Aboitiz Group gears up for the future
By James A. Loyola – February 17, 2022, 7:09 PM
from Manila Bulletin
The Aboitiz Group is undergoing what it calls a “Great Transformation” focusing on “high-potential growth initiatives” and a “renewed entrepreneurial mindset” to allow it to thrive in a new business landscape.
This also involves the group’s continuous investment in the “hypergrowth” of its team members in an enabling and inclusive work environment.
Aboitiz Group President and Chief Executive Officer (CEO) Sabin M. Aboitiz underscores that the Great Transformation focuses on “People” and everything else follows, during the Aboitiz Leaders Conference.
At the 2022 Aboitiz Leaders Conference, Aboitiz Group President and Chief Executive Officer (CEO) Sabin M. Aboitiz emphasized that the way forward for the Group is through a “Great Transformation,” highlighting the value of Responsibility that is nurtured among all of its team members and being open-minded to more possibilities.
“As leaders, we have a responsibility to our team members and the entire organization to transform the way we think in order to transform the company into a greater one,” said Aboitiz.
He explained that, “The success of our individual team members is as, if not more, important than the success of the company—because the former ensures the latter and the latter encourages the former. This is the way to ensure that our evolution and transformation endures.”
Aboitiz also encouraged leaders to build on the momentum brought by the Group’s strategic partnerships (such as the recent partnership with Japanese power company JERA) and the continued expansion with new projects, product lines, and service locations.
Inaugurated in 2016, AboitizPower’s 59-megawatt-peak solar facility in San Carlos City, Negros Occidental, operated by its subsidiary San Carlos Sun Inc. (SacaSun), is among the company’s renewable energy generation assets paving the way for a more sustainable Philippines
Aboitiz Power Corporation aims continue to grow its renewable energy portfolio to 4,600 MW by 2030, aligning its energy transition with the Philippines’ economic recovery and growth aspirations.
This year, AboitizPower will operationalize Aboitiz Renewable Inc to accelerate its Cleanergy portfolio. In fact, over 600 MW of renewable energy projects are on track to commence construction.
AboitizPower will drive more to reach its 10-year pipeline projects for solar, wind, hydro, geothermal, and Battery Energy Storage Systems.
Union Bank of the Philippines aims to make its digital bank, UnionDigital, operational by mid-2022 and unleash the synergies and value coming from its various initiatives and leap forward towards its goal of becoming a Great Retail Bank and its pursuit of enduring greatness.
LIMA Estate’s expansion in Lipa-Malvar, Batangas is expected to bring in 200 hectares of land inventory and increase LIMA’s working population to 137,000.
Aboitiz InfraCapital follows up its solid 2021 performance with expansion and operation projects this year. The next phase of expansion for its Economic Estates in Lipa-Malvar, Batangas, and Balamban, Cebu is in the works, targeting to add 239 hectares of property in total and spur economic activity in its areas.
Its water businesses which include Apo Agua Infrastructura, Inc. and LIMA Water Corporation are working towards data-driven, innovative, and “green” solutions such as utilizing a water-energy nexus concept and creating a Smart Water Network that integrates water facilities into intelligent systems.
Pilmico and Gold Coin aim to continue its expansions and acquisitions of facilities not just in the Philippines but across the entire Asian region, spanning China, Indonesia, Malaysia, and Vietnam.
With the goal of becoming a leading integrated agribusiness and food company, Pilmico will increase its presence in fast-growing market segments like aquaculture, pet food, and specialty nutrition, and grow its business-to-consumer brands.
For 2022 and beyond, AboitizLand is looking at exponential transformation powered by its investments in technology, data science and artificial intelligence, as well as strategic partnerships with future-forward companies.
Aboitiz Construction is coming into 2022 with a more diversified client base, a better-balanced project portfolio, and a new brand image, Aboitiz Construction is ready to aggressively grow its presence in markets such as heavy and light industries, infrastructures, and services.
