Meralco Earmarks P100-B Capital Investment to Advance Sustainability Commitment of ‘Powering the Good Life’

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POWERING THE GOOD LIFE. Meralco reaffirms its commitment to sustainability with a P100-billion capital investment.Manila Electric Company has taken a significant step in its long-term sustainability strategy by committing a significant capital investment up to 2030 to help achieve energy security and contribute to the nation’s development.

Meralco shall embark on key initiatives such as enhancing grid reliability, reducing system loss, transitioning to natural ester oil for distribution transformers, implementing energy efficiency solutions, and expanding electric vehicle fleets and infrastructure. Meralco has also allocated funds to promote the adoption of solar energy solutions for businesses and homes through subsidiary MSpectrum, and to champion social development and amelioration programs through One Meralco Foundation’s solar electrification initiatives targeting underserved households, rural health centers, water access projects, and livelihood programs.

It serves as a diverse habitat for different mangrove species and various land and marine organisms that provide the residents with food supply and sources of income. As part of its ongoing environmental sustainability efforts, Del Carmen has initiated a reforestation project in three sites covering 50 hectares. This project, supported by OFT, will be a source of livelihood and income to KAMAMANA members and their families.

“Reversing the losses in our environment takes more than just tree-planting activities; it takes conscientious efforts—from volunteers, to the local government partners, to the community—to grow, nurture and protect these trees so that the community can also reap economic and social benefits from them and over the long term, help mitigate the extreme effects of global warming and climate change.

 

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