Shell Philippines Exploration BV hailed as PH sustainability champion

0

As an innovator of sustainable energy solutions, Shell Philippines Exploration BV (SPEX) was recently awarded the 2021 Europa Award for Clean and Efficient Energy from the European Chamber of Commerce of the Philippines (ECCP).

The special award recognizes sustainable development business leaders who have best integrated the use of clean and efficient energy practices into their daily operations while supporting efforts to reduce the country’s greenhouse gas emissions by 70 % by 2030 to help fight climate change. change mitigation as stipulated in the 2016 Paris Agreement. “That’s another feather in our hat, and we express our greatest gratitude to ECCP for recognizing SPEX as a champion of sustainability in the Philippines “, SPEX Engineering and Projects Manager Rhea Abigail Navarro said during the virtual awards ceremony. “We remain committed to our vision to provide the Philippines with clean and efficient sources of energy that will help the planet, power the nation and empower our people,” she added. According to one of the award’s jurors, Ambassador Luc Veron of the European Union Delegation to the Philippines, the awards “exist to recognize Philippine companies that have made outstanding contributions to sustainability in accordance with the Philippine Development Plan and the global standards “. “Sustainability requires a holistic approach to society. We all need to act now to protect the environment and boost the green economy, ”the Ambassador said. “It’s not business as usual anymore. Sustainability cannot just be a slogan; rather, it should be the norm. There is a paradigm shift underway, ”added Lars Wittig, Vice President of ECCP. The Malampaya Deepwater Gas-to-Power (Malampaya) project, operated by SPEX, marked the birth of the country’s natural gas industry, ultimately becoming a symbol of the Philippines’ journey towards energy self-sufficiency.

As the oldest energy company in the country, Malampaya has harnessed indigenous natural gas to reduce oil imports, contribute to better air quality and generate significant revenues for the local government amounting to more than $ 1 000 billion pesos. Since October 2001, Malampaya continues to supply at least 20 percent of the country’s electricity. It also made Luzon’s air cleaner, as natural gas emits 30-50% less air emissions compared to coal, fuel oil or diesel. Malampaya has also had a positive and significant impact on many communities with various conservation efforts through its social development arms, the Pilipinas Shell Foundation Inc. (PSFI), Malampaya Foundation Inc. (MFI) and Mindoro Biodiversity Conservation Inc. ( MBCFI). “Sustainable development has always been at the heart of Shell. It is rooted in our operations and our business environment. We have always made sure that sustainability is part of our planning process and not just something to be done halfway or after the fact, ”said Navarro. This latest recognition from ECCP is a testament to SPEX’s unwavering commitment to sustainable development and its innovative and pioneering spirit in the service of the Filipino nation, said Paulo Gavino, SPEX’s Head of External Relations. “Malampaya may be an energy company, but what it really does is propel a country and its people towards progress. A business by Filipinos and for Filipinos is definitely here to stay, ”added Gavino.

DISCLAIMER: Reader comments posted on this website are in no way endorsed by The Standard. Comments are the opinions of thestandard.ph readers exercising their right to free speech and do not necessarily represent or reflect the position or point of view of thestandard.ph. While reserving the right in this post to remove comments deemed offensive, indecent, or inconsistent with The Standard’s editorial standards, The Standard cannot be held responsible for any false information posted by readers in this comments section.

Share.

Leave A Reply