News & Features

Tag: energy

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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Rapid PHL energy transition best for faster economic recovery – private sector

Corporate directors stress the urgency to fast track the energy transition in the country, heeding the Code Red warning issued by the United Nations Framework Convention on Climate Change (UNFCCC) earlier this year.

“Evidence clearly shows even before the pandemic that coal has been intermittent and unreliable. As households and the private sector struggle with the economic impacts of COVID-19, data also shows coal is the reason behind spiking electricity bills and rotating blackouts. Continuing with coal is Code Red for businesses,” said Jephraim Manansala, chief data scientist of the Institute for Climate and Sustainable Cities (ICSC), in the first part of the Pilipinas: Aspire, Rise, Sustain corporate governance series organized by the Institute of Corporate Directors (ICD) with ICSC and The Climate Reality Project Philippines.

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Eleventh Hour: Hope and optimism through youth-led local climate solutions

In our Manila Bulletin column Eleventh Hour this week, Pinoy Climate Reality Leaders Keith Ancheta and Niña Catipon wrote about maintaining optimism in the face of the climate crisis.

They urge those who are losing hope in humanity to find inspiration in the climate actions and initiatives spewing from the determination of the youth to change things around and create a better reality for all.

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