The Aboitiz brand promise of advancing business and communities embodies the Group’s approach to sustainability—to look beyond profitability and towards standards that assess benefit, efficiency, and success in achieving stakeholder expectations. The ongoing rehabilitation of Boracay’s Wetland #4 into Balabag Wetland Park — a joint project of DENR and Aboitiz — has completed a number of improvements at its interim phase. Pilmico’s Business Process Team and HR partners brainstormed to launch Innovation 2.0, a campaign that makes improvements to the process, system, and management structure while planning for the necessary cascade activities to promote innovation across the Food Group. AboitizPower began reporting its sustainability initiatives from a group perspective in 2009. Our operations abide extensively to various safety, health, and environmental laws and regulations. Companies listed are 50% and above operationally controlled by AboitizPower, 2. Where indicated by "Yes," CreditRiskMonitor contains this information in its extensive database. 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. Copyright 2019 Aboitiz. It has been assigned by the Department of Environment and Natural Resources (DENR) as the Pawikan Rescue Center of Davao City. 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. On top of that, the Group’s partnership with Ramon Aboitiz Foundation Inc. (RAFI) planted 11,670,747 trees. The Pawikan Conservation in Calubcub, Batangas founded 42 nests, released 4,811 Pawikan hatchlings, and rescued 6 Pawikans. The company complies to various environmental laws in the Philippines, such as the DENR DAO30-IRR for EIS Systems and Republic Act 6969 Toxic Substances and Hazardous and Nuclear Wastes Control Act of 1990. 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. We will continue to explore opportunities while managing our operations prudently, utilizing our resources wisely to ensure long-term financial growth and profitability. 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. Furthermore, the policy will be communicated within the organization and will be made available to interested parties. The Center also provides an overview of TSI’s operation of the 300-megawatt Davao Baseload Power Plant. Stakeholders must be treated with fairness. Music and Arts Festival was held to exhibit the works of Philippine artists and photographers which highlight diversity and inclusion. 2018 Aboitiz Integrated Annual Report. AboitizPower’s Diversity and Inclusion campaign is focused on communicating the primacy of merit above gender or sexual preference, age, religion, or ethnic background. We adhere to strict standards and constantly improve the conduct of our operations to ensure a safe workplace. To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today. 1827 “An Act to Regulate Lobbying in the Congress of the Philippines and in the Commission on Appointments”, Republic Act 11232 “Act Providing for the Revised Corporation Code of the Philippines” and the Omnibus Election Code of the Philippines. The Aboitiz Group is committed to balancing economic growth and environmental stewardship in the conduct of its business and as part of its pursuit to create long-term shared value.Â. Digital Milestones of Strategic Business Units: We introduced the Digital DNA program to better equip team members with modern tools and progressive practices. The commitment aims to lower emissions, address climate change resilience, and embed sustainability in our business processes. 2 7,309 6,789 2,774 1,504 631 648 111 181 1H2013 1H2014 20% ... sustainability and diversified power generation technologies, among others. 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. Unless stated otherwise, you may access and download the materials located on the website only for personal, non-commercial use. To provide potential nesting and breeding habitats of various marine and land species, business units near coastal areas advocated to revive biodiversity and mangrove reforestation. Corporate Social Responsibility is an integral part of doing business. In growing profitably, the Aboitiz Group adheres to fair business practices that align both majority and minority interests. 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. Sustainability at Aboitiz; Our Sustainability Framework; Corporate Social Responsibility; Aboitiz BetterWorld Video; Corporate Governance. In addition, the company also provides incentives for the achievement of organizational objectives and individual goals. 2 7,309 6,789 2,774 1,504 631 648 111 181 1H2013 1H2014 20% ... sustainability and diversified power generation technologies, among others. Learn More . However, the page is accessible only to the Environmental Regulators (DENR EMB) and can be requested by the public upon the regulator’s approval. Aboitiz Equity Ventures Inc. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. In the concept of a triple bottom line that we adhere to, People is a paramount priority. This ensures that the company, with its full operations, does not pose negative impacts to the environment and follows regulations wherever it operates. Political campaigns, ballots measures or referendums. Combined assurance is defined by the Institute of Internal Auditors as the integration and alignment of assurance processes. AboitizPower commits to providing reliable power supply to enhance customer satisfaction. Aboitiz Equity Ventures, Inc. (ABTZY) latest earnings report: revenue, EPS, surprise, history, news and analysis. Integrated Management System (IMS) Policy. AboitizPower aligns with its parent company Aboitiz Equity Ventures (AEV). They are always ready to help in times of calamities, aiming to be among the first to respond. Notes on Data Transparency: 2017 Aboitiz Integrated Annual Report Key subject matter experts from different industries were invited to share their experiences and learnings, Forging the Aboitiz Group’s value of Innovation and AboitizPower’s Owner Mindset, the Inyovation program encouraged team members to initiate developments in their processes to improve productivity and efficiency; increase customer satisfaction; enhance a current process, system, or service; reduce costs; or contribute to sustainability.