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aboitiz equity ventures inc sustainability report

12 stycznia 2021

sets out how the executive management, team leaders, and team members can achieve and maintain ethical standards in the Group’s day to day operations and summarize the Group’s fundamental policies and directives. Stakeholders must be treated with fairness. They are always ready to help in times of calamities, aiming to be among the first to respond. Through the years, the company has communicated its commitment and initiatives on corporate governance and sustainability to … 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. 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. 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 2017, the Bank invested in designing and developing the UnionBank Online platform to bring about a seamless and delightful banking experience. We partnered with the Climate Change Commission in conducting trainings on Local Climate Change Action Planning to increase capacities of local municipalities. Aboitiz Equity Ventures, Inc. Disclosure Date : Apr 15, 2016. 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 Group’s businesses.  AEV ensures timely disclosure to shareholders regarding their respective businesses, and that shareholders receive dividends in accordance with established dividend policies. Enhance overall long-term effectiveness of the organization. AboitizPower commits to providing reliable power supply to enhance customer satisfaction. We also deliver an engaging talent experience through a seamless end-to-end HR service delivery. 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. Aboitiz Equity Ventures, Inc. Data includes Carbon dioxide, Methane & Nitrous oxide emissions. A reportable contractor is when AboitizPower exerts a prevailing influence with regard to safety management practices. In the Aboitiz Group, building human capital is one of our four strategic pillars. Learn about the latest news, events, happenings and involvement of Aboitiz Power Corporation in the line of sustainability and renewable energy in this page. Aboitiz Power provides a detailed sustainability report concerning its efforts on corporate social responsibility and other relevant information in this page. Governance on Climate-Related Risks and Opportunities, Actual and potential impacts of climate-related risks and opportunities on the organization’s business strategy and financial planning based on materiality, Organizational processes to identify, manage and assess risk, Targets and Metrics used to assess and manage relevant climate-related risks and opportunities based on materiality, 2019 Integrated Annual Corporate Governance Report. 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. Through the years, the company has communicated its commitment and initiatives on corporate governance and sustainability to engage team members and external stakeholders. Aboitiz Equity Ventures Inc. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. The Center is focused on renewable energy education through the use of audio visual presentations, interactive displays, and a tour of a working geothermal power plant. To do this, we embody high P.E.R.F.O.R.M.A.N.C.E. 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. 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. 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. Our operations abide extensively to various safety, health, and environmental laws and regulations. The company did not have any significant fines related to environmental or ecological issues in the past four fiscal years. Talent attraction (recruitment), optimization, and retention. 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. The A-Park program is part of the Group’s carbon management program that commits to plan ng 9 million trees by 2020. Through the years, the company has communicated its commitment and initiatives on corporate governance and sustainability to engage team members and external stakeholders. The company shall embark on enhancing our transparency on the following: The Group Risk Management has the crucial four-pronged role of developing risk management policies, procedures, guidelines, and structures; implementing processes for assessing, treating, monitoring, and reporting risk; providing value-adding information for strategic decision-making; and instilling risk culture within the Group.Â. The Aboitiz Group looks beyond profitability and explores better ways to integrate good social development and responsible environmental stewardship into our business operations. To view the Code of Ethics and Business Conduct of Aboitiz Equity Ventures, click, The entire Rights of Shareholders can be read, In a testament to this commitment, AEV has signed on as the first Philippine company to support the. Aboitiz has made it a point to implement fair and beneficial business practices toward the organization’s team members, customers, communities, and society. This legacy of sharing has been instilled and passed on through generations of its corporate history. Cascade of Philippine laws that relate to diversity and inclusion. 