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Aboitizland and Ayala Break Ground on Gatewalk Central PETNET Launches PERA HUB Brand Sacasun Generates Employment for Women

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Aboitizland and Ayala Break Ground on Gatewalk Central PETNET Launches PERA HUB Brand Sacasun Generates Employment for Women The Official Publication of the Aboitiz Group 3rd Issue 2016 www.aboitizeyes.aboitiz.com SacaSun generates PETNET launches AboitizLand and Ayala break employment for women PERA HUB Brand ground on Gatewalk Central P. 26 P. 34 P. 42 Cover Story Infrastructure 04 Cleanergy 45 Republic Cement cites innovation as key to sustainable development 46 Cement 101: KAPIT-BALAYTM 47 A warm homecoming for the Republic Cement cadet engineers Corporate Center 10 Unboxing the Aboitiz Talent Management System 12 Try the New Mentoring Cluster Construction 14 Aboitiz Group Information Security Management 48 Aboitiz Construction signs on to build fuel storage facility in Subic 15 Business Units train in REDAS 49 ‘Shades of Summer’ colors Kauban Day 2016 16 The next era of communication 18 AEV and AP Annual Stockholders' Meeting 2016 19 Meet the Board 2016 CSR 20 Happy 60th Birthday, EIA! 50 Aboitiz donates 246 Silid Pangarap classrooms in six years 22 Stewards and storytellers converge at Joint Forum 51 Record high 2,000 Aboitiz TMs join nationwide 'Brigada' 2016 23 Honor Roll 52 CSR updates 56 RAFI's 50th anniversary kicks off with a tour of Don Ramon's house 57 Candidates' Forum helps Cebuanos make empowered choices Power 58 New classrooms and day care centers open across Cebu 59 Gabii sa Kabilin draws larger crowds 26 SacaSun generates employment for women 60 Message from the Chairman of WeatherPhilippines 28 Aseagas transfers to Aboitiz Renewables, Inc. 61 El Niño: Key points from 2015-2016 (Part 2) 29 SNAP completes Maris Reservoir Optimization Project 30 Visit TSI’s Learning Center in Davao City 31 VECO celebrates 111 years 32 Barangay Pulong-pulong campaigns for wiser electricity use Sustainability 33 VECO expands Occupational Safety and Health Committee 62 One million trees for home and heritage 64 Homecoming 66 Sporting a healthy and sustainable lifestyle Banking and Financial Services 34 Introducing PERA HUB Column 36 UnionBank’s net income climbs 8.95% in Q1 37 First Life Financial uses UnionBank's cash management solutions 68 Notes by Endika Aboitiz: Leadership 38 FinnUvate Expo: a celebration of innovation 39 UnionBank holds 21st Leadership Learning Council People 70 Profiles: Felino Bernardo on Renewables (and Marrying Miss America) Food 72 Round Up: New Roles, New Hires, Promotions, and Transfers 40 Pilmico and partners break ground on meat cutting plant in Butuan 41 Mahalin Pagkaing Atin Updates Land 42 AboitizLand and Ayala break ground on Gatewalk Central 43 Cebu's history highlighted at annual 'Gabii' 44 AboitizLand launches Surya, a new phase in Amoa Aboitiz Equity Ventures, Inc. CONTRIBUTORS Chairman Editor-in-Chief Associate Editors Circulation Officer Corporate Center Aldo Ramos Jon Ramon Aboitiz Susan Valdez Cristina Biyo Yhol Colegado Anji Anzuelo Carol Rosini Rohj Mariano Jason Brasileño Mia Zamora President & CEO Executive Editor Belinda Dugan Franz dela Fuente Power Erramon Aboitiz Malou Marasigan Creative Directors Racquel Galang Merly Bajao Merry GC De Miguel Marijo Jamora Ruann May Barace Chief Operating Officer Managing Editor Ricky Sibonghanoy Marilou Plando Ria Calleja Sabin Aboitiz Dave Devilles Carlo Franco Nina Pedro MJ Cendaña Ralph Placido Ronimay Ducay 18 34 56 42 4 26 40 Arcel Madrid Jomes Kemuel Land Construction Roxanne Romares Sustainability Column Clarice Marucut Ibañez James Labrigas Ronaldo Amodia Jecel Villacorte Fermin Edillon Endika Aboitiz Liberty Pinili Carlo Gahol Arianne Manzo Zeny Novabos Jason Magnaye Lloyd Revilla Liane Reyes RAFI Elina Mendoza People Ferina Santos Paula Ruelan Infrastructure CSR Rene Martel Gloidan Papas Tanya Barredo Kristina Vargas Rizzel Canada Rechiel Cordova Soc Patindol LA Cruz Food Rose Enriquez Jade Hazel Gamas WeatherPhilippines Andrei Soriano Aldwin Dumago Banking and Anna Carreon Myle Macalam Will Lois Perez Lia Neri Francis Estolano Financial Services Rhea Embalzado Louie De Real Kaye Rosario Raissa Refran Chris Cañadella Champ Yared Read online at aboitizeyes.aboitiz.com The paper used in the inside pages is 100% biodegradable and recyclable. Cleanergy Committing to the Renewable Energy Development Program of the Philippines 4 ABOITIZ EYES | 3rd Issue 2016 Cover Story With all the combined and continued support of our partners and stakeholders, we will continue to provide a sustainable solution for our country’s growing demand for power, and to energize the dreams and hopes of our fellow Filipinos for A Better Future. - Erramon I. Aboitiz, CEO, AboitizPower It was a bright and sunny day, the perfect The solar power generating facility is the producing over 82,000 gigawatt hours of clean backdrop of a historic event in San Carlos City, latest renewable energy project added to the list energy, enough to power 33,000 homes and to a component city of Negros Occidental in of Cleanergy, AboitizPower’s brand that houses offset 44,000 tons of carbon emissions over 20 