October 2020 Why Sustainability Is No Longer Enough
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OCTOBER 2020 A monthly publication of the Lopez group of companies www.lopezlink.ph http://www.facebook.com/lopezlinkonline www.twitter.com/lopezlinkph Economic impact Why sustainability is no assessment longer enough: The call to be regenerative Story on page 4 Congratulations, ABS-CBN FRL! MAP’s LGFI releases ninth ‘Bridges’ shows air Management Man …page 7 on A2Z of the Year 2020 …page 2 …page 8 2 Lopezlink October 2020 BIZ NEWS BIZ NEWS Lopezlink October 2020 3 FRL is MAP Management FPH, Rockwell elect new members of board of directors JCA signed, EPC tenderer selected for First Gen IOT Corporation’s interim offshore to modify the existing jetty project will allow FGEN LNG the completion of an extensive FGEN LNG believes the Man of the Year 2020, MIGUEL L. Lopez (MLL) LNG terminal (IOT) project that will enable it to become a to bring in a floating storage tendering process, but we are IOT project will play a criti- and Benjamin R. Lopez (BRL) located at First Gen’s Clean multipurpose jetty and build an and regasification unit or FSRU delighted to announce that we cal role in ensuring the energy were recently elected as new Energy Complex in Batangas adjunct onshore gas receiving on an interim basis and acceler- have selected McConnell Dow- security of the Luzon grid and new Lopez Holdings chair directors of First Philippine City. facility. The project represents ate FGEN LNG’s ability to ell as the preferred tenderer for the Philippines, particularly as Holdings Corporation (FPH) The JCA is a preliminary the initial phase of the FGEN introduce liquefied natural gas the First Gen IOT project,” said the indigenous Malampaya gas Jonathan Russell, executive vice resource is expected to be less advocacies to proactively ad- ample for Filipino managers and Rockwell Land Corpora- agreement between First Gen Batangas LNG terminal that or LNG to the Philippines. president and chief commercial reliable in producing and pro- dress the irreparable damage of through a track record of integ- tion, respectively. and Tokyo Gas to jointly pursue was previously declared by the Meanwhile, FGEN LNG officer of First Gen. viding sufficient fuel supply for climate change; for champion- rity, entrepreneurial excellence, The FPH board on Oct. 1, FIRST Gen Corporation and the design, development, test- Energy Investment Coordi- selected McConnell Dowell Russell added: “We know the country’s existing gas-fired ing the power industry’s de- professional competence and 2020 elected MLL as a direc- Tokyo Gas Co., Ltd on Oct. ing, commissioning, construc- nating Council through the Philippines as the preferred that McConnell Dowell has power plants, and even less so regulation for the benefit of the great leadership in his manage- tor of the corporation and as a 6, 2020 signed a joint coopera- tion, ownership and operations Department of Energy as an tenderer in respect of the en- extensive international experi- for additional gas-fired power country; for steering the Lopez ment career. member of the compensation tion agreement ( JCA) which and maintenance of the IOT “Energy Project of National gineering, procurement and ence building similar LNG plants. Group to being in the forefront FRL was elected as chairman and remuneration committee represents the next phase of project. Significance” under Executive construction of the project. facilities in Australia and The entry of LNG will en- of energy security and sustain- and CEO of Lopez Holdings at and the finance and investment their joint development of First The IOT project consists of Order No. 30. “This was a difficult deci- Southeast Asia, and they will courage new power plant devel- ability, and clean technologies the organizational meeting of its committee. Gen subsidiary FGEN LNG construction works necessary Once completed, the IOT sion that has been reached after Benjamin R. Lopez be assisted by the fact that they opments, as well as the indus- for renewable energy and natu- board of directors on October 2. MLL has been a director and Miguel L. Lopez constructed the existing liquid trial and transport industries, to ral gas; and for developing a Martin L. Lopez, chairman of treasurer of Rockwell Land Cor- fuel jetty at the First Gen Clean consider it as a replacement to deep bench of Filipino techni- ABS-CBN Corporation, was poration since 2009. He was the Foundation Inc. He held sev- BRL is currently a vice New office to accommodate First Balfour Energy Complex.” more costly and polluting fuels. cal and managerial talent who elected as Lopez Holdings vice senior vice president and general eral executive and management president of FPH, treasurer and are globally competitive.” chairman in the same meeting. manager of Rockwell Integrated positions at Meralco from 2002 senior executive vice president