Aboitiz Equity Ventures Inc 2016 IR
The report highlights Aboitiz Equity Ventures' (AEV) and AboitizPower's consolidated performance for 2016, marking the maiden release of their consolidated annual and sustainability report. AEV achieved a consolidated net income of PHP 22.5 billion, a 27% increase year-on-year, driven by strong contributions from its power and cement businesses and UnionBank. AboitizPower expanded its portfolio by completing the acquisition of GNPower baseload assets in Bataan and inaugurating the 59-MWp San Carlos solar plant. On the sustainability front, the Group planted 5.4 million trees under its A-Park program and achieved 50% CSR 2.0 status for its community projects.
Company: Aboitiz Equity Ventures Inc
Sector: Industrials
Country: Philippines
Year: 2016
Type: IR
Pages: 109
Aboitiz Equity Ventures Inc
The report highlights Aboitiz Equity Ventures' (AEV) and AboitizPower's consolidated performance for 2016, marking the maiden release of their consolidated annual and sustainability report. AEV achieved a consolidated net income of PHP 22.5 billion, a 27% increase year-on-year, driven by strong contributions from its power and cement businesses and UnionBank. AboitizPower expanded its portfolio by completing the acquisition of GNPower baseload assets in Bataan and inaugurating the 59-MWp San Carlos solar plant. On the sustainability front, the Group planted 5.4 million trees under its A-Park program and achieved 50% CSR 2.0 status for its community projects.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Employees