Western Visayas. Nestled inside the 75-hectare the company’s portfolio of clean and renewable years, the equivalent of taking around 10,000 San Carlos Ecozone in Barangay Punao, are the energy assets that include hydro, geothermal, cars off the road. neatly lined solar panels that glimmer with now solar and soon biogas. During his speech, President Benigno S. newness as the sun’s ray hit their surface. Through its subsidiary, San Carlos Sun Power, Aquino III thanked AboitizPower’s renewable Nearby, a crowd of 300 people gathered Inc. (SacaSun), AboitizPower now operates energy projects, which contribute to the to witness the much awaited switch-on of its first solar power plant. SacaSun delivers government’s goal of increasing renewable AboitizPower’s 59-MWp solar power plant. clean and renewable power to the Visayas grid energy-based capacity to 15,304 MW by ABOITIZ EYES | 3rd Issue 2016 5 Cover Story Binga hydroelectric power facility Tiwi Geothermal Power Plant AboitizPower is a renewable 2030 under the Philippine Energy Plan (PEP) power generation company 2010-2030. “I’m hopeful that Aboitiz will remain a AboitizPower offers its customers Cleanergy, consistent partner and continue its trend of its brand for clean and renewable energy working with the government, investing in the that aims to provide an energy solution that Filipino, and helping shape A Better Future for leaves a lighter impact on Earth’s climate & its limited resources. mankind,” Pres. Aquino said. AboitizPower is one of the country’s largest producers of renewable energy. Together with 29 its partners, the Cleanergy portfolio generates renewable power 1,263 MW (total net sellable capacity). This generation facilities demonstrates AboitizPower’s commitment to support the government’s push for a balance 1,263MW of renewable and non-renewable power Total net sellable capacity sources to address the country’s increasing Cleanergy portfolio is composed of energy demand. hydro, geothermal, and solar energy sources In his message, AboitizPower CEO Erramon I. Aboitiz reiterated the company’s commitment to support the country’s energy development program. “With all the combined and continued support of our partners and stakeholders, we will continue to provide a sustainable solution for our country’s growing demand for power, and to energize the dreams and hopes of our fellow Filipinos for A Better Future,” he said. Partner in renewable energy development AboitizPower’s early investments in renewable energy started with the run-of-river hydropower plants developed and operated by its subsidiary Hedcor. Irisan 3 plant is the first plant owned by Hedcor in Benguet and commissioned in HERE COMES THE SUN. President Benigno S. Aquino III led the ceremonial switch-on of AboitizPower's first solar power project in San Carlos City. (Watch the SacaSun inauguration video on aboitizeyes.aboitiz.com) June 1991. Throughout the years, AboitizPower 6 ABOITIZ EYES | 3rd Issue 2016 Cover Story has acquired and developed more renewable power plants that complement its balanced mix AboitizPower’s vision of A Better Future is in portfolio of power assets, supplying electricity to keeping with the goal of the Philippine Energy a growing nation. Today, AboitizPower’s net sellable capacity Plan 2010-2030, which aims to provide a stands at 38% or 1,263 MW renewable energy, a ratio which is higher than the country’s energy better quality of life for Filipinos by ensuring mix at 32% or 5,324 MW of dependable capacity as of December 2015. Given its balanced mix of the delivery of secure, sustainable, sufficient, renewable and non-renewable energy sources, AboitizPower is uniquely positioned to provide affordable and environment-friendly energy to customers with their choice of the right power all economic sectors. solution that is reliable, reasonably priced and has the least impact on the environment. AboitizPower's This means addressing the power needs for baseload, intermediate and peaking loads, as Balanced Mix Global power well as ancillary services for grid stability and PORTFOLIO generation through system management. renewable energy (Total Net Sellable Capacity) Through Cleanergy, AboitizPower further provides customers with a choice that leaves a 28% lighter environmental impact. Recently, Aseana or 1,712 GW City land developer booked a 10-year contract in 2014* with AboitizPower to provide for one of its * Source: Renewable Energy Policy Network of the 21st Renewable building’s power needs (see story on page 27). The Century. (2015). Renewables 2015 Global Status Report supply will be provided by the geothermal power Philippine Grid plants in Tiwi and Makban, which are operated by 38% subsidiary AP Renewables Inc. (APRI). Non-Renewable renewable32% energy Investing in more renewable energy projects amounting to 5,324 MW* 62% Based on the PEP's demand-supply projections, in terms of power supply a total of 29,329 MW of dependable capacity will *based on dependable capacity. Source: DOE, December 2015 be needed in all major grids of the country by 2030. The Luzon grid needs at least 20,000 MW; Subsidiaries SN Aboitiz Visayas, 4,400 MW; and Mindanao around 4,200 Power (SNAP), AP MW.
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