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June 5, 2025
Business Features In Focus News

AboitizPower receives award for corporate governance standards

  • September 20, 2024
  • 0

Aboitiz Power Corporation (AboitizPower) received the a Golden Arrow Award for the third straight year, recognizing its commitment to upholding corporate governance standards and aligning with international best

AboitizPower receives award for corporate governance standards

Aboitiz Power Corporation (AboitizPower) received the a Golden Arrow Award for the third straight year, recognizing its commitment to upholding corporate governance standards and aligning with international best practices.

The firm earned a prestigious 3-arrow recognition, achieving a score of 107.11 out of 130 in the 2023 ASEAN Corporate Governance Scorecard assessment for publicly listed companies. This accolade highlights its commitment to maintaining high standards of corporate governance.

AboitizPower stands as one of the largest power producers in the Philippines, boasting a diverse portfolio of assets distributed nationwide. 

The company is a significant contributor to renewable energy (RE), operating numerous hydroelectric, geothermal, and solar power generation facilities. Additionally, it includes thermal power plants in its generation mix to effectively meet the country’s baseload and peak energy demands.

For many years, AboitizPower and the Aboitiz Group have embedded ESG strategies—focusing on environmental, social, and corporate governance—into their core operations. 

Their commitment to these principles has positioned them as exemplary leaders in environmental stewardship, social responsibility, and corporate governance, earning them accolades for their impactful initiatives.

To support the Philippines’ target of 35% renewable energy in the power generation mix by 2030, AboitizPower is focused on expanding its investments in renewable energy assets, with a strategic objective of achieving a total capacity of 4,600 MW.