First Philippine Holdings Corp 2025 Integrated Report
Company: First Philippine Holdings Corp
Sector: Energy utilities
Country: Philippines
Year: 2025
Type: Integrated Report
Pages: 198
The report describes FPH's 2025 transition from a diversified conglomerate toward a more renewable-led and regenerative portfolio, including the divestment of 60 percent of its natural gas exposure. It sets a 42 percent GHG reduction target by 2030 from a 2023 baseline and reports sharply lower operational emissions after the portfolio change. The report also highlights a 7,834-person workforce, 23.09 average training hours per employee, and zero employee fatalities, while noting one contractor fatality. A double-materiality assessment and expanded governance, risk, and ESG monitoring processes support the Group's transition agenda.
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