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SUSTAINABILITY
SUSTAINABILITY
The 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 – the
concession 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 on
sustainability’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 chain

Natural         Technology   Human     Suppliers &   Customers   Community
resource base                capital   contractors                partners
For EDC, sustainability
is more than an
environmental
philosophy. It is a
platform to drive growth,
build value and sharpen
our competitive edge in
the 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, we
developed our
sustainability
wheel to provide
traction to our
sustainability
roadmap
Each goal will be measured with a sustainability metric




Each goal will be
implemented using the
right process and with
quantifiable 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 last
three 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 Philippines
to use the sector supplement for electric companies and to be verified by the
Global Reporting Initiative in Netherlands




                               To know more about GRI’s sustainability reporting framework, click here.
But it does not end with a glossy
report – it is a process that involves
systems 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”
Natural
resource base
                Technology   Human capital   Suppliers &
                                             contractors
                                                            Customers   Community
                                                                         partners




                  After all, you are EDC’s strongest link
SUSTAINABILITY
SUSTAINABILITY
It’s your story too.
Share your story


Join our conversations:
Visit www.energy.com.ph/sustainability or
follow us on twitter @edcenergy

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Energy Development Corporation Sustainability Story

  • 3. It is NOT a VAGUE ideal
  • 5. sustainability Meeting the needs of the present without compromising the ability of future defined generations to meet their own needs.
  • 6. 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
  • 7. What is EDC’s business sustainability philosophy?
  • 8. Our business model is built on a pact between man and nature – the concession 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.
  • 9. EDC’s mission is anchored on sustainability’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.
  • 10. 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
  • 11. EDC’s business value chain Natural Technology Human Suppliers & Customers Community resource base capital contractors partners
  • 12. For EDC, sustainability is more than an environmental philosophy. It is a platform to drive growth, build value and sharpen our competitive edge in the industry
  • 13. 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
  • 14. As a result, we developed our sustainability wheel to provide traction to our sustainability roadmap
  • 15. Each goal will be measured with a sustainability metric Each goal will be implemented using the right process and with quantifiable results “What you can’t measure, you cannot manage. What you can’t manage, you cannot change.” Peter Drucker
  • 16. EDC’s sustainability performance has been communicated in the last three years through our integrated annual reports. These reports use metrics that are aligned with global best practice for comparability and verifiability
  • 17. The company has earned recognition for being the first report in the Philippines to use the sector supplement for electric companies and to be verified by the Global Reporting Initiative in Netherlands To know more about GRI’s sustainability reporting framework, click here.
  • 18. But it does not end with a glossy report – it is a process that involves systems and people… At the heart of it all, it is YOU who truly define EDC’s sustainability story
  • 19. You play an important role in EDC’s sustainability story Identity Image You are EDC’s Reputation sustainability brand ambassador “EDC built to last”
  • 20. Natural resource base Technology Human capital Suppliers & contractors Customers Community partners After all, you are EDC’s strongest link
  • 22. Share your story Join our conversations: Visit www.energy.com.ph/sustainability or follow us on twitter @edcenergy