However, the page is accessible only to the Environmental Regulators (DENR EMB) and can be requested by the public upon the regulator’s approval. MANILA, Philippines — Aboitiz Equity Ventures Inc. (AEV) announced Tuesday a plan to raise P5 billion through a new round of retail bonds sale to repay company debts falling due soon. 2016 Aboitiz Integrated Annual Report All materials on this website are protected by copyright and intellectual property laws and are the property of The Philippine Stock Exchange, Inc. Competitions that celebrate the diversity of employees at AboitizPower. The company abides by the applicable laws on lobbying interests in accordance with: Republic Act No. 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. AboitizPower is committed to mitigating its occupational health and safety (OH&S) risks and eliminating hazards to provide a safe and healthy work environment for our people and partners. roviding a venue for our employees to develop skills and strengthen collaboration; nsuring to protect the environment by minimizing the negative impact of our activities and ; educing OH&S risks and eliminating hazards to provide a safe and healthy work environment for our people and partners; acilitating the management of the whole lifecycle of power assets; perating and maintaining power systems to optimize the overall economic return of our investment; egularly reviewing, testing, and updating business continuity plans to ensure continuity of our operations; anaging risks and opportunities, and implementing controls in our processes and systems; ssuring the availability, confidentiality, integrity, and protection of information assets and information processing systems; urturing, protecting, and continuously building relationships with our stakeholders; omplying with the organization’s obligations and managing its compliance risk, and; nsuring that we continually improve our processes and systems. It was one of its first leaders, Don Ramon Aboitiz, who started corporate philanthropy through donations to various groups and needing communities, as well as looking after the welfare of his employees. Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. , micro, small and medium enterprises (MSMEs) conduct business continuity planning (BCP) to strengthen community enterprise and to reduce their vulnerability to the impacts of unforeseen events, including major emergencies and disasters. As a general rule, employees are encouraged to accomplish their work assignments within their regular working hours. Communities are taught to be climate-resilient, identifying risks and vulnerabilities and developing long- term strategies to reduce risk and future losses on livelihood, human settlements, and resources. The company in its conduct of business does not provide any monetary contributions for the following activities:  1. Aboitiz Equity Ventures, Inc. – Mergers & Acquisitions (M&A), Partnerships & Alliances and Investment Report Summary Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage. 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. Cascade of Philippine laws that relate to diversity and inclusion. All Rights Reserved. Sustainability at Aboitiz Over the years, sustainability has been our ubiquitous term in covering our environmental management, labor practices, social responsibility, and fair and ethical governance in our business ventures. 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. Unless stated otherwise, you may access and download the materials located on the website only for personal, non-commercial use. 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. This is a 240% increase in water recycled than the previous year. From 14.9% in 2018, AEV measured a 13% in ROE in 2019. The Group promotes inclusive growth by enriching people’s lives especially in communities where its businesses operate as part of its mission of creating long-term value for all its stakeholders. 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. This legacy of sharing has been instilled and passed on through generations of its corporate history. AEV recorded a consolidated net income (NIAT) of Php 22.0 billion in 2019. On top of that, the Groupâs partnership with Ramon Aboitiz Foundation Inc. (RAFI) planted 11,670,747 trees. Sustainability Report. Aboitiz Equity Ventures, Inc. (AEV) began reporting its sustainability initiatives from a group perspective in 2009. The Aboitiz brand promise of advancing business and communities embodies the Groupâs approach to sustainabilityâto look beyond profitability and towards standards that assess benefit, efficiency, and success in achieving stakeholder expectations. Corporate social responsibility (CSR) and Environment, Social, Governance (ESG) sustainability data for Aboitiz Equity Ventures Inc., Conglomerates and Philippines. 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. 