MPTC SEALS STRATEGIC TOLL ROADS
Metro Pacific Tollways Corporation (“MPTC”) has significantly expanded its toll roads portfolio with a strategic investment in Indonesia’s PT Jasamarga Transjawa Tol (“JTT”).
MPTC partnered with GIC and sealed the 35% investment –worth nearly US$1 billion – on 27 September 2024. JTT is a network of 13 inter-connected toll roads in the provinces of West Java, Central Java, and East Java. The combined 676-kilometer-long road is considered Indonesia’s crown jewel and allows the efficient flow of 850,000 vehicles daily across Indonesia’s economic powerhouse of Java Island.
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CONTENTS
1 A Word from the Chief
2 MPTC, GIC seal investment in Trans-Jawa toll roads
4 PLDT, Smart expand MSMEs programs
5 Smart ramps up 5G rollout
6 An inclusive, digital Philippines
7 PLDT-backed ACC celebrates 20 years of shaping the future
8 Journey to Gold at Olympics 2024
8 PLDT Global offers new experiences to overseas Filipinos
9 MPAV’s fresh future in dairy
10 Indofood X Pokémon in Indonesia
11 Chitato and Indomilk ride the K-Waves
12 Indomilk launches authentic Korean flavors
13 Maynilad applies AI to accelerate leak repairs
14 PLDT’s Cathy Yang wins Executive of the Year - Communication Technology
14 First Pacific Group companies lead in Corporate Governance
15 PLDT, Smart shine in marketing and HR excellence
15 First Pacific Group companies honored at the Triple P Sustainability Awards
16 Landco Pacific bags six PropertyGuru Awards
16 Landco certified as “Amazing Workplace”
17 mWell leader Chaye Cabal-Revilla awarded CEO of the Year
First Pacific Company Limited 24/F, Two Exchange Square 8 Connaught Place Central, Hong Kong SAR
Telephone: +852 2842 4388
www.firstpacific.com
PUBLISHER
Manuel V Pangilinan
EDITOR-IN-CHIEF
John Ryan
EXECUTIVE EDITORIAL ADVISOR
Sara Cheung
EDITORIAL AND DESIGN TEAM
Editor
Julia Brown
Production Director
Katy Li
Creative Director
Jan Adams
17 MPIF’s Shore It Up! wins Most Outstanding CSR Award
18 Indomie crowned top global instant noodle
18 CCLEX documentary lauded with Intermedia-Globe Gold Award
19 Indofood wins sustainability award
19 PLDT, Smart support ADB in advancing sustainability and climate action
20 Indonesia’s future of football
22 PLDT future-proofs its facilities
23 PLDT prioritizes child protection
23 MPTC and PLDT, Smart invest in child rights
24 The Group’s green commitments
24 PLDT and Smart join Maynilad’s “Plant for Life”
25 Lighting up the Christmas spirit
First Pacific is a Hong Kong-based investment holding company with investments located in Asia-Pacific. The Company’s principal investments are in consumer food products, telecommunications, infrastructure and natural resources.
Within these sectors, our mission is to unlock value by:
Delivering dividend/distribution returns to shareholders;
Delivering share price/value appreciation of First Pacific, and
Making further investments in value-enhancing businesses, taking into consideration all relevant criteria, including Environmental, Social and Governance (“ESG”) factors to better manage risk and generate sustainable long-term returns.
A Word from the Chief
To the First Pacific Family
We have quite a Christmas present this year with MPTC’s billion-dollar purchase (with Singapore’s GIC) of 35% of Trans-Jawa Tol, a collection of 13 inter-connected toll roads spanning 676 kilometres of the great island of Java, connecting dozens of cities with populations in the tens of millions. With the Indonesian economy growing among the fastest in the world, this tolled highway network has the potential of growing further from its current average of 850,000 vehicles a day.
Also in Indonesia – actually across the world – Indomie has again been crowned The Most Chosen Instant Noodle Brand in the World in the 2024 Kantar Brand Footprint Report, based on Consumer Reach Points. We are one of the biggest makers of instant noodles in the world, and demand for Indofood’s noodle dishes continues to grow fast, and will remain so for many years to come.
Turning to sustainability, you will see much coverage of ESG in this issue. MPIC has swept the top Triple P Sustainability Awards, hosted by the International Association of Business Communicators Philippines. The Triple P Awards recognize leadership in sustainability efforts; in particular, the Awards highlighted MPIC’s commitment to achieving net zero
emissions by 2050. The PLDT Group is adding more renewables to its energy mix, including geothermal, solar, and wind resources. PLDT, Smart and MPTC continue with their efforts to protect children online and offline.
