Celebrating a Future of Possibilities 2 MERALCO POWERCLUB MERALCO POWERCLUB 3 AUGUST 2017 AUGUST 2017 Inside MESSAGES a MERALCO PUBLICATION
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MERALCO POWERCLUB 1 AUGUST 2017 A MERALCO PUBLICATION | SPECIAL LUMINARIES EDITION | AUGUST 2017 CELEBRATING A FUTURE OF POSSIBILITIES 2 MERALCO POWERCLUB MERALCO POWERCLUB 3 AUGUST 2017 AUGUST 2017 INSIDE MESSAGES A MERALCO PUBLICATION MERALCO POWER CLUB MAGAZINE VOLUME 7 ISSUE 3 eralco launched its Luminaries and open access to keep them PUBLISHER: SUMMIT MEDIA LOOK BACK, program six years ago, when competitive. We enable their pursuit of Analysis A joint project with Meralco’s Mthe Philippine economy was green initiatives with renewable energy 4 CAN WE AFFORD TO SAVE Corporate Business Group, Marketing, MOVE beginning to take off. Inspired by Meralco sources or electric-vehicle and charging THE CLIMATE? Customer Solutions and Product Chairman Manuel V. Pangilinan, our systems. And to serve them and their The Paris Agreement compels even V20 members to tap renewable energy Development. Published four times a FORWARD vision for the Luminaries is to showcase local communities, we build large-scale year for key officers of Meralco businesses that make a difference in the electric infrastructure for their real-estate Electric Capital Projects corporate accounts. lives of Filipinos across the country. projects. 7 ENERGIZING THE ASEAN AT 50 Our pioneering Luminaries As the economy continues to Meralco makes sure the Philippines’s hosting of the Asean Summit goes at full power EDITORIAL TEAM were already household names in the soar, we anticipate more positive EDNA T. BELLEZA Publisher electronics, food manufacturing, and real- changes. Small businesses become large Industry Trends estate sectors; companies like Samsung enterprises. Established businesses 8 COLD COMFORTS Estrellita Faustino Editor-in-Chief Companies in the air conditioning business look Electro Mechanics Philippines, Universal diversify into non-core activities such Creative Director/ forward to a promising business climate DONDI LIMGenco Robina Corp., and Ayala Land Inc. as energy, water distribution, transport, The winners of the 6th Meralco Luminaries Awards: Associate Editor Saffron Philippines Inc. President Kennan Lao; We had focused on Meralco’s and smart urban planning. Likewise, we Corporate Industrial Luminary Century Properties Group Inc. Chairman JANE KRISTINE CRUZ Art Director traditional services: early energization, aim to constantly innovate and better Jose E.B. Antonio; The NET Group Co-president 16 PRECISION, PEOPLE AND Tina Samson; Swedish Match Philippines Inc. right-sizing energy contracting, and empower our customers with simpler, EMPOWERMENT ESMI BARRERA Copy Editor Managing Director Leo Obias; Melco Crown Phils. Amkor Technology Philippines ensures Chairman and President Clarence Chung; Amkor assistance for customers shifting away faster, and more convenient services. its future by investing in its workforce Project Manager Technology Phils. President Norberto Viera JOEY ANCIANO from power self-generation. Over time, Our Luminaries Awards are a our featured partnerships grew more recognition that good practices and MONICA SAPUTIL Production Artist sophisticated. close collaboration between Meralco BUBBLES Salvador Editorial Assistant ALFREDO S. PANLILIO Today, we offer long-term energy and the country’s leading businesses planning to support our customers’ contribute to the betterment of the Senior Vice President and Head, CONTRIBUTORS Customer Retail Services and expansion projects. We help them make Philippines. We hope these stories will Corporate Communications Arlene Adto, Dakila Angeles, Christian Bitoon, the most of energy retail competition inspire others to aspire. Vincent Coscolluela, Ma. Melin C.Y. Doria, Toto Labrador, Jing Lejano, Lio Mangubat, Ryan Ong, Cai Ordinario, Joyce Pañares, Jun Pinzon, Cherrie Regalado, Mari-An C. Santos, Fennie Tan, Bernard Testa, Victoria Vizcarra t matters little how rich you are, or how more than minimize our carbon footprint. Events PURSUING A Businesses obviously benefit from Corporate Industrial Luminary MERALCO EDITORIAL ADVISERS well your economy performs, when LIGHTING UP THE NIGHT typhoons, floods, droughts and other reduced energy overhead costs, which can Top business leaders and CLICKING WITH THE MARKET CustomER Retail Services I Swedish Match taps the services of Spectrum LOW-CARBON regular calamities get progressively worse translate into cost-competitive products. innovators are recognized at Meralco’s Alfredo S. Panlilo 12 6th Luminaries Awards night 22 for solar-energy sources FUTURE from global warming. These disasters Savings can yield broader profit margins, Corporate BUSINESS Group affect everyone without discrimination. investments into company expansion, and