To drive sustainability throughout its business, Aboitiz focuses on three key areas based on the triple bottom line approach—people, planet, and profit—where it believes it can make the greatest difference to the Group and its stakeholders. This framework is used to set targets, improve performance, and extend the scope of the value it creates.
Our goal is to partner with our stakeholders to create shared value. As a socially responsible organization,we believe in providing employment and ensuring that our team members grow in and with the organization.With the aim of being the neighbor of choice, we help uplift lives and make our host communities sustainable and disaster resilient. We ensure that we provide a commercially sustainable customer experience, always delivering on our promise of building a BetterWorld.
Goal: Partner without stakeholders to create shared value.
|Team Member Engagement and Development||Attract, retain, and optimize A-people|
|Corporate Social Responsibility||Partner with communities to promote inclusive growth.|
|Disaster Resilience||Increase the capacity of local governament and the public in disaster preparedness|
|Customer Focus||Provide a comercially sustainable customer experience.|
Our goal is to minimize our environmental impact. We are committed to growing our businesses in a manner that has the least adverse effect on the environment and our communities. We aim to improve energy efficiency, reduce water consumption, and recycle whenever possible. We strive to provide reliable and reasonably priced power while tapping renewable energy sources where and when feasible.
Goal: Minimize our environmental impact.
|Carbon Emissions Reduction||Reduce Greenhouse Gas (GHG) emissions across facilities under our control.|
|Resource Efficiency||Managee resource efficiently|
|Waste Management||Reuse and recycle|
|Renewable Energy (RE)||Tap other RE resources and strengthen our |
renewable energy portfolio with the development of more
hydropower and geothermal capacit.
Our goal is to grow profitably. We aim to continually enhance shareholder value by being true to ethical business practices, sticking to our core competencies and executing well-defined strategies. We will continue to explore opportunities while managing our operations prudently, utilizing our resources wisely to ensure long-term financial growth and profitability.
Goal: Grow profitability
|Financial Return||Grow Profitably|
|Financial Growth||Grow Profitably|
The Aboitiz Group’s approach to sustainability is embodied in the BetterWorld mindset. We view sustainability not as a cost of doing business, but as a way of doing business. It is an integral part of our business strategy. We measure our commercial success beyond traditional metrics to include our contribution to improving people’s lives and making our planet livable for future generations.
The Aboitiz BetterWorld mindset guides to look beyond profitability, and to explore effective ways to integrate social development and environmental stewardship into our businesses.
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. It is a format that underscores our commitment to holistic and transparent reporting of our business performance and its impact on our stakeholders and society at large.
The report documents the Aboitiz Group’s initiatives and activities for people, planet, and profit, anchored on our Group purpose and brand promise “to drive change for a better world by advancing business and communities.” We share with you the progress we made each in our areas of focus: 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.
Through the years, the company has communicated its commitment and initiatives on corporate governance and sustainability to engage team members and external stakeholders.