In March 2020, ACEN announced the board approval of its E&S Policy, incorporating sustainability in its business and organization. At the core of the policy is the company’s transition to a low carbon portfolio and divestment of its coal plants by 2030.
ACEN is an investor, developer and operator of power generation assets in the Philippines and Asia Pacific region. The company provides reliable and affordable power across multiple markets and is in the process of expanding its renewable energy capacity in the region.
ACEN aligns itself with the United Nations Framework Convention on Climate Change and the Paris Agreement on reducing global carbon emissions to limit global temperature increase to well below 2 degrees Celsius. Consistent with the Ayala group’s commitment to the UN Sustainable Development Goals, ACEN is additionally focused on protecting the wider environment and creating value for the communities it serves. This policy statement serves to guide ACEN’s priority environmental and social goals through 2030.
ACEN will take measures to prevent, minimize and control its direct greenhouse gas (GHG) emissions and will transition to a low carbon portfolio by 2030. This will be made possible by scaling up renewable energy investments, leveraging new technologies such as energy storage, and limiting thermal energy production.
Long Term Portfolio Mix Roadmap
By 2020: Renewables will reach 1GW of capacity and account for at least 30% of energy output
By 2025: Renewables will reach 5GW of capacity and account for at least 50% of energy output
By 2030: Portfolio will be predominantly renewables and coal assets will be divested
ACEN is committed to protecting and conserving biodiversity, maintaining ecosystem services, and adequately managing living natural resources throughout the lifecycle of its power plants.
Forests/ Land Conversion
Water Resources and Aquatic Habitats
ACEN is committed to protecting communities, including indigenous populations and vulnerable populations, that are affected by its operations.
35F Ayala Triangle Gardens Tower 2
Paseo de Roxas cor. Makati Avenue
Makati 1226 Philippines
Tel: +(632) 7-730-6300
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