AboitizPower subsidiary Therma South, Inc. (TSI) in partnership with Aboitiz Foundation, Inc. (AFI) has tied up with the Department of Trade and Industry (DTI) 11 to implement a comprehensive crafts livelihood project for members of the Matigsalug tribe in Marilog, Davao City. Read More
DAVAO LIGHT GIVES HOPE THROUGH FINANCIAL ASSISTANCE TO HOUSE OF HOPE FOUNDATION.
16-Mar 2017 | Mindanao Daily News – Second Front
Davao Light and Power Co. Inc. in partnership with the Aboitiz Foundation Inc. Read More
Government, private sector boost law enforcement in Tanon Strait
16-Mar 2017 | The Daily Guardian – Business
FOR nearly two decades since it was declared a protected area, Aboitiz Power Corporation, through subsidiary Therma Visayas, Inc., donated last Dec. 22 two patrol boats to DENR and PAMB in the hope of changing the situation. Read More
PBSR Davao Light turn over Panasonic Solar Lanterns to off-grid public schools
16-Mar 2017 | Edge Davao – Competitive Edge
THE Philippine Business for Social Progress (PBSP) in partnership with Davao Light and Power Co., Inc. turned over 86 Panasonic Solar Lanterns to the Department of Education XI last March 9, 2017 for the five off-grid public schools. Read More
PBSP and Davao Light turn over Panasonic Solar Lanterns to off-grid public schools
16-Mar 2017 | Mindanao Daily Mirror – Special Supplement
The Philippine Business for Social Progress (PBSP) in partnership with Davao Light and Power Co., Inc. turned over 86 Panasonic Solar Lanterns to the Department of Education 11 last March 9 off the five off-grid public schools. Read More
Aboitiz, DTI partner anew for Matigsalug livelihood
16-Mar 2017 | Sun Star Davao – Billboard
ABOITIZPOWER subsidiary Therma South, Inc. (TSI) in partnership with Aboitiz Foundation, Inc. (AFI), had tied up with the Department of Trade and Industry (DTI) 11 to implement a comprehensive crafts livelihood project for members of the Matigsalug tribe in Marilog, Davao City. Read More
TOP SUKAD SA ELEMENTARY
14-Mar 2017 | Super Balita – Super Bilib
Dihang ni-graduate siya sa high school niadtong 2011, gidasig siya sa assistant school principal sa CIT-U nga mo-apply og scholarship program sa Visayan Electric Company (Veco). Read More
AboitizPower 2016 net income up 14% year-on-year
14-Mar 2017 | Panay News – Corporate
Aboitiz Power Corporation (AboitizPower) reported a 14% increase in income performance for the full year 2016 to P20 billion from P17.6 billion in 2015. Read More
IN PHOTO ARE DAVAO LIGHT’S
14-Mar 2017 | Mindanao Daily Mirror – Regional
Community Relations (ComRel) Manager Fermin Edition (third from left), Davao Light ComRel Specialist Joyce Dyan Fulgencio (third from right), Center Director of TESDA Regional Training Center-KorPhil Egmedio O. Valdez (center) and the volunteers from Korea International Cooperation Agency (KOICA). Read More
5 regional airport PPP deals attract more honchos
13-Mar 2017 | Rappler
If they push through with the bidding, AC Infrastructure Holdings Corporation and Asia’s Emerging Dragon will battle with a consortia led by Metro Pacific Investments Corporation (MPIC), Aboitiz InfraCapital Incorporated, San Miguel Holdings Corporation, Filinvest Development Corporation, and Megawide Construction Corporation. Read More
Kay dili gayud babag ang kawad-on
13-Mar 2017 | Banat News – Tingusbawan
Kasagaran nga mga batan-on karon lahi na og panglataw sa kinabuhi-nausab na gumikan sa inpluwensiya sa social media ug sa gitawag nato nga globalisasyon,gibutyag ni Alfredo nga gisultian siya sa ilahang high school principal nga adunay scholarship nga itanyag ang Visayan Electric Company (VECO) ngadyo sa mga estudyanteng buot moeskwela sa kolehiyo. Read More
DAVAO LIGHT RECEIVES PLAQUE OF RECOGNITION FROM TESDA-XI.
