Aboitiz Power provides a detailed sustainability report concerning its efforts on corporate social responsibility and other relevant information in this page. The ongoing rehabilitation of Boracayâs Wetland #4 into Balabag Wetland Park â a joint project of DENR and Aboitiz â has completed a number of improvements at its interim phase. The Aboitiz Group, through holding company Aboitiz Equity Ventures Inc., emerged as the first local supporter of the International Task Force on Climate-Related Financial Disclosures in line with its commitment to good corporate governance and sustainability practices. Office Address: 4F 6750 Office Tower, Ayala Avenue, Makati City, 1226 Philippines Tel: +(632) 7-730-6300 Email Addresses: Career opportunities: Recruitment@acenergy.com.ph Investors: email@example.com Media and other concerns: firstname.lastname@example.org To report any illegal act, wrongdoing, malpractice, risk to the Corporation, or any violation of company policy: … The Aboitiz Group, through holding company Aboitiz Equity Ventures Inc., emerged as the first local supporter of the International Task Force on Climate-Related Financial Disclosures in line with its commitment to good corporate governance and sustainability practices. The Aboitiz Group implements sound labor practices in the workforce and operates responsibly in the communities where we are present. Moving forward, it intends to carefully select projects that would help it reach its goal of achieving CSR 2.0. For the year 2019, our energy and water consumption are the following: Led by its different strategic business units, the Aboitiz group initiated programs to manage our impact on Life on Water (SDG 14) and Life on Land (SDG 15). Guided by our value of integrity, we generate trust and sustain good relationships as we engage in meaningful value creation with our internal and external stakeholders â forging cooperation, partnerships, and common aspirations of a better future. AEV has four business groups, namely: power, financial services, food and transport. JG Summit … Some of these activities are made possible by our team member volunteerism and partnership with our host communities, government agencies, non-government organizations and people’s groups. We remain committed to growing our business in a manner that has the least adverse effect on our people, environment and communities. Some of these activities include the Annual Aboitiz Groupwide simultaneous tree planting, Cleanergy Park, watershed projects, adoption of protected areas, Adopt-a-River, Adopt-a-Marine Sanctuary, coastal and river clean-ups, and Philippine Eagle Adoption. AboitizPower upholds the high P.E.R.F.O.R.M.A.N.C.E. Carbon Emissions Reduction, Energy and Water Efficiency. The company prohibits the influence of any legislators or committees of Congress, to pass or defeat legislation that may be beneficial or in favor of the company, in exchange for money or property. These include: The Balabag Wetland Park is a three-year project that will convert the one-hectare lagoon into a linear urban park. AboitizPower strives to maintain a Balanced Mix Portfolio by providing reliable and ample power supply at reasonable and competitive prices, while integrating social development and environmental stewardship into our business operations. Lost Time Incident (LTI) is work-related injury or illness that results in the inability of the injured employee to report to work and perform his or her normal job functions. The company prohibits the influence of any legislators or committees of Congress, to pass or defeat legislation that may be beneficial or in favor of the company, in exchange for money or property. Sustainability at Aboitiz; Our Sustainability Framework; Corporate Social Responsibility; Aboitiz BetterWorld Video; Corporate Governance. AboitizPower began reporting its sustainability initiatives from a group perspective in 2009. Guided by our value of integrity, we generate trust and sustain good relationships as we engage in meaningful value creation with our internal and external stakeholders – forging cooperation, partnerships, and common aspirations of a better future. The latest iterations enabled customers to accomplish banking transactions without the need to visit branches.Â. All Rights Reserved. During the quarterly town hall meetings, AboitizPower Legal conducted lectures on the Expanded Maternity Leave Law, the HIV and AIDS Policy Act, the Safe Spaces Act, the Amended Magna Carta for Persons with Disability, and the Anti-Age Discrimination in Employment Act. 2 7,309 6,789 2,774 1,504 631 648 111 181 1H2013 1H2014 20% ... sustainability and diversified power generation technologies, among others. Aboitiz Equity Ventures, Inc. operates as a holding company that engages in management operations of the Aboitiz Group. AboitizPower is committed to mitigating its occupational health and safety (OH&S) risks and eliminating hazards to provide a safe and healthy work environment for our people and partners. As the Aboitiz Group diversified into many businesses, its commitment to sharing grew accordingly. ... SN Aboitiz Power Magat, Inc. and SN Aboitiz Power Benguet, Inc. ... AboitizPower aligns with its parent company Aboitiz Equity Ventures (AEV) We are guided by the following principles: We make decisions based on our objectives to: 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 company abides by the applicable laws on lobbying interests in