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aboitiz equity ventures inc sustainability report

Aboitiz Equity Ventures (AEV) listed in the Philippine Stock Exchange (PSE) in 1994 as the public-held holding company of the Aboitiz Family. Through its ‘BetterWorld” campaign, Aboitiz’s sustainability program aims to increase awareness among stakeholders about its existing initiatives supporting the triple bottom line of people, planet, and profit. 2016 Aboitiz Integrated Annual Report  Integrated Management System (IMS) Policy. However, the page is accessible only to the Environmental Regulators (DENR EMB) and can be requested by the public upon the regulator’s approval. AboitizPower upholds the high P.E.R.F.O.R.M.A.N.C.E. Learn about the latest news, events, happenings and involvement of Aboitiz Power Corporation in the line of sustainability and renewable energy in this page. Aboitiz Equity Ventures, Inc. Through the years, the company has communicated its commitment and initiatives on corporate governance and sustainability to engage team members and external stakeholders. Meanwhile, the Group’s Consolidated Annual and Sustainability Report sets out its values and governance model and demonstrates the link between the Group’s strategy and its commitment to a sustainable global economy.  Through the consolidated report, Aboitiz is able to measure, understand, and communicate its economic, environmental, social and governance performance. Moving forward, it intends to carefully select projects that would help it reach its goal of achieving CSR 2.0. To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today. This ensures that the company, with its full operations, does not pose negative impacts to the environment and follows regulations wherever it operates. In 2015, AboitizPower signed The Manila Declaration and joined the Water Alliance. ... Aboitiz Equity Ventures, Inc. 's Management of ESG Material Risk is Average. ABOITIZ Equity Ventures, Inc.’s (AEV) net income in the first semester plunged by more than half as the global coronavirus pandemic continues to batter its businesses. Lists PHP 7.55 Billion Fixed Rate Bonds on PDEx Posted on: November 16, 2020 16 November 2020, Makati, Philippines — A returning issuer, Aboitiz Equity Ventures, Inc. (AEV), listed its PHP 7.55 Billion 3-year and 5-year Fixed Rate Bonds … LINK. To do this, we embody high P.E.R.F.O.R.M.A.N.C.E. In addition, the company also provides incentives for the achievement of organizational objectives and individual goals. It has been assigned by the Department of Environment and Natural Resources (DENR) as the Pawikan Rescue Center of Davao City. Annual Report 2019 117 We continue to be guided by our CSR 2.0 parameters to ensure that we achieve inclusive impact. The Aboitiz Group affirmed its commitment to good corporate governance, demonstrating business continuity amid the Coronavirus Disease 2019 (COVID-19) crisis with the staging of its listed companies Aboitiz Equity Ventures, Inc. (AEV) and Aboitiz Power Corporation (AboitizPower) annual stockholders’ meetings (ASMs), online for the first time. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products. As a general rule, employees are encouraged to accomplish their work assignments within their regular working hours. We invest in resources and implement relevant programs that are focused on attracting, optimizing, and retaining the right talent. The distribution utilities included: Visayan Electric Company, Inc., Davao Light and Power Company, Inc., Cotabato Light and Power Company, Subic EnerZone Corporation, Balamban EnerZone Corporation, Mactan EnerZone Corporation, LiMA EnerZone Corporation. Results of 2019 Occupational Health and Safety Monitoring: Aboitiz Equity Ventures (AEV) supports the Ten Principles of the United Nations Global Compact on human rights, labor, environment, and anti-corruption. With five generations of Aboitiz Group business success behind it, AEV is moving forward, pursuing its vision to be a truly sustainable enterprise that can be entrusted to future generations. The ongoing rehabilitation of Boracay’s Wetland #4 into Balabag Wetland Park — a joint project of DENR and Aboitiz — has completed a number of improvements at its interim phase. The Aboitiz Group affirmed its commitment to good corporate governance, demonstrating business continuity amid the Coronavirus Disease 2019 (COVID-19) crisis with the staging of its listed companies Aboitiz Equity Ventures, Inc. (AEV) and Aboitiz Power Corporation (AboitizPower) annual stockholders’ meetings (ASMs), online for the first time. Stock analysis for Aboitiz Equity Ventures Inc (AEV:Philippines) including stock price, stock chart, company news, key statistics, fundamentals and company profile. AboitizPower commits to protecting the environment by minimizing the negative impact of our activities through compliance with government regulations and third-party evaluations, reduction of carbon emissions, water and energy efficiency, proper waste management, and involving our employees in conservation efforts. FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Aboitiz Power Corporation has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. As part of its ISO 45001 Occupational Health & Safety‎ Certification, and ISO 14001 Environmental