enabling sustainability - Aboitiz Power

enabling sustainability - Aboitiz Power enabling sustainability - Aboitiz Power

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Renewable Energy is the fourth pillar. Cleanergy is AboitizPower’s brand of renewable energy. Energy is harnessed from hydro and geothermal sources and will help consumers achieve a sustainable lifestyle and help them reduce their carbon footprint. Cleanergy communicates AboitizPower’s vision to offer an energy solution that leaves a lighter impact on Earth’s climate and its limited resources, and to promote the usage of clean & renewable energy from sources that are sustainable & cleaner than fossil fuels. AboitizPower believes that it is every Filipino’s right to live a sustainable life. SEEING the urgency to address the climate change problem, the Aboitiz Group— through AboitizPower—decided to beef up its investments in the generation of energy from renewable sources. These investments tap the country’s geothermal and hydropower resources. In 2009, AboitizPower launched the Cleanergy brand, which is power from geothermal and hydropower plants, to provide consumers the chance to choose to follow their conscience and do their part in slowing down climate change. Having purchased government-owned geothermal and hydro power generation assets, AboitizPower has become one of the largest private renewable energy producers in the country. Its renewable energy portfolio includes two geothermal power plants—Tiwi in Albay and the Mak Ban Power Complex in Laguna- Batangas border—and numerous hydro generation assets: such as the Bakun plant in Ilocos Sur, Magat in Isabela and the Ambuklao plants in Benguet. For Magat and Ambuklao, AboitizPower joined forces with SN Power of Norway. The company poured more investments into renewable energy and began operation of the Sibulan Power Plant, a Greenfield Project that utilizes the Sibulan River to generate hydroelectricity. One plant, already operating, generates 26 MW, while a second one has the capacity to produce 16.5 MW. In 2010, AboitizPower sold 4,356,180 MWh of renewable power. As a consequence the release of an estimated 2.2 million tons of CO2 was avoided. Renewable Energy Generating Portfolio Plant Capacity (MW) Hydro 715 1,182 TOTAL Attributable Capacity (MW) Hydro 383 Geothermal 467 Geothermal 467 850 TOTAL “We launched Cleanergy in 2001 and its mission then still holds true now, to make Cleanergy available to every Filipino,” said AboitizPower President and CEO Erramon I. Aboitiz. “Cleanergy, the brand of clean and renewable energy, communicates the company’s vision to offer an energy solution that leaves a lighter impact on the earth’s climate and its limited resources.” The company believes that if consumers are given a choice, they would choose Cleanergy and help protect the planet. When open access under the Electric Power Industry Reform Act (EPIRA) is enabled, AboitizPower will offer Cleanergy as an option for customers who believe in the same vision that the company has for the future. AboitizPower’s investments in renewable energy are in line with the Aboitiz Group’s triple bottom line approach, which gives importance to protecting the planet and caring for communities to sustain its profits. To emphasize the importance of renewable energy in its operations, Aboitiz identified it as one of the pillars of sustainability, along with reduce, re-use/recycle, rejuvenating nature and recharge communities. Hydroelectric Geothermal 2008 2009 Renewable Energy sold in 2010 (MWh) MWh sold 872,769 3,483,411 TOTAL Avoided Emission (tons of CO2) through the renewable energy sold in AP MWh sold 942,960 3,000,467 Avoided C02 emissions from renewable energy sold (in tons CO2) 434,639 1,734,739 4,356,180 2,169,378 TCO2 528,058 1,494,232 2010 4,356,180 2,169,378 20 ENABLING SUSTAINABILITY

