EDC achieves grandslam wins at the Asia Sustainability Reporting Rating 2018
The Lopez Group earned big wins at the recently concluded Asia Sustainability Reporting (ASR) Rating 2018, held by the National Center for Sustainability Reporting (NCSR), in collaboration with the Institute of Certified Sustainability Practitioners (ICSP), in Bandar Lampung, Sumatra, Indonesia. The award was known in previous years as the Sustainability Reporting Awards. Three Lopez […]
Citizen Machinery Philippines taps clean energy from EDC
Manufacturing company Citizen Machinery Philippines Inc.’s (CMP) facilities in Tanauan, Batangas will soon be powered by clean and reliable power from geothermal leader Energy Development Corporation (EDC). The company’s two-year contract for 2.5 megawatts (MW) of geothermal power from EDC’s Bacon-Manito Geothermal Project will commence on December 26, 2018. “As a manufacturing company, Citizen […]
Continental Temic chooses clean energy from EDC
Global automotive parts company Continental Temic Electronics Philippines’ facilities in Calamba, Laguna will soon be powered by clean, reliable power from Energy Development Corporation (EDC). The company’s two-year contract for 2.7 megawatts (MW) of geothermal power from EDC’s Bacon-Manito Geothermal Project will commence on December 26, 2018. “We chose EDC for its 100% […]
EDC’s Boracay Wetland Conservation Park showcased on Boracay’s reopening
Malay, Aklan — Hundred of visitors celebrated the inauguration of Boracay Wetland Conservation Park (BWCP) on Friday, during the official reopening of Boracay to the public. Guests enjoyed a ribbon-cutting ceremony, guided trail walks with wetland volunteers, wetland and wildlife viewing, and tree planting of some critically endangered native trees. Energy Development Corporation’s (EDC) adopted […]
Teach for the Philippines partners with EDC, Sorsogon City LGU, and DepEd to send teacher fellows in local school
Teach for the Philippines, Inc. (TFP), a non-government organization (NGO) that focuses making a positive impact in the public education system, has entered into a memorandum of agreement (MOA) with the Sorsogon City LGU, Department of Education (DepEd) Sorsogon City, and geothermal leader Energy Development Corporation (EDC) to send teacher fellows to a local school […]
EDC and ADI commits to save threatened native tree species
COMMITTED TO SAVE THREATENED NATIVE TREE SPECIES. Semiconductor company Analog Devices, Inc. (ADI) and the Energy Development Corporation (EDC) have partnered to protect and propagate threatened native trees under EDC’s BINHI program. Seedlings of rare threatened native tree seedlings were planted in ADI’s General Trias site to allow them to grow into mother trees in […]
EDC adopts Boracay wetland to support DENR island rehabilitation
Geothermal leader Energy Development Corporation (EDC) supports the government’s efforts to rehabilitate Boracay island and restore its natural resources through the Department of Environment and Natural Resources. Last August 13, 2018, the DENR entered into a Memorandum of Agreement with its corporate partners, including EDC, in its Central Office along Visayas Avenue in Quezon City. […]
EDC recognized as one of ASEAN’s best in corporate governance
Geothermal leader Energy Development Corporation (EDC) was recently recognized for its outstanding corporate governance practices by the Institute of Corporate Directors (ICD). ICD is a non-stock, non-profit organization dedicated to the professionalizing corporate directorship by raising corporate governance standards. It assessed and ranked different publicly listed companies through the ASEAN Corporate Governance Scorecard (ACGS). Companies were ranked […]
EDC earns global recognition for environmental practices anew
Geothermal leader Energy Development Corporation (EDC) is once again included in the FTSE4Good Emerging Index for its strong environmental, social and governance (ESG) practices. The FTSE Russell, a wholly owned subsidiary of the London Stock Exchange Group’s Information Services Division, confirmed that EDC has been independently assessed according to the FTSE4Good criteria and has satisfied the […]
EDC BOARD APPROVES VOLUNTARY DELISTING TENDER OFFER
The Board of Directors of Energy Development Corporation (EDC) approved yesterday the company’s plan to voluntarily delist its common shares from the Philippine Stock Exchange (PSE) and, in accordance with the PSE’s delisting regulations, to conduct a tender offer (the Tender Offer) for all of its common shares held by the public, at a price […]