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. The event also included performances by different musical acts in the company, who played songs that celebrate individuality. We invest in resources and implement relevant programs that are focused on attracting, optimizing, and retaining the right talent. The rights of shareholders are of paramount importance in the AEV By-laws, Codes of Ethics, and Manuals. The goal is to ensure the protection of shareholder interests and concerns through the free exercise of shareholder rights. Among the rights of these shareholders, regardless of the number of shares they own, are to receive notices of and to attend shareholdersâ meetings; to participate and vote on the basis of the one-share, one-vote policy; nominate and elect Board members (including via cumulative voting); inspect corporate books and records; vote in person or in absentia through a proxy; receive dividends, and ratify corporate action. Talent attraction (recruitment), optimization, and retention. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. We expressed our intent to make the UN Global Compact and its principles part of the strategy, culture, and day-to-day operations of our company, and to engage in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. In support of the triple bottom line, the Group identified focus areas where it can make the biggest difference with the intent of establishing measurable objectives, defining and setting achievable targets, and tracking them year on year. 2016 Aboitiz Integrated Annual Report Aboitiz & Company; The Aboitiz Way; Our Businesses; Aboitiz Equity Ventures Inc. Our Leaders; Conglomerate Map; Map of Operations; Awards and Citations; Organizational Structure; Sustainability & CSR. MANILA-- The Aboitiz Group, through its holding company Aboitiz Equity Ventures, Inc., is the first local supporter of the International Task Force on Climate-Related Financial Disclosures (TCFD) in line with its commitment to good corporate governance and sustainability practices. Furthermore, the policy will be communicated within the organization and will be made available to interested parties. AboitizPower aims to achieve the following in terms of salary administration: internal equity, market competitiveness, increased performance and productivity, and compliance with laws and regulations. AboitizPower, headed by its Legal team, formalized its efforts to promote and raise awareness on diversity and inclusion within the company 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. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. In addition, some financial ratios derived from these reports are featured. Conservation Initiatives (Biodiversity Initiatives and Environmental Improvement Initiatives). 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. Guided by our value of integrity, we generate trust and sustain good relationships as we engage in meaningful value creation with our internal and external stakeholders â forging cooperation, partnerships, and common aspirations of a better future. This legacy of sharing has been instilled and passed on through generations of its corporate history. Over the past years, The Foundation has been committed to its mission of helping people help themselves and pursuing its vision to be the neighbor of choice. The Aboitiz Group is using the integrated format to corporate reporting, consolidating the reports of Aboitiz Equity Ventures, Inc., Aboitiz Power Corporation, and Aboitiz Group Sustainability. This is a 240% increase in water recycled than the previous year. of Common Shares Outstanding and Entitled to Vote Stockholders Present in Person (Common Shares) Lists PHP 7.55 Billion Fixed Rate Bonds on PDEx Posted on: November 16, 2020 16 November 2020, Makati, Philippines — A returning issuer, Aboitiz Equity Ventures, Inc. (AEV), listed its PHP 7.55 Billion 3-year and 5-year Fixed Rate Bonds on the Philippine Dealing & Exchange Corp. (PDEx). Our stakeholder engagement process keeps up with the times by maximizing the many communication avenues available today and sharing the best practices internally. The latest iterations enabled customers to accomplish banking transactions without the need to visit branches. Aboitiz Power provides a detailed sustainability report concerning its efforts on corporate social responsibility and other relevant information in this page. Forging the Aboitiz Group’s value of Innovation and AboitizPower’s Owner Mindset, the Inyovation program encouraged team members to initiate developments in their processes to, improve productivity and efficiency; increase customer satisfaction; enhance a current process, system, or service; reduce costs; or contribute to sustainability.