Materiality is key for the Aboitiz Group to address ESG issues effectively, enabling us to:

  • Identify and prioritize significant risks and opportunities for long-term success.
  • Allocate resources strategically to maximize positive impact and mitigate risks.
  • Align actions with stakeholder expectations, enhancing transparency, trust, and credibility.
  • Build stronger relationships with stakeholders, contributing to sustainable value creation.

 

Materiality assessments guided us in the creation of our sustainability roadmap and playbook, embedding ESG considerations into strategy, decision-making, and reporting. This drives innovation and operational efficiency; Adaptation to market trends and consumer preferences, and continuous improvement by addressing gaps and evolving with stakeholder needs.

 

In 2023, AboitizPower and Aboitiz InfraCapital undertook their Materiality Reviews to integrate the necessary strategic decisions for their SBUs. The two business units identified opportunities for improving their own materiality assessment process. This includes enhancing stakeholder engagement efforts, refining methodologies for identifying and prioritizing material issues, strengthening data collection and analysis capabilities, and improving integration into organizational strategy and reporting.

 

By integrating materiality assessments into our sustainability approach, we promote responsible business practices, maintain our social license to operate, and position Aboitiz as a resilient, forward-looking “techglomerate” for long-term success.

Materiality Process

 

Sustainability Data Management and Governance

 

We have implemented processes, systems, and tools to manage sustainability data effectively, ensuring proper collection, storage, analysis, and reporting. As sustainability becomes integral to our operations, managing this data is crucial for understanding our environmental, social, economic, and governance impacts and making informed decisions to enhance performance. 

 

This table provides an overview of the Sustainable Development Goals’ (SDG) relevance to key focus areas shared across our strategic business units (SBUs). These priority areas drive scalable positive impacts and support SDG targets and indicators.

 

List of Material Topics and Relevant Sustainability Development Goals

POWER

  • Aboitiz Power Corporation

Distribution

  • Davao Light & Power Company, Inc.
  • Visayan Electric Company, Inc.
  • Cotabato Light & Power Company
  • Cotabato Ice Plant, Inc.
  • San Fernando Electric Light & Power Company Co., Inc.
  • Subic EnerZone Corporation
  • Mactan EnerZone Corporation
  • Balamban EnerZone Corporation
  • LIMA EnerZone Corporation
  • Malvar EnerZone Corporation
  • Tarlac EnerZone Corporation

Generation

  • Aboitiz Renewables, Inc.
  • AP Renewables, Inc.
  • Luzon Hydro Corp.
  • Hedcor, Inc.
  • Hedcor Sibulan, Inc.
  • Hedcor Tudaya, Inc.
  • Hedcor Sabangan, Inc.
  • Hedcor Bukidnon, Inc.
  • Aseagas Corporation
  • Aboitiz Solar Power, Inc.
  • San Carlos Sun Power, Inc.
  • AboitizPower Distributed Energy, Inc.
  • AboitizPower Distributed Renewables, Inc.
  • PV Sinag Power, Inc.
  • RE Resources, Inc.
  • AP Renewables Energy Corporation
  • Retensol, Inc.
  • Cornerstone Energy Development, Inc.
  • Northern Sun Power, Inc.
  • South Cleanergy, Inc.
  • 4 Barracuda Energy Corporation
  • Aura Energy Holdings, Inc.
  • Lihangin Wing Energy Corporation
  • Manila-Oslo Renewable Enterprise, Inc.
  • SN Aboitiz Power – Magat, Inc.
  • SN Aboitiz Power – Benguet, Inc.
  • SN Aboitiz Power – Ifugao, Inc.
  • SN Aboitiz Power Res, Inc.
  • Cebu Private Power Corp.
  • East Asia Utilities Corp.
  • STEAG State Power, Inc.
  • Southern Philippines Power Corp.
  • Western Mindanao Power Corp.
  • Therma Power, Inc.
  • Therma Luzon, Inc.
  • Therma South, Inc.
  • Therma Marine, Inc.
  • Therma Mobile, Inc.
  • Therma Power Visayas, Inc.
  • Therma Central Visayas, Inc.
  • Therma Visayas, Inc.
  • GNPower Mariveles Energy Center LTD. Co.
  • AA Thermal, Inc.
  • GNPower Dinginin Ltd. Co.
  • Pagbilao Energy Corporation
  • Redondo Peninsula Energy, Inc.
  • Abovant Holdings, Inc.
  • Cebu Energy Devt. Corp.

