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Environment:
Net Zero by 2050
ACEN recognizes its role to help conserve the environment as it aspires to be a Net Zero company by 2050.
ACEN’s commitment to the environment is built on three focus areas: Climate Change, Biodiversity, and Resource Efficiency. Through these three focus areas, ACEN aims to manage its key environmental impacts and help address the urgent issue of climate change.
We are aligned with the global movement for climate action as to help secure the future from the threats brought about by climate change.
Guided by the company’s Environmental & Social (E&S) Policy, we are committed to protecting and conserving biodiversity throughout the lifecycle of its power plants.
We create opportunities to lower our environmental footprint through reduction and recirculation of natural resources used throughout the life cycle of our plants.
Businesses, investors, academics, civil, and social representatives collaborate to develop resources to advance social equity while meeting environmental goals.
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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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Together with the Ayala group, ACEN is committing to achieve net zero greenhouse gas emissions by 2050, as announced by its Chairman Fernando Zobel de Ayala during the group’s Integrated Corporate Governance, Risk Management, and Sustainability Summit .
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Announced at the Ayala Sustainability Summit last week was the climate initiative collaboration between Ayala’s energy and real estate businesses, a significant milestone toward the group’s collective Net Zero ambition by 2050.
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ACEN’s Guimaras Wind Corporation (GWC) partnered with the Municipality of Dumangas to lead a pioneering coastal project with the goal of rehabilitating over 90 hectares of fish sanctuary and installing over 200 artificial reefs along the Dumangas Strait.
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ACEN, through its wholly-owned subsidiary, AC Renewables International (ACRI), has obtained board approval* to enter into a joint venture with NEFIN Holding Limited (NEFIN), a leading solar photovoltaic developer and investor in carbon neutrality solutions.
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AC Energy has piloted the circularity approach in its 120 MW solar plant in Alaminos, Laguna construction site, diverting away from landfills a total of 32,540 kg of plastic collected from the solar panel packaging materials.
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AC Energy’s latest environmental and social programs in Western Visayas anchored on marine life protection and community development demonstrates the company’s pursuit to create sustainable, tangible and long-term impact to its stakeholders, the community and the environment.
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AC Energy, through its wind farms in Ilocos Norte, North Luzon Renewables and NorthWind, has taken significant strides in boosting its turtle conservation program within its host communities by recently partnering with the Marine Wildlife Watch of the Philippines.
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To help protect the Calatagan coastline in Batangas, South Luzon Thermal Energy Corporation (SLTEC) has collaborated with the DENR to support and monitor the growth of a 10-hectare mangrove plantation in the province.
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Ayala Corporation’s power arm, AC Energy, has started to integrate a circular approach in its renewable energy developments to help reduce the environmental impact in its construction sites and its host communities.
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A Hawksbill sea turtle classified as endangered was released in Ayoyo Cove in Pagudpud after being accidentally caught in the net of local fishermen on Tuesday night.
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Makati 1226 Philippines
Tel: +(632) 7-730-6300
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