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Sunday, November 24, 2024

SGV buildings run on renewable energy

SGV & Co., the country’s largest professional services firm, said Monday it is powering the SGV 1 and SGV 2 buildings in Makati City with 100-percent renewable energy.

SGV transitioned to renewable energy through the Green Energy Option Program (GEOP) of the Department of Energy, in cooperation with Marilag Corp. and Owl Ventures, the building administrators.

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“By transitioning to renewable energy sources, SGV aims to significantly reduce greenhouse gas emissions, decrease dependence on non-renewable energy, and contribute to a cleaner and greener future. This commitment underlines our dedication to leading by example, taking responsibility as a corporate citizen, and inspiring other organizations to follow suit,” said SGV chief sustainability officer Clairma Mangangey.

The company said this significant leap towards sustainable operations aligns with its goal of reducing its environmental impact, combating climate change, and driving positive change.

The GEOP is a mechanism under Republic Act No. 9513, also known as the Renewable Energy Act of 2008, that allows consumers with monthly average peak demand of more than 100 kilowatts to choose to source renewable energy from a licensed supplier rather than relying solely on the distribution utility’s supply.

SGV said the decision to go to 100-percent renewable energy is a strategic step informed by rigorous assessment and careful planning.

The company worked with a leading renewable-energy provider to ensure a reliable and seamless transition.  The work resulted in a comprehensive renewable energy strategy that encompasses solar, wind, and other renewable sources for powering the SGV buildings.

“This transition to renewable energy aligns with SGV’s broader sustainability goals and supports the United Nations’ Sustainable Development Goals, particularly Goal 7: Affordable and Clean Energy and Goal 13: Climate Action. By reducing reliance on fossil fuels, we are actively contributing to curbing climate change and preserving the planet for future generations,” SGV chairman and managing partner Wilson Tan said.

The transition was facilitated by a series of technology upgrades, energy efficiency measures and employee-engagement initiatives aimed at optimizing energy consumption throughout the SGV buildings.

The company made substantial investments in energy consumption measures, lighting upgrades and employee awareness campaigns to foster a culture of sustainability and responsible energy use.

SGV is a member firm of Ernst & Young Global Limited.

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