We place ESG and sustainability
at the heart of what we do –
for future generations

Our sustainability strategy

POSITIVE CHARGE ICON

To unlock access to clean, reliable, and affordable renewable energy—while enabling a just and orderly transition.

As ACEN scales its renewable energy portfolio, sustainability remains central to how we grow, operate, and create long-term value.

PositiveCharge+ ensures that the transition to clean energy is delivered responsibly, inclusively, and with discipline, going beyond capacity growth to managing environmental impacts, supporting communities and workers, and strengthening governance across the asset lifecycle.

Through three integrated pillars—Protect+Sustain, Unite+Thrive, and Influence+Innovate—we translate ambition into action.

In a year defined by execution—on time, on budget, and safely—PositiveCharge+ reinforces that how we deliver is as important as what we build.

Together, these pillars enable ACEN to scale renewable energy responsibly, manage risks effectively, and lead the transition in a way that creates long-term value for stakeholders.

Three pillars. One integrated strategy.

Protect and sustain

Environmental stewardship at scale

We manage environmental impacts across the asset lifecycle—ensuring that renewable energy growth is aligned with climate action, biodiversity protection, and responsible resource use.

  • Climate and carbon management
  • Biodiversity and ecosystem protection
  • Resource efficiency and circularity
positive charge envi
unite and thrive

Enabling a just and inclusive transition

We work with our people, partners, and communities to ensure that the energy transition is inclusive, equitable, and beneficial to all stakeholders.

  • Safe, healthy, and inclusive workplaces
  • Community engagement
    and development
  • Just Energy Transition initiatives
positive charge social
influence and innovate

Shaping systems, markets, and solutions

e shape policies, markets, and financial mechanisms that accelerate the energy transition—while upholding strong governance and ethical business practices.

  • Sustainability governance structure
  • Policy and management systems
  • Risk management
positive charge gov

Leading the transition

ACEN is advancing market-based Energy Transition Mechanisms (ETM) to enable the early retirement of coal—demonstrating how decarbonization can be both responsible and investable, while supporting a just and orderly transition.

OUR SUSTAINABILITY STRATEGY

Positive charge mobile logo up

To unlock access to clean, reliable, and affordable renewable energy—while enabling a just and orderly transition.

As ACEN scales its renewable energy portfolio, sustainability remains central to how we grow, operate, and create long-term value.

PositiveCharge+ ensures that the transition to clean energy is delivered responsibly, inclusively, and with discipline, going beyond capacity growth to managing environmental impacts, supporting communities and workers, and strengthening governance across the asset lifecycle.

Through three integrated pillars—Protect+Sustain, Unite+Thrive, and Influence+Innovate—we translate ambition into action.

In a year defined y execution—on time,
on budget, and safely PositiveCharge+ reinforces that how we deliver is as important as what we build.

Together, these pillars enable ACEN to scale renewable energy responsibly, manage risks effectively, and lead the transition in a way that creates long-term value for stakeholders.

Three pillars.
One integrated strategy.

Protect and sustain

Environmental stewardship at scale

We manage environmental impacts across the asset lifecycle—ensuring that renewable energy growth is aligned with climate action, biodiversity protection, and responsible resource use.

  • Climate and carbon management
  • Biodiversity and ecosystem protection
  • Resource efficiency and circularity
positive charge envi
unite and thrive

Enabling a just and inclusive transition

We work with our people, partners, and communities to ensure that the energy transition is inclusive, equitable, and beneficial to all stakeholders.

  • Safe, healthy, and inclusive workplaces
  • Community engagement and development
  • Just Energy Transition initiatives
positive charge social
influence and innovate

Shaping systems, markets, and solutions

We shape policies, markets, and financial mechanisms that accelerate the energy transition—while upholding strong governance and ethical business practices.

  • Sustainability governance structure
  • Policy and management systems
  • Risk management
positive charge gov

Leading the transition

ACEN is advancing market-based Energy Transition Mechanisms (ETM) to enable the early retirement of coal—demonstrating how decarbonization can be both responsible and investable, while supporting a just and orderly transition.

