Hedcor keeps its promise to advance its host communities through various Corporate and Social Responsibility programs and projects as it continues to generate clean and renewable energy across the country.
Living up to the Aboitiz group purpose of advancing business and communities, AboitizPower subsidiary Hedcor supported community development through its Php19-million Corporate Social Responsibility (CSR) projects in 2017.
This figure is on top of the taxes and voluntary shares Hedcor is remitting to the host communities.
A total of 69 community projects were implemented. Php12.2-million spent for education, Php4.6-million for health and well-being, Php1.8-million for other special projects.
Moving forward, Hedcor is seeing a step-up to more sustainable projects.
A special ingredient of Hedcor’s CSR projects is employee volunteerism. Though the communities are the primary beneficiaries of CSR, its effect expands to the employees of Hedcor. Hedcor encourages employees to be involved in CSR activities such as medical missions and environmental activities.
Nova Baldo, Hedcor CSR specialist said “Hedcor is a niche for professional growth and a workplace that has a social purpose. Hedcor lets us obtain our personal mission to positively contribute to the communities through joining CSR activities.”
Numerous studies confirm that employees who have a sense of purpose at work are high performers and more productive.
Carlos Aboitiz Hedcor president and COO, is pushing for employee engagement. “We need to look for more meaningful ways to provide impact to the communities we operate in. It is our way of giving back for their support and letting us operate in their community.”
Currently, Hedcor is operating 22 run-of-river hydropower plants in the Philippines. The 10 plants are in Luzon and the rest of the plants are located in Mindanao. The La Trinidad Hydro Project in Benguet is under construction and is seen to be completed in 2019.
Today, July 16, 2018, the Naga Power Plant Complex in Cebu was physically turned over and accepted by AboitizPower subsidiary Therma Power Visayas Inc. (TPVI). “Our team has taken possession of the power plant complex and are now assessing the facility in preparation for maintenance and...