Aboitiz Equity Ventures
Aboitiz Equity Ventures
Aboitiz Equity Ventures
History[edit]
The company was founded in 1989 as Cebu Pan Asian Holdings; the name was changed to the current designation in 1993.[3] The
company went public on November 16, 1994.[4]
Holdings[edit]
Power
Aboitiz Power Corporation,[5] owns Davao Light and Power Company in Davao City, Visayan Electric Company in Cebu
City, the Mariveles Coal-Fired Power Plant in Mariveles, Bataan, Therma South, Inc - COal Fired Power Plant in Davao City,
and Therma Visayas, Inc. - Coal Fired Power Plant in Toledo City, Cebu
Banking and Financial Services
Aboitiz InfraCapital
The Republic Cement Group (with CRH plc), founded in 1955, produces about 7 million tons of cement annually. It is the
second largest producer in the Philippines and produces about a quarter of the country's cement.[6] In 2017, AEV announced it
would invest $300 million in the subsidiary to increase capacity.[6]
APO Agua Infrastructura
Aboitiz Construction, Inc.
Real Estate
Company Description
Aboitiz Equity Ventures, Inc. (AEV) was originally incorporated on September 11, 1989 as Cebu Pan Asian Holdings, Inc. The Company changed its
corporate name to the present one on December 29, 1993 and its ownership was opened to the general public through an initial public offering of its stocks
on November 16, 1994.
AEV's core businesses, conducted through its subsidiaries and affiliates, are grouped into six main categories: power generation, distribution and retail
electricity supply; financial services; food manufacturing; real estate; infrastructure; and portfolio investments.
The Company's other investments include holdings in aviation through AEV Aviation, Inc.; underwriting of its insurable risks through Archipelago
Insurance Pte. Ltd.; and portfolio investments abroad through AEV International Pte. Ltd.
Security Information
Corporate Life 50
Number of Directors 9
Stockholders' Meeting
4th Monday of April
as per By-Laws
Contact Information
Business Address NAC Tower, 32nd Street, Bonifacio Global City, Taguig City, Metro Manila
Website http://www.aboitiz.com
AboitizPower commits to providing reliable power supply to enhance customer satisfaction. To do this, we embody
high P.E.R.F.O.R.M.A.N.C.E. by:
Providing a venue for our employees to develop skills and strengthen collaboration;
Ensuring to protect the environment by minimizing the negative impact of our activities and ;
Reducing OH&S risks and eliminating hazards to provide a safe and healthy work environment
for our people and partners;
Operating and maintaining power systems to optimize the overall economic return of our
investment;
Regularly reviewing, testing, and updating business continuity plans to ensure continuity of our
operations;
Managing risks and opportunities, and implementing controls in our processes and systems;
Assuring the availability, confidentiality, integrity, and protection of information assets and
information processing systems;
Nurturing, protecting, and continuously building relationships with our stakeholders;
Complying with the organization’s obligations and managing its compliance risk, and;
The Aboitiz Group’s commitment to sharing with the less fortunate is a philosophy that traces its roots over a
century ago when its forefathers first established their business in Leyte. This legacy of sharing has been instilled
and passed on through generations of its corporate history. It was one of its first leaders, Don Ramon Aboitiz, who
started corporate philanthropy through donations to various groups and needing communities, as well as looking
after the welfare of his employees.
In 1965, Don Ramon gave a big part of his personal wealth to establish the Ramon Aboitiz Foundation, Inc. (RAFI).
RAFI is a family-based foundation that is rooted from the philosophy of its founder that “the dignity of man is best
respected by helping him realize his hopes and by sharing with him the burden of his fears.” Its vision has
consistently been “Touching People, Shaping the Future” while its current focus areas are integrated development,
micro-finance & entrepreneurship, culture & heritage, leadership & citizenship, and education.
As the Aboitiz Group diversified into many businesses, its commitment to sharing grew accordingly. After decades
of giving to various worthy causes in an informal manner, and with the increasing magnitude of assistance needed in
areas where its companies operate, the Aboitiz management decided to find a more efficient and effective way of
giving. Thus in 1988, the Aboitiz Group established the Aboitiz Foundation (Foundation) as its corporate foundation
to address the social and economic development needs of marginalized members of society.
