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Milestone of Corporate Sustainability

Published on Thursday, 01 October 2015 10:30 | Hits: 2747
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2014

The corporate sustainability philosophy for First Philippine Holdings Corporation (FPH) is conceptualized and approved on May 6

In June, a table of organization is developed and a CSG team installed, after which subject experts are identified in Energy Development Corporation (EDC) to disseminate sustainability mechanisms to FPH companies

From July to October, orientation and awareness building activities are rolled out in EDC, First Gen, First Philippine Industrial Park, Lopez Group Foundation Inc. and Lopez Holdings

In December, a corporate sustainability statement for the FPH power groups are submitted to the concerned departments in First Gen and EDC

2015

The CSG shares internal sustainability mechanisms with pilot companies Pantabangan and FPIP; the goal for the latter is to make it a model for other Philippine Economic Zone Authority areas

While the team conducts internal researches on best practices, FPH’s third-party global experts review the business metrics piloted in EDC

Sustainable practices that can create value to FPH companies are applied through the Climate Change Resiliency Plan project to be piloted in Bacman Geothermal Business Unit in partnership with OEG and OML Center; Community Sustainability Scorecard on Resilience, in partnership with the Disaster Response Unit of EDC; and energy audit in partnership with the Department of Energy, the UN Industrial Organization and Foundation University 

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