Intellectual Capital

Strengthening our IT Infrastructure, and Information Security

Following our rapid digitalization efforts after shifting to a hybrid work set-up caused by the COVID-19 pandemic, we continued our thrust in this area by strengthening our information technology (IT) infrastructures. Through their digital expertise, our IT group has been a constant support to our corporate functions and subsidiaries in setting up a robust IT system, meeting the intricate needs respective to their operations. To complement our existing digitalization and centralization efforts, improvements in IT infrastructure included application service delivery, business relationship management, records management, data privacy, information systems, industrial control systems, and other IT advisory services in 2022.

Protecting our corporate data, strengthening our information systems, and ensuring that our digital workflows are uninterrupted are considered top priorities by the conglomerate, as our operations are spread out in various parts of the country and most of our corporate support functions remain working remotely. Our risk management and IT group have integrated these issues as a core element of BCM and regular risk assessments.

Policies and practices on data privacy and information security management systems (ISMS), in the form of conducting regular penetration testing, vulnerability scanning, and regular software updates, are also present to further safeguard the company’s digital assets. Employees, regardless of their function in the company, are capacitated on best practices in safeguarding the company’s information systems through our active Information Security (InfoSec) campaigns in official internal channels. These activities have all bore fruit as there are no cases of breaches in data privacy for the entire conglomerate in 2022.

Maintaining our Management Systems

As a conglomerate with strategic investments in industries that contribute to nation building, our subsidiaries are positioned to meet the competitive demands of their respective industries while addressing the needs of our stakeholders. To ensure this, we endeavor to maintain the highest quality of products and services through robust quality management systems for our subsidiaries.

Our power generation, energy solutions, and construction business segments continue to excel and be ISO-certified in quality management, environment management systems, occupational health and safety, and asset management. To maintain these, our businesses have internal audit capabilities to regularly monitor the implementation of these systems.

Espousing our Mission through our Group’s Offerings

Our business segments are enjoined to creatively develop product and service offerings that are well aligned to our mission of decarbonization and regeneration. Through our comprehensive capacity building sessions with key corporate functions within the last few years, our subsidiaries have integrated these learnings in their business development activities and operations.

Power and Energy

We pursue electrifying the country through natural gas and renewable energy sources, such as geothermal, hydropower, solar, and wind. Positioned as a transition fuel by the Philippine Energy Plan, our natural gas facilities serve as an initial step in decarbonizing the country as we expand our renewable energy portfolio and other clean technologies;
We venture to decarbonization technologies through working with our customers in ensuring they are using energy efficiently.

Construction and Energy Services

We embody our mission through offering construction and infrastructure services that contributes to climate-resilient built environment;
We strive to improve our capabilities and expertise in these markets: Power Generation and Energy, Sustainable Water Infrastructure and Management, Transport Infrastructure, and Specialized Buildings.

Energy Solutions

We introduced the Biodegradable Distribution Transformer (BioDT) in 2020 and launched the Super Green Transformer in 2021, both of which are more efficient and have less environmental impact compared to the traditional amorphous transformers;
In assisting our clients in their energy efficiency initiatives, we expanded our services to provide smart and digital solutions. We now offer smart meters, smart poles, and distribution monitoring systems (DTMS).

Residential and Commercial Real Estate

We incorporated solar panels on newly developed commercial buildings and will install chargers for electric-powered vehicles to encourage community members to use e-vehicles;
To conserve water use, all our developments have incorporated efficient water collection technology and use of low-flow water fixtures for bathrooms and kitchens;
Three commercial properties of our real estate business remain to be certified by USGBC’s LEED: 8 Rockwell, Rockwell Business Center Sheridan, and 1 Proscenium.

Industrial Real Estate

To better serve locators, we encourage working with an energy services company to assist them in managing their electricity use more efficiently;
All new properties in development will utilize solar panels and rainwater harvesting systems;
Charging stations for electric-powered vehicles will also be installed to further promote its use within the industrial park’s premises.

Summary

We are steadfast in our group-wide digitalization through the support of our Information Technology group.

In ensuring that we deliver the best to our customers and other stakeholders, we continue to uphold and implement our management systems and have them certified by external parties. We maintained our ISO certifications for Quality Management, Environment Management, Occupational Health and Safety Management, and Asset Management.

We embed the essence of our mission in our products and services by offering clean and renewable energy, energy efficiency, water infrastructure, and green buildings.

Non-Financial Outcomes

We improved our intellectual capital through maintaining robust IT systems that protect the company’s knowledge and information, and added to our ISO certifications, to deliver the best product and service offerings.