Management Systems Certification, the company ensures that there are programs in place for employees across all business units to have sufficient training and knowledge. AEV joins more than 930 international supporter organizations with a combined market capitalization of USD11 trillion that commit to developing voluntary and consistent climate-related financial risk disclosures. We expressed our intent to make the UN Global Compact and its principles part of the strategy, culture and day-to-day operations of our company, and to engage in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. Bitin, Bay, Laguna. The company abides by the applicable laws on lobbying interests in accordance with: Republic Act No. The latest iterations enabled customers to accomplish banking transactions without the need to visit branches.Â. AboitizPower follows its standardized guideline on solid waste management to include proper segregation, handling, storage, and disposal. Aboitiz InfraCapital Inc. continues to cement its position in the telecommunications industry by seeking to invest in the small cell network business. AboitizPower aims to achieve the following in terms of salary administration: internal equity, market competitiveness, increased performance and productivity, and compliance with laws and regulations. Aboitiz Equity Ventures 9. Aboitiz Power Corporation (AboitizPower) took the major lead in Aboitiz Equity Ventures, Inc.’s (AEV) record-breaking performance last year. The Aboitiz brand promise of advancing business and communities embodies the Group’s approach to sustainability—to look beyond profitability and towards standards that assess benefit, efficiency, and success in achieving stakeholder expectations. All Rights Reserved. 116 Aboitiz Equity Ventures Inc. The Group’s Internal Audit has adopted combined assurance and the Three Lines of Defense approach implemented across the Aboitiz Group. Dialogue and value creation for stakeholders. MANILA-- The Aboitiz Group, through its holding company Aboitiz Equity Ventures, Inc., is the first local supporter of the International Task Force on Climate-Related Financial Disclosures (TCFD) in line with its commitment to good corporate governance and sustainability practices. Some of these activities are made possible by our team member volunteerism and partnership with our host communities, government agencies, non-government organizations and people’s groups. Team members that work in customer and community-facing functions undergo training to fully embody the principles and processes of stakeholder relationship management (SRM) and communication. Celebrating diversity and inclusion in AboitizPower. Copyright 2019 Aboitiz. Guided by our value of integrity, we generate trust and sustain good relationships as we engage in meaningful value creation with our internal and external stakeholders – forging cooperation, partnerships, and common aspirations of a better future. Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. in 2019. Alliance Global Inc. Anglo Holdings A Anscor `A Asia Amalgamated A ATN Holdings A Ayala Corp `A BHI Holdings Inc. DMCI Holdings F&J Prince A Filinvest Dev. FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms that Aboitiz Power Corporation has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. 2 7,309 6,789 2,774 1,504 631 648 111 181 1H2013 1H2014 20% ... sustainability and diversified power generation technologies, among others. Aboitiz & Company; The Aboitiz Way; Our Businesses; Aboitiz Equity Ventures Inc. Our Leaders; Conglomerate Map; Map of Operations; Awards and Citations; Organizational Structure; Sustainability & CSR. This involves pollution control through clean-up, rehabilitation, conservation, and preservation. The Aboitiz Group’s corporate governance framework is rooted in its core values of integrity, teamwork, innovation and responsibility, which have been institutionalized in the respective Manuals, Code of Ethics, and key company policies and protocols.Â. Unless stated otherwise, you may access and download the materials located on the website only for personal, non-commercial use. At the foundation of everything that we do, we create an environment and build a culture centered on our core values of integrity, teamwork, innovation, and responsibility. Guided by our value of integrity, we generate trust and sustain good relationships as we engage in meaningful value creation with our internal and external stakeholders – forging cooperation, partnerships, and common aspirations of a better future. This guideline promotes environmentally-sound methods that maximize the utilization of valuable resources and encourages resource re-use, recycling, and recovery, as well as establishing community partnerships where practicable. In line with best practices, the Boards of Directors are responsible for establishing and monitoring the Group’s commitment to the principles embodied in environment, social and governance matters (ESG). Notes on Data Transparency: We expressed our intent to make the UN Global Compact and its principles part of the strategy, culture, and day-to-day operations of our company, and to engage in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. Aboitiz’s digital transformation journey identified key digital strategic objectives to grow the