accordance with: Republic Act No. Our stakeholder engagement process keeps up with the times by maximizing the many communication avenues available today and sharing the best practices internally. RAFI is a family-based foundation that is rooted from the philosophy of its founder that “the dignity of man is best respected by helping him realize his hopes and by sharing with him the burden of his fears.” Its vision has consistently been “Touching People, Shaping the Future” while its current focus areas are integrated development, micro-finance & entrepreneurship, culture & heritage, leadership & citizenship, and education. principle to achieve and sustain Business Results, Operational Excellence, Service Excellence, and Employee Development. This system is guided by the corporate accounting and reporting standards of The Greenhouse Gas Protocol developed by World Business Council for Sustainable Development and World Resources Institute. At the foundation of everything that we do, we create an environment and build a culture centered on our core values of integrity, teamwork, innovation, and responsibility. The Aboitiz Groupâs corporate governance framework is rooted in its core values of integrity, teamwork, innovation and responsibility, which have been institutionalized in the respective Manuals, Code of Ethics, and key company policies and protocols.Â. This year’s ASMs were held last April 27 and […] The program, which. Aboitiz & Company; The Aboitiz Way; Our Businesses; Aboitiz Equity Ventures Inc. Our Leaders; Conglomerate Map; Map of Operations; Awards and Citations; Organizational Structure; Sustainability & CSR. Our Operational Control subsidiaries have all secured ISO 14001:2015 Environmental Management Systems as part of our commitment to the environment and our communities. Team member-driven programs such as the Aboitiz No Impact Challenge promotes lifestyle changes that reduce carbon emission and water consumption in daily routines. AEV joins more than 930 international supporter organizations with a combined market capitalization of USD11 trillion that commit to developing voluntary and consistent climate-related financial risk disclosures. We invest in resources and implement relevant programs that are focused on attracting, optimizing, and retaining the right talent. Total No. AboitizPower commits to providing reliable power supply to enhance customer satisfaction. In Aboitiz, we define sustainable development as inclusive growth that looks into the dimensions of ESG: We aim to continually enhance shareholder value by being true to ethical business practices, sticking to our core competencies and executing well-defined strategies. Risk Maturity Level 4 would involve a clear understanding of key risks to the organization and the consistent execution of activities to address these risks. Stakeholders must be treated with fairness. The legal team held a karaoke contest featuring songs that empower and uplift women, and a photo contest showcasing the different regional and ethnic cultures of the company’s employees. The Aboitiz Cleanergy Park is an eight-hectare ecological preserve located in Davao City that is home to the critically endangered Hawksbill turtle (Eretmochelys imbricata), endemic and migratory birds, and marine species. Equity Ventures MINUTES OF THE ANNUAL STOCKHOLDERS' MEETING OF ABOITIZ EQUITY VENTURES, INC. (the "Company", "AEV") HELD AT THE GRAND BALLROOM, CEBU CITY MARRIOTT HOTEL CEBU CITY ON MAY 17,2010 AT 4:00P.M. As a general rule, employees are encouraged to accomplish their work assignments within their regular working hours. For us, this means being able to support the execution of the Groupâs strategies through people. “The Aboitiz Group stands behind this national collaborative effort to protect Filipinos from COVID-19 while ensuring that we keep our economy running. Company: Aboitiz Equity Ventures Inc. Report Date: 15 November 2018 Aboitiz Power Corporation (AP) furnished the Philippine Dealing & Exchange Corp. (PDEx) a copy of its SEC Form 23-B (Statement of Changes in Beneficial Ownership of Securities), which reported Aboitiz Equity Ventures Inc.’s (AEV) shareholdings in AP as of November 2018. The Aboitiz Group remains consistent with its campaign towards a BetterWorld through its environmental programs and initiatives. It was one of its first leaders, Don Ramon Aboitiz, who started corporate philanthropy through donations to various groups and needing communities, as well as looking after the welfare of his employees. Furthermore, to contribute to SDG 15 (Life on Land) and the group’s commitment to plant nine million trees by 2020, the company planted 1.3 million trees in 1,690 ha from 2016 to 2019. 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 Center also provides an overview of TSI’s operation of the 300-megawatt Davao Baseload Power Plant. Stock analysis for Aboitiz Equity Ventures Inc (AEV:Philippines) including stock price, stock chart, company news, key statistics, fundamentals and company profile. 