The Aboitiz Group looks beyond profitability and explores better ways to integrate good social development and responsible environmental stewardship into our business operations.
We can do well by doing good, by always 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 highest regard for their long-term impact.
- We live in our core values of integrity, teamwork, innovation, and responsibility.
We make decisions based on our objectives to:
- Partner with communities to promote inclusive growth.
- Provide a commercially-sustainable customer experience.
- Attract, retain, and optimize A-People.
- Build, protect, and enhance our reputation.
- Minimize our environmental impact.
- Enhance overall long-term effectiveness of the organization.
- Grown 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.
The Aboitiz Group is using the integrated format to corporate reporting, consolidating the reports of Aboitiz Equity Ventures, Inc., Aboitiz Power Corporation, and Aboitiz Group Sustainability. It is a format that underscores our commitment to holistic and transparent reporting of our business performance and its impact on our stakeholders and society at large.
The report documents the Aboitiz Group’s initiatives and activities for people, planet, and profit, anchored on our Group purpose and brand promise “to drive change for a better world by advancing business and communities.” We share with you the progress we made each in our areas of focus: 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.
In support of the triple bottom line, the Group identified focus areas where it can make the biggest difference with the intent of establishing measurable objectives, defining and setting achievable targets, and tracking them year on year.
In the concept of a triple bottom line that we adhere to, People is a paramount priority. Aboitiz has made it a point to implement fair and beneficial business practices toward the organization’s team members, customers, communities, and society.
The Aboitiz Group remains consistent with its campaign towards a BetterWorld through its environmental programs and initiatives. Year round compliance with mandatory requirements is observed by Aboitiz. This ensures that the company, with its full operations, does not pose negative impacts to the environment and follows regulations wherever it operates.
In growing profitably, the Aboitiz Group adheres to fair business practices that align both majority and minority interests. This has guided the company for generations and propelled it to becoming one of the best-managed companies in the region that enjoy a high level of trust and confidence from its stakeholders.
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 components to building a sustainable business that will last for generations.
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.