First Philippine Holdings (FPH) is a pioneering holding company with principal interests in clean and renewable energy, energy solutions, premium real estate, construction, healthcare, and education. Since 1961, FPH's businesses are leaders and trailblazers in key industries in the Philippines, powering the diverse needs of a rapidly growing economy.
With our planet under the threat of climate change, concerted efforts are necessary. FPH‘s businesses all contribute and collaborate with others to heal or restore our damaged planet and promote the well- being of people for a climate resilient and regenerative future for all.
Purpose
Our Mission: Forging collaborative pathways for a decarbonized and regenerative future.
Our Purpose: FPH and its subsidiaries commit to forging collaborative pathways for a decarbonized and regenerative future. We recognize that our planet’s life support systems and social institutions are now at a breaking point. Unbridled consumption and primacy of bottom-line growth are at the root of the climate crisis, our alienation from nature, and the profound social and economic divisions, that have become existential threats to humanity today.
We acknowledge that putting the needs of the environment and our stakeholders at the forefront of our business strategy will elevate the value of our planet and society. Guided by our purpose, our businesses contribute through multiple pathways towards a decarbonized and regenerative future:
a) For our power segment, the low carbon and renewable energy we generate reduce the intensity of the grid at an average of 15% today and electrify other sectors to further bring down our country’s intensity.
b) Our real estate development segment develops communities that are livable due to its amenity offerings and climate resilient designs.
c) Our construction arm which is Quadruple A contractor builds infrastructure that enhance public services in this complex and climate changed world, inclusive of infrastructure that can help in climate adaptation.
d) Our energy solutions segment has evolved to a service provider of smart energy solutions to transform the grid to improve reliability of electricity services.
Transitioning to a decarbonized and regenerative future requires our businesses to be fair and beneficial to stakeholders as this shall provide economic, socio-cultural, and environment justice for all. We’ll ensure to provide a safe, inclusive, and equitable environment for our employees and co-creators, respect the rights of our host communities, and deliver the best products and services to our customers. We commit in shaping a transition strategy that will realize positive socio-economic impacts without exacerbating the challenges experienced by local communities and those in vulnerable sectors.
Alignment with Guiding Principles
At the Council for Inclusive Capitalism, we invite companies of all sizes, industries, and geographies to champion our Guiding Principles for Inclusive Action and demonstrate how they contribute to meaningful change. To ensure alignment with our principles, our members are assessed by at least one reporting body, sustainability-related certificate, benchmark, rating agency or similar organization.
