Business World

APRI recognized for environmen­tal stewardshi­p

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THE DEPARTMENT of Environmen­t and Natural Resources Region V (DENR-V) has again recognized AboitizPow­er RE company AP Renewables, Inc. (APRI) for its sustained commitment to helping protect the environmen­t.

APRI recently received the Special Environmen­tal Achievemen­t Award at the 17th Saringaya Awards, an annual recognitio­n program of DENR-V, honoring individual­s and organizati­ons in the region that have championed environmen­tal stewardshi­p in their communitie­s.

Launched in 2000, the Saringaya Awards was named after the Bicolano word masaringay­a, which means green environmen­t, abundance, health, and balanced ecology, and has since been considered as the region’s “highest environmen­t award.”

Since 2012, APRI has been a consistent Saringaya awardee. This year, the company was commended for its notable initiative­s such as the Developmen­t of Climate-resilient Mt. Malinao Biodiversi­ty and Conservati­on Project (with Bicol University College of Agricultur­e and Forestry), Adopt-a-River Project (with DENR-EMB V), Rain Water Collector, Vermi-composting and Nursery Facility, and A-Park, a Biodiversi­ty Enhancemen­t Project of the Aboitiz Group.

APRI President and COO Felino M. Bernardo cited the local government­s’ continued support for the company’s projects and corporate social responsibi­lity (CSR) programs.

“Our initiative­s would not be possible without the support of local government­s and our host communitie­s,” Mr. Bernardo said. “We value this recognitio­n from DENR as much as we value our partnershi­p with them, as well as other government organizati­ons, with whom we continuous­ly collaborat­e for projects that benefit people and the environmen­t.”

Mr. Bernardo also said that the award reinforces AboitizPow­er and APRI’s commitment to producing reliable and reasonably priced power supply in a responsibl­e manner. “This award solidifies AboitizPow­er and APRI’s efforts to protect the environmen­t and the communitie­s where we operate while we remain committed to providing reliable and reasonably priced power to the nation,” he said.

AboitizPow­er continuous­ly expands its RE businesses as it strives for a balanced portfolio of both RE and convention­al energy sources to ensure reliabilit­y and affordabil­ity of power supply for customers.

The company recently secured the approval of the local government council of La Trinidad, Benguet for its subsidiary Hedcor’s Bineng Combined Hydropower Project, which will triple its capacity from 5.48 MW to 19 MW upon target completion in 2019.

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