employees from Rizal, east of metro In addition, MAP said FRL Ambassador Manuel M. Lopez, Property Services Inc. since 2012 to 2010. Prior to this, he was of Lopez Inc. and president of promos & offers was also selected for his leader- who served as Lopez Holdings until he started heading the office with Maynilad Water Services INAEC Aviation Corporation. By Dolly Pasia-Ramos Federico R. Lopez ship role in substantial contri- chairman since 2010, was elect- development business of Rock- Inc. as head of its Central Busi- In addition, he is a member of butions of the Lopez Group ed as chairman emeritus. well Land in June 2016. ness Area. the board of directors of various FIRST Balfour employees The blessing of First Balfour’s January and was completed be- equipped with CCTV cameras Upgrade your WFH experience with THE Management Association to national development in This followed the resignation MLL is also an executive A day earlier, on Sept. 30, Lopez Group subsidiaries. residing east of Metro Manila East Metro Manila Projects Of- fore the national government put and WiFi and can host meet- of the Philippines (MAP) has se- terms of production, value add- of Lopez Holdings chairman vice president of Lopez Hold- 2020, the board of directors of He was connected with now have the option to report fice was conducted on Sept. 28. Luzon in lockdown in March. ings through teleconferencing SKYBIZ’s HomeBiz plans lected Federico R. Lopez (FRL), ing, income generation and job emeritus Oscar M. Lopez and ings Corporation as well as a Rockwell Land elected Benja- Rockwell Land from 1995 to the company’s new satellite Construction of the 300- Originally built to house and videoconferencing. chairman and CEO of Lopez creation; for his contribution to vice chairman Eugenio Lopez director of Rockwell Leisure min R. Lopez (BRL) as direc- to 2004 when he held various office in Taytay, Rizal. square meter facility began in the project management team The office can accommodate Holdings Corporation and First long-term positive development III, who had served as directors of Club Inc. and Rockwell Center tor to fill the vacancy created by posts in business development, of the First Balfour Overhead 35 personnel, but to meet social Philippine Holdings Corpora- of society through his undertak- the corporation since inception. Association Inc. He is a mem- the resignation of Eugenio Lo- sales and marketing and project Lines Taguig project, the office distancing recommendations tion (FPH), as the MAP Man- ings on technical-vocational ed- Miguel L. Lopez, executive ber of the board of trustees of pez III. He was also elected as development and was a mem- was extended to accommodate of keeping a six-foot distance agement Man of the Year 2020. ucation, youth development and vice president of Lopez Hold- Eugenio Lopez Foundation Inc. a member of the risk oversight ber of the board of directors other head office-based em- between individuals to prevent In a statement, MAP said community-based livelihood ings, was elected as treasurer. He and an advisor to Lopez Group committee. from 2006 to 2013. ployees residing in Rizal. Prior the spread of the novel corona- FRL was chosen for “passion- programs, scholarship opportu- is also a member of the board of to the lockdown, the satellite virus, usage will be limited to ately pushing for the country’s nities for musicians and research directors and treasurer of Rock- office was set up to help reduce 26 people. transition to a low-carbon projects on environmental pro- well Land Corporation, and a SKY partners with gov’t the travel time of employees to First Balfour employees economy through his various tection; and for setting an ex- newly elected director of FPH. the head office in Sucat, Para- who are residents of Rizal and ñaque following the worsening neighboring areas and are in- traffic congestion in the metro. terested to report in this new LPZ, Rockwell declare cash dividends for distance learning The Taytay office has a office will have to undergo the clinic, three conference rooms, return to work process and AT the organizational meet- payable on or before Nov. 3, preferred shareholders repre- SKY is partnering with the “We are here in support SKY has committed to provid- locker rooms, pantry and 10- obtain clearance from the head SKYBIZ empowers entrepreneurs with fast and reliable inter- ing of the board of directors of 2020. senting 6% per annum cumu- government in strengthening of the vision set out by the ing 32 DepEd priority schools slot parking area. It is also office. net connectivity and a host of benefits via its E-Business Part- Lopez Holdings Corporation The board of Rockwell Land lative dividends for the period the Department of Education’s secretary that education must nationwide a SKY Fiber con- nership program’s HomeBiz plans. To make the work-from- held on Oct. 2, 2020, the board Corporation on Sept.