Victor S. Genuino This is what makes the Paris Accord incentives to keep manufacturing here in Elenette M. Uy on Climate Change so vital, even for the the Philippines. MARKETING Philippines and other countries that are Reduced energy consumption also Corporate Industrial Luminary 19 Jose Antonio T. Valdez means more power can be made available THE COLOR OF SUCCESS not major producers of greenhouse gases. Innovation, expansion and Edeliza T. Lim The Accord underscores the problem to other users, reducing the risk of energy smart investments keep Saffron Nina V. Posadas Philippines’s business sparkling and urges everyone to find effective shortages that can disrupt the economy. Quinnie G. Blanco solutions. Granted, not all these energy efforts Precious K. Almendras Corporate Commercial Luminary Meralco actively helps its customers are easily implemented. Nor are RE or 25 WORLD-CLASS PLAYTIME Ness G. Ramos seek answers to global warming through green energy technologies cheap. Nonoy City of Dreams raises the bar on what our subsidiaries: MSERV, providing Oplas, of Minimal Government Thinkers, having a good time looks like says we cannot transform ourselves into Meralco, Ortigas Avenue, Pasig City energy-efficiency services; and Spectrum, Corporate Commercial Luminary delivering renewable-energy (RE) a completely RE-dependent country 28 PERSONALIZING BUILDINGS Telephone: (632) 632-8771 solutions. Our engineering-services overnight. Green turns into gold for property Fax: (632) 632-8771 developer, The NET Group subsidiary MSERV works to deliver However, I believe that a balance must www.meralco.com.ph lower operating costs for customers be struck if we want a future that everyone Subsidiary Profile To learn more about Meralco Power Club, with power-hungry facilities such as air can look forward to. It’s not an easy nor Corporate Commercial Luminary 34 contact the Meralco Corporate Partners at: VICTOR S. GENUINO HOT TECH, COOL SERVICES conditioning. painless thing to do, but we must find a BUILDING THE NEXT GLOBAL CITY The search for energy-efficient air Vice President and Head, Century Properties Group redefines the “modern city” conditioning is keeping Meralco (02)16210 Achieving energy efficiency does way to do it. 31 [email protected] Corporate Business Group subsidiary MSERV in demand www.meralco.com.ph/corporatepartners 4 MERALCO POWERCLUB MERALCO POWERCLUB 5 AUGUST 2017 AUGUST 2017 ANALYSIS 'The Philippines is not a major emitter to the Senate, which ratified the agreement unanimously. The of greenhouse gases at only 0.38 Paris Agreement took effect in the country on April 22, Earth percent. But we are the fifth most Day, the annual worldwide celebration for environmental vulnerable country. The impact of protection. climate change on us is so much more.' Ants leading elephants Vernice Victorio Commissioner Climate Change Commission Legarda urges the Philippines and other member- BY BABE PAÑARES countries of The Vulnerable Twenty Group (V20) to push for more resilient, efficient, inclusive, and sustainable economies. She is chairperson of the Senate Oversight Committee on the Can We Afford to Save the Paris Agreement. “We are the ants leading the elephants,” she declares. “But our nations bear the brunt of climate change. If the V20 cannot pull the world along with us, we will have no chance of keeping the global temperature increase limit within 1.5 degrees Celsius.” Businesses, she contends, must look at climate-change adaptation as programs that spur economic growth, and not just environmental-protection activities. Other industry As a Paris Climate Agreement signatory, the Philippines must make smart choices to power its economy. players agree. (See “A Future Renewed,” in the Q2 2017 issue.) To examine the issues surrounding the For these reasons, the Philippines is constrained to pursue RE developing world that address climate change. Senator Loren as part of a balanced energy mix that still requires cheaper, carbon- “That 70 percent reduction,” she qualifies, “is just an Legarda Philippines’s participation in the Paris Agreement Chairperson on Climate Change, Power Club’s Joy Pañares based fossil fuels like coal. indication; we have since changed that. We want to be realistic, Senate Oversight Committee on the Paris speaks with Commissioner Vernice Victorio of the so we are hoping to encourage businesses to make their own Agreement Climate Change Commission, Bienvenido Oplas Jr., Commitments made commitment, instead of shoving a fixed number down their president of the think tank Minimal Government throats.” Thinkers Inc., and Senator Loren Legarda, an Despite the constraints, the country is committed to President Rodrigo R. Duterte initially labelled the environmental campaigner. contribute to international efforts to reduce carbon emissions. agreement “unfair,” but transmitted the Instrument