13-Mar 2017 | Mindanao Daily News – Second Frontpage
DAVAO LIGHT RECEIVES PLAQUE OF RECOGNITION FROM TESDA-XI. Davao Light and Power Co., Inc received a Plaque of recognition last March 8, 2017 during the 12th Founding Anniversary of the TESDA Region XI. Read More
Schools receive solar lanterns
12-Mar 2017 | Sun Star Davao – Topstories
MORE than a thousand students from five different schools in remote barangays in Davao City benefited from the solar lanterns donated by Panasonic in partnership with Davao Light and Power Company (DLPC) and the Philippine Business for Social Progress (PBSP). Read More
Schools receive solar lanterns
11-Mar 2017 | Sun Star Davao Online – Local News
MORE than a thousand students from five different schools in remote barangays in Davao City benefited from the solar lanterns donated by Panasonic in partnership with Davao Light and Power Company (DLPC) and the Philippine Business for Social Progress (PBSP). A total of 86 solar lamps were donated… Read More
AboitizPower’s adopted Philippine eagle turns 18
10-Mar 2017 | Mindanao Times Online – Community
PANGARAP, the female Philippine eagle adopted by Aboitiz Power Corporation (AboitizPower) celebrated her 18th hatchday anniversary on February 23, 2017. AboitizPower has been supporting Philippine Eagle Foundation’s (PEF) biodiversity conservation program since 2010 by adopting Pangarap. Hatched… Read More
AboitizPower conducts respiratory health forum
10-Mar 2017 | Mindanao Times Online
IN ITS continuous mission to promote a safe and healthy environment around its host communities, AboitizPower subsidiary Therma South, Inc. (TSI) and Aboitiz Foundation, Inc. (AFI) in partnership with the Davao City Health Office and the barangay councils of Binugao and Sirawan in Davao City conducted a series of respiratory health symposia in Barangay Binugao and Barangay Sirawan last February 28. Read More
Davao Light rescues two Pawikans and releases back to the sea safely
05-Mar 2017 | Mindanao Times – Community
THE CLEANERGY Park, a biodiversity park, is a project of Davao Light and Power Co. and the Aboitiz Foundation, located in Sitio Punta Dumalag, Matina Aplaya Davao City continues to be a home to various wildlife. Read More
60 minors receive “love”
05-Mar 2017 | The Freeman – Community
The Visayan Electric Co., Inc. (VECO) made Valentine’s Day more special for around 60 minors who are taking shelter at the DSWD Home for the Girls in Labangon, Cebu City with a Spread The Love post Valentine activity last February 18. Read More
VECO Kaibigans mibisita sa DSWD Home for Girls
05-Mar 2017 | Banat News – Komunidad
Nahimong mas halandumo ang Valentine’s Day para sa 60 ka residente sa DSWD Home for the Gils sa Barangay Labangon tungod sa pagpahigayon og usa ka post=Valentine activity sa Visayan Electric Company, In. (VECO) niadtong miaging Pebrero 18. Read More
Veco spreads love at DSWD Home for Girls
03-Mar 2017 | Sun Star Cebu – Neighborhood
The Visayan Electric Co. Inc. (Veco) made Valentine’s Day more special for at least 60 minors in DSWD Home for the Girls in Labangon, Cebu City. Read More
Aboitiz, Mindanao electric co-ops distribute 4,000 relief packs to flood victims
17-Feb 2017 |Business Mirror
MORE than 3,800 families in Agusan del Sur and North Cotabato affected by flooding in January received relief packages from AboitizPower and the Aboitiz Foundation in partnership with Agusan del Sur Electric Cooperative (Aselco) and Cotabato Electric Cooperative (Cotelco-PPalma). Read More
Aboitiz, Mindanao electric cooperatives distribute 4000 relief packs to flood victims
15-Feb 2017 | Kagay-an – News
DRIVEN TO SERVE. Aboitiz employees and local volunteers loading gallons of potable water on a bangka during the relief packs distribution in North Cotabato on February 4, 2017 to be delivered to the affected communities . MORE than 3,800 families in Agusan del Sur and North Cotabato who were… Read More
DLPC turns over electrical laboratory to Paquibato National High School