Sustainability highlights

~20.5 million tCO2e

Emissions avoided from renewables surpassed Scope 1 emissions in 2022, reflecting ACEN’s transition to a fully renewable portfolio

Established a board-approved Health and Safety Management System Framework, enabling a structured approach to managing health and safety risks

Safety training hours

~73,600

Up by 70% from 2024, reinforcing awareness of health and safety practices

Sustainable
Workplace Award

Recognized by HR Asia for our commitment to environmental responsibility and a culture of sustainability

Gender diversity

43% women in leadership roles

and 48% women across all levels

Corporate governance

4 Golden
Arrows

Awarded by the Institute of Corporate Directors at the 2025 ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards for the third consecutive year

TIME Companies APAC 2026 Logo basic

Achieved circularity certification for Stubbo Solar, the first large-scale solar project to receive this recognition from the Circular PV Alliance in Australia

Pledged support to Department of Environment and Natural Resources’

5 million trees

by 2028 target

Investments in sustainability programs

~₱223 milion

Benefitting ~66,300 individuals
and ~19,600 families

Employee engagement score

92 out of 100

We exceeded the Willis Towers Watson Global High Performance norm

ESG RATINGS
Progress compared to baseline score

ESG rating as of 0416 2026

CDP: Climate Change score, Sustainalytics: Improved rating from high risk to medium risk

Sustainability highlights

~20.5 million tCO2e

Emissions avoided from renewables surpassed Scope 1 emissions in 2022, reflecting ACEN’s transition to a fully renewable portfolio

Established a board-approved Health and Safety Management System Framework, enabling a structured approach to managing health and safety risks

Safety training hours

~73,600

Up by 70% from 2024, reinforcing awareness of health and safety practices

Sustainable
Workplace Award

Recognized by HR Asia for our commitment to environmental responsibility and a culture of sustainability

Gender diversity

43% women in leadership roles

and 48% women across all levels

Corporate governance

4 Golden
Arrows

Awarded by the Institute of Corporate Directors at the 2025 ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards for the third consecutive year

TIME Companies APAC 2026 Logo basic

Achieved circularity certification for Stubbo Solar, the first large-scale solar project to receive this recognition from the Circular PV Alliance in Australia

Pledged support to Department of Environment and Natural Resources’

5 million trees

by 2028 target

Investments in sustainability programs

~₱223 milion

Benefitting ~66,300 individuals
and ~19,600 families

Employee engagement score

92 out of 100

We exceeded the Willis Towers Watson Global High Performance norm

ESG RATINGS
Progress compared to baseline score

ESG rating as of 0416 2026

CDP: Climate Change score, Sustainalytics: Improved rating from high risk to medium risk

Our materiality process

To determine economic, environmental, social and governance issues that are important to ACEN and our stakeholders, we conducted a series of materiality exercises in collaboration with an external consultant and business unit heads. identifying topics that are important to ACEN both financially and from an external impact perspective.

Our material ESG issues were updated to reflect our engagements with investors, rating institutions, and other stakeholder concerns regarding ESG. This was supplemented by research activities on the latest developments around sustainability reporting frameworks and industry-specific sustainability issues. Roadshows were also conducted with our leadership team and the board-level Sustainability Committee to validate our material ESG issues and identify strategic action plans around key ESG issues moving forward.

We conduct the materiality process every 1-2 years to ensure that material ESG topics and our ESG strategy are continuously updated to ensure relevance to our stakeholders.

ACEN’s material issues

Environment

1

Air pollution

2

Biodiversity

3

Circular economy

4

Climate risks and opportunities

5

Energy efficiency and carbon reduction

6

Environmental policy & certifications

7

Waste management

8

Water management

Social

9

Customers

10

Human capital management

11

Human rights

12

Local communities

13

Occupational health and safety

14

Supply chain sustainability

Economic/Governance

15

Business ethics & good governance

16

Energy infrastructure

17

Innovation, digitalization, cybersecurity

18

Sustainable finance


Our ESG Policy

Monsoon Wind in Laos

Paving the way to integrate sustainability in the way we work and influence our decision-making on strategy, capital allocation, operations, governance, and culture is our ESG Policy, with the aim to deliver long-term value for all our stakeholders.

As part of our sustainability commitment, we implement the Environmental and Social Management System (ESMS) to manage E&S risks and impacts throughout the life cycle of our projects. Through the ESMS, we are able to identify and assess E&S risks to develop appropriate action plans and mitigation measures.

Our ESMS Process

We proactively manage environmental and social (E&S) risks and opportunities through a strengthened Environment and Social Management System (ESMS).

In 2025, we aligned the ESMS more clearly to the full project lifecycle—from early area due diligence and site finalization through construction, operations, and periodic reviews—to ensure safeguards are embedded at key decision points and maintained over time.
Our enhanced ESMS provides a lifecycle- based framework that guides teams through systematic risk identification, meaningful stakeholder engagement, development

of appropriate management plans, and structured approvals and monitoring. This approach strengthens consistency across projects to ensure safeguards are effectively applied from planning through operations.

1

STEP 1:
Initial assessments of the
identified location

2

STEP 2:
Land acquisition​

STEP 3:
Project planning

3

STEP 4:
E&S risk assessment

4

STEP 5:
Develop E&S action plan

5

STEP 6:
Project approval

STEP 7:
Start of project development

5

STEP 8:
Implement and monitor the E&S management plan