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ABC Stories

Take a break the A-People way

Despite the demands of work that need to be accomplished from a day-to-day basis, our team leaders and team members from Aboitiz Equity Ventures (AEV) and Aboitiz Power definitely don’t forget to take a deep breath, relax, and have some fun. Now that’s what we call work and play!

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Corporate Center

PARIMA Manila tackles evolving risks in gauging preparedness

Today’s risk practitioners are facing a new scope of risks with varied meanings in the way they impact operations. With the theme of ‘Redefining Risks’, the 2019 Pan-Asia Risk and Insurance Management Association (PARIMA) regional conference in Manila sought to understand these new challenges and posed this question: “Are risk professionals prepared?”

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Corporate Center

Meet our Risk professionals newly certified by PARIMA

Risk Management practitioners from across the Aboitiz Group were officially recognized as Certified Risk Professionals at the PARIMA 2019 Manila Conference last May 22 held at Shangri-La at the Fort. The nine Aboitiz team members had taken and passed the rigorous two-hour exam for the PARIMA-ANZIIF Certified Risk Professional Certification Programme (PA-CRP).

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Banking and Financial Services

PETNET recertified for ISO 9001:2015

PETNET, Inc. affirmed its adherence to world-class quality management standards after receiving the continued certification to ISO 9001:2015 Quality Management Systems awarded on March 5 by Certification International Philippines, Inc. (CIPI).

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Cover Story

Values-Driven Growth: AEV and AboitizPower ASM 2019

Aboitiz Equity Ventures, Inc. (AEV) has earmarked PHP81 billion in capital expenditures (capex) for 2019, a 65% increase from roughly PHP50 billion utilized in the previous year. The bulk of the fresh funding will be infused into power and infrastructure projects to sustain growth momentum over the long-term.

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Corporate Center

Ensuring earthquake preparedness

This week, two earthquakes — within 48 hours of each other — were felt in Luzon and in the Visayas and although Metro Manila and Cebu felt weaker tremors, the strength of the quakes was enough to rattle and cause shock among citizens.

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ABC Stories

#Teamwork: The A-Club Program is back!

Here in the Aboitiz Group, the fun and enjoyment don’t stop. In support of the mission to provide A-People with a gateway to widen their network and meet new people, the A-Club Program is back on its second year. This year, seven newly formed clubs are added to the six pioneer clubs, making this family a bigger community for 2019.

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ABC Stories

It runs in the blood

Giving back to the community in whatever way possible has always been in the DNA of A-People, and that includes donating blood. Aboitiz partnered with Philippine Red Cross for a bloodletting activity at the Taguig Corporate Center to contribute to the national blood requirement and help save more lives.

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Cover Story

Salamat kaayo, JRA!

Perhaps, Mr. Bobby Orig put it best: JRA was a hardened Giver — generous in giving you his full attention, guidance, epic stories and jokes, encouragement, appreciation, a bear hug. As A-People, JRA was our dedicated chairman but, more so, someone who openly shared himself to all, inspiring generations of team members to be the best at what we do.

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Honor Roll

Aboitiz ranks among Asean’s top 50 PLCs for corp gov

At the 2nd ASEAN Corporate Governance Awards held in Kuala Lumpur last November 21, Aboitiz Equity Ventures and AboitizPower were among named among the public listed companies (PLCs) to make it to the Top 50 ASEAN PLCs. AEV and AP were recognized for achieving excellence in corporate governance best practices based on the ASEAN Corporate Governance Scorecard (ACGS) assessment in 2017.

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Corporate Center

Bright ideas emerge from the Aboitiz Group’s first ‘Decode Tomorrow’ hackathon

The Philippines’ digital community, seen as an emerging growth sector, got a significant and innovative boost with the staging of the Aboitiz Group’s Decode Tomorrow: An Aboitiz Future Challenge. Held from November 10 to 11, gathered 800 professionals, start-ups, freelancers, and college students to a 24-hour hackathon to come up with solutions for business- and community-oriented challenges specific to Aboitiz business units.

