Yusen Logistics Philippines Inc. has signed an agreement with ACEN Renewable Energy Solutions to power its headquarters with 100 percent renewable energy.
The transition is being facilitated under the government’s Green Energy Option Program (GEOP). The policy allows eligible electricity users to source their power requirements directly from licensed renewable energy suppliers.
Mitsutaka Matsubara, president of Yusen Logistics, said the company is working to reduce its greenhouse gas emissions by 45 percent by 2030 from a 2022 baseline. The company aims to achieve net-zero emissions for all services by 2050.
Matsubara said the mission is centered on the philosophy of Jibun-goto, a mindset that “embodies the proactive choice of taking ownership of challenges rather than expecting them to resolve on their own.”
ACEN RES, the retail electricity unit of Ayala-led ACEN Corp., currently holds a 57 percent market share as the top GEOP supplier, according to the Energy Regulatory Commission.
“By choosing to source 100 percent renewable energy through the GEOP, Yusen Logistics demonstrates decisive leadership in decarbonizing the logistics sector,” said Sheila Mina, ACEN RES vice president and head of account management.
ACEN awarded Yusen Logistics its “Powered by Renewable Energy” badge, a symbol recognizing businesses committed to the Philippines’ energy transition.