Retail Electricity Supply

  • Aboitiz Energy Solutions, Inc.
  • Advent Energy, Inc.
  • Prism Energy, Inc.
  • Mazzaraty Energy Corporation

Others

  • AboitizPower International Pte. Ltd.
  • 1882 Energy Ventures Inc.
  • AP Electric Mobility Inc.
  • Potentia Insurance PTE LTD

BANKING AND FINANCIAL SERVICES

  • Union Bank of the Philippines
  • UnionDigital Bank Inc.
  • Union Bank Investment Management and Trust Corporation
  • UnionBank Financial Services and Insurance Brokerage, Inc.
  • UBX Philippines Corporation
  • UBX Private Limited
  • UBX Remit Pte. Ltd.
  • Shiptek Solutions PTE. LTD.
  • City Savings Bank
  • PETNET, Inc.
  • Bangko Kabayan, Inc.
  • UBP Investments Corp.
  • First Union Insurance & Financial Agencies, Inc.
  • First Union Direct Corp.
  • First Union Plans, Inc.

 

INFRASTRUCTURE

  • Aboitiz InfraCapital, Inc.
  • Lima Land, Inc.
  • Lima Infrastructure, Inc.
  • LIMA Water Corp.
  • Apo Agua Infrastructura, Inc.
  • Balibago Water Systems, Inc.
  • Unity Digital Infrastructure, Inc.
  • Aboitiz GMR Megawide Cebu Airport Corporation
  • Globemerchants, Inc.
  • SSP – Mactan Cebu Corporation
  • Mactan Travel Retail Group Corp.
  • AEV CRH Holdings, Inc.
  • Republic Cement & Building Materials, Inc.
  • Republic Cement Mindanao, Inc.
  • Republic Cement Land and Resources, Inc.
  • CRH Aboitiz Holdings, Inc.
  • Republic Cement Services, Inc.

 

LAND

  • Aboitiz Land, Inc.
  • Cebu Industrial Park Developers Inc.
  • Cebu Industrial Park Services Inc.
  • Propriedad Del Norte
  • Misamis Oriental Land Development Corp.
  • Allrise Development Corp.
  • Triplecrown Properties, Inc.
  • 78 Pointblue, Inc.
  • Firmwall Systems, Inc.

FOOD

  • Aboitiz Foods Pte. Ltd.
  • ABAQA International Pte. Ltd
  • Gold Coin Management Holdings Pte. Ltd.
  • GC Investment Holdings Ltd.
  • Gold Coin (Zhangzhou) Company Ltd
  • Gold Coin (Zhuhai) Company Ltd.
  • Gold Coin Feedmill (Kunming) Company Ltd.
  • Jin Fu Boar Stud Farm (Mengzi) Co., Ltd
  • Gold Coin Feedmill (Dongguan) Company Ltd
  • Gold Coin Agriculture (Guangxi) Company Ltd.
  • Gold Coin (Yunnan) Company Ltd.
  • Gold Coin Management (Shenzhen) Company Ltd.
  • Gold Coin Holdings SDN. BHD.
  • Gold Coin Sabah Sdn. Bhd.
  • P.T. Gold Coin Indonesia
  • P.T. Gold Coin Specialties
  • P.T. Ayam Unggul
  • Cold Coin FeedmiII Binh Duong Company Ltd.
  • Gold Coin Vietnam Holdings Pte. Ltd.
  • Klean Greentech Co. Ltd. 100%
  • Gold Coin Feedmill (Dong Nai) Company Ltd.
  • Pilmico Vietnam Company Ltd.
  • American Feeds Company Ltd.
  • Gold Coin Feedmill Ha Nam Company Ltd.
  • Gold Coin Aqua Feed (Singapore) Pte. Ltd.
  • Gold Coin Specialities Sdn. Bhd.
  • Gold Coin Specialities (Thailand) Co. Ltd.
  • P.T. Gold Coin Trading Indonesia
  • Gold Coin Malaysia Group Sdn. Bhd.
  • Gold Coin Feedmills (Malaysia) Sdn. Bhd.
  • Gold Coin Feedmill (Sabah) Sdn. Bhd.
  • Gold Coin Sarawak Sdn. Bhd.
  • Gold Coin Feedmill (Brunei) Sdn. Bhd.
  • Golden Livestock Sdn. Bhd.
  • K&L Farming Industries Sdn. Bhd.

 

OTHERS

  • AEV Aviation, Inc.
  • Cebu Praedia Development Corp.
  • Advance Data Innovation Inc.
  • Archipelago Insurance Pte. Ltd.
  • Singapore Life (Philippines), Inc.
  • AEV International Pte. Ltd.
  • Aboitiz Data Innovation
  • CCEP Aboitz Beverages Pilippines, Inc.
  • Coca-Cola Beverages Philippines, Inc.

As of December 31, 2024

Note on forward-looking statements

The OneAboitiz Sustainability Microsite may feature “forward-looking” statements describing AEV’s objectives, achievements and outlooks, projections, and expectations. Actual results may differ from the statements expressed or suggested in the report.

Important factors that could impact the company’s operations include, among others, economic conditions affecting demand or supply dynamics, price conditions in markets where the company operates, changes in government regulations, tax laws, and other statutes and incidental factors.