Sustainability - Upgrade Energy Philippines

Powering change

UGEP Environmental, Social, and Governance Initiatives

From solar to innovative energy solutions, Upgrade Energy Philippines (UGEP) is driving change with every project. Our 2024 Sustainability Report explores how our team integrates environmental, social, and governance (ESG) policies and initiatives into our operations, the community, and the future.

UGEP aspires to be a leader in the renewable energy sector in the Philippines, integrating high sustainability standards into all aspects of decision-making and operations. We have placed sustainability at the core of our business. We aim to benefit all our stakeholders: the communities we work with, our staff, customers, suppliers, and shareholders.

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Our commitment

We renew our commitment as a sustainable energy company.

500MW commercial and industrial solar energy

500MW utility-scale renewable energy

712,800 tons CO2 emission reduction

2024 Highlights

By implementing and adhering to our ESG policies, we demonstrate our commitment to sustainable, responsible business practices and long-term value creation. In our Sustainability Report, we present activities to date, focusing on the year 2024.

PROJECTS

From commercial and industrial solar, we have ventured into utility-scale solar projects that feed power into the grid.

STAFF

As we grew in number, we kept our commitment to diversity and inclusivity. Our ratio of male to female employees is close to 1:1.

CUSTOMERS

We cater to various industries, including food processing, travel, distribution, and semiconductors.

KEY PARTNERS

We formed a joint venture with AboitizPower to provide a strong solar PPA offering. Meanwhile, we secured an investment from Clime Capital and continue to work with DBP and Landbank.

INNOVATION AND TECHNOLOGY

We leverage the latest innovations in solar and battery technologies, enabling our solar off-grid projects to provide 60% of the energy needs of our sites in remote islands.

LEADERSHIP

We won awards for our industry leadership in progressive policies and practices promoting gender equality.

ENVIRONMENTAL IMPACT

Our operational projects have achieved 21,174 tonnes CO2 equivalent in greenhouse gas avoidance.

HEALTH AND SAFETY

We recorded zero safety incidents across all projects.

SOCIAL IMPACT

We launched Solar Nanay, a pilot program to equip women to join the solar energy production workforce through training and job opportunities.

GOVERNANCE

We implemented an ESG management system to support our operations and strengthen our commitment to sustainability.

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ESG Policies

Environmental

Policy 200

Environmental Policy

Policy 210

Climate Change Policy

Policy 220

Energy Efficiency Policy

Social

Policy 300

Health and Safety Policy

Policy 310

Employee Handbook

Policy 320

Community Engagement Policy

Policy 330

Land Acquisition and Resettlement Policy

Policy 340

Retrenchment Policy

Governance

Policy 400

Ethics and Business Conduct Principles

Policy 410

Supply Chain Management Policy

Policy 420

Chance Find Policy

Policy 430

Corporate Governance Policy

Policy 440

Risk Management Policy

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ESG Management System Process

PROJECT ORIGINATION, SALES, DEVELOPMENT, AND PERMITTING

DESIGN

PROCUREMENT

CONSTRUCTION / OPERATIONS AND MAINTENANCE

Conduct:

Know your client
E&S screening and risk identification
Stakeholder mapping and engagement

Formulate management plans:

E&S action plan for priority risks
Stakeholder engagement plan

Formulate:

Environmental and social impact assessment (ESIA) which includes the E&S management plan (ESMP)
Emergency preparedness and response plans

Supply chain management
Subcontractor management
Local employment management

E&S action plan implementation and
monitoring
Health and safety implementation and
monitoring
Grievance monitoring and resolution

PROJECT ORIGINATION, SALES, DEVELOPMENT, AND PERMITTING

Conduct:

Know your client
E&S screening and risk identification
Stakeholder mapping and engagement

Formulate management plans:

E&S action plan for priority risks
Stakeholder engagement plan

DESIGN

Formulate:

Environmental and social impact assessment (ESIA) which includes the E&S management plan (ESMP)
Emergency preparedness and response plans

PROCUREMENT

Supply chain management
Subcontractor management
Local employment management

CONSTRUCTION / OPERATIONS AND MAINTENANCE

E&S action plan implementation and monitoring
Health and safety implementation and monitoring
Grievance monitoring and resolution

UGEP’s leadership team welcomes friends and guests to the newly opened office in Salcedo Village.

Clime Capital supports UGEP in alleviating climate change risk and in building sustainable societies.

At the UN Women 2024 Asia-Pacific WEPs Awards.

UGEP consistently promotes health and wellness through fun group activities.

Solar Nanays Fredelyn Fajardo, Phoebe Torres, Dianne Arellano, Jordina Pangalinginan, and Emily Sadingan proudly present certifications of their newly acquired skills.