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Environment
Being at the forefront of the energy transition we are accelerating our renewables expansion to meet our climate goals, with the goal to become a 100 percent renewable energy company by 2025. We are on track to develop, operate, and own 20 GW of renewables capacity by 2030 and commit to achieve net zero greenhouse gas emissions by 2050.
We are setting the benchmark in environmental management through the protection and conservation of biodiversity and the sustainability of ecosystem throughout the lifespan of our power plants, recognizing these as critical elements in combating climate change.
We are firmly committed to advancing global climate action, positioning ourselves as one of the leaders in renewable energy across the region.
Biodiversity is an important cornerstone
in our efforts to combat climate change, fostering meaningful and positive impacts with our host communities.
We continue to look for opportunities
to lower our environmental footprint through the reduction and recirculation of resources.
ACEN is the first energy company in Southeast Asia to take this critical step towards achieving Net Zero, providing an accountable and transparent framework for monitoring progress.
At the COP28 in Dubai, we made new partnerships that will help us accelerate our energy transition.
ACEN Corporation and The Rockefeller Foundation announced that the first Coal to Clean Credit Initiative (CCCI) pilot project under consideration in the Philippines could avoid up to 19 million tons of carbon dioxide (CO2) emissions.
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ACEN has elevated its commitment to environmental stewardship by securing a “B” rating for its climate change disclosure through CDP, a global non-profit that runs the world’s leading environmental disclosure platform.
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For the first time ever, signatories of the United Nations Framework Convention on Climate Change (UNFCCC) penned an agreement to “transition away from fossil fuels in energy systems, in a just, orderly and equitable manner.”
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ACEN announced the launch of its Just Energy Transition (JET) Roadmap for the 246 MW South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant at the 2023 United Nations Climate Change Conference in Dubai, UAE.
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ACEN announced its membership with the Powering Past Coal Alliance (PPCA), the first and only global coalition of national, sub-national governments, and private businesses striving to transition from unabated coal power generation to cleaner, renewable energy sources.
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ACEN announced its partnership with The Rockefeller Foundation’s Coal to Clean Credit Initiative (CCCI) and the Monetary Authority of Singapore (MAS) to explore a major step towards accelerating the phase-out of coal plants in line with the Paris Agreement.
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ACEN is the first energy company in Southeast Asia to take this critical step towards achieving Net Zero, providing an accountable and transparent framework for monitoring progress.
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ACEN, the energy platform of the Ayala Group, disclosed today the full divestment of the South Luzon Thermal Energy Corporation (SLTEC) coal plant using the energy transition mechanism (ETM), the first ETM deal in the world. The landmark transaction will enable the early retirement of the 246 MW coal plant in Batangas, Philippines.
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Businesses, investors, academics, civil, and social representatives collaborate to develop resources to advance social equity while meeting environmental goals.
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In this film from the new series #HumanisingEnergy presented by World Energy Council and produced for us by BBC StoryWorks, we show an inspiring example of how a lasting energy transition is intertwined with the larger community to which we operate — a compelling story of collaboration and innovation that is redefining the future of energy in the Asia Pacific.
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ACEN remains steadfast in its commitment to sustainability, bolstered by more robust environmental and social initiatives that foster shared value with the community alongside its energy transition endeavors.
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Makati 1226 Philippines
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