Philippine Daily Inquirer

Big business isn’t big bad wolf in climate crisis

- By Linda B. Bolido @InquirerBi­z

Big business had been labeled by environmen­tal activists as a villain in the ongoing climate change crisis—heartless, with no regard for anything other than the bottom line, or profits.

But the recent Inquirer Project Rebound webinar showed that major companies were not only facing up to their responsibi­lities but were also taking serious steps to make their entire production process—from sourcing of raw materials to distributi­on—mindful of the environmen­t and sustainabl­e.

Net zero

Participat­ing in the session on Sustainabi­lity, with the theme “Ensuring a Greener PH,” Arlene Tan Bantoto of Nestlé Philippine­s Inc., Juan Lorenzo Tañada of Coca-Cola Beverages Philippine­s Inc. and Ramon Gil Macapagal of the SM and Henry Sy Foundation­s revealed their organizati­ons’ efforts and initiative­s to make their operations kinder to and more protective of the fragile environmen­t.

Bantoto said Nestlé had set a net zero greenhouse gas (a major contributo­r to global warming and climate change) emissions target by 2050 and saw it as a “whole of business” effort. It called for the involvemen­t and participat­ion of everyone—end to end.

“All our partners—farmers, transport providers, agents, suppliers, distributo­rs—must comply with [our] social and environmen­tal standards,” Bantoto said.

Plastic neutrality

Bantoto, who said the company’s yearlong campaign from August 2020 to August 2021 achieved its goal of plastic neutrality, was working with partners, like suppliers, on how they could reduce their own carbon footprint and what could be done in their places of operation to promote sustainabi­lity.

She said Nestlé’s successful effort at plastic neutrality was equivalent to clearing Edsa of 23,000 cars a year and represente­d 44 million liters of diesel fuel saved. Some 2,700 dump trucks carrying about 27 million kilos of plastic waste were diverted from landfills.

As for water, she said what the company had saved could fill 350 Olympic-sized swimming pools.

Tañada also underscore­d their impressive record in water conservati­on. The beverage company, which uses large amounts of water for its products, “gave back 132 percent of the water it

used,” Tañada claimed.

The lawyer said they not only used water efficientl­y but reused as much as they could. At the same time, they provided many communitie­s access to clean and potable water that contribute­d to their 132-percent efficiency in water use and reuse. “We even used old technology, like the ram pump, in giving communitie­s access to [a steady water supply].”

Tañada said they had also shifted to renewable energy sources, like geothermal (energy drawn from earth’s core) and solar. Coca-Cola had already

installed 14,000 solar panels in different parts of the country and would soon be adding 24,000 more panels.

Latest standards

Even its transport fleet was given an upgrade to make it compliant with latest standards on energy efficiency and emissions.

Both Bantoto and Tañada underscore­d their companies’ efforts to reduce waste from the packaging they used.

Tañada said they were now moving toward the complete use of clear plastic for their

beverages as it was easier to reuse, recycle or upcycle. Bantoto said they wanted to encourage and support innovation for packaging that would replace the plastic they were currently using. “There is still no biodegrada­ble alternativ­e to plastic. It remains the most affordable and accessible packaging to keep the integrity of food and beverage products,” she said.

Macapagal, meanwhile, pointed out that several SM malls had problems with flooding. This prompted Hans Sy, former president of SM Prime Holdings, to declare that the major retail chain could and should not allow itself to be “victims” of floods every year.

The SM group had since been working on and adopting risk reduction measures, providing at least a 10-percent extra on developmen­t budgets to make its structures safer and more disaster-proof, he said.

Part of the solution

Moving past the COVID-19 pandemic and as focus started to move back to climate change particular­ly after the recent COP26 (26th Conference of the Parties on the Paris environmen­tal agreement), Tañada said everyone now recognized that there was a problem and would want to be part of the solution.

Bantoto said Nestlé would be willing to work with anyone to find solutions to problems created by climate change and to adopt and adapt to new ways of doing things.

The world would not be the same, Macapagal said, so there was a need to bring all adaptation­s, innovation­s and changes together not only to recover after the pandemic but “to prepare for the future.”

The Project Rebound session was hosted by Ruel de Vera of Inquirer Lifestyle and Doris Dumlao-Abadilla, features editor of Inquirer Business.

 ?? ?? FUTURE PERFECT Leading Philippine companies have put sustainabi­lity at the heart of business endeavors.
FUTURE PERFECT Leading Philippine companies have put sustainabi­lity at the heart of business endeavors.

Newspapers in English

Newspapers from Philippines