1827 “An Act to Regulate Lobbying in the Congress of the Philippines and in the Commission on Appointments”, Republic Act 11232 “Act Providing for the Revised Corporation Code of the Philippines” and the Omnibus Election Code of the Philippines. Innovation Week gathered all Aboitiz business units to showcase outstanding digital projects and to foster collaboration on improving various initiatives. Learn more about how the company, through its strategic business units, is advancing business and communities by visiting our official news website, Aboitiz Eyes . Enhance overall long-term effectiveness of the organization. Talent attraction (recruitment), optimization, and retention. Find the latest Earnings Report Date for Aboitiz Equity Ventures Inc. ADR (ABTZY) at Nasdaq.com. AboitizPower began reporting its sustainability initiatives from a group perspective in 2009. Contractors are covered by virtue of AboitizPower’s “prevailing influence”. Equity Ventures MINUTES OF THE ANNUAL STOCKHOLDERS' MEETING OF ABOITIZ EQUITY VENTURES, INC. (the "Company", "AEV") HELD AT THE GRAND BALLROOM, CEBU CITY MARRIOTT HOTEL CEBU CITY ON MAY 17,2010 AT 4:00P.M. We partnered with the Climate Change Commission in conducting trainings on Local Climate Change Action Planning to increase capacities of local municipalities. 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. Bitin, Bay, Laguna. In one facility alone, 45 different species of birds were spotted and identified, five sea turtle nests have been discovered, and live coral cover around the facility increased from 16% in 2013 to 30% in 2018. 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. AboitizPower commits to providing reliable power supply to enhance customer satisfaction. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. The Aboitiz Group, through holding company Aboitiz Equity Ventures Inc., emerged as the first local supporter of the International Task Force on Climate-Related Financial Disclosures in line with its commitment to good corporate governance and sustainability practices. 2018 Aboitiz Integrated Annual Report. Generation units included the following: AP Renewables, Inc, San Carlos Sun Power, Inc., Luzon Hydro Corp., Hedcor, Inc., Hedcor Sibulan, Inc., Hedcor, Tudaya, Inc., Hedcor Sabangan, Inc., Hedcor Bukidnon, Inc., Therma Marine, Inc., Therma Mobile, Inc., Therma South, Inc., East Asia Utilities Corporation, Cebu Private Power Corporation, SN Aboitiz Power Magat, Inc. and SN Aboitiz Power Benguet, Inc. Since the late 1980s, its initiatives have evolved from a CSR 1.0, which involves simple philanthropic activities, to a CSR 2.0, which engages projects that are more sustainable for its beneficiaries and at the same time aligned with its businesses. In 2019, the total water consumption of the company amounted to 691,784 cubic meters. However, the page is accessible only to the Environmental Regulators (DENR EMB) and can be requested by the public upon the regulator’s approval. In line with best practices, the Boards of Directors are responsible for establishing and monitoring the Groupâs commitment to the principles embodied in environment, social and governance matters (ESG). and Republic Act 6969 Toxic Substances and Hazardous and Nuclear Wastes Control Act of 1990. Thus in 1988, the Aboitiz Group established the Aboitiz Foundation (Foundation) as its corporate foundation to address the social and economic development needs of marginalized members of society. In 2015, AboitizPower signed The Manila Declaration and joined the Water Alliance. Corporate Journey; Governance Practices; The Management Team 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. Aboitiz Equity Ventures Inc. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. in 2019. This year’s ASMs were held last April … We introduced the Digital DNA program to better equip team members with modern tools and progressive practices. AEV supports the Ten Principles of the United Nations Global Compact on human rights, labor, environment, and anti-corruption. reinventing our business models while looking for opportunities to improve our revenue streams; embedding emerging and relevant technologies, data and analytics to improve operational efficiencies and decision-making process; creating an agile workplace to improve collaboration and productivity of our A-People; and, equipping our team members with the right tools to continuously deliver value to our stakeholders. Since the approval of the Amended Code, directors, officers, team leaders, and team members review and affirm their personal commitment to the Code by signing the Personal Commitment Form on an annual basis. Anticipating business disruptions, building organization capability, and the future workforce to support enterprise long-term strategy, and mitigating talent management risk, are just some of the realities we all are facing today. 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. In one facility alone, 45 different species of birds were spotted and identified, five sea turtle nests have been discovered, and live coral cover around the facility increased from 16% in 2013 to 30% in 2018. Stakeholders must be treated with fairness. Download the 2016 Annual Reports. Through the Cooperative Business Continuity Plan, micro, small and medium enterprises (MSMEs) conduct business continuity planning (BCP) to strengthen community enterprise and to reduce their vulnerability to the impacts of unforeseen events, including major emergencies and disasters. Find the latest Earnings Report Date for Aboitiz Equity Ventures Inc. ADR (ABTZY) at Nasdaq.com. 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