Today’s blog features Energy Development Corporation or EDC. EDC has been instrumental in making geothermal energy viable in this part of the world. From its inception as a state-owned corporation to its privatization as part of the Lopez Group, EDC has always blazed the trail in developing sustainable power projects. Most of its initiatives in environmental management are now modeled in national regulatory processes like the promulgation of social benefits to host communities (ER 1-94) and the application of the scoping and social acceptability process in the Environmental Impact Assessment Statement.
EDC is the only energy company in the Philippines to earn the Client Leadership Award from the World Bank-International Finance Corporation after Manila Water Company.
This video shares its story on how EDC had shaped and is continuing to shape the practice of sustainability in the developing energy projects. The company has international expansion programs in Indonesia, Peru and Chile.
Disclaimer: The views written in this blog is that of the author only and may not necessarily represent the organizations or entities mentioned.