26-Jan 2017 | Mindanao Times – Community
DAVAO Light and Power Company in partnership with the Aboitiz Foundation Inc. officially turned over an electrical laboratory (e.Lab) to Paquibato National High School on January 20,2017 in Paquibato, Davao City. Read More
Davao Light turns over electrical laboratory to Paquibato National High School
26-Jan 2017 | Mindanao Daily Mirror – People, Events & Products
Davao- Light and Power Company in partnership with the Aboitiz Foundation Inc. officially turned over an electrical laboratory (e.Lab) to Paquibato National High School on January 20 in Paquibato, Davao City. Read More
Hedcor Bukidnon bares supply contracts with six power co-ops
17-Jan 2017 | BusinessMirror – Companies p B-1
DAVAO CITY—The Zamboanga del Norte Electric Cooperative (Zaneco) has entered into a second supply contract deal with Hedcor Bukidnon, which will operate the 68.8-m egawatt (MW) hydroelectric power plant under construction. Read More
SNAP hands out ‘care packs’ to school kids
17-Jan 2017 | The Standard – LGUs p C-2
RAMON, Isabela—Hydropower firm SN Aboitiz Power Group recently distributed Christmas gifts to elementary school students in communities in Benguet, Isabela, and Ifugao, which host their projects. Read More
SNAP hands out ‘care packs’ to school kids
17-Jan 2017 | The Standard Online – News
RAMON, Isabela–Hydropower firm SN Aboitiz Power Group recently distributed Christmas gifts to elementary school students in communities in Benguet, Isabela, and Ifugao, which host their projects. SNAP Group is a joint venture between SN Power and Aboitiz Power. It owns and operates the… Read More
ABOITIZ BACKS CEBU AGRI-VOC PROJECT
11-Jan 2017 | Sun Star Cebu – Neighborhood
Forty-three senior high school students of Sinsin National High School in Cebu City will soon reap the benefits of having a technical-vocational program following the turnover of an agri-vocational project to support DepEds K+12 initiative. Read More
Aboitiz extends food aid to Typhoon Nina victims
10-Jan 2017 | Cebu Daily News – Community p 12
A total of 14,285 individuals affected by Typhoon Nina in Bicol, Calabarzon (Cavite, Laguna, Batangas, Rizal and Quezon), and Mimaropa (Mindoro , Marinduque, Romblon and Palawan) are expected to benefit from the high energy biscuits recently donated by the Aboitiz Group. Read More
ABOITIZ POWER DONATES 50 MORE COMPUTER UNITS TO PUBLIC SCHOOLS IN MINDANAO
09-Jan 2017 | Business Mirror
DAVAO ORIENTAL— One of the pioneering Christian-Muslim public schools in Davao Oriental is among the recipients of 50 brand-new computer sets recently donated by Mindanao electric cooperatives in partnership with Aboitiz Power Corp. and the Aboitiz Foundation. Read More
2 Aboitiz coal plants pass international audit
07-Jan 2017 | Manila Bulletin Online – Business
Two of the coal-fired power facilities under the charge of Aboitiz Power Corporation had passed international surveillance audit undertaken by a third party, thereby, affirming their compliance to systems processes and service standards. The plants recently audited by TÜV… Read More
Power firm donates medical, dental equipment to Ermita
05-Jan 2017 | Cebu Daily News – Community p 12
The Cebu Private Power Corporation (CPPC) donated almost half a million pesos worth of medical and dental equipment to officials and health workers of Barangay Ermita, Cebu City, last November 22. CPPC is a joint venture of Aboitiz Power Corporation and Vivant Corporation. Read More
AboitizPower donates to schools in Mindanao
04-Jan 2017 | BusinessWorld – Bulletins
ONE OF the pioneering Christian-Muslim public schools in Davao Oriental is among the recipients of 50 brand-new computer sets recently donated by Mindanao electric cooperatives in partnership with Aboitiz Power Corp. and the Aboitiz Foundation. Read More
AboitizPower donates to schools in Mindanao
04-Jan 2017 | BusinessWorld
