Environmental Initiatives
Our growing renewable energy assets reflect our commitment as a partner to the environment.
The Aboitiz Group’s, and by extension, AboitizPower’s, adherence to sustainable business practices and social responsibility is key to its success over the past 100 years. Today, AboitizPower’s ESG strategy addresses balancing business growth with sustainability initiatives. It does so by accounting for the impact of its activities on people, the planet, and prosperity, with a view to their long-term implications. In replicating this success for future generations, AboitizPower intends to strengthen its ESG standards and practices by reinforcing its core purpose and leveraging emerging technologies and innovations. This is amidst the country’s continued growth and transition to a decarbonized economy.
People are our most important priority. The Aboitiz Group has made it a point to implement fair and beneficial business practices in the Philippines that align with the UN Sustainable Development Goals. These practices are directed to the organization’s team members, customers, communities, and society.
Through its environmental programs and initiatives, the Aboitiz Group remains consistent with its campaign toward A Better World. We observe year-round compliance with mandatory requirements. This ensures that the company's full operations do not negatively impact the environment and promotes sustainability in the energy sector.
AboitizPower adheres to fair business practices that align the interests of both the majority and the minority in pursuing profitable growth. This has guided the company for generations and propelled it to become one of the best-managed companies in the region, earning the trust and confidence of its stakeholders.
[GRI 3-1, 3-2, 3-3 (2021)] In 2023, we continued our commitment to our sustainability journey and our stakeholders by undertaking a materiality assessment. Materiality assessment is an essential process for identifying, prioritizing, and reporting on environmental, social, and governance (ESG) issues that are significant and have an impact (positive or negative) on our company and stakeholders in the short and long term. This assessment will guide us to develop our ESG and broader business strategy, reporting, and decision-making processes.
Process to determine material topics:
At the outset, the organization defines the scope, objectives, and methodology of the materiality assessment. This includes determining the scope of the operation, the stakeholders to be considered, the timeframe, and the sustainability dimensions (environmental, social, and governance) to be assessed.
This includes identifying Material Issues through a desktop review of sustainability frameworks and standards (e.g., GRI, SASB, CDP, TCFD) and gathering insights from sources such as industry reports, peer reviews, regulatory landscapes, and stakeholder expectations.
Stakeholder engagement is crucial for a holistic assessment. Interviews, surveys, and focus groups are conducted with internal and external stakeholders, including employees, customers, suppliers, investors, local communities, and regulators. This step aims to gather qualitative insights and perspectives on the importance and impact of various issues. This activity aims to gather deeper insights into the company's priority topics and expectations.
This involves mapping the identified issues against their potential impact on the organization and its stakeholders. Impact mapping helps visualize each issue's influence on business operations and stakeholder well-being, thus providing a clearer picture of where significant impacts might occur.
Issues are categorized based on common themes or sustainability dimensions (e.g., environmental impact and social practices). Categorization helps organize issues into manageable groups for better analysis and action planning.
The categorized issues are then prioritized based on criteria such as severity of impact, stakeholder concern, business implications, and the ability to influence the problem. Prioritization helps identify which issues are material and should be addressed within the organization’s sustainability strategy.
The final step involves validating the materiality assessment results with key stakeholders. This could include discussions with senior management, stakeholder feedback sessions, or third-party expert reviews. Validation ensures the findings are accurate, credible, and aligned with business objectives and stakeholder expectations.
Information as of December 31, 2025 unless stated otherwise1.
