Ecosystem conversion and restoration
The company does not have a commitment to ensure zero conversion, nor does it have time-bound targets to achieve conversion-free supply chains. The company also does not disclose activities to achieve conversion-free supply chains.
Furthermore, the company is not committed to restoring ecosystems and it does not disclose details and outcomes of ecosystem restoration projects in areas affected by its own operations or by its suppliers.
GHG emissions
The company should report progress against its scope 1, 2 and 3 targets. Crucially, the company needs to reduce its scope 1,2 and 3 emissions and its targets need to align with a 1.5-degree trajectory.
Impact and dependencies assessment
While the company has conducted five Sustainability Risk Assessments by the end of 2022, using its Sustainability Assessment Tool, and also conducts annual reviews of its environmental performance, it has an opportunity to assess and disclose its impacts on nature, including biodiversity, within its own operations. The company is in the process of developing methods to assess risks from a business sustainability perspective in its upstream business relationships, with a focus on environmental, occupational health and safety, and social factors. However, it has an opportunity to assess and disclose its impacts on nature, including biodiversity, in its upstream business relationships. It also has an opportunity to assess and disclose its dependencies on nature within its operations and upstream business relationships.
Invasive species
The company has not identified any activities that could lead to the introduction of invasive alien species in its own operations.
Key areas and species
While the company actively collects data on waterbirds around the Pagbilao and Sual power plants in collaboration with TeaM Energy Corporation and acknowledges the presence of species such as the Philippine duck designated as “vulnerable” by the IUCN, there’s room for broader disclosure. The company can further highlight species across its entire operations and their respective statuses. Additionally, transparency regarding biodiversity-rich zones adjacent to all their operational locations will bolster their commitment. Similarly, while they recognize biodiversity risks for their Supplier/Project Country, unveiling locations of all upstream business relationships near vital biodiversity areas can amplify their accountability.
Resource exploitation and circularity performance
No evidence was found regarding the company’s efforts to work towards a circular economy or which organisms it exploits. The company has an opportunity to develop a strategy and publicly report on specific, time-bound targets.
Solid and air pollution
The company should commit to avoid developing or marketing new chemicals or products with SVHC (substance of very high concern) properties, as well as work on reducing the production of hazardous substances and waste. It has an opportunity to disclose time-bound targets to reduce air pollutants across the most material parts of its value chain. While the company describes its activities to reduce plastic use and transition towards sustainable packaging, it has an opportunity to disclose the associated quantitative data, including the amount of plastic waste generated and proportions directed from or to disposal.
Water
The company reports an increase in water withdrawal. The company has an opportunity to set time-bound targets and engage with suppliers to reduce water withdrawal. The company does not disclose relevant information on water pollution. The company does not disclose a commitment to respect the right to water. The company does not disclose its processes for implementing preventive and corrective action plans for identified specific risks to the right to water and sanitation in its own operations.
