Manila Water Co Inc 2004 SR
The report highlights Manila Water's transformation from a public sector entity to a financially stable, socially responsible private company following its 1997 privatization. Key achievements in 2004 include increasing 24-hour water availability to 89% of the central distribution system and reducing non-revenue water to 43%. The company launched its first sustainability report, detailing initiatives like 'Tubig Para Sa Barangay,' which has benefited over 700,000 low-income residents. Environmental efforts focused on watershed protection, backwash water recovery, and energy efficiency in pumping stations. Manila Water also formalized its commitment to corporate governance by establishing an Audit Committee and publishing a Corporate Governance Manual.
Company: Manila Water Co Inc
Sector: Utilities
Country: Philippines
Year: 2004
Type: SR
Pages: 25
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Manila Water Co Inc
Sustainability Report
The report highlights Manila Water's transformation from a public sector entity to a financially stable, socially responsible private company following its 1997 privatization. Key achievements in 2004 include increasing 24-hour water availability to 89% of the central distribution system and reducing non-revenue water to 43%. The company launched its first sustainability report, detailing initiatives like 'Tubig Para Sa Barangay,' which has benefited over 700,000 low-income residents. Environmental efforts focused on watershed protection, backwash water recovery, and energy efficiency in pumping stations. Manila Water also formalized its commitment to corporate governance by establishing an Audit Committee and publishing a Corporate Governance Manual.
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Document Details
Report Year
2004
Reporting Period
Jan 1, 2004 - Dec 31, 2004
Fiscal Year
2004
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees