enabling sustainability - Aboitiz Power

About Aboitiz
Sustainability Report
Sustainability is a core pursuit for the Aboitiz Group. In 2010, we
released our first sustainability report. It documented the various
sustainability initiatives of our business operations --- raising
awareness about addressing environmental and social concerns,
and communicating to our stakeholders our programs and activities
towards business sustainability.
This second sustainability report encapsulates the various sustainability
programs and initiatives undertaken from January 1 to December 31,
2010. Developed to conform to Global Reporting Initiatives (GRI) G3
guidelines, this report is a self-declared C-level document and contains
indicators on economic, social and environmental performance. Last
year, too, we formalized our five sustainability pillars as guidelines for
the business units’ own sustainability programs.
This report features the projects and programs in support of each pillar.
It does not tackle details of every subsidiary. This report also covers
initiatives and performance of the different companies under the
Aboitiz group. Aboitiz Equity Ventures, Inc. (AEV) in 2010 including
Aboitiz Power Corporation
a publicly owned holding company listed with the Philippine
Stock Exchange that includes energy generation (hydroelectric,
geothermal and thermal power) and distribution utilities.
Food
includes Pilmico Foods Corporation and Pilmico Animal
Nutrition Corporation.
Banking
UnionBank of the Philippines and City Savings Bank.
Aboitiz Transport System
Aboitiz Transport System was sold at the end of 2010. However,
it is mentioned in this report since it was still part of the group
in 2010.
Our financial and economic performances are discussed
in detail in the 2010 Annual Report while our different
corporate social responsibility activities are listed in the
annual report of Aboitiz Foundation. Both reports may be
accessed at www.aboitiz.com.
Through this report we thank our markets, public and
stakeholders, and reiterate our commitment to and sincerity in
protecting the planet and its resources, our communities and
stakeholders. We will also monitor and track our impact on the
triple bottom line objectives of sustainability. We would also
value your feedback on how to improve future reports. We are
reachable at sustainability@aboitiz.com.
A thorough discussion of AEV and all its business partners,
subsidiaries and affiliates can be found in the annual report and
the company website, www.aboitiz.com.
8 ENABLING SUSTAINABILITY