ONE OF the pioneering Christian-Muslim public schools in Davao Oriental is among the recipients of 50 brand-new computer sets recently donated by Mindanao electric cooperatives in partnership with Aboitiz Power Corp. and the Aboitiz Foundation. Read More
Veco’s Pasko sa Kabataan serves 100
04-Jan 2017 | Sun Star Cebu – Neighborhood p A-22
AS part of its corporate social responsibility initiatives, the Visayan Electric Co. (Veco) celebrated Pasko sa Kabataan last Dec. 10 at the Veco Cansaga playground under the New Cansaga Bridge, Consolacion, Cebu. Read More
Aboitiz extends aid to typhoon victims
04-Jan 2017 | The Freeman – Corporate Roundup p 19
The Aboitiz Group, through its corporate foundation Aboitiz Foundation and AboitizPower geothermal unit A P Renewables, Inc. (APRI), has allotted P I.8 million to supply much-needed relief items to families in Tiwi, Albay affected by Typhoon Nina over the holiday season. Read More
ABOITIZ AIDS 4,740 TYPHOON NINA -STRICKEN FAMILIES
04-Jan 2017 | Mindanao Daily Mirror – Business p 6
Over the holiday season, the Aboltiz Group mobilized its business units in Albay, Mindoro, and Batangas and sent much-needed relief items to families affected by Typhoon Nina, with AP Renewables-Tiwi leading with a pledge of P I.8 million In canned goods, rice, water, and The Care Package high-energy biscuits In Tiwi, Albay. In addition,… Read More
Aboitiz brings yuletide cheer to over 4,000 Typhoon Nina-stricken families
04-Jan 2017 | Zamboanga Times – News p 8
The Aboitiz Group, through its corporate foundation Aboitiz Foundation and AboitizPower geothermal unit AP Renewables, Inc. (APRI), has allotted PI.8 million to supply much-needed relief items to families in Tiwi, Albay affected by Typhoon Nina over the holiday season. Read More
SNAP-Magat donates boats to fisherfolk organizations
03-Jan 2017 |BusinessWorld
SN ABOITIZ Power-Magat, Inc. turned over 15 fiberglass boats to fisherfolk organizations in Isabela, Ifugao and Nueva Vizcaya to promote sustainable livelihood. Read More
COMPUTER DONATION
03-Jan 2017 | The Standard – Business p B-2
Mindanao electric cooperatives in partnership with Aboitiz Power Corp. and Aboitiz Foundation donated 20 brand-new computer sets to public schools in Mindanao. Read More
HOLIDAY ASSISTANCE
02-Jan 2017 | The Standard – Business
The Aboitiz Group mobilized its business units in Albay, Mindoro and Batangas over the holiday season and sent much-needed relief items to families affected by typhoon Nina, with AP Renewables-Tiwi leading with a pledge of P1.8 million in canned goods, rice, water and The Care Package high-energy biscuits in Tiwi, Albay. Read More
Hedcor adopts Talomo River
02-Jan 2017 | Sun Star Davao Online – Business
DAVAO. For many years now, Hedcor has been planting trees along the Talomo River, conducting regular clean-up drive, and continuing the information education campaigns in the community. (Contributed Photo) ABOITIZ Power’s Hedcor, which operates a run-of-river hydropower generating facility, has… Read More
Aboitiz migahin’g P1.8 M
02-Jan 2017 | Sun Star Superbalita Cebu Online – Kalingawan
Hinabang. Ang Aboitiz Group mipalihok sa mga business unit niini sa Albay, Mindoro ug Batangas aron pag-apudapod sa relief items ngadto sa 4,740 ka mga pamilya nga apektado sa bagyong Nina. Ang Aboitiz Power Distribution Utilities, apil ang duha ka teams gikan sa Visayan Electric Company, miabag… Read More
2016 CSR Timeline & Milestones
Aboitiz employees bring joy to 500 indigent kids
22-Dec 2016 | The Freeman – Community
Aboitiz team members recently shared their time and delivered Christmas cheer and goodies to 500 indigent children from Aboitiz host communities in Cebu and Manila as part of the Aboitiz Group’s annual Christmas Outreach. Read More
SNAP-MAGAT DONATES ECO-FRIENDLY BOATS TO FISHERFOLK ORGANIZATIONS
22-Dec 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
Davao Light helps energize Samal Island
21-Dec 2016 | Manila Bulletin