Â. All Environmental Impact Assessment (EIA) reports of AboitizPower are submitted to the Department of Environment and Natural Resources (DENR) – Environmental Impact Assessment & Monitoring Division, Environmental Management Bureau (EMB). The company prohibits the influence of any legislators or committees of Congress, to pass or defeat legislation that may be beneficial or in favor of the company, in exchange for money or property. Using agile principles, a minimum viable product of the app was launched with key features such as self-service sign-up, viewing of all accounts and transactions, fund transfer to UnionBank and other local bank accounts, and bills payment. 2 7,309 6,789 2,774 1,504 631 648 111 181 1H2013 1H2014 20% ... sustainability and diversified power generation technologies, among others. The information enables us to set priorities and take any necessary actions. “The Aboitiz Group stands behind this national collaborative effort to protect Filipinos from COVID-19 while ensuring that we keep our economy running. The entire Rights of Shareholders can be read here. Sustainability Report The Aboitiz Group is using the integrated format to corporate reporting, consolidating the reports of Aboitiz Equity Ventures, Inc., Aboitiz Power Corporation, and Aboitiz Group Sustainability. Company: Aboitiz Equity Ventures Inc. Report Date: 15 November 2018 Aboitiz Power Corporation (AP) furnished the Philippine Dealing & Exchange Corp. (PDEx) a copy of its SEC Form 23-B (Statement of Changes in Beneficial Ownership of Securities), which reported Aboitiz Equity Ventures Inc.’s (AEV) shareholdings in AP as of November 2018. AboitizPower statistics include activities of organic and contracted personnel. 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. 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. 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. consists of three brainstorming and ideation workshops encourages team members to generate ideas in optimizing business processes and technology. Furthermore, the company ensures that all hazardous waste generated within the facilities are properly identified, labeled, and handled to avoid adverse impact on human health and the environment. LINK. 2 7,309 6,789 2,774 1,504 631 648 111 181 1H2013 1H2014 20% ... sustainability and diversified power generation technologies, among others. We have translated sustainability into our brand promise of advancing business and communities. Team members that work in customer and community-facing functions undergo training to fully embody the principles and processes of stakeholder relationship management (SRM) and communication. In a statement on Wednesday, the infrastructure arm of listed Aboitiz Equity Ventures Inc. (AEV) said this new venture would complement its common tower business and support telco carriers’ target to ramp up […] After the prodigious increase in our power generating capacity in the past few years, 2010 was about putting those assets to work and selling the generated energy. Aboitiz Equity Ventures (AEV) listed in the Philippine Stock Exchange (PSE) in 1994 as the public-held holding company of the Aboitiz Family. Through the years, the company has communicated its commitment and initiatives on corporate governance and sustainability to engage team members and external stakeholders. In a testament to this commitment, AEV has signed on as the first Philippine company to support the Task Force on Climate-Related Financial Disclosures (TCFD) in 2019. View the latest AEV financial statements, income statements and financial ratios. Environmental management and improvements in operational eco-efficiencies, on the other hand, are managed by our strategic business units through their respective environmental units. Talent attraction (recruitment), optimization, and retention. AboitizPower aligns with its parent company Aboitiz Equity Ventures (AEV). The Aboitiz Group believes in managing risks well in order to pursue growth. AboitizPower commits to providing reliable power supply to enhance customer satisfaction. 2018 Aboitiz Integrated Annual Report. Annual stock financials by MarketWatch. The Aboitiz Group believes that the rights and interests of minority shareholders are aligned to those of the controlling shareholders, not only in terms of returns on their investments but also in the sustainability of the Groupâs businesses. AEV ensures timely disclosure to shareholders regarding their respective businesses, and that shareholders receive dividends in accordance with established dividend policies. This is answering the basic premise that no business shall succeed in failing communities. 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. In 1965, Don Ramon gave a big part of his personal wealth to establish the Ramon Aboitiz Foundation, Inc… From 14.9% in 2018, AEV measured a 13% in ROE in 2019. With five generations of Aboitiz Group business success behind it, AEV is moving forward, pursuing its vision to be a truly sustainable enterprise that can be entrusted to future generations. Dialogue and value creation for stakeholders. In 2019, 1,395 employees in the Generation group went through the 8-Hour Mandatory Occupational Safety and Health (OSH) Training for Workers. In 2019, Operation Control companies of AboitizPower are already 100% certified with ISO 9001:2015 Quality Management Systems, ISO 45001 Occupational Health & Safety or OHSAS 18001 Occupational Health and Safety Management System and ISO 14001 Environmental Management System. