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Green Office Developer Certified Net Zero Carbon With Cleanergy

Leading green office developer NEO achieved net zero carbon energy with 5-star certifications under the Advancing Net Zero Philippines (ANZ/PH) program of the Philippine Green Building Council (PhilGBC). The property manager earned the certifications for three of its office buildings, namely One/NEO, Four/NEO, and Six/NEO and anticipates receiving the same 5-star certifications for the rest of its buildings.

NEO's entire portfolio is powered by 100% renewable energy from AboitizPower’s Cleanergy. Since 2013, the two companies have enjoyed a partnership that ensures the operations of NEO buildings using renewable energy.

MakBan Geothermal Power Plant

AboitizPower, together with its partners, is the largest operator of renewable energy in the Philippines based on installed capacity. Its subsidiary AP Renewables, Inc. supplies NEO’s seven intelligent office facilities with 14.5 MW of geothermal energy sourced specifically from the MakBan Geothermal Plant located in the provinces of Laguna and Batangas.

NEO remains the most prominent office portfolio owner, developer, and manager in the Bonifacio Global City central business district through its green buildings. With their world-class property development standards, coupled with a 24x7, reliable energy source, renowned multinationals such as Coca-Cola, Deutsche Bank, Oracle, Procter & Gamble, Fujitsu, and JPMorgan Chase are equipped to run their local operations in an efficient and uninterrupted manner.

This partnership further supports the Advancing Net Zero Energy Rating Scheme’s pillars to reduce the use of fossil fuel-based electricity through the use of renewable energy.

NEO Chief Executive Officer Mr. Raymond Rufino expressed the group’s firm resolve to continue its climate conservation measures.

“The severity of our current climate crisis requires a commensurate response and commitment from real estate owners, developers, and managers: NET ZERO. This is a difficult and ambitious commitment for NEO as we are a real estate company based in an emerging market. However, we firmly believe that we can and must play our part in this global collective effort. By being a pilot partner of the Philippine Green Building Council for its Advancing Net Zero (ANZ PH) Certification Program and achieving 5 Star Certifications for One/NEO, Two/NEO, and Three/NEO, we have demonstrated that Philippine developments can be Net-Zero. NEO has joined the World Green Building Council’s Net Zero Carbon Buildings Commitment and encourages all other real estate firms to heed the call and join us in going Net Zero.”

As energy partner, AboitizPower fully supports NEO's sustainable management practices and First Vice President for Commercial Operations Sandro Aboitiz affirms the shared advocacy between the two firms.

“Our partnership with NEO spans 8 years of forged commitment toward nation-building. AboitizPower believes that sustainable development is anchored on building an enterprise consciousness around the conservation of resources, alongside the practice of socially responsible programs for the communities we serve. We applaud NEO’s response to climate emergencies and as a partner, we are committed to aligning our energy products and services to help them fulfill their sustainability journey.”

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