| THE AYALA WAY

Vol 6 No 12

"Achieving CDP Leadership status reflects ACEN’s disciplined approach to integrating sustainability into our business strategy. Transparency and strong climate governance are key to ensuring long-term value for our stakeholders while accelerating the energy transition. Our improved rating reinforces our commitment to responsible growth and scaling renewable energy investments that drive both financial and environmental impact."

JONATHAN BACK
ACEN Group CFO and Chief Strategy Officer

(Left) CDP is a global nonprofit that runs the world's only independent environmental disclosure system; (right) ACEN's pioneering use of transition credits, jointly explored with GenZero and Keppel and the support of the Philippine and Singaporean governments, is a concrete expression of the company's continued commitment to climate action and transparency.

SUSTAINABILITY

ACEN Achieves Leadership Level in CDP's Climate Change Assessment

ACEN has achieved Leadership level and an A- rating for its climate actions from CDP, the global nonprofit that assesses corporate environmental transparency and performance in climate change, deforestation, and water security. This is an improvement from the company's previous B rating.

To attain Leadership status, companies must demonstrate best practices in climate action, environmental governance, transparency, risk management, and target setting. CDP scores organizations from A (highest) to D- (lowest) based on the comprehensiveness of their disclosures, awareness of environmental issues, management strategies, and progress toward sustainability goals.

ACEN has participated in CDP’s climate disclosure since 2022, joining more than 24,800 organizations in contributing to the world’s largest and most comprehensive dataset on environmental action. CDP’s insights empower investors, companies, cities, and governments to make informed, sustainability-driven decisions.

ACEN is at the forefront of early coal retirement, having completed the world’s first market-based Energy Transition Mechanism in 2022. The ETM project now serves as a pilot for transition credits, with the goal of accelerating the retirement of a coal plant in Batangas to 2030, ten years earlier than planned and cutting carbon emissions by an additional 19 million tons. ACEN is also the first energy company in Southeast Asia to launch a comprehensive Net Zero roadmap.

Read the full story at www.acenrenewables.com.