Turning to the quadrennial sports fixture dear to my heart ― the Olympics ― PLDT and Smart have launched a four-part documentary “Puso in Paris 2024”, which depicts the training of Filipino athletes preparing for the Paris Games. The documentary featured Carlos Edriel Yulo’s gymnastics journey to two golds at Olympics 2024. Altogether, our Group companies support 20 National Sports Associations in the Philippines. Indofood is continuing its support to the Indonesian Football Team as the official sponsor since 2023, nurturing the growth of Indonesian football on the world stage.
As we wind down 2024 and start to celebrate Christmas, I am proud to say thank you to all our employees, partners and stakeholders for another banner year for the First Pacific Group, and for all of your labour and dedication to our goals.
God bless us all of you this Christmas season.
MPTC, GIC seal investment in Trans-Jawa toll roads
Metro Pacific Tollways Corporation (“MPTC”), the leading toll road provider in the Philippines, has invested in the most significant toll road network in Indonesia.
“ THIS DEAL FORTIFIES MPTC’S GOAL TO EXPAND IN SOUTHEAST ASIA AND ENHANCE OUR INFRASTRUCTURE PORTFOLIO. THIS EXPANSION IN INDONESIA ALIGNS WELL WITH OUR COMMITMENT TO IMPROVE OUR REGIONAL PRESENCE IN TOLL ROAD OPERATIONS. ”
MPTC President and CEO Rogelio L Singson
With a long and strong track record as an outstanding regional toll road operator, MPTC’s investment has boosted its portfolio to 1,130 kilometers connecting key economic zones in the Philippines and Indonesia.
A 35% STRATEGIC STAKE
On 27 September 2024, MPTC sealed its strategic investment through its subsidiaries PT Margautama Nusantara (“MUN”) and PT Metro Pacific Tollways Indonesia Services (“MPTIS”). Its investment partner is GIC, a global institutional investor that
The closing ceremony was attended by the officials of MPTC, MPTIS, and MUN. (L to R seated) KKJM Cooperative Chairman Bayu Nurbaya, JTT President Director Rudi Kurniadi, Jasa Marga President Director Subakti Syukur, MUN President Director Danni Hasan, MPTIS President Commissioner Rogelio L Singson, and MPTIS Director Francis D Rojas. (L to R back) Nusantara President Director Ramdani Basri, Deputy Attorney General for Civil and State Administrative Affairs (JAMDATUN) Head of Legal Opinion Sub-Directorate Mr. Mustagprin, Jasa Marga President Commissioner M Zainal Fatah, BPKP State Auditor Sector Deputy Head Sally Salamah, Ministry of SOEs Deputy for Legal Affairs and Legislation Robertus Billitea, and Nusantara Director Benny Santoso.
manages Singapore’s foreign reserves. MPTC finalized its investment cooperation for a 35% stake - worth nearly US$1 billion - in PT Jasamarga Transjawa Tol (“JTT”) - a subsidiary of the leading Indonesian state-owned toll road company, PT Jasa Marga (Persero) Tbk (“JM”).
INDONESIA’S CROWN JEWEL
JTT is a network of 13 toll roads in the provinces of West Java, Central Java, and East Java. The combined 676-kilometer-long road is considered Indonesia’s crown jewel and allows
the efficient flow of 850,000 vehicles daily across Indonesia’s economic powerhouse of Java Island. Concession periods of these 13 toll road assets range from 35 to 50 years, to expire between 2044 and 2066.
“This milestone marks our significant expansion in the Indonesian toll road market. Our collaboration with GIC and Jasa Marga underscores our commitment to expanding our portfolio by collaborating with the leading global investment firms and infrastructure providers,” said MPTC CEO and President Rogelio L Singson.
The deal has First Pacific shareholders’ firm support, with approximately 98.3% of shareholders voting to approve MPTC’s participation to invest in JTT at a Special General Meeting on 22 August 2024.
EXPANDING INFRASTRUCTURE
ACROSS INDONESIA
JTT was established in 2017. It is principally engaged in the management, security, and operation of the Trans-Jawa Toll Road Segments in Java, Indonesia, which has been in operation since 1983. The toll roads are strategically located across Java, connecting the country’s economic center, major cities, industrial hubs, and tourist areas. The island is home to a population of approximately 159 million, representing 57% of the total population and economy of Indonesia.
