Makati City Bakuna

Citicore Power’s unit finalist in Europa Awards

Several Filipino companies were recognized for promoting sustainable business practices. Citicore Power Inc.,  through  subsidiary  Citicore  Renewable  Energy  Corp.,  was chosen  as  a  finalist  in the Europa Awards.  In recognition of the urgency of sustainability and in line with the European Commission’s efforts on the European Green Deal, the European Chamber of Commerce Chamber of the Philippines organized the first Europa Awards on June 10, 2021.

The Europa Awards seeks to promote and recognize companies with exceptional performance and contributions in promoting sustainability in line with global standards and the Philippine Development Plan.

Citicore  is  among  five  local  companies  selected  as  finalists  for  the  Clean  and  Efficient  Energy Award,  bestowed  to  entities  that  have successfully  incorporated  the  use  of  clean  energy  and  accelerating efficient practices in day-to-day operations.

The company was also recognized for promoting the government’s thrust to reduce the country’s greenhouse gas emissions by 70 percent by 2030, as committed in the Paris agreement.

“It is with great pride that Citicore was recognized as among the elite list in such prestigious award from 70 participating companies. Through living our values of community upliftment, excellence and environmental stewardship,  we  are  able  to  work  positively  with  and  create  more  meaningful  impact  to  our  communities, while protecting the environment by constantly innovating to provide more reliable and affordable renewable energy solutions,” said Citicore president Oliver Tan.

Tan said the award, as one of the sustainability champions, is a testament to the commitment and vision that Citicore employees continuously exhibit in their work. 

"This recognition is a timely opportunity to showcase what we can offer as a renewable energy company –transforming  natural  resources  into  human  resource  as  we  empower  communities  and  inspire  a  collective movement towards net zero carbon emissions,” said Tan.

Citicore is a community-focused renewable energy company that responsibly harnesses nature’s resources to fuel long-term value and empower Filipino communities through innovative renewable energy systems.

It is the pioneer agrosolar-social renewable energy generating company in the Philippines, which integrates solar power generation with agricultural crop production to generate positive energy and provide alternative yet sustainable livelihood to small farmers. 

Citicore designs and plans its operations to ensure optimum land use and improve environmental footprint by saving more than 230,000 tons of carbon dioxide emissions annually, towards a net zero future. 

More than 70 entries were submitted from mid-March until the end of April, but only 22 entries were chosen as finalists for their outstanding sustainability efforts and initiatives across six categories.

The six categories of the Europa Award are Smart and Safer Mobility Award, Clean and Efficient Energy Award, Circular Economy Award, Sustainable Food and Nutrition Award, Green and Inclusive Finance Solutions Award and Water Resource Management Winner Award.

Topics: Citicore Power , Europa Awards , Citicore Renewable , ECCP , Oliver Tan
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