AboitizPower pushes growth with clean, renewable energy

, This news data comes from:http://hvsnts.771bg.com

AboitizPower pushes growth with clean, renewable energy

Of the 17 United Nations Sustainable Development Goals (UN SDGs) — which are the criteria for awarding the 15 champions — the objectives that AboitizPower has set its sights on achieving include SDG 7 or Affordable and Clean Energy, SDG 8 or Decent Work and Economic Growth, SDG 12 or Responsible Consumption and Production, and SDG 13 or Climate Action.

AboitizPower eyes a 50:50 balance between renewables and thermal energy sources by 2030. By investing P190 billion to triple its renewable energy portfolio to 4,600 megawatts by the target year, the power corporation addresses the need for Affordable and Clean Energy.

In terms of Decent Work and Economic Growth, AboitizPower generates employment opportunities and upholds community growth initiatives that lead to economic development and a respectable living through projects involving renewable energy.

The power corporation’s attention to efficient energy use, waste management and carbon footprint minimization focuses on Responsible Consumption and Production.

Meanwhile, to support Climate Action, AboitizPower commits to expanding renewable energy use and ways of minimizing carbon footprint in thermal power plants.

The standards for appraising the 15 Sustainable Champions also entail The Manila Times’ Four I’s of Sustainability, namely initiative, impact, inclusiveness and integration.

Initiative shows a determination to start and accomplish programs with efficiency, practicality and cost-effectiveness. Impact displays a high likelihood of favorable outcomes that show long-term benefits for a wide range of beneficiaries. Inclusiveness involves all sectors needed to balance the use of resources by current and future generations. Integration adopts the collaborative approach in engaging communities in attaining sustainability goals.