Aboitiz Foundation, the corporate social responsibility arm of the Aboitiz Group, is helping nine cooperatives get back on track after being gravely affected by the COVID-19 pandemic. This is through the Livelihood Recovery Project for Partner Cooperatives and Associations Nationwide (REstart). REstart is a three-year program...
Aboitiz Equity Ventures, Inc., together with its partners, has allotted P48 billion in capital expenditure (CAPEX) for 2021, 69% higher than the P29 billion spent in 2020 -- a year that saw unprecedented challenges due to Covid-19. The company, which supplies close to 20% of the...
The Aboitiz Group, through its infrastructure arm Aboitiz InfraCapital, Inc. (AIC) is championing the country’s capability to implement innovative and sustainable solutions to address a common global challenge ー access to clean and safe water ー at the Asia-Pacific Economic Cooperation (APEC) Business Advisory Council...
The indigenous peoples (IP) community of Barangay Tadiangan, Tuba, Benguet continues to support the renewable energy operations of Hedcor, a leading run-of-river hydropower firm in the Philippines. Hedcor is part of AboitizPower’s renewable energy or Cleanergy portfolio. Currently, AboitizPower, together with its partners, is the largest...
Aboitiz InfraCapital, Inc. is earmarking over PhP13 billion in total consolidated capital expenditures (CAPEX) with its partners this year for the rollout of various projects, including its Common Towers initiative.The CAPEX is around 250% increase from the PhP 3.7 billion it spent in 2020.“COVID-19 may...
Holding companies Aboitiz Equity Ventures, Inc. (AEV) and Aboitiz Power Corporation (AboitizPower) received the prestigious Golden Arrow Recognition during a virtual awarding ceremony for the ASEAN Corporate Governance Scorecard (ACGS). AEV received a two-arrow recognition (ACGS score of 90-99points), while AboitizPower, one arrow (ACGS score of...
Commuters of the country’s capital Manila will soon be enjoying free and environmentally-friendly public transportation, thanks to the BEST Bus, an electric bus project of which the Aboitiz Group is an electric vehicle (EV) advocate-partner together with EV firm GET Philippines.BEST stands for Business for...
The Aboitiz Group has announced that it will cover the inoculation of all its team members and subcontractors to help protect them from the dreaded Coronavirus disease (Covid-19). AstraZeneca COVID-19 vaccines will be offered to more than 30,000 regular employees and subcontractors, to help build the...
From a year riddled with challenges due to the COVID-19 pandemic, the aptly named Philippine eagle Pangarap, proudly adopted by Aboitiz Power Corporation (AboitizPower), remains a symbol of hope that our country can rise again. It is AboitizPower’s goal to promote sustainability for its communities, and...
To further support the country’s mass testing efforts against the COVID-19 pandemic, the Philippine Red Cross (PRC) has partnered with ‘The Outlets at Lipa’ to offer drive-in saliva RT-PCR test collection. With the convenient location of ‘The Outlets at Lipa’ in LIMA Estate, strict COVID-19 protocols,...