Finance Asia names EDC one of the best in CSR. Geothermal leader Energy Development Corporation (EDC) emerged as one of the best in corporate social responsibility (CSR) in Finance Asia’s 12th annual poll on Asia’s best managed companies. The selection of best managed companies is done by 265 investors and analysts across the region. EDC Senior Vice President Agnes de Jesus (third from right) and EDC Board Director Art Valdez (fourth from right) received the award from L-R: Maybank ATR Kim Eng Securities President Lorenzo Roxas, Maybank ATR Kim Eng Capital Partners President Manuel Tordesillas, and Maybank ATR Kim Eng Financial Corp. Chairman Ramon Arnaiz.
The Energy Development Corporation (EDC) is a pioneer in generating 100% clean, renewable, and reliable power as an electricity supplier in the Philippines for over 40 years. With power plants all over Visayas and Mindanao, the company is one of the biggest producers of geothermal energy in Asia and is expanding its reach in the international market, allowing it to offer customers affordable energy rates. EDC also strives to provide the best customer service it can to all its clients by having helpful salespeople and easy to understand contracts. Because of all of this, it is poised to become the premier supplier of electricity for the Philippines’ Green Energy Option Program. EDC takes its mission as a renewable energy provider seriously and goes beyond sustainability by investing in programs that enhance the environment and empower its partner communities, thereby fostering regenerative development. The company has also been working toward being carbon-neutral by improving its energy efficiency, as well as implementing various greening projects to ensure that its mission to provide future generations with a better life remains intact.