Revenues
2024: ₱197 billion
2023: ₱207 billion
Attributable Renewable Capacity
2024: 1,150 MW
2023: 928 MW
Total Number of Employees
2024: 3,927
2023: 3,681
Shareholder Earnings
2024: ₱33.9 billion
2023: ₱33.1 billion
Energy Generated
2024: 28,623 GWh
2023: 23,437 GWh
Percentage of Women in Workforce
2024: 32.7%
2023: 31%
EBITDA
2024: ₱71.7 million
2023: ₱67.9 million
Total Waste Generated
2024: 100,405 tons
2023: 62,799 tons
Total LTIFR
2023: 0.42
2022: 0.35
CSR Contribution
2024: ₱235 million
2023: ₱235 million
Total Water Consumption
2024³: 670 million m3
2023³: 7.7 million m3
Total TRIR
2023: 0.67
2022: 0.57
Employees informed of anti-corruption policies
2024: 100%
Trees planted
2024: 308,043
2023: 353,975
Total Fatality
2024: 3
2023: 0
Employees disciplined/dismissed for corruption
2024: 0
2023: 0
Energy Consumption
2024: 828,552 Mwh
2023: 791,408 Mwh
No. of legal actions or employee grievances involving forced or child labor
2024: 0
Environmental Penalties² Incurred
2024: 0
2023: 0
GHG Intensity (generation)
2024: 0.474
2023: 0.481
GHG Intensity (distribution)
2024: 0.059
2023: 0.059
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 holistic, 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, including 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.
Over the years, the company has communicated its commitment to and initiatives in corporate governance and sustainability to engage team members and external stakeholders.
ESG Ratings are independent assessments conducted at AboitizPower based on different ESG criteria and frameworks. They help us objectively measure the company’s sustainability performance and serve as one input to continuously improving our operations.
S&P Global has assessed Aboitiz Power Corporation through the Corporate Sustainability Assessment (CSA), which comprises 100 sustainability analysis points across economic, governance, environmental, and social areas. The S&P Global Corporate Sustainability Assessment (CSA) is an annual evaluation of companies’ sustainability practices, focusing on sustainability criteria that are both industry-specific and financially material.
FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Aboitiz Power Corporation has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social, and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products. Learn more about the FTSE4Good Index here.
We can do well by always doing good and making the right long-term decisions that balance the interests of people, planet, and profit.
The following principles guide us:
We make decisions based on our objectives to:
We are committed to making Aboitiz a sustainable enterprise that we can entrust to future generations. We can do well by doing good, always making the right long-term decisions that balance the interests of people, planet, and profit.
We recognize the critical importance of aligning our pillars with the United Nations’ Sustainable Development Goals (UN SDGs) to identify where our actions can meaningfully impact global sustainability outcomes. AboitizPower has identified SDGs 7 (Clean and Affordable Energy), 8 (Decent Work and Economic Growth), and 12 (Responsible Consumption and Production) as our priority SDGs, where we create the greatest impact.
Our key initiatives on those SDGs are as follows:
| UN SDGs | UN SDG Target | Key Initiatives |
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Additionally, AboitizPower ensures that its ESG initiatives help achieve balance across the three pillars of sustainability, thereby contributing, directly or indirectly, to other SDGs.
AboitizPower champions ethical practices and sustainability in the Philippines, anchoring our practices on the tenets of ESG leadership: accountability, transparency, and fairness. Our sustainability initiatives will benefit every stakeholder, including shareholders, partner communities, and employees.
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.
Our growing renewable energy assets reflect our commitment as a partner to the environment.
Our commitment to nurturing the welfare of our members and the community shows our dedication as a partner to people.
Our corporate transparency and quality assurance of business output uphold our integrity as a partner in good governance.
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.
Aboitiz Power Corporation (AboitizPower) received its fourth Golden Arrow Award in a row, improving to a 4-arrow recognition after scoring 105.52 out of 130 in the 2024 ASEAN Corporate Governance Scorecard (ACGS). The assessment measures a publicly-listed company’s performance with respect to the rights and equitable treatment of shareholders, sustainability and resilience, disclosure and transparency, and board responsibility.
Aboitiz Renewables, Inc., through its geothermal arm AP Renewables Inc., was given the prestigious ASEAN Occupational Safety and Health Award, making it the only Philippine organization recognized this year.
AboitizPower was recognized as a sustainability champion by publishing company The Manila Times. The criteria for selection considered initiative, impact, inclusiveness, and integration of “environmental, social and governance initiatives and circular economy efforts”, as well as compliance with the United Nations Sustainable Development Goals or UN SDGs.