1% lower than the Php 22.2 billion in the same period of the previous year. The Cleanergy Center is an educational facility located in the Admin Compound of MakBan Geothermal Power Plant in Brgy. After decades of giving to various worthy causes in an informal manner, and with the increasing magnitude of assistance needed in areas where its companies operate, the Aboitiz management decided to find a more efficient and effective way of giving. Companies listed are 50% and above operationally controlled by AboitizPower Our leadership commitment to continuously improve ensures the board oversight of the Environmental, Social and Corporate Governance (ESCG) committee. `A Aboitiz Equity Alcorn Gold Res. 2 7,309 6,789 2,774 1,504 631 648 111 181 1H2013 1H2014 20% ... sustainability and diversified power generation technologies, among others. This allows our senior management, internal audit, and supervisory committees to get a comprehensive and holistic view of the effectiveness of our organizationâs governance, risks, and controls. In a testament to this commitment, AEV has signed on as the first Philippine company to support the Task Force on Climate-Related Financial Disclosures (TCFD) in 2019. Our transition towards a sustainable future needs to redefine our leadership functions and responsibilities to strengthen the companyâs strategy, work plans, and performance targets. 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. ON A year-to-date (YTD) basis, Aboitiz Equity Ventures, Inc.’s (AEV’s) net income for the first nine months of 2019 was ₱15.7 billion, 9.0 percent lower than the ₱17.3 billion recorded during the … To do this, we embody high P.E.R.F.O.R.M.A.N.C.E. However, the page is accessible only to the Environmental Regulators (DENR EMB) and can be requested by the public upon the regulator’s approval. AEV recorded a consolidated net income (NIAT) of Php 22.0 billion in 2019. Weak. For queries, bookings, and reservations, please contact us at: San Fernando Electric Light and Power Inc. AboitizPower Corporate Governance Framework, Annual Executive Session of Independent Directors, Nomination, Selection and Election of Directors, Performance Assessment of the Board, Board Committees and Senior Management, Attendance at Board and Board Committee Meetings, Compliance with Health, Safety and Environmental Laws, Governance Reports and Corporate Governance Scorecards, PSE Corporate Governance Guidelines Disclosures, Integrated Annual Corporate Governance Report. Furthermore, the company ensures that all hazardous waste generated within the facilities are properly identified, labeled, and handled to avoid adverse impact on human health and the environment. Year on year, the company ensures to reduce carbon emissions, and manage water and energy resources efficiently. The Aboitiz Group is set to spearhead a meaningful discussion on corporate social responsibility (CSR) and sustainability at a gathering of its top leaders and stakeholders for its first Advancing Business and Communities (ABC) Summit on September 17 and 18. LTIFR data only covers generation units and distribution utilities. The Aboitiz Group affirmed its commitment to good corporate governance, demonstrating business continuity amid the Coronavirus Disease 2019 (COVID-19) crisis with the staging of its listed companies Aboitiz Equity Ventures, Inc. (AEV) and Aboitiz Power Corporation (AboitizPower) annual stockholders’ meetings (ASMs), online for the first time. This is our contribution to mitigate climate change. , micro, small and medium enterprises (MSMEs) conduct business continuity planning (BCP) to strengthen community enterprise and to reduce their vulnerability to the impacts of unforeseen events, including major emergencies and disasters. The company complies to various environmental laws in the Philippines, such as the. We will continue to explore opportunities while managing our operations prudently, utilizing our resources wisely to ensure long-term financial growth and profitability. In the true spirit of innovation, we commit to address the rapidly changing business environment and to position the Group in this disruptive landscape. Political organizations whose role is to influence political campaigns or legislative activities. Innovation Week gathered all Aboitiz business units to showcase outstanding digital projects and to foster collaboration on improving various initiatives. Team members that work in customer and community-facing functions undergo training to fully embody the principles and processes of stakeholder relationship management (SRM) and communication. AboitizPower began reporting its sustainability initiatives from a group perspective in 2009. Contractors are covered by virtue of AboitizPower’s “prevailing influence”. In the years that followed, UnionBank continued to enhance the platform’s functionalities by adding CX-driven features like digital account opening, online check deposit and unit investment trust fund account viewing while ensuring the stability and security of the app. Communities are taught to be climate-resilient, identifying risks and vulnerabilities and developing long- term strategies to reduce risk and future losses on livelihood, human settlements, and resources. Meanwhile, the Groupâs Consolidated Annual and Sustainability Report sets out its values and governance model and demonstrates the link between the Groupâs strategy and its commitment to a sustainable global economy.Â Through the consolidated report, Aboitiz is able to measure, understand, and communicate its economic, environmental, social and governance performance. Results of 2019 Occupational Health and Safety Monitoring: Aboitiz Equity Ventures (AEV) supports the Ten Principles of the United Nations Global Compact on human rights, labor, environment, and anti-corruption. 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