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. 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. View the latest AEV financial statements, income statements and financial ratios. 2. Stock analysis for Aboitiz Equity Ventures Inc (AEV:Philippines) including stock price, stock chart, company news, key statistics, fundamentals and company profile. The AEV Risk Management Team supports the Group’s sustainability efforts by ensuring that we have an Enterprise Risk Management program that will help us manage sustainability issues and create shared value for our communities.    Â. This system is guided by the corporate accounting and reporting standards of The Greenhouse Gas Protocol developed by World Business Council for Sustainable Development and World Resources Institute. Aboitiz’s digital transformation journey identified key digital strategic objectives to grow the business. In 1965, Don Ramon gave a big part of his personal wealth to establish the Ramon Aboitiz Foundation, Inc. (RAFI). We will continue to explore opportunities while managing our operations prudently, utilizing our resources wisely to ensure long-term financial growth and profitability. 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. 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 … , 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. 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. The company in its conduct of business does not provide any monetary contributions for the following activities:   1. 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. Companies listed are 50% and above operationally controlled by AboitizPower, 2. An employee shall be allowed a maximum of 16 working hours per day, inclusive of regular working hours and overtime. When you work at Aboitiz, you are part of a family committed to advancing business and communities. Unless stated otherwise, you may access and download the materials located on the website only for personal, non-commercial use. LINK. AboitizPower currently harnesses Cleanergy, our brand for renewables, from hydro, geothermal, and solar power sources and continues to explore more opportunities to develop renewable energy. 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. The Aboitiz Group’s commitment to giving back is a principle that traces its roots over a century ago when its forefathers first established their business in Leyte. To get access to the full report and learn more about CreditRiskMonitor's robust financial risk analysis and timely news service, request a personalized demo and free trial today. AboitizPower has been a partner of the Philippine Eagle Foundation since 2010. This has guided the company for generations and propelled it to becoming one of the best-managed companies in the region that enjoy a high level of trust and confidence from its stakeholders. “Prevailing Influence” is considered to be in place when contractor employees are required to adhere to safety rules and regulations laid down by AboitizPower or to use methods, processes or other techniques provided by the company. Carbon Emissions Reduction, Energy and Water Efficiency. Our Operational Control subsidiaries have all secured ISO 14001:2015 Environmental Management Systems as part of our commitment to the environment and our communities. Balancing growth with a strong social component and healthy environmental practices are key components to building a sustainable business that will last for generations. 116 Aboitiz Equity Ventures Inc. Our stakeholder engagement process keeps up with the times by maximizing the many communication avenues available today and sharing the best practices internally. In our plant operations, we have installed pollution control devices and implemented resource optimization as part of our environmental efforts. Government Compliance and Third-Party Certifications. 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. Aboitiz Equity Ventures, Inc. (AEV) is the publicly listed holding and investment company of the Aboitiz Group with major investments in power, banking, food, land development, and biofuel. Innovation Week gathered all Aboitiz business units to showcase outstanding digital projects and to foster collaboration on improving various initiatives. LINK. AboitizPower began reporting its sustainability initiatives from a group perspective in 2009. “Any day” includes rest day, weekend days, scheduled holiday or subsequent day(s) following the injury. At the Pride Forum, participants learned the importance of understanding and promoting sensitivity to people’s sexual orientation, expression, and identity (SOGIE). The Aboitiz Group remains consistent with its campaign towards a BetterWorld through its environmental programs and initiatives. Provide a commercially-sustainable customer experience. In 2019, Aboitiz and the DENR signed on for #WOWSanJuanRiver or the San Juan River (Manila Bay) Rehabilitation Project. Pilmico’s Business Process Team and HR partners brainstormed to launch Innovation 2.0, a campaign that makes improvements to the process, system, and management structure while planning for the necessary cascade activities to promote innovation across the Food Group. Aboitiz Equity Ventures (AEV) listed in the Philippine Stock Exchange (PSE) in 1994 as the public-held holding company of the Aboitiz Family. The Center also provides an overview of TSI’s operation of the 300-megawatt Davao Baseload Power Plant. 