CAPITAL FOR EXPANSION
The investment will allow JM to raise capital, maintain a healthy leverage level, and continue to expand toll road networks across Indonesia - enhancing infrastructure and connectivity for
THE DEAL IN DETAIL
MPTIS is a wholly-owned indirect subsidiary of MPTC and MUN is a 60.4%-owned subsidiary.
The companies partnered with GIC’s Warrington Investment Pte. Ltd. (“WIP”) to complete the acquisition of a total of approximately 35.0% equity interest in JTT including a subscription of new shares issued by JTT from PT Jasa Marga (Persero) Tbk (“JM”) and Koperasi Konsumen Karyawan Jalin Margasejahtera (“KKJM”). The total consideration was approximately 15.75 trillion rupiah (US$960.3 million) with a maximum additional earn-out payment of 250 billion rupiah (US$15.2 million). The consideration of MPTC’s 24.5% equity interest in JTT or an approximately 22.9% effective equity interest in JTT is approximately 10.4 trillion rupiah (US$633.8 million).
future economic development. By bringing in MPTC, a leading international toll road operator, and GIC, a highly experienced global infrastructure investor - as new, valueadding partners - JM can maintain full control over JTT’s strategic infrastructure assets and enhance the quality of its service. <<
PLDT, SMART EXPAND MSMES PROGRAMS
EMPOWERING OVER A MILLION SARI-SARI STORE OWNERS NATIONWIDE
Smart Communications, Inc. (“Smart”) continues to empower Micro, Small and Medium-sized Enterprises (“MSMEs”) in the Philippines through key partnerships and programs. The company partners with the Department of Trade and Industry (“DTI”) to support over a million neighborhood variety stores nationwide. The Sari-Sari Store Advancement Program focuses on digital transformation, financial literacy, sustainable business practices, and consumer protection.
Smart VP and Head of Channel Management Jac Bocalan explains, “The sari-sari stores have been our key partner since day one, particularly in Smart electronic load distribution, and we are proud to support and launch initiatives that can help grow
and benefit this channel. Together with industry partners and the DTI, we share the mission of empowering our sari-sari store owners and customers by assisting them in their digital transformation journey.”
Smart, together with Maya – the Group’s digital bank - tackles ways to expand their capital through digital products and services, particularly Smart’s e-load prepaid services, one of the fastest selling products for
“
sari-sari stores since it was introduced in 2003.
FUTURE-PROOFING MSMES IN AI 101 WEBINAR
In August 2024, PLDT and Smart hosted a webinar “AI 101 for Pinoy MSMEs” for more than 5,000 participants from MSMEs, cooperatives, government agencies, and non-government organizations.
The webinar was conducted in partnership with the Department of Information and Communications Technology (“DICT”) and Philippines Partnership for Sustainable Agriculture (“PPSA”). It included a talk led by Bonnie Factor, author of “Team Human + AI: Curiosity as the Ultimate Collaboration Tool.” and founder, Leading with Success & Curiosity Gen AI, LLC.
Highlighting the transformative power of AI, the webinar introduced sample AI tools and its practical application for MSMEs’ business processes. The participants also learned how to effectively harness AI’s capabilities and maximize AI’s potential for innovation. <<
MORE THAN HALF OF OUR COUNTRYMEN ARE EMPLOYED BY MSMES. AND THIS STAGGERING PROPORTION IS DUE TO THE FACT THAT MORE THAN 99% OF THE BUSINESS ENTERPRISES OPERATING IN THE COUNTRY ARE MSMES. ”
PLDT Enterprise Vice President and Enterprise Revenue Group Head Jay C Lagdameo.
Smart ramps up 5G rollout
Throughout 2024, the Philippines has seen a robust demand for 5G mobile devices and an increase in data traffic.
PLDT has cited 5G adoption as one of the emerging growth streams of their Individual Business, which posted revenues of 41.9 billion in the first half of the year. Mobile data revenues now account for 89% of total Individual Wireless revenues.
Smart Head of Consumer Wireless Business Alex O Caeg noted, “Increasingly, data users, including gamers, are beginning to appreciate the power of 5G. Moving forward, 5G will definitely play an important role as compatible smartphones become more affordable,” To drive 5G adoption, Smart is making available device financing for 5G phones through various bank partners.
NETWORK OPTIMIZATION, AFFORDABLE 5G DEVICES
Smart continues to accelerate its growth momentum with the rollout of its 4G/LTE and 5G networks while optimizing them to deliver the best mobile experience to its subscribers,
particularly the quality of its 5G service.
