Energy Development Corporation was proudly honoured as Asia’s Green Company of the Year at the ACES Awards 2024. Representing EDC on stage were Abegail Gatdula, Watershed Management Officer , Erwin Magallanes, Head of Corporate Relations , and Danilo Tolarba, AVP & Human Resource Head .
As the largest renewable energy producer in the Philippines, EDC is at the forefront of clean energy transformation. Central to its sustainability efforts is itsprogramme, launched in 2008 to propagate endangered native tree species, rehabilitate degraded forests, and protect biodiversity. This flagship initiative embodies EDC’s long-term vision for ecological restoration and sustainable development.
Global partnerships, including collaborations with the University of the Philippines Institute of Biology and BGCI’s Global Tree Assessment Program, further enhance BINHI’s impact on biodiversity conservation.regenerative development. By restoring ecosystems and ensuring a net-positive environmental impact, EDC sets a benchmark for sustainable business practices. Its renewable energy portfolio—spanning geothermal, hydro, wind, and solar—plays a vital role in decarbonising the Philippines’ energy grid, avoiding nearly 6 million tonnes of CO₂ emissions annually. EDC’s geothermal plants, delivering 24/7 clean energy, are instrumental in reducing fossil fuel reliance.sequester more carbon than the company emits.
The ACES Green Company of the Year Award reflects EDC’s leadership in renewable energy and environmental regeneration. Shanggari B, President of the ACES Awards, states, “EDC’s vision of a regenerative future exemplifies how businesses can thrive while making a profound, positive impact on the planet.”
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