ACEN Corporation (“ACEN”), established in 2011 and registered in Manila, Philippines, has emerged as a key player in the energy sector. Initially reliant on thermal fossil fuel capacity, the company recognized the global shift toward renewable energy and embraced sustainability. By 2016, ACEN began transitioning its portfolio, scaling up renewable investments and divesting from fossil fuel assets. In 2019, it became Ayala Corporation’s listed renewable energy platform, consolidating and expanding its clean energy initiatives across the Asia-Pacific region. With a core mission to drive the global transition to a low-carbon future, ACEN continues to actively contribute to sustainability goals.
Transition to 100% Renewables
ACEN is committed to transitioning from a thermal-oriented portfolio to 100% renewable energy generation by 2025. Recognizing the importance of responsible divestment, the company ensures that emissions from phased-out fossil fuel plants are managed transparently and ethically. As a testament to its leadership in sustainability, ACEN became the first energy company in Southeast Asia to align with a comprehensive Net Zero roadmap, following a 1.5°C pathway for the power sector.
Sustainability Reporting and Global Standards
ACEN publishes an annual Integrated Report that details its sustainability efforts. This report aligns with leading global frameworks, including the Task Force on Climate-Related Financial Disclosures, the Sustainability Accounting Standards Board Standards, the Global Reporting Initiative Standards, Integrated Reporting, the United Nations Sustainable Development Goals, and the Carbon Disclosure Project. By adhering to these standards, ACEN ensures transparency, accountability, and measurable progress in its sustainability journey.
Environmental, Economic, and Social (EES) Impact
ACEN’s sustainability strategy is centered on key Environmental, Economic, and Social (EES) impact areas identified through stakeholder engagement and a comprehensive management process. These include biodiversity assessments, conservation of endangered species, protection of migratory species, responsible forest and land conversion, and sustainable water resource management. The company integrates these considerations into product and service design to minimize environmental impact while ensuring long-term sustainability.
ACEN 2030 and the Net Zero Commitment
The global energy crisis has reinforced the need for reliable and affordable electricity. Through its ACEN 2030 vision, the company aims to reach 20 GW of renewable energy capacity by 2030. This long-term strategy is closely aligned with ACEN’s commitment to achieving Net Zero emissions by 2050. As it phases out coal-fired generation, ACEN implements responsible divestment mechanisms, including the Energy Transition Mechanism, to ensure an ethical and sustainable shift to renewables.
Value Chain Sustainability and Risk Management
Beyond its operations, ACEN manages EES impacts across its value chain by engaging with suppliers, contractors, and third parties. The company’s Environmental and Social Policy, along with its Environmental and Social Management System, helps assess risks and implement action plans to mitigate environmental and social concerns. ACEN also adheres to ISO certification standards for quality management, environmental management, and occupational health and safety, ensuring operational excellence and regulatory compliance.
Circular Economy and Resource Efficiency
To further reduce its environmental footprint, ACEN has introduced circularity initiatives such as recycling plastic waste from solar plant construction. These initiatives reflect the company’s dedication to resource efficiency, minimizing waste, and promoting sustainable production practices.
Employee Well-being and Workplace Safety
ACEN fosters a safe, inclusive, and diverse work environment, investing in employee development and well-being. The company conducts regular safety training and risk management programs to ensure a secure and productive workplace. By prioritizing occupational health and safety, ACEN creates a culture of accountability and continuous improvement.
Governance and Sustainability Oversight
ACEN’s sustainability efforts are reinforced by a strong governance framework. Committees dedicated to Sustainability, ESG, Risk, and Health provide oversight, while a dedicated Sustainability business unit, led by the Vice President for Sustainability, ensures the implementation of responsible and ethical business practices.
Community Engagement and Social Impact
Beyond environmental sustainability, ACEN actively invests in socio-economic development within its host communities. The company collaborates with local governments, state agencies, and conservation groups to drive long-term positive impact. In 2022 alone, ACEN invested over ₱123 million in community initiatives, benefiting thousands of individuals, families, and local businesses.