“Just recently, Smart’s 5G network was recognized by Opensignal for having the Best 5G Coverage Experience. To sustain this level of performance, we are continuously optimizing our network, especially in key strategic areas, to ensure that we cater to the increasing demand of subscribers who would like to have higher speeds,
lower latency and more reliability from their mobile service for their online needs,” said PLDT and Smart First Vice President and Head of Network Strategy and Engineering, Eric Santiago. He added that Smart’s selfoptimizing network also serves to enhance subscriber experience with compatible handsets, such as the recently launched Smart ZTE Blade A75 5G - Smart’s most affordable 5G device.
INVESTING IN THE CUSTOMER EXPERIENCE
The PLDT Group’s continued investments in enhancing its network, products and services are aligned with the group’s commitment to deliver the bestquality customer experience across the Philippines. Smart’s awardwinning mobile network covers 97% of the population and is part of the Philippines’ largest integrated network, including PLDT’s most extensive fiber infrastructure.
Smart’s innovative mobile products and services contribute to the PLDT Group’s endeavors to narrow the digital divide, provide connectivity to all, and achieve the United Nations Sustainable Development Goals (“UNSDGs”) particularly # 9 – Industry, Innovation, and Infrastructure. <<
From left: PLDT and Smart FVP for Network Eric Santiago; Smart Head of Consumer Wireless Business Alex O Caeg, Smart SVP Consumer Wireless Business Kristine A Go.
AN INCLUSIVE, DIGITAL PHILIPPINES
The PLDT Group is the sole telco partner in the Philippines for the global Digital Transformation Centres (“DTC”) Initiative with the Department of Information and Communication Technology (“DICT”) and Cisco.
This August, PLDT launched its “DTC Onthe-Go” support packages.
The DTC Initiative, launched in 2019 by the International Telecommunication Union (“ITU”) aligns with the PLDT Group’s digitalization goals. Pangilinan said, “This is PLDT’s core mission - an inclusive, digital
Philippines. Our strengths as a company can serve the biggest, most pressing needs of our country, and we will make certain that our efforts will be felt by our countrymen. Together with Government - which has laid out a visionary plan for digitalization - we are eager to help build a Philippines where no one is left behind.” <<
From left: Department of Information and Communication Technology Secretary Ivan John Enrile Uy receives the “DTC On-the-Go” package, handed over by PLDT and Smart Chairman, President and CEO Manuel V Pangilinan.
PLDT-backed ACC celebrates 20 years of shaping the future
Asia’s leading telco and ICT event, ACC, marked its 20th year in Cebu on 2 – 6 September 2024. The milestone conference theme was “Amplify, Cultivate, and Celebrate.”
Organized with the help of the PLDT Group, ACC - formerly known as the Asian Carriers Conference - has long served as a platform in fostering innovation, collaboration, and growth within the industry.
20 YEARS OF DRIVING THE INDUSTRY FORWARD
This year’s anniversary event reflected on two decades of connecting industry leaders and enabling a future of advanced digital transformations. Over the years, ACC has been a driving force in growing the global digital ecosystem.
In his opening remarks, PLDT Global President and CEO Albert V VillaReal underscored the importance of leadership through constant change, “We have to lead those changes by constantly pushing the frontiers of digital transformation, starting from within our organization and branching out to our customers.”
WOW MOMENTS
The 5-day event featured a rich program of forums and workshops, addressing current industry challenges and future trends. A highlight was the Strategy Summit, entitled “The Art and Science of Wow: Great Customer Experience in the Phygital World,” which was delivered by Brand and Customer Engagement
Expert and Former Head of Digital for the Virgin Group, Alex Hunter.
Hunter’s keynote speech emphasized the role of AI in creating “wow moments” for customers. He also highlighted the concept of “phygital” - the merging of physical and digital experiences as a key driver of unique and extraordinary customer interactions.
ACC also featured a roundtable forum on maximizing 5G investments through effective monetization strategies. Workshops covered AI and cloud integration, cybersecurity threats and the evolution of telco networks.
2024 brought back its ‘Shopping Village’ which showcased products from Cebu’s MSMEs. This initiative leverages the conference’s global appeal to support its regional host economies. Local businesses were offered a global platform to promote Cebuano products. <<
SHOPPING VILLAGE SHOWCASE
Leaders from national and international tech companies lead the opening ceremony of the 20th year of ACC.