business. To view the Code of Ethics and Business Conduct of Aboitiz Equity Ventures, click, The entire Rights of Shareholders can be read, In a testament to this commitment, AEV has signed on as the first Philippine company to support the. We can do well by doing good, by always making the right long-term decisions that balance the interests of people, planet, and profit. Sustainability Report. Talent attraction (recruitment), optimization, and retention. This year’s ASMs were held last April … Learn more about how the company, through its strategic business units, is advancing business and communities by visiting our official news website, Aboitiz Eyes . Aboitiz Equity Ventures, Inc. Disclosure Date : Apr 15, 2016. In line with our carbon emissions reduction and commitment to improving climate change resilience, the company and its subsidiaries have implemented various initiatives and activities that promote biodiversity and environmental conservation. In 2017, the Bank invested in designing and developing the UnionBank Online platform to bring about a seamless and delightful banking experience. Aboitiz Equity Ventures (AEV) supports the. In celebration of Pride Month, a Pride Forum and movie screening were organized to promote the inclusivity of the LGBTQ+ community in the organization. Lost Time Incident (LTI) is work-related injury or illness that results in the inability of the injured employee to report to work and perform his or her normal job functions. Average. After the prodigious increase in our power generating capacity in the past few years, 2010 was about putting those assets to work and selling the generated energy. Companies listed are operational facilities as of end 2019. Through the years, the company has communicated its commitment and initiatives on corporate governance and sustainability to … Data includes Carbon dioxide, Methane & Nitrous oxide emissions. The A-Park program is part of the Group’s carbon management program that commits to plan ng 9 million trees by 2020. Key subject matter experts from different industries were invited to share their experiences and learnings, Forging the Aboitiz Group’s value of Innovation and AboitizPower’s Owner Mindset, the Inyovation program encouraged team members to initiate developments in their processes to improve productivity and efficiency; increase customer satisfaction; enhance a current process, system, or service; reduce costs; or contribute to sustainability.Â. We introduced the Digital DNA program to better equip team members with modern tools and progressive practices. “AEV, being the first Philippine company to express support for the TCFD, is committed to strengthening […] (Biodiversity Initiatives and Environmental Improvement Initiatives), Installation of pollution control devices, Since 2015, AboitizPower has been using the. Aboitiz Equity Ventures, Inc., through its subsidiaries, engages in power generation and distribution, financial services, food manufacturing, and transportation businesses in the Philippines. Partner with communities to promote inclusive growth. Aboitiz Equity Ventures, Inc. (AEV) is the publicly listed holding and investment company of the Aboitiz Group with major investments in power, banking, food, land development, and biofuel. Using agile principles, a minimum viable product of the app was launched with key features such as self-service sign-up, viewing of all accounts and transactions, fund transfer to UnionBank and other local bank accounts, and bills payment. Corporate social responsibility (CSR) and Environment, Social, Governance (ESG) sustainability data for Aboitiz Equity Ventures Inc., Conglomerates and Philippines. A single accident can give rise to several lost workday cases, depending on the number of people injured as a result of that accident. Total No. Company: Aboitiz Equity Ventures Inc. Report Date: 15 November 2018 Aboitiz Power Corporation (AP) furnished the Philippine Dealing & Exchange Corp. (PDEx) a copy of its SEC Form 23-B (Statement of Changes in Beneficial Ownership of Securities), which reported Aboitiz Equity Ventures Inc.’s (AEV) shareholdings in AP as of November 2018. AEV is recognized as one of the best-managed companies in the Philippines and in the region, and is acknowledged for its good corporate governance. All Rights Reserved. Cascade of Philippine laws that relate to diversity and inclusion. From 14.9% in 2018, AEV measured a 13% in ROE in 2019. Music and Arts Festival was held to exhibit the works of Philippine artists and photographers which highlight diversity and inclusion. In the years that followed, UnionBank continued to enhance the platform’s functionalities by adding CX-driven features like digital account opening, online check deposit and unit investment trust fund account viewing while ensuring the stability and security of the app. Address: 4F 6750 Office Tower, Ayala Avenue, Makati City Philippines... Statistics include activities of organic and contracted personnel subsidiaries have all secured ISO 14001:2015 management. Political organizations whose role is to influence political campaigns or legislative activities casualties disaster..., which consists of three brainstorming and ideation workshops encourages team members and external.! 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