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  • Writer's pictureBy The Financial District

Aboitiz Group Shines Light On Corporate Sustainability

The Aboitiz Group, a prominent conglomerate in the Philippines, recently took center stage in a compelling discussion at the GT Capital Thought Leadership Series held at the Grand Hyatt, Manila.

INSPIRING SDG ALIGNMENT: Aboitiz Equity Ventures' First Vice President and Chief Reputation and Sustainability Officer, Ginggay Hontiveros-Malvar, a GCNP Board Member, captivated the audience with strategies for driving meaningful corporate sustainability during her engaging session at the GT Capital Thought Leadership Series. | Photo: AEV

The event spotlighted the essential role of corporate sustainability and its alignment with the Sustainable Development Goals (SDGs) within the global framework.

Ginggay Hontiveros-Malvar, the First Vice President and Chief Reputation and Sustainability Officer of Aboitiz Equity Ventures, presented key strategies for enterprises to amplify their contributions to positive societal change and environmental stewardship.

As a board member of the UN Global Compact Network Philippines (UN GCNP), she emphasized the link between responsible business practices and global sustainable development.

Hontiveros-Malvar conveyed that sustainable development seeks to meet the current generation's needs without compromising the ability of future generations to meet their own.

All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

This approach acknowledges the intricate connection between economic development, social inclusion, and environmental protection.

"In other words, sustainable development aims to achieve a balance between economic growth, social well-being, and environmental stewardship," she added, stressing the importance of harmony among these facets.

Business: Business men in suite and tie in a work meeting in the office located in the financial district.

During her talk, Hontiveros-Malvar also addressed the progress the Philippines has made in integrating SDGs into its national agenda. She underlined the significance of coordinated efforts between government and non-government entities to optimize resource management and accelerate SDG progress.

"In the last few years, we celebrate many businesses that have come together to create this era of action and attract others to join this global movement. We are united because this is bigger than just one business. We are stronger together and better together. And when we act collectively, imagine the change we can drive and the better future we can shape as one. The possibilities are endless," Hontiveros-Malvar concluded.

Entrepreneurship: Business woman smiling, working and reading from mobile phone In front of laptop in the financial district.

The Aboitiz Group, in partnership with UN GCNP, has made sustainability a top priority. They are spearheading their transformation into the Philippines' first "Techglomerate" by embracing innovation, sustainable solutions, and community empowerment.

This commitment is showcased through various ESG (Environmental, Social, and Governance) programs, demonstrating their dedication to benefiting both society and the environment.

Banking & finance: Business man in suit and tie working on his laptop and holding his mobile phone in the office located in the financial district.

Aboitiz Equity Ventures, Inc. (AEV), as the portfolio management company of the Aboitiz Group, leads investments in various sectors, including power, banking, food, infrastructure, and cutting-edge fields like data science and artificial intelligence.

Their pursuit of change and innovation reflects their commitment to creating a better world and uplifting communities.

Market & economy: Market economist in suit and tie reading reports and analysing charts in the office located in the financial district.

AEV has consistently been recognized for good corporate governance and corporate social responsibility (CSR) through the Aboitiz Foundation.

Additionally, their active involvement in influential organizations such as the APEC Business Advisory Council and Global Compact Network Philippines Board of Trustees underscores their dedication to sustainability initiatives, both locally and globally.

Science & technology: Scientist using a microscope in laboratory in the financial district.

Aligned with the United Nations Global Compact (UNGC), the Aboitiz Group is actively working to drive policies, advocacies, and initiatives that have a lasting impact. Their transformative #OneNEWAboitiz Sustainability Framework aims to enhance sustainable practices in their core businesses, fostering a positive impact on the environment and society.

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