News & Features

Tag: energy

GEOP lowers electricity bills for business enterprises

Availing the Department of Energy’s (DOE) Green Energy Option Program (GEOP) will bring significant savings on the electricity costs of business enterprises, a representative of Vita Tropic Ice Company, Inc. said during The Climate Reality Project Philippines’ energy literacy and movement-building training session held earlier this month.

Vita Tropic is among the few and first GEOP switchers in the country. The GEOP is a new mechanism implemented by the DOE that allows electricity end-users with an average 100kW or above to source their electricity from renewable energy sources.

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Private sector told: “walk the talk” on sustainability, ESG in corporate strategy

Although sustainability has become the core priority of today’s corporate boards, the need for directors to enhance accountability and operationalize environmental, social and corporate governance (ESG) principles in leadership strategies has outpaced performance. For companies looking to establish their presence for the long-haul, this can only pave the way for a more resilient, high efficiency future.

This was the overarching message delivered in the webinar organized by the Institute of Corporate Directors (ICD), the Institute for Climate and Sustainable Cities (ICSC), and The Climate Reality Project Philippines.

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[Watch the film] Now or Never: The Philippines

For this year’s #COP26, we supported U&I Global, a UK-based multimedia platform that educates, inspires and connects people to build a sustainable future, in making the film “Now of Never: Climate Change in the Philippines.”

The short film explores how climate change is experienced and tackled in the Philippines.

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What We Want from COP26: The Philippines

Although it only accounts for about 0.3% of global emissions, the Philippines is extremely vulnerable to the impacts of climate change and disasters due to its geographic location.
In line with this, we talked to our counterparts in The Climate Reality Project in the US to lay out what’s at stake for the country in the ongoing #COP26 in Glasgow.

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Private sector urged to support local climate resilience and 1.5 degree Paris goal

Corporate directors in the Philippines explored opportunities to accelerate climate action and resilience in coastal communities, as world leaders underscore greater climate action from the private sector in the ongoing climate talks in Glasgow. Business officials were presented with corridors where they could contribute to meeting the country’s Nationally Determined Contribution (NDC) and the 1.5 degrees Celsius global warming threshold set in the Paris Agreement.

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