Acen Corp 2024 AR2
The report highlights ACEN Corporation's progress in expanding its renewable energy portfolio, reaching 6,828 MW of net attributable capacity across the Asia-Pacific region and the United States. In 2024, the company's attributable generation output increased by 24% year-over-year to 5,772 GWh, driven by newly operational plants. ACEN continued to advance its Net Zero roadmap, aiming for near-term emission reductions by 2030, reduction-led decarbonization by 2040, and Net Zero status by 2050. Additionally, the company made significant strides in early coal retirement through the Energy Transition Mechanism and explored the utilization of Transition Credits to accelerate the decommissioning of the South Luzon Thermal Energy Corporation coal plant.
Company: Acen Corp
Sector: Utilities
Country: Philippines
Year: 2024
Type: AR2
Pages: 616
Acen Corp
Annual Report
The report highlights ACEN Corporation's progress in expanding its renewable energy portfolio, reaching 6,828 MW of net attributable capacity across the Asia-Pacific region and the United States. In 2024, the company's attributable generation output increased by 24% year-over-year to 5,772 GWh, driven by newly operational plants. ACEN continued to advance its Net Zero roadmap, aiming for near-term emission reductions by 2030, reduction-led decarbonization by 2040, and Net Zero status by 2050. Additionally, the company made significant strides in early coal retirement through the Energy Transition Mechanism and explored the utilization of Transition Credits to accelerate the decommissioning of the South Luzon Thermal Energy Corporation coal plant.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Net Zero Target
Employees