A thousand hours for the planet For Earth Day on April 22, 2010, Aboitiz business units poured in a total of 1,084 hours, equivalent to 45 days, to care for the planet and raise awareness on the need to properly manage its fragile resources. Aboitiz Group team members and officers celebrated Earth Day by conducting clean-up drives in their host communities and planting trees in nearby forests and watersheds in different areas in the country. AboitizPower’s Hedcor in Davao conducted a coastal clean-up, while Hedcor Benguet cleaned up a nearby river and collected 30 sacks of litter. AboitizPower Renewables Inc. (APRI), wholly owned subsidiary of AboitizPower, led a coastal clean-up in Albay where its Tiwi geothermal plant is located. APRI’s team members and employees conducted a simultaneous clean-up of an abandoned well site in Laguna where the Mak-Ban geothermal power plant complex is located. Apart from organizing a clean-up, Hedcor Inc. and Hedcor Sibulan launched a Solid Waste Management Information Drive in the areas where they operate. The activity was aimed at raising awareness on proper waste disposal, waste segregation and recycling. To show that there is money in waste, Hedcor organized Eco- Markets in Baguio and Davao, where recyclable items from waste—like plastic containers, bottles and paper—are bought. Realizing that a day is not enough to care for the planet, Hedcor decided to hold the Eco-Market Day every month. This sustains the company’s efforts to raise awareness on the need to protect the environment. Amid the challenging economic conditions in 2010, few companies would have had the strength to sustain its focus on the environment. But the Aboitiz Group, driven by the passion for a better world, used the ideals of Earth Day to fuel its day-to-day activities to care for the planet. Employees of SN Aboitiz Power, which operates hydropower plants in Isabela, Ifugao and Benguet cleaned up the perimeter of its dams. Meanwhile, Makati-based team members marched to clean up Luneta Park in Manila. In Iloilo, representatives from City Savings Bank, 2GO and Superferry joined forces to conduct a coastal clean-up. In Cebu, Aboitiz Equity Ventures team members cleaned up Sitio Lahing-Lahing in Mabolo, Cebu City. Visayan Electric Company volunteers, on the other hand, cleanedup in a community in Naga, Cebu, while Balamban-based, Cebu Industrial Park Developers, Inc. and Metaphil conducted a joint coastal clean-up activity. 12 Number of business units that participated 1,084 Total number of man-hours volunteered for clean up Total number of man-days volunteered for clean up Earth Day clean up Man-hour and Man-days reflect the total time spent by all volunteers to do the clean-up nationwide ABOITIZ SUSTAINABILITY REPORT 2010 21

A thousand hours for the planet<br />

For Earth Day on April 22, 2010, <strong>Aboitiz</strong> business units poured<br />

in a total of 1,084 hours, equivalent to 45 days, to care for the<br />

planet and raise awareness on the need to properly manage its<br />

fragile resources.<br />

<strong>Aboitiz</strong> Group team members and officers celebrated Earth Day<br />

by conducting clean-up drives in their host communities and<br />

planting trees in nearby forests and watersheds in different areas<br />

in the country.<br />

<strong>Aboitiz</strong><strong>Power</strong>’s Hedcor in Davao conducted a coastal clean-up,<br />

while Hedcor Benguet cleaned up a nearby river and collected 30<br />

sacks of litter.<br />

<strong>Aboitiz</strong><strong>Power</strong> Renewables Inc. (APRI), wholly owned subsidiary<br />

of <strong>Aboitiz</strong><strong>Power</strong>, led a coastal clean-up in Albay where its<br />

Tiwi geothermal plant is located. APRI’s team members and<br />

employees conducted a simultaneous clean-up of an abandoned<br />

well site in Laguna where the Mak-Ban geothermal power plant<br />

complex is located.<br />

Apart from organizing a clean-up, Hedcor Inc. and Hedcor Sibulan<br />

launched a Solid Waste Management Information Drive in the areas<br />

where they operate. The activity was aimed at raising awareness<br />

on proper waste disposal, waste segregation and recycling.<br />

To show that there is money in waste, Hedcor organized Eco-<br />

Markets in Baguio and Davao, where recyclable items from<br />

waste—like plastic containers, bottles and paper—are bought.<br />

Realizing that a day is not enough to care for the planet, Hedcor<br />

decided to hold the Eco-Market Day every month. This sustains<br />

the company’s efforts to raise awareness on the need to protect<br />

the environment.<br />

Amid the challenging economic conditions in 2010, few<br />

companies would have had the strength to sustain its focus on<br />

the environment. But the <strong>Aboitiz</strong> Group, driven by the passion for<br />

a better world, used the ideals of Earth Day to fuel its day-to-day<br />

activities to care for the planet.<br />

Employees of SN <strong>Aboitiz</strong> <strong>Power</strong>, which operates hydropower<br />

plants in Isabela, Ifugao and Benguet cleaned up the perimeter of<br />

its dams.<br />

Meanwhile, Makati-based team members marched to clean up<br />

Luneta Park in Manila.<br />

In Iloilo, representatives from City Savings Bank, 2GO and<br />

Superferry joined forces to conduct a coastal clean-up.<br />

In Cebu, <strong>Aboitiz</strong> Equity Ventures team members cleaned up Sitio<br />

Lahing-Lahing in Mabolo, Cebu City.<br />

Visayan Electric Company volunteers, on the other hand, cleanedup<br />

in a community in Naga, Cebu, while Balamban-based, Cebu<br />

Industrial Park Developers, Inc. and Metaphil conducted a joint<br />

coastal clean-up activity.<br />

12<br />

Number of business units that<br />

participated<br />

1,084<br />

Total number of man-hours<br />

volunteered for clean up<br />

Total number of man-days<br />

volunteered for clean up<br />

Earth Day<br />

clean up<br />

Man-hour and Man-days reflect the total<br />

time spent by all volunteers to do the clean-up<br />

nationwide<br />

ABOITIZ SUSTAINABILITY REPORT 2010<br />

21

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