#PositiveEnergy helps communities beyond the pandemic
More than a year has passed but the country is still feeling the impact of the pandemic. It is, however, inspiring to see how businesses have been trying to make a difference in any way that they can. Some have donated medical supplies, while others have given aid and monetary assistance to their employees, the frontliners, and affected Filipino families.
Positive Energy for local communities
Among the corporations who have been continuously fighting the effect of the pandemic is AboitizPower, a leading producer of clean and sustainable energy in the Philippines. Sustainable energy is energy that is derived from sources that are constantly replaced, such as the wind, solar power, and water. The energy giant has been working alongside the Department of Energy (DOE) to support their host communities in their various COVID-19 recovery efforts through the Energy Regulations 1-94 (ER 1-94) Program. This program is a DOE policy that provides host communities a share of the profits generated by the power plants in its area.
To date, AboitizPower has distributed around PHP 650 million to its host communities nationwide. This funding was used to help their partner LGUs across the country in their efforts to stop the spread of the pandemic and bolster relief for affected families. Some of these initiatives are the distribution of goods to households and front liners, creation of holding and distribution centers, completion of isolation facilities for COVID patients, donation of medical supplies and equipment to hospitals, and support for new livelihood projects for those who lost their jobs during the quarantine period.
Sharing meaningful content with other businesses
The pandemic has thrown a lot of businesses off their normal operations as well. To make sure Filipinos get access to relevant information, AboitizPower has launched the Integrated Response and Awareness towards COVID-19 Hazards (I-REACH) Program. The I-REACH Program supported customers as they recover from the pandemic and transition into the new normal through a series of helpful, informative webinars. The series discussed topics like virus prevention, work-from-home practices, business recovery strategies, and other challenges brought by the pandemic. The I-REACH Program has been given the Silver Stevie award for the Most Valuable Corporate Response category in the International Business Awards this year.
Continuing the path to sustainability
Sustainability is now more important than ever. Businesses must pursue green practices that put both people and the environment at the center. For AboitizPower, this means strengthening their Environmental, Social, and Governance (ESG) policies. This year, AboitizPower continues to satisfy the requirements of the FTSE4Good Index Series, which measures the performances of companies with strong ESG practices.
AboitizPower also maintains the growth of its renewables portfolio, Cleanergy. This is aligned with AboitizPower’s sustainability goal of balancing its portfolio mix into almost 50:50 thermal and Cleanergy capacities in the next 10 years.
Now that the country is easing into its new normal, many companies have successfully developed their action plans to ensure a brighter new year for the business and its people. With positive energy and the Filipino’s “bayanihan” spirit strongly in place, no one will be left behind during these challenging times.
Learn more about AboitizPower by visiting their official website here.