Davao City – Distribution utility Davao Light and Power Company (Davao Light) recently energized the submarine cable connecting Samal Island to mainland Davao in time for the Christmas celebration and ensured more reliable power supply to the popular tourist destination. 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
10-Dec 2016 | Zamboanga Times – News
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
05-Dec 2016 | The Freeman – Corporate Roundup
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
05-Dec 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 …
05-Dec 2016 | Mindanao Times – Business
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
20-Nov 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
09-Nov 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
09-Nov 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
09-Nov 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
06-Nov 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’
04-Nov 2016 | Aboitiz BetterWorld
Power corp. gives P300,000 aid to Toril fisherfolks
29-Oct 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
29-Oct 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
29-Oct 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
27-Oct 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
27-Oct 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
27-Oct 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
27-Oct 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
05-Oct 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
05-Oct 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.
29-Sept 2016 | The Freeman – Community
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
29 Sept 2016 | Sun Star Davao – Topstories
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
29-Sept 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
13-Jul 2016 | Sun Star Cebu – Neighborhood
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
11-Jul 2016 | Manila Bulletin
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
04-Jul 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
04-Jul 2016 | Mindanao Daily News – News
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
03-Jun 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
30-May 2016 | Better Solutions
VECO SUPPORTS BRIGADA ESKWELA
20-May 2016 | Cebu Daily News – Community
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
13-May 2016 | Better Solutions
ABOITIZ-DONATED AGAPP CLASSROOMS TOTAL 246 IN THE PAST 6 YEARS
04-May 2016 | Sun Star Cagayan – Billboard
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
13-Apr 2016 | Sun Star Davao – Billboard
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. Read More
ADDITIONAL CLASSROOMS TO BENEFIT INAWAYAN PUPILS
10-Apr 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
06-Apr 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
21-Mar 2016 | Better Solutions
RESCUED SEA TURTLE RECUPERATING IN DAVAO NATURE PARK
26-Mar 2016 | Manila Bulletin Online – News
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
22-Mar 2016 | Forbes
SMILE KIDS VISIT THE ABOITIZ CLEANERGY PARK
21-Mar 2016 | Aboitiz BetterWorld
3 IFUGAO SCHOOLS GET ICT EQUIPMENTMarch 20, 2016
Baguio Midland Courier – Region p 10
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
18-Mar 2016 | Aboitiz BetterWorld
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
17-Mar 2016 | Panay News Online – Locale
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
11-Mar 2016 | AboitizPower Better Solutions Post Card
SN ABOITIZ GIVES NEW FIRE TRUCK TO NUEVA VIZCAYA
08-Feb | 2016 | news.pia.gov.ph
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. Read More
ABOITIZ BARES CAMPAIGN TO PRESERVE PAWIKAN
08-Feb 2016 | BusinessWorld-Page 8 -S2-10
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
05-Feb 2016 | Malaya Business Insight – Corporate Social Responsibility p A-4
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
03-Feb 2016 | Aboitiz BetterWorld
GFR 2016 GETS THUMBS UP FROM UK-BASED FASHION REVOLUTION
28-Jan 2016 | Aboitiz BetterWorld
ABOITIZ-SUPPORTED SCHOLARS RECEIVE RECOGNITION FOR EXCELLENCE
