The report details Meralco?s sustainability performance during a challenging year marked by a global health crisis and various natural disasters. The company details initiatives taken to provide reliable and affordable energy, including energizing over 90 vital institutions during the pandemic, expanding microgrids, and achieving 99.94% electrification in its franchise area. The report also highlights efforts in protecting the planet, including a transition to cleaner energy, the reduction of GHG emissions, the shift to plant-based ester oil for distribution transformers, and a commitment to planting 3 million trees through 2025. The report also focuses on the company's efforts to care for its people, including investing in employee safety and well-being through programs like Orange Fit and CODE Light Bot, promoting gender diversity through the UN Women?s Empowerment Principles, and providing career development opportunities through various training programs. The report concludes by highlighting Meralco?s commitment to creating a more prosperous future for its stakeholders through initiatives like the Meralco Supplier Sustainability Scorecard (MS3), which aims to promote sustainability principles within the company?s supply chain.
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Manila Electric Company (Meralco) 2020 Sustainability Report
Issuing Company Manila Electric Company (Meralco)
Report Type Sustainability Report
Report Language EN
Report Filesize 54.83 MB
No. of Pages 107 pages
Reporting periodJanuary 1, 2020-December 31, 2020
Report Edition2
Assurance Provider DNV
Reporting Standards GRI; Core option; SASB Standards; others
Materiality Assessmenttrue