Advertisement

First Gen, EDC among world’s greenest firms

Two Lopez Group companies—First Gen Corp. and Energy Development Corp.—have been included in the latest list of the world’s top 200 biggest and greenest companies, recognizing their efforts as a green company.

The prestigious list, called the Carbon Clean 200, ranks companies according to the size of their revenues from clean energy sources.

“Being the only Philippine companies on the list is a strong recognition of our commitment to not invest in coal and to make RE [renewable energy] more accessible to the Filipinos to help drive a low-carbon economy for the country,” said First Gen and EDC chairman and chief executive officer Federico Lopez in a statement.

First Gen ranked 113rd with estimated clean energy revenues of $632 million in 2017,l while EDC occupied the 139th slot with estimated clean energy revenues of $494.72 million.

The latest ranking covering the third quarter of 2018 marked the third time for EDC, and the first time for First Gen, to make it to the Carbon Clean 200. 

Topics: First Gen Corp. , Energy Development Corp. , Carbon Clean 200 , Federico Lopez
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by manilastandard.net readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandard.net. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.
AdvertisementKPPI
Advertisement