Powering the good life through Meralco’s long-term sustainability strategy

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Powering the good life through Meralco’s long-term sustainability strategy
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POWERING THE GOOD LIFE. Meralco reaffirms its commitment to sustainability with a wide set of initiatives to sustainably power cities and communities while preserving the planet, empowering people, and creating prosperity for all.

Recently, Meralco unveiled its plans to slash its direct emissions by over 20% through 2030 in line with the company’s goal to become coal-free by 2050. This target covers Scope 1 emissions, which refer to greenhouse gas emissions directly generated by the company from its thermal power generation and from the use of fuel for vehicles and other equipment.

This will eventually allow the company to reduce its total GHG emissions by 15% vis-à-vis its projected baseline 2030 emissions, in line with its energy transition commitment. The company has also installed EV charging stations in strategic locations across its franchise area. To continuously drive research on electric mobility, it also performs independent testing of EVs and chargers at the Meralco Power Lab—its testing facility for electricity consumption of various devices.

Under the program, OMF has forged partnerships with various organizations, such as the Green Earth Heritage Foundation in San Miguel in Bulacan, the Fostering Education and Environmental Development organization for Siniloan in Laguna, and various local government units in the provinces of Bohol, Bukidnon, Agusan del Norte, among others.

Meralco stood out as the sole recipient of the Gold Stevie under the “Sustainability Leadership Award in Asia, Australia, and New Zealand” category. This esteemed accolade acknowledged the company’s exceptional dedication to embedding sustainability at the core of its corporate strategy and operations.

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