In running our businesses, we look beyond profitability and constantly explore better ways to integrate social development and environmental stewardship into our operations. We will continue to focus on delivering value for our stakeholders and meeting their expectations, while working towards creating shared value for people and society.
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.