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products. The Groupâs Internal Audit has adopted combined assurance and the Three Lines of Defense approach implemented across the Aboitiz Group. In Aboitiz, we define sustainable development as inclusive growth that looks into the dimensions of ESG: We aim to continually enhance shareholder value by being true to ethical business practices, sticking to our core competencies and executing well-defined strategies. © 2021 Aboitiz Power Corporation. 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. The latest iterations enabled customers to accomplish banking transactions without the need to visit branches.Â. A reportable contractor is when AboitizPower exerts a prevailing influence with regard to safety management practices. Aboitiz Equity Ventures, Inc. (ABTZY) latest earnings report: revenue, EPS, surprise, history, news and analysis. These articles featured members of the organization who are strong women leaders, differently-abled employees, members of different Philippine ethnic groups and religions, and members of the LGBTQ+ community, among others. . Companies listed are operational facilities as of end 2019. We expressed our intent to make the UN Global Compact and its principles part of the strategy, culture and day-to-day operations of our company, and to engage in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. Key subject matter experts from different industries were invited to share their experiences and learnings, Forging the Aboitiz Group’s value of Innovation and AboitizPower’s Owner Mindset, the Inyovation program encouraged team members to initiate developments in their processes to improve productivity and efficiency; increase customer satisfaction; enhance a current process, system, or service; reduce costs; or contribute to sustainability.Â. We will continue to explore opportunities while managing our operations prudently, utilizing our resources wisely to ensure long-term financial growth and profitability. As part of its ISO 45001 Occupational Health & Safety Certification, and ISO 14001 Environmental Management Systems Certification, the company ensures that there are programs in place for employees across all business units to have sufficient training and knowledge. In the Aboitiz Group, building human capital is one of our four strategic pillars. When you work at Aboitiz, you are part of a family committed to advancing business and communities. This involves pollution control through clean-up, rehabilitation, conservation, and preservation. Find the latest Earnings Report Date for Aboitiz Equity Ventures Inc. ADR (ABTZY) at Nasdaq.com. 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. This year’s ASMs were held last April … The Community-Based Disaster Risk Reduction and Management program is a customized approach that promotes localized decision-making and implementation to reduce vulnerabilities and promote zero casualties in disaster situations. Sustainability at Aboitiz; Our Sustainability Framework; Corporate Social Responsibility; Aboitiz BetterWorld Video; Corporate Governance. Enhance overall long-term effectiveness of the organization. The Aboitiz Group looks beyond profitability and explores better ways to integrate good social development and responsible environmental stewardship into our business operations. 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. Contractors are covered by virtue of AboitizPower’s “prevailing influence”. The program, which. During these years, the company also contributed to SDG 14 (Life Below Water) through 63 coastal/river cleanup activities resulting in 54,424 kg of waste collected. The IMS policy shall be periodically reviewed to ensure adequacy and applicability. 1% lower than the Php 22.2 billion in the same period of the previous year. Provide a commercially-sustainable customer experience. Issued the following announcement on Sept. 13. Our stakeholder engagement process keeps up with the times by maximizing the many communication avenues available today and sharing the best practices internally. Music and Arts Festival was held to exhibit the works of Philippine artists and photographers which highlight diversity and inclusion. Learn more about how the company, through its strategic business units, is advancing business and communities by visiting our official news website, Aboitiz Eyes . 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). Team member-driven programs such as the Aboitiz No Impact Challenge promotes lifestyle changes that reduce carbon emission and water consumption in daily routines. The Aboitiz Group implements sound labor practices in the workforce and operates responsibly in the communities where we are present. 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