Gaining a deeper understanding of the role we play in society from a sustainability perspective is fundamental to the Aboitiz mission to create long-term value for all our stakeholders. To support this, we underwent a systems thinking exercise and developed mental models on growth, inclusion, and sustainability and how these are reflected in our own efforts and businesses. This strategic shift is to identify what good we want to focus on and scale to bring about systemic change for the environment and society.
From this exercise, we developed our #OneNewAboitiz Sustainability Framework, the heart of our long-term business strategy. It is integral to our Great Transformation to becoming the Philippines’ first techglomerate as we continue to advance business and communities. It defines our EESG-focused actions to create better products and services through technology and innovation, and address material topics that matter to our stakeholders.
Our identified focus areas are reflective of all the strategic business units in terms of their business model and stakeholders:
Partner with our stakeholders to create shared value
Partner with stakeholders to create shared value
As a socially responsible organization, Aboitiz focuses on delivering value to its stakeholders by being more responsive to their evolving needs:
For Team Members
Providing employment and ensuring their career growth within and outside the organization.
For Communities
Entering into partnerships to make them sustainable and disaster-resilient.
For Customers
Providing a commercially sustainable customer experience and ensuring that the company delivers on its promise.
Minimize environmental impact of our business and contribute solutions to environmental issues
Minimize environmental impact of our business and contribute solutions to environmental issues
Aboitiz is committed to growing its business in a manner that takes into account the environmental impact of our operations. We aim to improve energy efficiency and emissions performance and manage our impact on water and biodiversity. Our goal is to provide reliable and reasonably priced power while, at the same time, pursuing other renewable energy resources.
Grow Profitably
Grow Profitably and Sustainably
In promoting the interest of shareholders, Aboitiz aims to continually enhance its value by adhering to ethical business practices, strengthening its core competencies, and executing defined strategies. We will explore expansion opportunities while managing operations well through prudent use of resources to achieve financial growth and profitability.
GROUP PURPOSE
For over a century, we have been building the Group’s legacy of core values, behavior, and beliefs that shape The Aboitiz Way, our unique culture nurtured and strengthened over generations.
Every action and decision we make is anchored on our time-honored values of integrity, teamwork, innovation, and responsibility. These values live through the distinct behavior and traditions in our various business units to form the Aboitiz culture.
Our values and culture keep us firmly focused on fulfilling our purpose and brand promise: to drive change for a better world by advancing business and communities.
CLIMATE STRATEGY
Aboitiz is the first Philippine signatory of the Task Force on Climate-Related Financial Disclosures, demonstrating our commitment to align our disclosures to this framework that provides the company with better information and preparedness for the impacts of climate-related scenarios in the business.
Discovery Climate StrategySUSTAINABILITY POLICY
We are committed to making Aboitiz a truly sustainable enterprise that we can entrust to future generations. We can do well by doing good, and always making the right long-term decisions that balance the interests of profit, planet, and profit.
We believe we can create the most value for our stakeholders by strengthening our value chains, transforming the business landscape through innovation, and empowering society through the positive impact we make on our economy.
Our SBUs align to the Aboitiz Group’s strategic pillars, namely: grow the business, stakeholder engagement, build human capital, and e
xecution excellence.
In growing the business, we find investments that make sense to us, cover our cost of capital, work within our risk parameters, and cr
eate added value. It
is fundamental that both our shareholders and stakeholders benefit from our value creation efforts.
We continuously engage with all our stakeholders so they may also progress as our businesses grow.
Attracting, optimizing, and retaining top-caliber professionals, who help us manage our business and upgrade the Group’s capabilities
and skills, are
crucial to our success.
We execute our plans in a timely and effective manner, employing best-in-class systems and processes to sharpen our competitive edge.
Learn about how we apply our sustainability framework across the Group
January 26, 2024
January 23, 2024
January 12, 2024
Contact us to learn more about our sustainability policy.