Â. 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. Stock analysis for Aboitiz Equity Ventures Inc (AEV:Philippines) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Partner with communities to promote inclusive growth. As a general rule, employees are encouraged to accomplish their work assignments within their regular working hours. We can do well by doing good, by always making the right long-term decisions that balance the interests of people, planet, and profit. Sustainability Report. After the prodigious increase in our power generating capacity in the past few years, 2010 was about putting those assets to work and selling the generated energy. We expressed our intent to make the UN Global Compact and its principles part of the strategy, culture and day-to-day operations of our company, and to engage in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. AboitizPower began reporting its sustainability initiatives from a group perspective in 2009. Corporate social responsibility (CSR) and Environment, Social, Governance (ESG) sustainability data for ATN Holdings Inc, Real Estate Management & Development and Philippines “AEV, being the first Philippine company to express support for the TCFD, is committed to strengthening […] The Aboitiz Group is using the integrated format to corporate reporting, consolidating the reports of Aboitiz Equity Ventures, Inc., Aboitiz Power Corporation, and Aboitiz Group Sustainability. AEV is recognized as one of the best-managed companies in the Philippines and in the region, and is acknowledged for its good corporate governance. In 2017, the Bank invested in designing and developing the UnionBank Online platform to bring about a seamless and delightful banking experience. 1. The Center is focused on renewable energy education through the use of audio visual presentations, interactive displays, and a tour of a working geothermal power plant. LINK. Learn more about how the company, through its strategic business units, is advancing business and communities by visiting our official news website, Aboitiz Eyes . The Aboitiz Group is conscious of resources, ensures that they can be replenished for future generations, and minimizes competition on the resources available in the communities where we operate. The Aboitiz Group implements sound labor practices in the workforce and operates responsibly in the communities where we are present. in setting the organizational boundary for the accounting methodology of GHG accounting; which means AP accounts for 100 percent of the GHG emissions from operations that AP has control. Year on year, the company ensures to reduce carbon emissions, and manage water and energy resources efficiently. Large, Conglomerates 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. Through the Cooperative Business Continuity Plan, 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. In line with best practices, the Boards of Directors are responsible for establishing and monitoring the Group’s commitment to the principles embodied in environment, social and governance matters (ESG). Issued the following announcement on Sept. 13. 116 Aboitiz Equity Ventures Inc. In 2019, Operation Control companies of AboitizPower are already 100% certified with ISO 9001:2015 Quality Management Systems, ISO 45001 Occupational Health & Safety or OHSAS 18001 Occupational Health and Safety Management System and ISO 14001 Environmental Management System. The Aboitiz Group is conscious of resources, ensures that they can be replenished for future generations, and minimizes competition on the resources available in the communities where we operate. To do this, we embody high. 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 Group’s Sustainability Report outlines the coordinated efforts of the sustainability stewards and ESG principles in the business units to improve and enhance the Group’s performance on team member engagement and development, corporate social responsibility, customer focus, disaster resilience, carbon emissions reduction, resource efficiency, renewable energy, waste management, financial growth, and financial returns. 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. 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. in 2019. In a regulatory filing, Tuesday, the listed holding firm posted P4 billion in profit between January and June, down by 55% over the previous period. principle to achieve and sustain Business Results, Operational Excellence, Service Excellence, and Employee Development. In addition, some financial ratios derived from these reports are featured. However, the page is accessible only to the Environmental Regulators (DENR EMB) and can be requested by the public upon the regulator’s approval. reinventing our business models while looking for opportunities to improve our revenue streams; embedding emerging and relevant technologies, data and analytics to improve operational efficiencies and decision-making process; creating an agile workplace to improve collaboration and productivity of our A-People; and, equipping our team members with the right tools to continuously deliver value to our stakeholders. The information enables us to set priorities and take any necessary actions. Dialogue and value creation for stakeholders. Annual Report 2019 117 We continue to be guided by our CSR 2.0 parameters to ensure that we achieve inclusive impact. Using agile principles, a minimum viable product of the app was launched with key features such as self-service sign-up, viewing of all accounts and transactions, fund transfer to UnionBank and other local bank accounts, and bills payment. Our Race to Reduce (R2R) programs have paved the way for addressing concerns related to biodiversity, resource efficiency, and waste management. ... SN Aboitiz Power Magat, Inc. and SN Aboitiz Power Benguet, Inc. ... AboitizPower aligns with its parent company Aboitiz Equity Ventures (AEV) These articles featured members of the organization who are strong women leaders, differently-abled employees, members of different Philippine ethnic groups and religions, and members of the LGBTQ+ community, among others. 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