OUR PRIORITY SDGs

Affordable and Clean Energy

SDG 7

Achieving the goal of 500 MW of solar by Upgrade Energy Philippines (UGEP) focuses on affordable and clean energy, which is the seventh sustainable development goal.

Investing in different sources of power such as solar, wind, and hydro power will help improve the accessibility of energy to all people. Hence, UGEP investment in various energy sources will help achieve affordable and clean energy goals.

SDG 5:

Gender Equality

UGEP has signed the Women's Empowerment Principals (WEPS) wiith UN Women. Link - https://www.weps.org/company/upgrade-energy-philippines-inc

Women and minority populations' contribution at UGEP play an essential role in accelerating the technological revolution. Despite a male dominated industry, we are conscious about including women to change the gender bias of the construction/RE activities.

OUR ESG

We have a culture that is inclusive.

People, Profit and Planet (3Ps)

At UGEP, we are committed to inclusivity and respect for all staff, such as gender inclusion for women. Despite a male dominated industry, we are conscious about including women to change the gender bias of the construction/RE activities.

UGEP includes women in solar rooftop installation - breaking the glass ceiling for women.

We are committed to ending undesirable issues such as corruption and bribery in organizations.

Workplace ethics that require integrity and accountability from employees is our priority.

We believe at UGEP that accountability is significant in achieving SDGs.

This criteria is also concerned with board members and how they associate with stockholders and be cautious to avoid conflicts within their duties.

 

 

Our ESG Goal & Activities

Gender inclusion for women. despite a male dominated industry, we are conscious about including women to change the gender bias of the construction/ renewable energy activities.

Plant Mangroves - Activity for Outing

Net Zero

Net zero targets are now the top priority of countries and companies that have vowed to help limit the rise of global temperatures. To meet this goal, it is critical for the energy sector, the major source of global emissions, to transition to clean energy technologies such as renewables and energy efficiency retrofits.

By 2030, unabated coal and oil & gas power plants should be phased out in advanced economies and 1,020 GW of renewable energy capacities shall be added annually. By 2040, unabated coal and oil & gas power plants should be phased out globally and net zero emissions for electricity generation should be met. By 2050, almost 70% of electricity generation globally should be sourced from solar photovoltaics and wind.

 

Landscape photo of wind turbines
Image of trees

UGEP shares the same vision of a sustainable and carbon-neutral future which is why we are committing to develop 500MW utility-scale and 100MW commercial-scale renewable energy by 2030. 1,188 tons of CO2 emissions are avoided annually for every megawatt of generated energy from renewable sources. Once we reach our goal, we will be able to avoid 712,800 tons of CO2 emissions annually that would otherwise have been the unfortunate by-product of burning fossil fuels.

Despite setting such an ambitious goal, we are determined to achieve this by strengthening our technical and commercial capabilities, maintaining the strong relationship with our current stakeholders, and expanding our network further. 

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