Coca-Cola FEMSA Philippines taps renewable energy
Coca-Cola FEMSA Philippines, Inc. (KOFPH), the current licensed bottler of Coca-Cola products in the country, will be integrating more renewable energy in its operations as it shifts four more of its bottling facilities to run on renewable and clean sources starting October 26, 2018.
To this end, KOFPH has signed on the Lopez-led First Gen Corporation’s retail electricity arms— First Gen Energy Solutions, Inc. (FGES) and Bac-Man Geothermal Inc. (BGI)—for the supply of electricity from renewable energy sources, to power CocaCola’s bottling facilities in Ilocos, Pangasinan, Pampanga, and Cebu.
Coca-Cola FEMSA has been striving to make clean energy a more prominent part of its global manufacturing processes, in keeping with its long-standing commitment to reduce its carbon footprint and to achieve sustainable operations through the use of renewable energy sources and the adoption of new technologies to further enhance operational efficiency.
This partnership between KOFPH and FGES will help the local bottling company work towards its Global 2020 Sustainability Goals on Energy: reduce the carbon footprint of Coca-Cola FEMSA’s value chain by 20 percent against its 2010 global baseline; and integrate clean and renewable sources in its operations. Coca-Cola FEMSA has been working to responsibly manage its environmental footprint in all of its operations across the globe, towards sustainable development and operational systems that champion environmental welfare. In light of this, the company has been continuously looking for ways to harness strategic, responsible, and efficient measures for its environmentally-conscious policies to take effect across its value chain.
To date, approximately 40 percent of the electricity needs of Coca-Cola’s bottling operations are already being sourced from renewable energy, which is being consumed by six of its manufacturing facilities. In February, Coca-Cola’s Sta. Rosa and Canlubang Plants started integrating renewable energy into its operations.
The bottling arm of Coca-Cola is staunchly committed to further strengthening its sustainable operational systems, as it enhances capabilities across its value chain.
There are 19 Coca-Cola bottling facilities all over the country.
Both licensed retail-electricity suppliers, FGES and BGI are affiliates of First Gen Corporation (First Gen), the Philippines’ leading clean and renewable energy company. First Gen’s portfolio of power plants run on geothermal, hydro, wind and solar, which are renewable energy; as well as natural gas, the cleanest form of fossil fuel.
With 3,490 megawatts of installed capacity, the First Gen plants account for a fourth of the country’s gross power generation.
(L-R) First Gen Corporation chief finance officer and senior vice president Emmanuel Singson, senior vice president Victor Santos Jr., Energy Development Corporation president and chief operations officer Richard Tantoco, Coca-Cola FEMSA Philippines chief executive officer Fabricio Ponce, supply chain director Carlos Manrique, and finance director Jawahar Solai Kuppuswamy.---