Over the past years, The Foundation has been committed to its mission of helping people help themselves and
pursuing its vision to be the neighbor of choice.
It constantly delivers value to its stakeholders, including communities where there is the Aboitiz presence. It focuses
its CSR efforts on education, enterprise development, and environment. They are always ready to help in times of
calamities, aiming to be among the first to respond.
Since the late 1980s, its initiatives have evolved from a CSR 1.0, which involves simple philanthropic activities, to a
CSR 2.0, which engages projects that are more sustainable for its beneficiaries and at the same time aligned with its
businesses. Moving forward, it intends to carefully select projects that would help it reach its goal of achieving CSR
2.0.
Cleanergy Center
The Cleanergy Center is an educational facility located in the Admin Compound of MakBan Geothermal Power
Plant in Brgy. Bitin, Bay, Laguna.
The Center is focused on renewable energy education through the use of audio visual presentations, interactive
displays, and a tour of a working geothermal power plant.
The Aboitiz Group’s commitment to sharing with the less fortunate is a philosophy that traces its roots over a century ago when its
forefathers first established their business in Leyte. This legacy of sharing has been instilled and passed on through generations of
its corporate history. It was one of its first leaders, Don Ramon Aboitiz, who started corporate philanthropy through donations to
various groups and needing communities, as well as looking after the welfare of his employees.
In 1965, Don Ramon gave a big part of his personal wealth to establish the Ramon Aboitiz Foundation, Inc. (RAFI). RAFI is a family-
based foundation that is rooted from the philosophy of its founder that “the dignity of man is best respected by helping him realize
his hopes and by sharing with him the burden of his fears.” Its vision is has consistently been “Touching People, Shaping the Future”
while its current focus areas are integrated development, micro-finance & entrepreneurship, culture & heritage, leadership &
citizenship, and education.
As the Aboitiz Group diversified into many businesses, its commitment to sharing grew accordingly. After decades of giving to
various worthy causes in an informal manner, and with the increasing magnitude of assistance needed in areas where its
companies operate, the Aboitiz management decided to find a more efficient and effective way of giving. Thus in 1988, the Aboitiz
Group established the Aboitiz Foundation (Foundation) as its corporate foundation to address the social and economic development
needs of marginalized members of society.
Over the past years, The Foundation has been committed to its mission of helping people help themselves and pursuing its vision to
be the neighbor of choice.
It constantly delivers value to its stakeholders, including communities where there is Aboitiz presence. It focuses its CSR efforts on
education, enterprise development, and environment. They are always ready to help in times of calamities, aiming to be among the
first to respond.
Since the late 1980s, its initiatives have evolved from a CSR 1.0, which involves simple philanthropic activities, to a CSR 2.0, which
engages projects that are more sustainable for its beneficiaries and at the same time aligned to its businesses. Moving forward, it
intends to carefully select projects that would help it reach its goal of achieving CSR 2.0.
One such project is Weather Philippines Foundation (WPF), which is Foundation’s largest single donation. WPF aims to deliver
critical and accurate weather forecasts to the Filipino community, with the hope of improving nationwide disaster preparedness, and
timely response to variable weather conditions. By bringing together the Aboitiz Group’s resources and network, and partner
MeteoGroup’s technical expertise, WPF is poised to be the country’s premiere private weather information/content provider. WPF
plans to have roughly 1,000 automated weather station/devices installed across the Philippines.
ABOITIZ FOUNDATION
The Aboitiz Group established the Aboitiz Foundation as its corporate foundation to address the social and economic development
needs of its stakeholders and our society. Over the past years, The Foundation has been committed to its mission of helping people
help themselves and pursuing its vision to be the neighbor of choice. It constantly delivers value to its stakeholders, including
communities where there is Aboitiz presence. It focuses its CSR efforts on education, enterprise development, environment, and
health and well-being They are always ready to help in times of calamities, aiming to be among the first to respond. Its initiatives
have evolved from a CSR 1.0, which involves simple philanthropic activities, to a CSR 2.0, which engages projects that are more
sustainable for its beneficiaries and at the same time aligned to its businesses. Moving forward, it intends to carefully select projects
that would help it reach its goal of achieving CSR 2.0.
To learn more visit Aboitiz Foundation, Inc.