After seven years, a Davao Light Kaibigan once again receives the Don Ramon Aboitiz Award of Excellence through Elmer "Bambi" Amigo (third from left). He is celebrated by his Aboitiz team leaders (from left) Rodger Velasco, Davao Light Chief Operating Officer; Txabi Aboitiz, AEV Chief HR Officer; and Jim Aboitiz, AboitizPower Distribution Group Chief Operating Officer.

Cover Story

Man of the Hour: Davao Light’s Elmer Amigo is 2018 DRAAE awardee

Elmer Amigo is blessed with a surname that appropriately describes who he is to many: a friend. The easygoing and trustworthy Bambi, as many call him, exemplifies passion and dedication to the profession he has held for nearly three decades. It is only fitting that Davao Light’s go-to guy has been presented with the 2018 Don Ramon Aboitiz Award of Excellence.

The Aboitiz Group will kickstart an agri micro-entrepreneurship program for corn farmers, build bakeries and donate baking equipment, conduct capability-building training, donate hollow-block making kits and sacks of cement to help rebuild structures, and donate electrical equipment to Lanao Del Sur Electric Cooperative (LASURECO) to help restore power service to the area.

Cover Story

Aboitiz launches sustainable livelihood programs in Marawi

The Aboitiz Group launched a number of sustainable livelihood programs to help Maranaos start anew, one year after Marawi City’s liberation from the armed siege. Dubbed “Kawiyagan: Biyaya ng Pagbabago”, the program is a series of sustainable livelihood initiatives for the residents of Sagonsongan Resettlement Site, which temporarily houses thousands of displaced families. It complements the government’s efforts to help the once bustling capital of Lanao Del Sur get back on its feet.

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Corporate Center

AEV’s nine-month net income up by 9% to PHP17.3 billion

On a year-to-date basis, AEVs net income for the first nine months of 2018 was PHP17.3 billion, 9% higher than the PHP15.9 billion recorded last year, while core net income stood at PHP17.7 billion, up 4% from PHP17.1 billion last year. Gains from the company’s Power, Food, and Land strategic business units contributed to the increase.

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Cover Story

EIA Zeroes in on Living Our Brand Promise

While this year’s ‘Coffee with EIA’ took a slightly different format by having only one session for the day instead of several, it provided an opportunity for both Aboitiz Equity Ventures President & CEO Erramon I. Aboitiz and team members to spend more time on the Q&A and digging deep on how our brand promise, advancing business and communities, applies in various circumstances.

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Banking and Financial Services

PETNET celebrates milestones and gears towards the future

It was a night of recognition as PETNET employees gathered at Casa Ibarra in their emerald green attire in celebration of the company’s 20th Founding Anniversary with the theme “PETNET @ 20: Celebrating Milestones, Valuing People” last August 10. The celebration highlighted the service awardees and the notable employees who contributed to the company’s success.

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ABC Stories

A-Clubs in Focus: Creating hope in the community through basketball

The A-Balleros take pride in knowing the history of the sport and everyone involved in it. Even before A-Club was launched, the members would rally to form a team that would represent in sports fests or even just for a simple friendly game after office hour. The club, in coordination and partnership with various business units, aims to have a weekly/monthly get together to play for camaraderie and fitness.

ABC champions from across the Aboitiz Group took a trip to Gawad Kalinga's GK Enchanted Farm to learn from and be inspired by the social enterprise models that are helping our local farmers create wealth in the countryside.

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Enchanted trip to a better future

“The planned tour around the farm was a memorable one. Every step taken was a step towards understanding human compassion — of how the vision and action of the farm’s founders led to a community of equally compassionate individuals, whose social enterprises not only benefit their own families and the program itself but as well as that of the communities where they operate.”

