In recent years, the world woke up to the alarming reality that the earth is ailing, and that this problem has been brought about by our own hands. Unsustainable practices, including the mismanagement of plastic waste, has led to a global and local challenge for everyone. The Philippines alone generates 2.7 million tons of plastic…
Big business had been labelled by environmental activists as a villain in the ongoing climate change crisis – heartless, with no regard for anything other than the bottom line, or profits. But the recent Inquirer Project Webinar session showed that major companies were not only facing up to their responsibilities but were seriously taking steps…
The onslaught of Covid-19 for the past two years has forced us to take better care of our health, and, in effect, of the environment as well. In a world riddled by a pandemic, people have further realized the importance of making more environment-friendly purchasing decisions, which has positively impacted the way companies now approach…
Citi has raised over for Asia Pacific clients from global and local capital markets year to date, to support their sustainable financing needs. This is an increase of over 500% versus the same period in 2020. In the Philippines, Citi has helped raise over US$1billion in green and sustainable bond financing for local clients over…
A resolute AboitizPower faces the challenge of sustainability head-on with a commitment to clean energy. “Our strategic directions are geared towards ensuring that sustainability remains at the core of AboitizPower,” AboitizPower president and CEO Emmanuel V. Rubio said. “We are committed to sustainable business operations, guided by our strong environmental, social, and governance standards and…
As climate change worsens, it can no longer be business as usual. The recent COP-26 (26th United Nations Climate Change Conference of the Parties) underscored the urgency of the situation and how efforts to slow global warming and climate change needed all hands on deck, the involvement of governments, businesses, civic groups, even individuals. Sustainability…
After its recent declaration of an ambitious commitment to plant 2.5 million bamboo clumps and a million trees in the Philippines in the next three years, Nestlé Philippines has once again embarked on another sustainability initiative that seeks to address the impact of climate crisis in the country, and is inviting young Filipinos to take…
Averting the disastrous effects of climate change and global warming would require all hands on deck. Chit Juan, founder of the pioneering sustainable ECHOstore; Vicky Abad, country manager of Ipsos Philippines, a global market research and consulting firm; and Manny Blas, vice president of the Estates Group of Ayala Land Inc. (ALI), agreed that these…
Renewable energy sourcing and the management of carbon forest are the two main methods Ayala Land Inc. (ALI) used to achieve its goal of carbon neutrality. Thanks to these efforts, the company is ready to forge ahead and set new and bolder targets to offset its carbon emissions in the years to come. For ALI,…
The 252-megawatt wind farm in Vietnam’s Quang Binh province, a joint venture between the Ayala group’s AC Energy Corp. (Acen) and AMI Renewables, has started commercial operations. This is the partners’ third project together, touted as one of the largest wind farms in Vietnam. It now paves the way for the two companies to pursue…