Sustainability at AboitizPower

In support of the triple bottom line, the Aboitiz Group, which includes AboitizPower, identified focus areas where it could make the biggest difference with the intent of establishing measurable objectives, defining and setting achievable targets, and tracking them year on year.

The Group promotes inclusive growth by enriching people’s lives, especially in communities where its businesses operate, as part of its mission of creating long-term value for all its stakeholders. Balancing growth with a strong social component and healthy environmental practices are key elements to building a sustainable business in the Philippines that will last for generations. 

  • People

    People are our most important priority. Aboitiz has made it a point to implement fair and beneficial business practices in the Philippines that are in line with the UN Sustainable Development Goals. These practices are directed to the organization’s team members, customers, communities, and society. 

  • Planet

    The Aboitiz Group remains consistent with its campaign toward A Better World through its environmental programs and initiatives. We observe year-round compliance with mandatory requirements. This ensures that the company, with its full operations, does not negatively impact the environment and promotes sustainability in the energy sector. 

  • Profit

    The Aboitiz Group adheres to fair business practices that align both majority and minority interests in growing profitably. This has guided the company for generations and propelled it to become one of the best-managed companies in the region, enjoying a high level of trust and confidence from its stakeholders. 

Our strategic directions are geared towards ensuring that sustainability remains at the core of AboitizPower. We are committed to sustainable business operations, guided by our strong environmental, social, and governance standards and practices. Over the next decade, we are set to conquer bolder targets to better serve our customers and communities. We are looking to increase our generation portfolio to 9,200 MW by 2030, of which 50% or 4,600 MW will be sourced from more environmentally sustainable energy sources.

Today, AboitizPower together with our partners is the Philippines’ largest owner and operator of renewable energy based on installed capacity. The exponential growth of our Cleanergy portfolio in the next 10 years will reinforce our contribution to the country’s renewable energy aspirations, as well as to global sustainability goals.

Emmanuel V. Rubio

President and CEO, AboitizPower 

Our Sustainability Initiatives

AboitizPower’s operations champions ethical practices and sustainability in the Philippines – anchoring our practices on the tenets of ESG leadership: accountability, transparency, and fairness. Every stakeholder, from shareholder, partner community, to employee, will benefit from our sustainability initiatives.

We’re passionate about empowering a nation, nurturing our employees, and protecting the environment. Discover more about AboitizPower’s initiatives and how they are the product of our ESG leadership practices in the Philippines.

  • Social

    Social

    Our commitment to nurturing the welfare of our members and the community shows our dedication as a partner to people.

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  • Governance

    Governance

    Our corporate transparency and quality assurance of business output uphold our integrity as a partner in good governance.

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  • Corporate Social Responsibility

    Communities

    Empowering the hopes and dreams of the nation’s people through our projects is what drives us to be an unwavering partner to the community.

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Sustainability at a Glance (2022)

  • ₱ 193.99 billion

    Revenue

    2021: ₱ 134.36 billion

  • 1248.27 MW

    Total Renewable Capacity

    2021: 1,248.27 MW

  • 3425

    Total Number of Employees

    2021: 3,049

  • 29.64 %

    Percentage of Women in Workforce

    2021: 29.03%

  • 1 million m³

    Total Water Consumption

    2021: 0.85 million m³

  • 50630 tons

    Total Waste Generated

    2021: 47,688 tons

    **See Environmental Initiatives page for the waste generated transparency

  • 1

    Total Fatality

    2021: 2

  • 0.35

    Total LTIFR

    2021: 0.21

  • 0.57

    Total TRIR

    2021: 0.48

The Aboitiz Group uses the integrated format for the corporate report and consolidation of Aboitiz Equity Ventures, Inc., Aboitiz Power Corporation, and Aboitiz Group Sustainability. It is a format that underscores our commitment to the holistic and transparent reporting of our business performance and its overall impact on our stakeholders and society.

The report documents the Aboitiz Group’s initiatives and activities for people, the planet, and profit, anchored on our Group purpose and the brand promise of “transforming energy for a better world.”

We have made progress in various focus areas such as team member engagement and development, corporate social responsibility, customer focus, disaster resilience, carbon emissions reduction, resource efficiency, renewable energy, waste management, financial growth, and financial returns.

Through the years, the company has communicated its commitment and initiatives on corporate governance and sustainability to engage team members and external stakeholders.

View the 2022 Aboitiz Integrated Report

Our presence in ESG Ratings and Indices

ESG Ratings are the independent assessments conducted at AboitizPower based on different ESG criteria and frameworks. This helps us objectively measure the company’s sustainability performance and serves as one of the inputs to the continuous improvement of our operations.

S&P Global Corporate Sustainability Assessment

S&P Global has assessed Aboitiz Power Corporation through the Corporate Sustainability Assessment (CSA) which incorporates a hundred points of analysis linked to sustainability, ranging from economic and governance to environmental and social data points. S&P Global Corporate Sustainability Assessment (CSA) is an annual evaluation of companies’ sustainability practices that focuses on sustainability criteria that are both industry-specific and financially material.

 
 

Sustainalytics

Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks. This multi-dimensional way of measuring ESG risk combines the concepts of management and exposure to arrive at an absolute assessment of ESG risk which is measured in five levels - Negligible, Low, Medium, High, and Severe risk.

At AboitizPower, we are always guided by our purpose of transforming energy for a better world in everything that we do. 
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Our Sustainability Policy

We can do well by always doing good and making the right long-term decisions that balance the interests of people, planet, and profit.

We are guided by the following principles:

  • Stakeholders must be treated with fairness.
  • Corporate Social Responsibility is an integral part of doing business.
  • Decisions are made with the highest regard for their long-term impact.
  • We safeguard our core values of integrity, teamwork, innovation, responsibility, and service excellence.

We make decisions based on our objectives to:

  • Partner with communities in promoting inclusive growth.
  • Provide a commercially sustainable customer experience.
  • Attract, retain, and empower A-People.
  • Build, protect, and enhance our reputation.
  • Minimize our environmental impact.
  • Enhance the overall long-term effectiveness of the organization.
  • Grow profitably.

We are committed to making Aboitiz a truly sustainable enterprise that we can entrust to future generations. We can do well by doing good, by always making the right long-term decisions that balance the interests of people, planet, and profit.

Stories on Sustainability

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