13-Jan 2016 | Rappler.com
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
10-Jan 2016 | Manila Bulletin – Mindanao News
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
30-Dec 2015 | Aboitiz BetterWorld
POWER UTILITY INSTALLS SOLAR-CHARGING STATION TO BENEFIT LUMAD BARANGAY IN DAVAO CITY
31-Dec 2015 | BusinessMirror – Companies
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
23-Dec | Sun Star Cebu – Neighborhood
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
23-Dec 2015 | Sun Star Davao – Billboard
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
23-Dec 2015 | Sun Star Davao – Business
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
23-Dec 2015 | Mindanao Times – Business
THE ABOITIZ Group has earmarked a total of P2 million for relief efforts in Oriental Mindoro.
RELIEF ASSISTANCE
21-Dec 2015 | The Standard – Business
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
21-Dec 2015 | Philippine Star, Page A-29 Section: The Good News
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
21-Dec 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
15-Dec 2015 | Edge Davao, News 4
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
08-Dec 2015 | Philippine Daily Inquirer , Page: E-4 Section: Learning
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
23-Nov 2015 | Philippine Star, Page: C-3 Section: Business
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
20-Nov 2015 | Malaya, Page: A-11 Section: Corporate Social Responsibility
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
13-Nov 2015 | BusinessWorld, Page: S4-4 Section: Bulletins
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
08-Nov 2015 | Philippine Daily Inquirer, Page: I-4 Section: People, Events & Products
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
06-Nov 2015 | Malaya, Page: A-10 Section: Business
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
29-Oct 2015 | Mindanao Times, Page: 8 Section: Business
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
28-Oct 2015 | Edge Davao, Page: 11 Section: Competitive Edge
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
28-Nov 2015 | Sun.Star Cebu, Page: A19 Section: Neighborhood
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
27-Nov 2015 | Mindanao Daily Mirror, Page: 4,15 Section: Region
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
27-Nov 2015 | Philippine Star, Page: B-3 Section: Business
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
26-Nov 2015 | Business Mirror, Page: E-2 Section: Education
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
26-Nov 2015 | Business Mirror, Page: A-6 Section: Tourism
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
06-Nov 2015 | Aboitiz BetterWorld
Aboitiz Foundation builds over 200 AGAPP classrooms to date
23-Oct 2015 | Malaya, Page: A-10 Section: Business
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
15-Oct 2015 | Philippine Star, Page: A-19 Section: Education
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
15-Oct 2015 | Manila Standard Today, Page: B-5 Section: Business
Aboitiz Foundation turns over 40 kindergarten classrooms to Aklat, Gabay, Aruga Tungo sa Pag-angat at Pag-asa Foundation.
GREEN Fashion Revolution 2015
02-Oct 2015 | The Freeman, Page: 22 Section: Lifestyle
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
01-Sept 2015 | BusinessWeek MindanaoWriter: Page: Section: News
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
01-Sept 2015 | Edge DavaoWriter: Page: 14 Section: Community
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
28-Sep 2015 | Philippine Daily Inquirer
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
24-Aug 2015 | Manila Times Online, Writer: Page: Section: News
“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
23-Aug 2015 | Manila Bulletin
The new classrooms were built under the auspices of the Aboitiz Foundation. Inc., in full support of Agusan del Sur Electric Cooperative.
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.