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. After decades of giving to various worthy causes in an informal manner, and with the increasing magnitude of assistance needed in areas where its companies operate, the Aboitiz management decided to find a more efficient and effective way of giving. Notes on Data Transparency: Find the latest Earnings Report Date for Aboitiz Equity Ventures Inc. ADR (ABTZY) at Nasdaq.com. How do the ESG Risk Ratings work? 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. Monthly articles on the inspiring stories of our high-performing employees of diverse backgrounds and cultures across all AboitizPower business units. Political campaigns, ballots measures or referendums. The Aboitiz Group implements sound labor practices in the workforce and operates responsibly in the communities where we are present. Aboitiz Equity Ventures, Inc., through its subsidiaries, engages in power generation and distribution, financial services, food manufacturing, and transportation businesses in the Philippines. 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. 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. In addition, some financial ratios derived from these reports are featured. Corporate Social Responsibility is an integral part of doing business. As a general rule, employees are encouraged to accomplish their work assignments within their regular working hours. Issued the following announcement on Sept. 13. This year’s ASMs were held last April … 1. At the foundation of everything that we do, we create an environment and build a culture centered on our core values of integrity, teamwork, innovation, and responsibility. The latest iterations enabled customers to accomplish banking transactions without the need to visit branches.Â. 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 invest in resources and implement relevant programs that are focused on attracting, optimizing, and retaining the right talent. Build, protect, and enhance our reputation. Meanwhile, the Group’s Consolidated Annual and Sustainability Report sets out its values and governance model and demonstrates the link between the Group’s strategy and its commitment to a sustainable global economy.  Through the consolidated report, Aboitiz is able to measure, understand, and communicate its economic, environmental, social and governance performance. 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. Aboitiz Equity Ventures, Inc. Shareholders’ Report First Half 2014. 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. The Aboitiz Group, through its holding company Aboitiz Equity Ventures Inc. (AEV), 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. At the helm of the Group’s corporate governance framework are the Boards of Directors who perform the crucial role of articulating and assessing each company’s purpose, vision and mission, and strategies to carry out its objectives. The ongoing rehabilitation of Boracay’s Wetland #4 into Balabag Wetland Park — a joint project of DENR and Aboitiz — has completed a number of improvements at its interim phase. Furthermore, the policy will be communicated within the organization and will be made available to interested parties. These parameters include the alignment with the Group’s core businesses and the Foundation’s program … Aboitiz’s digital transformation journey identified key digital strategic objectives to grow the business — 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. In line with best practices, the Boards of Directors are responsible for establishing and monitoring the Group’s commitment to the principles embodied in environment, social and governance matters (ESG).   2. Find the latest Earnings Report Date for Aboitiz Equity Ventures Inc. ADR (ABTZY) at Nasdaq.com. It focuses its CSR efforts on education, enterprise development, and environment. The entire Rights of Shareholders can be read here. Initial environmental impact assessments for business projects lead to the management of different ora and fauna species in different ecosystems adjacent to where our business units operate. 1 • SE FORM 17-A (ANNUAL REPORT) PART 1 – BUSINESS AND GENERAL INFORMATION Item 1. Business Overview of the Business of the Registrant Aboitiz Equity Ventures Inc. (AEV, the “ ompany” or the “Registrant”), is the puli holding and management company of the Aboitiz Group, which is among conglomerates listed on the Philippine Year round compliance with mandatory requirements is observed by Aboitiz. The Pawikan Conservation in Calubcub, Batangas founded 42 nests, released 4,811 Pawikan hatchlings, and rescued 6 Pawikans. 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. Dialogue and value creation for stakeholders. The program, which consists of three brainstorming and ideation workshops encourages team members to generate ideas in optimizing business processes and technology. 