PLDT and Smart FVP and Group Head of Corporate Communications Cathy Yap-Yang facilitates the interview with Brand and Customer Engagement Expert Alex Hunter.
ACC
JOURNEY TO GOLD AT OLYMPICS 2024
PLDT and Smart have launched a four-part documentary, “Puso in Paris 2024” unveiling the training journey of Filipino Olympians for the Olympic Games Paris 2024.
Staunch supporters of sports development, companies led by PLDT and Smart Chairman and CEO Manuel V Pangilinan and the MVP Sports
Foundation have launched many initiatives to help discover, develop, and train Filipino athletes and teams from the grassroots. From basketball to boxing to esports and many others, MVP Sports Foundation (“MVPSF”) and Group companies have been investing in 20 National Sports Associations, fueling the Filipino Olympic dream.
PLDT Global offers new experiences to overseas Filipinos
Partnerships
with Infobip and Pilipinas Live
Filipinos living overseas are a numerous cohort who tend to spend long periods of time working away from their home country. Now, with the help of PLDT Global Corporation (“PLDT Global”), they have an enhanced selection of digital connections to home,
Recent partnerships with global cloud communications platform Infobip, and sports channel Pilipinas
Live, are engaging customers on PLDT Global’s TinBo platform and delivering new entertainment and sports options.TinBo is a one-stop online marketplace that enables Filipinos living overseas to acquire a Smart Virtual Number (“SVN”) which provides a secure digital identity for user’s online transactions in the Philippines, enabling them to buy load, pay bills, send vouchers and other digital products for their families. The partnership with Infobip enables TinBo to engage with customers in their preferred social media channels.
PLDT Global President and CEO Albert V Villa-Real said, “We at PLDT Global are continuously evolving to level up our quality of service to global Filipinos, that is why we are delighted to partner with a technology leader who shares the same passion and vision in utilizing artificial intelligence and omnichannel solutions to improve
our business operations and customer experience.”
SPORTS LIVE AND ON-DEMAND
TinBo is bringing Philippine sports action and entertainment to overseas Filipinos via its new partnership with Pilipinas Live.
Villa-Real noted, “Filipino athletes have brought so much attention and anticipation this year, so this is a timely service that we’re adding to our TinBo portfolio, enabling sports-loving Filipinos around the world to have an exciting time watching their favorite sports, easing their homesickness, and making their entertainment experience more meaningful.”
With the availability of the Pilipinas Live Premium International Plan on TinBo for an affordable fee, customers can enjoy live and ondemand sports with multi-screen camera angles, an immersive fan stream and interactive chats. <<
“Puso in Paris 2024” features Carlos Edriel Yulo, the country’s golden boy of gymnastics who headlined the Philippine campaign in Paris with two gold medals. The series also followed Paris bronze medalists Nesthy Petecio and Aira Villegas and their fellow athletes.
PLDT, Smart and the MVPSF have been supporting Yulo’s Olympic goals since 2017. Later, Yulo first met Pangilinan in 2019 after winning the gold medal in the Artistic World Gymnastics Championships in Stuttgart, Germany – making history as the first Filipino gymnast to become a world champion. <<
Watch at www.firstpacific.com/press/theview.php
MPAV’S FRESH FUTURE IN DAIRY
Metro Pacific Agro Ventures (“MPAV”), a wholly-owned agriculture unit of MPIC, is on a mission to provide fresh and high-quality local products for the Filipino consumers.
MPAV’s integrated dairy business aims to play a part in reducing the Philippines’s reliance on imported milk.
A NATIONAL DAIRY CHAMPION
In September 2024 MPAV completed the acquisition of 100% of Universal Harvester Dairy Farms, Inc. (“UHDFI”) for a consideration of 714 million. UHDFI operates under the Bukidnon Milk Company brand. The company produces and processes fresh milk,
flavored milk, yogurt, and cheese products. This investment comes after its previous investment in The Laguna Creamery, Inc. (“TLCI”), known for popular brands Carmen’s Best ice cream and Holly’s Milk. Since partnering with MPAV, TLCI is experiencing significant sales growth; by combining the resources of TLCI and UHDFI, MPAV plans to establish a national dairy champion with farms across the country, a nationwide reach, and a comprehensive range of products.
INCREASING DOMESTIC MILK PRODUCTION
Jovy Hernandez, CEO of MPAV shared “Our core strategy involves addressing the Filipino plate - rice, meat, eggs, and aquaculture. All of these areas are very promising. We’re exploring opportunities to implement technology that will increase the yield.”
