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ACEN gets higher rating for climate change report

Ayala-owned ACEN Corp. has secured a “B” rating from environmental non-profit disclosure system CDP for its climate change disclosure, moving two levels up from last year’s rating......»»

Category: financeSource: philstar philstarMar 15th, 2024

Young voters care about climate change. Politicians don t

Young people want action on climate change but research shows Indonesia's political class isn't listening. Climate change matters a lot to young Indonesians.   Several national surveys show that Generation Z and Millennials are concerned about the impact of climate change on their lives.  Politicians, however, appear to be ignoring the issue if their pu.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 14th, 2024

ACEN issues corporate guarantee on subsidiary’s loans

ACEN Corp., the listed energy platform of the Ayala Group, has issued corporate guarantee in support of loans amounting to $320 million of subsidiary ACEN Cayman......»»

Category: newsSource:  philstarRelated NewsJan 15th, 2024

Globe gets ‘B’ CDP rating for 3 consecutive years

Globe gets ‘B’ CDP rating for 3 consecutive years.....»»

Category: newsSource:  sunstarRelated NewsFeb 19th, 2024

Philippine calls for stronger action on climate change

Trade Secretary Alfredo Pascual has called for stronger sustainable trade and development initiatives to address climate change during the second ministerial meeting of the Coalition of Trade Ministers on Climate on the sidelines of the 13th World Trade Organization ministerial conference in Abu Dhabi, United Arab Emirates......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

ACEN gets support from Australian indigenous group

Ayala-led power unit ACEN Corp. has joined forces with Australia’s First Nations Yindjibarndi people to develop renewable energy projects on Yindjibarndi Ngurra, located approximately 13,000 square kilometers within Yindjibarndi’s exclusive native title land in Western Australia......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Study says since 1979 climate change has made heat waves last longer, spike hotter, hurt more people

Climate change is making giant heat waves crawl slower across the globe and they are baking more people for a longer time with higher temperatures over larger areas, a new study finds. Since 1979, global heat waves are moving 20% more slowly — meaning more people stay hot longer — and they are happening 67%.....»»

Category: newsSource:  inquirerRelated NewsMar 30th, 2024

Philippines rating unchanged in women, business and law index

The Philippines has made no progress in providing equal economic opportunities for women as it kept its previous year’s rating in the latest Women, Business and Law report of the World Bank......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Marcos Jr. urges developed states to rectify climate injustice

Developed countries should do more and act immediately to rectify climate “injustice,” President Marcos said yesterday, as he called for a multilateral approach to pushing back climate change......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

ACEN, BrightNight partner anew for renewable energy

ACEN, the Ayala Group’s listed energy company, has partnered with US-based BrightNight for the development, construction and operation of an initial one gigawatt renewable energy portfolio in the Philippines......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

ACEN, Marubeni partner for 200-MW BESS project

Ayala-owned ACEN Australia has teamed up with Marubeni Asian Power Singapore for the joint development of a 200 megawatts battery energy storage system in New South Wales, Australia......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

ACEN secures certification for WESM trading standards

ACEN, the Ayala Group’s listed energy platform, has received full compliance certification from Australian advisory firm Intelligent Energy System –  the first  among Philippine firms – for its adherence to the standards of the Wholesale Electricity Spot Market......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Job insecurity, climate change pose challenges in Philippines human development – UNDP

The lack of job security and the high exposure to climate and disaster risks are seen as challenges to the country’s economic growth and human development, making it necessary to make investments in climate resilience and education, according to the United Nations Development Program......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Climate talk: Marcos s contradictory policies on reclamation, energy, mining

AS ALL eyes are on the COP28 conference in Dubai, reports in the country continue to highlight climate change and environmental concerns; in the process exposing the Marcos administration's policy directions on climate issues as inconsistent, even contradictory.Timely reports on reclamation, energy, and mining flag the problems that persist. Media coverage reveal that the Marcos administration's policy direction.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Climate talk: Marcos s contradictory policies on reclamation, energy, mining

AS ALL eyes are on the COP28 conference in Dubai, reports in the country continue to highlight climate change and environmental concerns; in the process exposing the Marcos administration's policy directions on climate issues as inconsistent, even contradictory.Timely reports on reclamation, energy, and mining flag the problems that persist. Media coverage reveal that the Marcos administration's policy direction.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

PLDT taps ACEN for renewable shift

Telco leader PLDT Inc. is doubling down on efforts to mitigate its carbon emissions, tapping the help of ACEN Corp. in switching dozens of facilities to renewable energy......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

ACEN FY23 profit: P7.4-B (down 43%)

ACEN, the Zobel Family’s renewable energy holding company, posted an FY23 net income of P7.4 billion, which was 43% lower than the P8.6 billion it made in FY22......»»

Category: financeSource:  philstarRelated NewsMar 14th, 2024

ACEN inks power purchase deal with Australian firm

A subsidiary of Ayala-led ACEN Corp. and SmartestEnergy Australia have signed an eight-year power purchase agreement to offtake renewable electricity generated from its solar project......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

ACEN, BrightNight to develop 1 GW of renewables in Philippines

ACEN, BrightNight to develop 1 GW of renewables in Philippines.....»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

BPI strengthens partnership with ACEN to promote renewable energy

BPI strengthens partnership with ACEN to promote renewable energy.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

ACEN expands presence in US

ACEN Corp., the listed energy platform of the Ayala Group, has expanded its renewable power portfolio in the United States with the acquisition of a 38-megawatt wind project......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024