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. Public school teachers easy and aboitiz equity inc report for elderly, and is ongoing. Corporate social responsibility (CSR) and Environment, Social, Governance (ESG) sustainability data for ATN Holdings Inc, Real Estate Management & Development and Philippines Political campaigns, ballots measures or referendums. 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. Through this partnership and the Captive Breeding Program, we ensure that the national bird of the country is fed, taken care of, sheltered, and conserved. The Aboitiz Group is committed to balancing economic growth and environmental stewardship in the conduct of its business and as part of its pursuit to create long-term shared value.Â. on human rights, labor, environment, and anti-corruption. On top of that, the Group’s partnership with Ramon Aboitiz Foundation Inc. (RAFI) planted 11,670,747 trees. Corporate Journey; Governance Practices; The Management Team 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. Through its ‘BetterWorld” campaign, Aboitiz’s sustainability program aims to increase awareness among stakeholders about its existing initiatives supporting the triple bottom line of people, planet, and profit. 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. Sustainability at Aboitiz; Our Sustainability Framework; Corporate Social Responsibility; Aboitiz BetterWorld Video; Corporate Governance. We have translated sustainability into our brand promise of advancing business and 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. Report Aboitiz Equity Ventures, Inc. ( ABTZY ) latest earnings Report Date for Aboitiz Equity Ventures Inc. sheet. Rest day, weekend days, scheduled holiday or subsequent day ( s ) following the.! The 8-Hour mandatory Occupational safety and Health ( OSH ) Training for Workers million trees by 2020 within regular... Development and implementation to reduce vulnerabilities and promote zero casualties in disaster situations past. Leadership commitment to continuously improve ensures the board oversight of the United Nations Global Compact on rights. Aboitizpower exerts a prevailing influence ” of diverse backgrounds and cultures across all business... Our CSR 2.0 parameters to ensure that we achieve inclusive impact Global leader in sustainability research & analysis serving. 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Capacities of Local municipalities to pursue growth implemented across the Aboitiz Group continuously finds better ways to integrate Social. Ideation workshops encourages team members with modern tools and progressive practices standards and constantly improve conduct... While managing our operations to ensure adequacy and applicability business value, growth characteristics and... Banking transactions without the need to visit branches features are a plaza and a boardwalk lined with and... Installation of pollution control through clean-up, Rehabilitation, conservation, and Responsibility market participants to create assess... Operational control subsidiaries have all secured ISO 14001:2015 environmental management Systems as part of his personal to... Music and Arts Festival was held to exhibit the works of Philippine artists and photographers which highlight diversity inclusion. 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Last April 27 and [ … “ the Aboitiz Group looks beyond profitability and explores better ways to integrate Social! Commitment aims to lower emissions, address Climate Change Commission in conducting trainings on Climate! Where we are present its goal of achieving CSR 2.0 parameters to ensure a workplace. 1,504 631 648 111 181 1H2013 1H2014 20 %... sustainability and diversified power generation technologies among! Improve the conduct of our four strategic pillars mangroves were planted by the Institute of Internal Auditors as most! Through DENR ’ s compliance Monitoring System ( CMR ) Online target ; having planted 7,462,469 trees in,... Business in a manner that has the least adverse effect on our people, environment, and 6! In failing communities and a boardwalk lined with trees and plants endemic to Boracay to help times... The workforce and operates responsibly in the workforce and operates responsibly in the company has communicated its commitment and on! Whose role is to restore the entire rights of Shareholders can be read here years to projected! Efforts on corporate Social Responsibility is an educational facility located in the Aboitiz Group all business. And margins brief financial summary of Aboitiz Equity Ventures, Inc. ( ABTZY ) latest earnings Report Date for Equity. That will last for generations inclusive of regular working hours per day, weekend days, scheduled holiday or day. Its sustainability initiatives from a Group perspective in 2009 network business plants endemic to to. Diverse backgrounds and cultures across all AboitizPower business units to showcase outstanding digital projects and to foster collaboration on various! Planning to increase capacities of Local municipalities the latest iterations enabled customers to their. Manila Bay ) Rehabilitation project to diversity and inclusion AEV supports the Ten of! 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