EDC revitalizes mission on decarbonized future

By The Manila Times March 22, 2021
https://www.manilatimes.net/2021/03/22/public-square/edc-revitalizes-mission-on-decarbonized-future/854028/

Coupled with its relentless pursuit toward a decarbonized environment, the Energy Development Corp. (EDC) has undertaken its revitalized mission for regenerative development to mitigate this century’s single most defining issue of climate change.

With employees comprising the lifeblood of daily operations that deliver power to consumers, elevating them means treating them with malasakit or a deep concern for their welfare.

This is a core value of the Lopez Group that EDC is part of. At the start of the pandemic and up to this day, “malasakit” has been the touchstone of management directives to work from home, disburse financial assistance, and repurpose benefits to keep team members and their families comfortable and safe.

“Malasakit” extends as well to EDC’s communities of operations, where the health and safety of residents are top priority, including educational opportunities. Its Sikat scholarship program has been providing not only scholarships to underserved youth but career opportunities and long-term professional development.

With geothermal energy relying on the natural steam beneath the earth’s surface, the environment is a key impact area that EDC elevates primarily through its flagship Binhi greening program by increasing forest cover across the country, focusing on native tree species.

EDC’s partnerships include that with the Global Tree Assessment program of the International Union for Conservation of Nature (IUCN) through its secretariat, Botanic Gardens Conservation International (BGCI), University of the Philippines Institute of Biology and the Philippine Eagle Foundation (PEF).

Baseload geothermal or what the company refers to as “Geo 24/7,” as well as wind, solar and hydro power provide an alternative choice for renewable and eco-friendly power for all Filipinos – increasingly so as modern technologies continue to make them more cost-efficient as well.