Financial Capital
*In USD thousands except per share data

Manufactured Capital

3,501.4MW

installed capacity

22,352.4GWh

of power generated in 2022

Intellectual Capital

100%

subsidiaries certified to ISO 9001, ISO 14001 and ISO 45001

43

information technology solutions implemented to date

USD 5.3 million

investment on various initiatives in addressing information security, technology risk, and data privacy

Natural Capital

11,629,336.3 tCO2e

greenhouse gas (GHG) emissions avoided vs. coal

0.30 tCO2e/MWh

emission intensity

10,140 hectares

of forest reforested

1,739,824.0 tCO2e

carbon sequestered from natural forests in geothermal reservations

127,608 hectares

of natural forest protected in geothermal reservations

Social & Relationship Capital

550 students

supported with scholarships

165 schools

in host communities assisted with equipment and materials for blended and modular learning

67,020 doses

of COVID-19 vaccines donated to 14 LGUs

PHP 4.5 million

invested to support COVID-19 management in host barangays and LGUs

23 social enterprise and livelihood projects

supported to augment sources of income of host communities

PHP 22 million net revenues generated

from livelihood projects and contracts for host communities

Human Capital

Net hire ratio of 0.84

indicates the workforce decreased.

82% of recruits are millennials and Gen Z
Diversity, Equity, and Inclusion
  • The eligibility of common-law and same-sex partners as dependents for the purpose of medical insurance was recognized and implemented
  • Employees were trained on Cultivating Psychological Safety in the Workplace and Promoting Gender-Inclusive Workplaces; and
  • Prescriptions for acceptable office attire have been revisited and expanded for a more gender-neutral and safe work environment.
Employee Engagement Index of 67%

Significantly above the Philippines Norms by +10%

Issuance of new policies
  • On internal recruitment and employee development,
  • Special leave for women, and leave for victims of violence against women and their children (VAWC)
Zero reported incidents

of child labor, forced labor, and discrimination

Human rights due diligence
  • Formulated the Human Rights Management and Monitoring Plan
  • Developed the Grievance Redress Mechanisms
Readiness for hybrid work
  • Established hybrid work practices and programs
  • Re-opened the hybrid office setup
0.14 Total Recordable Incident Rate vs. 0.18 TRIR target

for employees and contractors

4,518 vaccine booster doses administered

to employees, contractors, and family members

Company’s care for the community, employee well-being, and health and safety

were the highest scoring organization climate statements in the 2022 Employee Engagement Survey