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Lopez company pushes the in renewable energy - Food Additives Ingredients - China Food Additives An by he ni
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Lopez company pushes the in renewable energy - Food Additives Ingredients - China Food Additives An by HE NI
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| Article Posted: 07/23/2013 |
| Article Views: 55 |
| Articles Written: 1145 - MORE ARTICLES FROM THIS AUTHOR |
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Lopez company pushes the in renewable energy - Food Additives Ingredients - China Food Additives An |
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Business,Business News,Business Opportunities
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When the nature of your business is all about going green andensuring sustainability, it is easy to think you have already doneenough for the country. Energy Development Corp., however, believes otherwise and refusesto stop there. As the country s biggest producer of geothermal energy, EDC, as itis, is already helping the country pursue a healthier, moreenvironment friendly low-carbon future by harnessing the country sindigenous power resources. Geothermal energy, in particular, has been touted as a clean,renewable and generally sustainable energy source that because itdoes not use combustion in the production of electricity emitssignificantly lower levels of carbon dioxide as compared to fossilfuel-fired power plants.
However, the Lopez affiliate company also recognizes that in orderto be truly sustainable in one s operations in this case, powerproduction operations it has to ensure not only its ownoperations, but also the holistic and inclusive growth of both itshost communities and surrounding environment. Take the case of its operations in Valencia in Southern Negros,whose residents, for over three decades now, have been reaping thebenefits of being a first class municipality. Materials provided by the EDC showed that the company scontributions to this local economy, since it began operating the192.5-megawatt geothermal facility in Southern Negros in 1983, havesince resulted in healthier families, more kids in school,brighter students, profitable farmers and community associations,more lush forests and the hope of a better future for Valencia. For this year alone, EDC has earmarked P12.6 million for itscommunity investments for its Southern Negros Geothermal ProductionField (SNGPF). This budget is being allocated for several strategic andcomprehensive programs concerning health, education, livelihood andenvironment.
In the same manner that EDC has been uplifting the lives ofcountless people in its areas of operation, the company has helpedValencia and the entire province of Southern Negros achievesustainable progress as the seat of clean power in the Visayas, EDC explains. As EDC strives to achieve global domination in the production ofclean geothermal power, it goes on to build the Philippine nation,one community at a time, it further notes. From the company s social forestry program back in the early 80s,which aimed to transform slash-and-burn farmers (kaingeros) intoforest stewards, EDC s corporate social responsibility program hassince evolved into a more sustainable, holistic endeavor. Aptly named Community Partnerships, this CSR program continues toempower EDC s host communities and helps them break out of thecycle of poverty.
Fostering self-reliance Beyond the usual livelihood training, EDC has planted seeds ofprogress among its farmers and community associations throughvalues formation seminars and by helping them build theircapability. These initiatives have helped residents establish agood financial record and have capacitated them to work on severalsmall scale labor projects. EDC s 11 farmers and community associations in SNGPF were able toget P26 million worth of small scale labor contracts in the companysuch as grass-cutting, minor repairs, slope stabilization. Residents likewise earned an additional income of P1 million fromthe trading of their produce, which came from the demo farm thatEDC had provided. At present, they regularly supply quality sweetcorn to a popular corn food stall in Dumaguete City.
Educational assistance Up in the mountain barangays at Valencia, practically no one everdreamt of finishing college at the University of the Philippines(UP) considering their distance and poverty. EDC however, taught its high school scholars to dream and gave thema chance to make it a reality by preparing them for the UP CollegeAdmission Test (Upcat) under its College Admission, Review andReadiness (Careers) program. Four of the reviewees from EDC s host schools in Southern Negroshave passed the Upcat in 2011 and have been given a new lease ontheir educational life as UP scholars beginning this school year. Over the past two years, Energy Development Corp., through itsCareers program, has produced a total of 27 UP passers a numberthat geothermal firm hopes to also grow over the long term. Modern health building To replace the already dilapidated rural health center, EDC alsobuilt last year a modern health building to provide Valenciaresidents access to better health and medical services.
Thefacility was turned over to Valencia early this year. First responders Disasters have a tendency to bring out the best in people. This was proven by the Barangay Emergency Response Teams (BERT)that EDC formed in its host communities in Valencia when they firstresponded and reported the damage that tropical storm Sendong brought to their municipality in December 16 last year. While others were busy partying or preparing for Christmas, theBERT members and EDC s team from SNGPF helped the families thatwere badly affected by Sendong through their relief and evacuationoperations. Join us on Recent Stories: What ails Philippine economy? 2 Constitution framers take differingviews Frugality with style: The 2012 Hyundai Eon Audi A6 3.0 TDI Quattro: Legendary Le Mans-bred technology Car-proofing your kids Kato tipped to meet Katy in Singapore s Night Race BMW 528i makes a thousand-mile journey a thrill Luxury cars: Easy to ride, hard to maintain Trumps eye more Philippine projects Imports down 13.7% in April; electronics off 22% DoTC holds transfer of Pantranco franchises to Victory Liner.
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