Through Metro Pacific Dairy Farms, MPAV has recently been registered as a new local producer of dairy products and plant-based beverages. The company is investing over 2 billion in a state-of-the-art integrated dairy farm and processing facility in Laguna, utilizing AI and advanced techniques and equipment to optimize production efficiency and quality.
The facility will house 1,000 cows and produce 6.5 million liters of raw milk annually. MPAV expects to achieve self-sufficiency in milk by 2026. <<
(From left) MPAV President and Chief Executive Jovy Hernandez, MPIC Chairman Manuel V Pangilinan, UHDFI Executive Vice President and Treasurer Milagros How, and UHDFI Chairman, President and Chief Executive William How.
INDOFOOD X POKÉMON IN INDONESIA
Supporting the successful Pokémon Run 2024
This September, Indofood supported one of the year’s most engaging and colorful interactive events: the Pokémon Run 2024. The company has long been a champion and sponsor of sports development in Indonesia.
The event was organized by The Pokémon Company and AKG Entertainment, the master licensee of the Pokémon brand in Indonesia.
Pokémon, a global sensation, designed a truly all-encompassing experience for Indonesia, with series of events within this year, including Pikachu’s Indonesia Journey, the Pokémon Run and Pokémon GO City Safari.
PARTNERS IN FUN, HEALTH AND COMMUNITY
Several well-known Indofood brands, including Chiki, Indomilk Kids, and Indofood Club Mineral Water
participated in the excitement. These brands have long been associated with family and youth, making them the perfect partners for an event that emphasizes fun, health, and community involvement.
Host cities included Denpasar, Surabaya and Yogyakarta, culminating in Jakarta on 22 September in a citywide adventure. The Pokémon Run offered a variety of activities designed for participants of all ages and was held according to a 3K Family Run and a 5K Fun Run category to include varying fitness levels and to promote wellbeing across generations.
Along the route, runners discovered various activation spots with interactive experiences, fun challenges
and a Pokémon merchandise booth. Participants enjoyed the chance to immerse themselves in the playful atmosphere with their favorite Pokémon.
TAPPING INTO ENTERTAINMENT POWER
As Indonesia continues to see rapid growth in the sports and wellness sectors, events like the Pokémon Run 2024 are influential in encouraging a healthier and more active society. Indofood’s involvement in the event
Chitato and Indomilk
ride the K-Waves
Appoint new brand ambassadors: S.Coups, Wonwoo and Vernon from Seventeen
Ialigns its brands with the Pokémon world, tapping into the power of community and entertainment to create lasting memories for participants nationwide. <<
ndofood’s Chitato and Indomilk brands have launched their aspirational new brand ambassadors: S.Coups, Wonwoo and Vernon from K-Pop boyband Seventeen. The three K-Pop stars are a creative influence for young Indonesian consumers.
Through Chitato’s “Lead The Wave” campaign, it hopes to inspire Indonesian youth to embrace authentic self-leadership and break free from conventional success norms. Indomilk’s “Authentic Korean Flavor” brings the essence of Korean trends to its consumers with innovative flavors, including Haenam Goguma, Gangneung Dalgona and Seoul Banana. <<
INDOMILK LAUNCHES AUTHENTIC KOREAN FLAVORS
Indonesia’s well-connected youth, particularly Generation Z, are fans of the global Korean Culture wave (Hallyu).
Indofood’s brand Indomilk has launched its latest product innovation, Indomilk Authentic Korean Flavor, to excite its target consumers.
Indofood CBP Director
Axton Salim said, “We adapt the aspirations of global wave Korean culture for Indonesian youth, hoping that it can be an inspiration for them.”
TASTES OF K-CULTURE
Indomilk Authentic Korean Flavor comes in three creative new flavors. Indomilk Gangneung Dalgona Coffee, inspired by Korea’s famous Dalgona candy, offers a unique blend of stimulating coffee and sweet dalgona.
Indomilk Haenam Goguma combines the flavor of Korean sweet potatoes with a unique taste suitable for Indonesian palates. Indomilk Seoul Banana brings the freshness of Seoul-style banana milk, popular among active young Koreans.
The new products offer the excitement of a truly Korean experience while providing nutritional goodness in delicious flavors. The aspirational range also includes Korean Strawberry, inspired by the famous Seolhyang strawberries; a mellow Busan Vanilla; and a romantic Jeju Chocolate. <<
Maynilad applies AI to accelerate leak repairs
“Bringing down water losses is a task that we take very seriously”, reports Maynilad’s Central NRW Division Head, Engr. Ryan B Jamora.
