Phinma Energy Corporation

2017

Top CSR Advocates in Asia

Phinma Energy Corporation

Top CSR Advocates in Asia

2017

PHINMA Energy Corporation

To ensure optimum efficiency of their CSR programmes, the company favours long term sustainable projects over one-off dole out initiatives.”

PHINMA Energy Corporation is an integrated power solutions company that is engaged in power generation and electricity supply, renewable energy, and resource development and exploration. It is the flagship energy arm of Philippine Investment Management, Inc., and has been in business since 1969. PHINMA Energy Corporation is committed to promoting clean and responsible power generation and electricity supply, as well as empowering communities and nation building. Aside from oil and gas exploration, the corporation is engaged in exploration and development of clean energy, namely geothermal energy and wind energy.

The company believes in ‘Making Lives Better’ by providing reliable and sustainable energy services for businesses and communities. With access to competitively priced electricity, it will be able to improve the lives of all Filipinos, thereby supporting the nation’s economic growth.
PHINMA Energy Corporation is firmly committed to their mission of nation-building, especially in the areas of environment, community-building and education through their Corporate Social Responsibility programmes. To ensure optimum efficiency of their CSR programmes, the company favours long term sustainable projects over one-off dole out initiatives. In order to develop programmes that are relevant to the needs of their communities, the company conducts detailed studies of the culture and condition of the community and closely collaborates with local government agencies and local partners in the project design and implementation. Quarterly monitoring and focus group discussion are conducted to regularly monitor and evaluate the effectiveness of the programmes. Budgets allocations and funding are specially customised to each specific community project base. PHINMA Energy Corporation contributes 0.5 percent of its net income to the PHINMA Foundation.

In 2016, the company’s three major CSR Programmes; HELP Earth, PUNLA and SIGLA have aimed to provide a holistic approach toward social empowerment through sustainable community development.

HELP Earth’s (Harnessing Energy Literacy for Planet Earth) efforts are geared towards energy literacy and environmental awareness. Comprised of two major components, the HELP Earth’s Education division has partnered with 33 schools and reached more than 10,000 students, through provision of learning materials, awareness campaigns, and environmental education for students.
HELP Earth’s Environment division complements the education programme through environment conservation. To date, this conservation arm has adopted 82 hectares of forest area, promoting indigenous tree species, protecting critical watershed and creating learning arboretums for future foresters.

The second CSR Programme, PUNLA (Progressive Undertaking for Nation-Building and Life-Enhancing Advocacies), is PHINMA Energy’s response to the empowering of communities for sustainable development. ‘Punla’ or ‘seedlings’ emphasises the programme’s commitment to developing communities based on their roots and realities. There are three major projects under the PUNLA Programme: PUNLA-Kabuhayan whose key focus is sustainable Livelihood, manages projects for children’s welfare, health improvement, and emergency humanitarian assistance. PUNLA-Kababayan (Community Welfare) and PUNLA-Kaligtasan (Community Resiliency) champion children’s welfare, health improvement, and emergency humanitarian assistance. As of 2016, the corporation has established 12 livelihood groups empowering 117 families in five communities.
PHINMA Energy also recognises the needs of their internal stakeholders and established the SIGLA (Special Interest Group for Life-balanced Activities) Programme to support their employees’ special interests and to enhance their work-life balance. ‘Sigla’ or ‘energy/vitality’ promotes employee wellness, encourages employee-driven volunteer initiatives and provides holistic personal and leadership development programmes within an employee-friendly environment. Around nine special-interest groups have already been formed with a participation rate of 80 percent from employees.

As the success and sustainability of the Company’s CSR initiatives thrive on employees’ participation, employees are allowed to dedicate five percent of their working hours to CSR volunteerism or project development. In 2016, these activities registered 96 percent of employee participation. The company hopes to achieve 100 percent buy-in from its employees by 2017.

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