Aboitiz Equity Ventures Inc. | Council for Inclusive Capitalism

The Aboitiz Group began in the late 1800s as a hemp trading business in Ormoc, Leyte before becoming a shipping and transport powerhouse in the 1900s. Today, the Group has a diversified portfolio of major investments in power, banking and financial services, food, infrastructure, land, construction, shipbuilding, and data science and artificial intelligence (DSAI).

Through its publicly-listed holding company, Aboitiz Equity Ventures Inc. (AEV), the Aboitiz Group is widely recognized as one of the best-managed companies in the Philippines and ASEAN region, consistently cited for its commitment to good governance and corporate social responsibility. With five generations of success and innovation behind it, and its Great Transformation currently underway, Aboitiz continues to move forward and pursue its vision of becoming a truly sustainable techglomerate of the future.

Purpose

To drive sustainability throughout its business, Aboitiz focuses on three key areas based on the triple bottom line approach of people, planet, and profit where it believes it can make the greatest difference to the Group and its stakeholders.

Moreover, our commitment to sustainability is demonstrated through our brand promise of advancing business and communities. As our business grows, our stakeholder communities should equally gain. We define sustainable development as inclusive growth that is reflected in the dimensions of ESG:

Environment – The Aboitiz Group minimizes competition for limited resources in the communities we operate and ensures that these can be replenished for future generations.

Social – The Aboitiz Group understands the basic premise that no business shall succeed in failing communities. As such, we implement sound labor practices in the workforce and responsible operations in our host communities.

Governance – The Aboitiz Group operates and manages the interest of its stakeholders, including checks and balances, that enable the Board of Directors to exercise appropriate control and oversight responsibilities on the environmental and social aspects of the business.

Sabin Aboitiz

Group President & Chief Executive Officer, Aboitiz Equity Ventures Inc.

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