Maynilad Water Services, Inc. (“Maynilad”) has plugged more than 28,000 pipe leaks in the first half of 2024. This brings the company’s total number of leaks repaired to 523,111 since 2007 when it inherited one of the oldest pipe networks in Asia upon re-privatization. Maynilad aims to repair a total of 50,000 pipe leaks
throughout its concession in Metro Manila and Cavite Province within 2024 - its highest-ever annual target. For 2024 alone, Maynilad allotted 791 million for active leakage control.
MILLIONS OF LITERS RECOVERED DAILY
Plugging the leaks in the first half of 2024 enabled Maynilad to recover around 198 million liters of water per day, which is enough to supply the requirements of some 198,000 water service connections.
The company deploys Infrawise AI technology to detect pipe leaks quickly and efficiently. Infrawise, which is owned and developed by Portugal-based AGS, is an AI decisionmaking software that analyzes and identifies problematic areas in the pipe network.
PROACTIVE MANAGEMENT
Maynilad began testing the applications of Infrawise AI technology in October 2023, over an area covering 1,700 kilometers of water pipelines. After the pilot run, the AI software produced a map that identified vulnerabilities over 750 kilometers of these pipelines, with 1,525 leaks subsequently being identified. The company has since expanded its monitoring to another 1,500 kilometers of pipelines.
“Through this advanced AI technology, we can proactively identify and address potential leaks in our water distribution system. This not only enables us to respond more swiftly and efficiently to pipe network issues, it also significantly enhances our ability to conserve water resources and improve service reliability for our customers,” said Maynilad Chief Operations Officer Randolph T Estrellado.
Maynilad also tapped the technology of satellite-based infrastructure intelligence company Asterra, that tracks the spectral “signature” of potable water underground. Leakage information is captured in a Geographic Information System report that specifies street locations, enabling Maynilad to fast-track its reparation process. <<
PLDT’S CATHY YANG WINS EXECUTIVE OF THE YEAR - COMMUNICATION TECHNOLOGY
PLDT Group’s Cathy Yang has been feted as Gold Stevie® Winner this September, winning the highest recognition under the category, “Executive of the Year - Communication Technology”.
The Stevie® Awards for Technology Excellence celebrate the remarkable accomplishments of individuals, teams, and organizations shaping the future of technology across all industry sectors. More than 100 professionals worldwide participated in the judging process to select this year’s honorees.
Judges have recognized Yang and her team’s role in leveraging
corporate communications in propagating safe spaces online, by liaising with international partners such as UNICEF to integrate child rights into the business.
The application of a child rights lens to PLTD Group policies is central to Yang and her team’s strategic communications. It is a robust whole-of-nation approach to preventing the proliferation of online sexual abuse and exploitation of children. <<
First Pacific Group companies lead in Corporate Governance
The Institute of Corporate Directors’ (“ICD”) held its 2024 Golden Arrow Awards Ceremony this September.
Meralco won four Golden Arrows; PLDT was honored with three Golden Arrows and Philex and PXP Energy each won two Golden Arrows. The awards, for publicly-listed companies (“PLCs”) in the Philippines, highlight companies’
commitment to transparency, accountability, stakeholder management and sustainable business practices. Rankings are based on the 2023 ASEAN Corporate Governance Scorecard evaluation results.
A VIABLE INVESTMENT DESTINATION
“This award is a testament to our enduring commitment to adhere to global standards, as we strive together with other top PLCs in the country to help position the Philippines as a viable investment destination, driving the economy, creating value and serving the needs of Filipinos, the regional community and the world,” said PLDT SVP, Chief Legal Counsel and Corporate Secretary Atty. Marilyn A Victorio-Aquino. <<
(L-R) Institute of the Corporate Directors (“ICD”) Board of Trustees Chairman Atty. Pedro H Maniego Jr., FICD; ICD Trustee Jose L Cuisia, FICD; Meralco Head of Corporate Governance and Compliance Office Atty. Joselyn C Villar-Altamira; ICD Trustee Atty. Benedicta Du-Baladad, FICD; ICD Vice Chairperson Ida Ceniza-Tiongson, FICD; and Securities and Exchange Commission Chairman Atty. Emilio B Aquino, CPA.
(Center) PLDT SVP, Chief Legal Counsel, and Corporate Secretary Atty. Marilyn A Victorio-Aquino. (Left) PLDT FVP, Chief Sustainability Officer and Head of Investor Relations Melissa V Vergel de Dios. (Right) PLDT VP and Head of Corporate Governance Atty. Magdalene A Tan.