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Corporate Center

Stellar – The Aboitiz Recognition Night 2018

This year’s theme was aptly called “Stellar” — a word used to refer for “star” as the company shed the brightest light on its team members who are identified as the lifeblood of the organization — recognizing 40 awardees, ranging from 10 years up to 40 years of service from both Aboitiz Equity Ventures, Inc. (AEV) and Aboitiz Power (AP).

From left: Michael Gallagher, The Stevie Awards President, Henry R. Aguda, UnionBank Chief Transformation Officer, Michelle Rubio, UnionBank HR Director, and James P. Ileto, UnionBank VP Public Relations

Honor Roll

UnionBank takes home Stevie Awards for HR achievement

UnionBank was recognized at the 2018 Stevie Awards for Great Employers in ceremonies held last September 21 in New York City. The awards recognize the world’s best employers, human resources professionals, teams, achievements and all HR-related products and suppliers that help create and drive great places to work.

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End of the road for federalism?

IN his third State of the Nation Address (SONA) in July, President Rodrigo Duterte urged Congress to work on his proposal to change the Constitution to enable the Philippines to shift from the current presidential to a federal form of government. Curiously as we observed in our brief, he did it less forcefully then what many had expected considering that federalism, along with the drug war and anti-corruption drive, had been an oft-repeated subject of his lengthy monologues.

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Column

Notes by EMA: Civilization as it should be

There is a little shop in London called Sautter owned by Laurence Davis. He is an old friend of mine from whom I have been securing great Cuban cigars for a long time. In his little shop, he has four or five seats where aficionados enjoy their cigars, his company, and that of other civilized cigar smokers.

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Cover Story

Book Notes: “The Art of the Long View” (Part 2) by Carlos Aboitiz

The process of building scenarios starts with looking for driving forces; the forces that influence the outcome of events. They are a device for honing your initial judgment, for helping you decide which factors will be significant and which factors will not. Whenever I look for driving forces I first run through a familiar litany of categories: Society, Technology, Economics, Politics, and Environment.

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ABC Stories

Aboitiz Mindanao Unity Games 2018

About 200 A-People from various Mindanao-based Aboitiz business units came together for a day of fun-filled team activities at the second annual Aboitiz Mindanao Unity Games (UGames), held at Rancho Palos Verdes Clubhouse in Davao City on July 21, 2018.

Last October 15, Aboitiz unveiled an artist's perspective of the Balabag Wetland Park (Boracay Wetland No. 4) development project with Sec. Roy Cimatu (DENR), Sec. Eduardo Año (DILG,) DENR-BMB representatives, and LGU officials.
From left: AEV Government Relations Manager Missy De Guzman, Biodiversity Management Bureau (BMB) Executive Director Krisma Rodriguez, AEV VP Reputation Management Malou Marasigan, Interior & Local Goverment Secretary Eduardo Año, AEV Government Relations VP Christopher Camba, Environment Secretary Roy Cimatu, Aklan Governor Florencio Miraflores, Malay Vice Mayor Abram Sualog, Brgy. Balabag Captain Jason Talapian, and PGAA Architect Paulo Alcazaren.

Cover Story

Aboitiz joins campaign to redeem the Boracay wetlands

The Aboitiz Group is giving the government’s ongoing rehabilitation of Boracay an added boost by partnering with the Department of Environment and Natural Resources (DENR). On August 13, 2018, both parties signed a memorandum of agreement under which Aboitiz will adopt and revive Wetland 4, one of nine wetlands scattered across the island.

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Column

Into the rapids of Davao River

Apo Agua is set to build one of the country’s largest private bulk water supply facilities with the capacity to supply sourced from Tamugan River, which is a tributary of the mighty Davao River, considered the third largest river in Mindanao. Apo Agua’s own Ruby Broas, process and environmental engineer, shares her experience of the power and majesty of the Davao River from her recent whitewater rafting adventure down the famed rapids.