UnionBank goes renewable
UnionBank became one of the country’s first financial institutions to “go green,” after its headquarters in the Ortigas Central Business District successfully shifted its power source to clean and renewable energy through AboitizPower’s Cleanergy brand.
In a ceremony last Wednesday (April 19, 2017), UnionBank Chairman and CEO Justo A. Ortiz said the company is proud to have its long-standing commitment to the environment translated into a push for renewable energy to support its offices and operations. Ortiz, together with AboitizPower President and COO Antonio R. Moraza, unveiled the symbolic marker at theUnionBank Plaza in Ortigas to show that the building is now “Cleanergized.”
“Many of you may be wondering, why are we going renewable? As a bank, we aspire for enduring greatness, and sustainability is an enduring principle if we are to grow, to prosper for a long, long time. The three pillars of our sustainability program are people, planet and purpose,” Ortiz said in his speech during the Cleanergy launch.
UnionBank has always been at the forefront of various environmental projects and takes pride in developing programs that encourage fellow UnionBankers, customers and communities to support green initiatives.
“We are happy to be partners with UnionBank in their quest to pursue renewable energy. This shows the capability of AboitizPower to meet the needs of our customers. Our portfolio of power plants allows us to tailor-fit solutions for our customers like UnionBank,” Moraza said.
Cleanergy is AboitizPower’s brand for its renewable energy portfolio. The company and its partners generate more than 1,200 MW of clean and renewable energy through its string of geothermal, hydro and solar power plants all over the country.
The power for UnionBank Plaza will come from AboitizPower’s 420-MW MakBan geothermal power plant in Laguna and Batangas.Un
