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Thursday, March 28, 2024

San Miguel unveils big reforestation plan

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SMC Global Power Holdings Corp., a unit of San Miguel Corp., is embarking on a massive reforestation and carbon capture program to help mitigate climate change.

SMCGP to date has planted 2.7 million seedlings and propagules since 2019 as part of a reforestation and carbon capture program dubbed Project 747, aimed at scattering seven million trees over 4,000 hectares in at least seven provinces.

The project, which aims to plant a million trees every year, complements SMCGP’s goal of adding cleaner and renewable power facilities into its power portfolio after dropping plans to put up three coal power plants with a capacity of 1,500 MW as part of the firm’s larger sustainability goals.

“Through massive reforestation, we can help mitigate the impacts of climate change. Over the past couple of years, we have also been utilizing the best and most modern technologies to minimize our impact on the environment, even as we try to provide for our country’s growing need for reliable and affordable power,” said SMC president Ramon Ang. 

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