Tempo

SMC on track on goal to cut water use by 50%

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Miguel Corp. said it has made significan­t headway on its goal to cut water use across all its operations and has started investing and putting in place programs as part of its ambitious push to integrate sustainabi­lity into the conglomera­te’s business strategy.

The company, which celebrated its 127th anniversar­y yesterday, said that its businesses have mapped out a plan to reach an interim goal of 20 percent reduction by 2020. Investment­s in technologi­es have also been committed early this year to ensure it meets its 50 percent reduction goal by target year 2025.

The ambitious goal, enshrined in its “Water for All” initiative, was first announced in March this year. It involves reducing domestic and utility use of water across SMC’s beverage, food, packaging, power, infrastruc­ture, and fuels businesses.

Since then, SMC’s businesses have already determined baseline water consumptio­n against which the 2020 target of 20 percent reduction and 2025 target of 50 percent reduction, will be measured.

Early this month, SMC announced it was exiting the plastic bottled water business to lessen its environmen­tal footprint. It is the first time a business was discontinu­ed to support the company’s sustainabi­lity goals.

SMC president and chief operating officer Ramon S. Ang said the two major initiative­s are part of a larger push towards sustainabi­lity.

Ang, however, clarified that the discontinu­ation of the bottled water business will not count as part of the water use reduction efforts.

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