EDC gets ESG award from Macquarie

By Manila Standard Business – May 1, 2024, 8:15 pm

Energy Development Corp. (EDC), a 100-percent renewable energy firm, received the ESG Leadership Excellence Award for Social Impact from its shareholder Macquarie Asset Management (MAM).

A global asset manager renowned for its sustainable investments that generate long-term results for its clients, portfolio companies, and communities, MAM has been commending its portfolio companies in Asia Pacific that have demonstrated, outcome-oriented excellence in workplace health and safety and sustainability in their respective countries and industries.

“We included a category for social impact for the first time to recognize how corporate social responsibility (CSR) was implemented to drive better and more sustainable commercial outcomes for our portfolio companies’ businesses,” said MAM senior vice president and APAC sustainability lead Candice Bell.

“Receiving this esteemed award brings us profound honor and affirms our steadfast commitment to driving positive change among our partner communities,” said Allan Barcena, assistant vice president and head of corporate support functions at EDC.