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Powering a regenerative and decarbonized future

Published on Monday, 19 April 2021 14:15 | Hits: 2309
Twitter

EDC elevates the environment primarily through BINHIEDC elevates the environment primarily through BINHIThe global COVID-19 pandemic has reinforced one of the most important lessons from climate change, in that any and all actions of human beings have corresponding consequences on the environment.

In business, the question posed in particular has been how to redefine value for stakeholders. This has led to the often-repeated mantra of “people, planet and profit,” emphasizing the goal of doing less harm, or avoiding harm, to the environment.

However, the pandemic as a public health crisis has seemingly disproved the notion that such measures suffice in ensuring the welfare of future generations.

Today, the challenge lies in not only minimizing the bad but growing the good. From an enterprise mindset of leaving things as one had found them, the greater mission is to leave things in a better state than before—to grow, nurture and elevate everything that a business touches across all aspects of its operations to produce more positive outcomes.

This is the spirit of regenerative development that Energy Development Corporation (EDC) has undertaken as its revitalized mission. Coupled with its relentless pursuit toward a decarbonized environment, it sees these approaches as part of an effective framework to mitigate this century’s single most defining issue of climate change.

Key stakeholder groups

EDC’s regenerative mission touches five key stakeholder groups. With employees comprising the lifeblood of daily operations that deliver power to consumers, elevating them means treating them with malasakit or a deep concern for their welfare. This is a core value of the Lopez Group that EDC is part of.

At the start of the pandemic and up to this day, malasakit has been the touchstone of management directives to work from home, disburse financial assistance and repurpose benefits to keep team members and their families comfortable and safe.

Malasakit extends as well to EDC’s communities of operations, where the health and safety of residents are top priority. More than that, elevating them means building their capacity through livelihood and educational opportunities. The SIKAT scholarship program, for instance, has been providing not only scholarships to underserved youth but career opportunities and long-term professional development. With the ongoing COVID-19 pandemic as well as perennial natural disasters and climate threats, the resilience of these communities is fortified through partnerships with local government units and assistance to various public healthcare and other needs.

With geothermal energy relying on the natural steam beneath the earth’s surface, the environment is a key impact area that EDC elevates primarily through its flagship BINHI greening program. The program has successfully identified 96 threatened Philippine native tree species as priority and is continuously elevating them from extinction through propagation.

BINHI success

The ongoing success of BINHI is in no small part due to another stakeholder, which is EDC’s strategic multi-sectoral partners. The company elevates these partnerships through the exchange of knowledge and information dissemination that seeks to enrich the science behind environmental conservation.

Among EDC’s most notable partnerships are with the Global Tree Assessment program of the International Union for Conservation of Nature through its secretariat, Botanic Gardens Conservation International; with the University of the Philippines Institute of Biology for EDC’s biodiversity and conservation monitoring program; and with the Philippine Eagle Foundation for the protection and propagation of the endangered national bird.

Last but not the least, all that EDC does is for the ultimate benefit and welfare of its energy consumers. Baseload geothermal or what the company refers to as “Geo 24/7,” as well as wind, solar and hydro power, provide an alternative choice for renewable and ecofriendly power for all Filipinos—increasingly so as modern technologies continue to make them more cost-efficient as well.

EDC’s unrelenting commitment to a regenerative and decarbonized energy future through collaborative partnerships seeks to illuminate this path for the entire planet to follow. This is our hope. This is our mission. (Story/Photos by: Atty. Allan Barcena)

More Filipinos receive Kapamilya love from ‘Pantawid ng Pag-ibig’

Published on Thursday, 20 August 2020 | Hits:348

More Filipinos receive Kapamilya love from ‘Pantawid ng Pag-ibig’

Kapamilya love reached more Filipinos as ABS-CBN Foundation Inc.’s (AFI) “Pantawid ng Pag-ibig: Isang Daan, Isang Pamilya” campaign distributed food packs and ligtas bags outside Metro Manila for those greatly

Mayors express gratitude wellness. to ABS-CBN, AFI

Published on Thursday, 18 June 2020 | Hits:365

Local government units (LGUs) found it challenging to quickly provide relief to families affected by the quarantine. That is why several mayors in Metro Manila and nearby provinces have expressed

‘Pantawid ng Pag-ibig’ gears up for 2nd phase

Published on Thursday, 18 June 2020 | Hits:321

‘Pantawid ng Pag-ibig’ gears up for 2nd phase

As Filipino families continue to struggle with the loss of jobs, ABS-CBN Foundation Inc. (AFI) moves to the second phase of the “Pantawid ng Pagibig” campaign with the aim of

Over 600,000 families to benefit as ‘Pantawid ng Pag-ibig’ raises P350M

Published on Tuesday, 19 May 2020 | Hits:390

Over 600,000 families to benefit as ‘Pantawid ng Pag-ibig’ raises P350M

The “Pantawid ng Pag-ibig” campaign of ABS-CBN and ABS-CBN Foundation Inc. (AFI) has raised P350 million in cash donations and pledges for the benefit of over 600,000 families in Metro

ABS-CBN reaches out to evacuees via ‘Tulong-Tulong sa Taal’

Published on Thursday, 06 February 2020 | Hits:336

ABS-CBN reaches out to evacuees via ‘Tulong-Tulong sa Taal’

NO evacuee will be left behind. This is the promise of ABSCBN as it launches the “Tulong-Tulong sa Taal” campaign, which aims to unite the nation in helping Filipinos affected

ABS-CBN Foundation Europe to hold telethon for London Grenfell Tower fire victims

Published on Friday, 23 June 2017 | Hits:3922

ABS-CBN Foundation Europe to hold telethon for London Grenfell Tower fire victims

ABS-CBN Foundation Europe CIO joins public and private support for the victims of the massive fire that hit the 24-storey residential London Grenfell Tower in West London on June 14

Donate to Operation Sagip Surigao to help earthquake victims

Published on Friday, 17 February 2017 | Hits:4261

Donate to Operation Sagip Surigao to help earthquake victims

A state of calamity has been declared by the Mayor of Surigao City. Relief and rescue operations are underway for the barangays that have been affected.

