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Energy Development Corporation Sustainability Story
 

Energy Development Corporation Sustainability Story

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What is sustainability? Engage employees to balance external communications with internal buy-in. This material was used to establish awareness of the corporate sustainability program .

What is sustainability? Engage employees to balance external communications with internal buy-in. This material was used to establish awareness of the corporate sustainability program .

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    Energy Development Corporation Sustainability Story Energy Development Corporation Sustainability Story Presentation Transcript

    • SUSTAINABILITYSUSTAINABILITYThe EDC story
    • WHAT IS SUSTAINABILITY?
    • It is NOT a VAGUE ideal
    • Or a buzzword
    • sustainability Meeting the needs of the present without compromising the ability of future defined generations to meet their own needs.
    • sustainability Adopting business and strategies that meet the needs of the business and business stakeholders today – i.e. defined growth and profitability – while protecting the human and environmental resources available in the future
    • What is EDC’s business sustainability philosophy?
    • Our business model is built on a pact between man and nature – theconcession to develop raw steam power into usable electricity is to be reciprocated by the responsibility to take very good care of this unique energy resource. From this pact emerged our corporate sustainability philosophy.
    • EDC’s mission is anchored onsustainability’s core principle We are committed to provide the present and future generations a better life with clean and renewable energy. We are committed to promote customer and investor interests, employee development, community welfare and environmental stewardship at all times.
    • Sustainability is built into the heart and soul of our business model People Profit • Viability •Human capital • Affordable rate •Employees • Efficient power •Communities Planet •Environmental enhancement • Biodiversity protection • Climate change action
    • EDC’s business value chainNatural Technology Human Suppliers & Customers Communityresource base capital contractors partners
    • For EDC, sustainabilityis more than anenvironmentalphilosophy. It is aplatform to drive growth,build value and sharpenour competitive edge inthe industry
    • Our roadmap encourages each business unit to commit to a“greening” goal that will contribute to our long-term strategy – operating a business built to last
    • As a result, wedeveloped oursustainabilitywheel to providetraction to oursustainabilityroadmap
    • Each goal will be measured with a sustainability metricEach goal will beimplemented using theright process and withquantifiable results “What you can’t measure, you cannot manage. What you can’t manage, you cannot change.” Peter Drucker
    • EDC’s sustainability performance has been communicated in the lastthree years through our integrated annual reports. These reports use metrics that are aligned with global best practice for comparability and verifiability
    • The company has earned recognition for being the first report in the Philippinesto use the sector supplement for electric companies and to be verified by theGlobal Reporting Initiative in Netherlands To know more about GRI’s sustainability reporting framework, click here.
    • But it does not end with a glossyreport – it is a process that involvessystems and people… At the heart of it all, it is YOU who truly define EDC’s sustainability story
    • You play an important role in EDC’s sustainability story Identity Image You are EDC’s Reputation sustainability brand ambassador “EDC built to last”
    • Naturalresource base Technology Human capital Suppliers & contractors Customers Community partners After all, you are EDC’s strongest link
    • SUSTAINABILITYSUSTAINABILITYIt’s your story too.
    • Share your storyJoin our conversations:Visit www.energy.com.ph/sustainability orfollow us on twitter @edcenergy