Bulusan workers turn to backyard farming for steady food supply

Published on Tuesday, 19 May 2020 | Hits:973

Bulusan workers turn to backyard farming for steady food supply

The Rural Workers Association of San Rafael (RWASR) based in Bulusan, Sorsogon, which runs Nasipit Eco-Agri Farm, has a simple message for their fellow Filipinos: “There is no problem we

‘Ligtas Pilipinas’ helps educate Filipinos on COVID-19

Published on Thursday, 16 April 2020 | Hits:904

‘Ligtas Pilipinas’ helps educate Filipinos on COVID-19

ABS-CBN helps arm Filipinos with relevant information to stop the spread of disease through its “Ligtas Pilipinas sa COVID-19” campaign on radio, TV and online.

ABS-CBN delivers protective gear, food to health workers

Published on Thursday, 16 April 2020 | Hits:1067

ABS-CBN delivers protective gear, food to health workers

HELP came through for health workers in East Avenue Medical Center after ABS-CBN delivered masks and other protective gear and snacks to show support and Kapamilya love to those leading

‘G Diaries’ bags academic excellence awards

Published on Monday, 09 March 2020 | Hits:752

‘G Diaries’ bags academic excellence awards

“Maraming, maraming salamat po sa award na ipinagkaloob ninyo sa amin. Alay namin ito sa kapatid kong si Gina Lopez,” said “G Diaries” host and Bantay Bata 163 executive director

Finally home

Published on Monday, 09 March 2020 | Hits:771

Finally home

She could hardly contain her joy and excitement when she saw her son walking towards her. She welcomed him with tight hugs and happy tears as a loving mother would

ALKFI renames building in honor of Gina Lopez

Published on Monday, 09 March 2020 | Hits:573

ALKFI renames building in honor of Gina Lopez

ABS-CBN Lingkod Kapamilya Foundation Inc. (ALKFI) renamed its building Gina Lopez Building in honor of its late chairperson and founder of ALKFI programs Bantay Bata 163 and Bantay Kalikasan.

Fighting child malnutrition with Alaska Milk

Published on Thursday, 06 February 2020 | Hits:752

Fighting child malnutrition with Alaska Milk

ACCORDING to UNICEF, 95 children in the Philippines die every day because of malnutrition. This is one of the reasons Alaska Milk Corporation supports the advocacy of ABS-CBN Lingkod Kapamilya

Bantay Bata, Globe activate #163 helpline for free

Published on Monday, 16 December 2019 | Hits:1231

Bantay Bata, Globe activate #163 helpline for free

IN 2015, Unicef and the Council for the Welfare of Children conducted the National Baseline Study on Violence Against Children in the Philippines, which indicated that eight out of 10

For the Love of Children

Published on Friday, 05 January 2018 | Hits:1254

For the Love of Children

  For the Love of Children For the Love of Children   These children live everyday making ends meet without losing hope that a better future awaits them. Together, let’s keep their hopes alive

New World Hotels & Resorts Hold Run & Raise 2018

Published on Wednesday, 20 December 2017 | Hits:1570

New World Hotels & Resorts Hold Run & Raise 2018

New World Hotels and Resorts gears up for another exciting edition of Run & Raise in 2018. Now on its fourth year, Run & Raise 4 will be held at

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HBS alumni get the ‘Kapamilya Experience’

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ABS-CBN’s Borlongan named Young Market Master awardee

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The Amazing Race Asia’s ‘Eruption,’ Maggie Wilson ready to meet fans in SKY alive! Mall tour

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EDC launches Green Bond Framework on its 45th anniversary

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Martin Lopez Vargas: He prefers to be anonymous

Martin Lopez Vargas: He prefers to be anonymous

Dear dairy: A milk lover’s guide to milk tea alternatives

Dear dairy: A milk lover’s guide to milk tea alternatives

LSS: Immersion in all things digital

LSS: Immersion in all things digital

Asian Eye earns platinum recognition from Accreditation Canada

Asian Eye earns platinum recognition from Accreditation Canada

For love of country, we are prepared to take action to make it better

For love of country, we are prepared to take action to make it better

SKYBIZ enhances e-learning with partnership program

SKYBIZ enhances e-learning with partnership program

One Music X fest set to rock Manila

One Music X fest set to rock Manila

Alan Supnet: Challenges drive this achiever toward excellence

Alan Supnet: Challenges drive this achiever toward excellence

More ABS-CBN programs air on TV5

More ABS-CBN programs air on TV5

Bantay Bata 163Corporate Social Responsibility the Lopez Way

Bayan Academy Calendar

BAYAN Academy offers the following certificate training courses this month:

June 18-19: Market Research

June 25-26: Human Resource Management For rates, call Carol Arcaya at 426-3140. Bayan Academy reserves the right to change course dates.

 

June 18-19:

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