PLDT, Smart shine in marketing and HR excellence
PLDT and Smart were honored at MarketingInteractive’s recent Marketing Excellence and HR Excellence Awards.
The telcos won in the categories of brand communications, corporate social responsibility and human resources.
“Our awards underscore our dedication to delivering meaningful connections and fostering innovation,” Smart Senior Vice President for Consumer Wireless Business Kristine A Go, told Business Insider.
PLDT and Smart were recognized for:
“Excellence in Diversity, Equity, and Inclusion”, awarded for campaigns for Women’s Month, Pride Month, and Persons with Disabilities Month.
“Excellence in Learning and Development”, awarded for providing over 205,000 learning content modules for their workforce.
“Excellence in Digital Marketing” for its SIM Registration campaign.
“Excellence in Out-of-Home Advertising.” Awarded for the innovative FIBA-themed MOA Ball installation. <<
FIRST PACIFIC GROUP COMPANIES HONORED AT THE TRIPLE P SUSTAINABILITY AWARDS
MPIC sweeps top Triple P Sustainability Awards
The awards were hosted by the International Association of Business Communicators (“IABC”) Philippines, in collaboration with Deloitte Philippines and the Makati Business Club. It celebrates companies that are committed to ESG principles. Deloitte’s Technical Committee designed a framework founded on four core principles: comprehensiveness, authenticity, comparability, and objectivity.
The highest accolade, the Triple P Award, was awarded to MPIC for its leadership in sustainability efforts. This recognition emphasizes MPIC’s commitment to achieving net-zero emissions by 2050, proactive climate risk management, and substantial efforts to reducing Scope 3 emissions. MPIC’s focus on fostering a people-centered culture further demonstrates the critical integration of ESG into core business strategies.
Four Group companies were honored with The Best ESG Program Award:
Light Rail Manila Corporation for promoting social responsibility within the mass transportation sector.
Maynilad for exemplary ESG performance within the water utilities sector.
Meralco for distinguishing itself in the energy distribution field through ESG impact. Meralco FVP and Chief Sustainability Officer Raymond Ravelo was named as ESG Thought Leader for his pioneering role in advancing ESG principles across all industries.
MPIC for its Gabay Kalikasan Program, which achieved notable progress in communication and ESG initiatives. <<
Landco Pacific bags six PropertyGuru Awards
Landco Pacific Corporation was acclaimed with six highly coveted awards for its commitment to excellence in development, design and sustainability, at the 12th Annual PropertyGuru Philippines Property Awards held in September 2024. It beat the country’s top real estate companies in over 80 award categories.
Landco Pacific Chairman Manuel V Pangilinan was honored as the 2024 Philippines Real Estate Personality of the Year. He was selected by editors
of Property Report by PropertyGuru, in recognition of his transformative leadership in real estate and infrastructure in the Philippines.
A DREAM FOR A BRIGHTER TOMORROW
Landco Pacific President and CEO Erickson Manzano said, “We are deeply honored that the highly respected PropertyGuru Philippines Property Award recognized our Chairman Manuel V Pangilinan as Real Estate Personality of the Year, for his vision that real estate is not just about bricks and mortar. With his leadership and dream for a brighter tomorrow, we create spaces where people can live, work, and thrive. It’s about shaping communities and, ultimately, about leaving a legacy that endures long after we’re gone.”
LANDCO PACIFIC WAS CITED AS WINNER AND HIGHLY RECOMMENDED:
Best Condo Architectural Design and highly commended as Best Investment Condo Development for The Spinnaker
Best Waterfront Condo Development and highly commended as Best Lifestyle Condo Development for The Residences at Terrazas de Punta Fuego
Best Lifestyle Developer for Club Laiya and Costa Azalea
Best Lifestyle Developer and Best Mixed-Use Development for CaSoBe
Best Subdivision Development for Playa Calatagan <<
LANDCO CERTIFIED AS “AMAZING WORKPLACE”
This September, Landco Pacific was acclaimed as an “Amazing Workplace” with 85% or more of anonymously surveyed employees reporting that they are genuinely happy or very happy at their workplace - the first company in the Philippines to be certified.
Amazing Workplaces is an internationally integrated Human Resources platform for employer branding, dedicated to analyzing, enriching, and promoting best practices across nine core pillars of workplace excellence: Hiring and Retention, Culture, Compensation and Benefits, Employee Engagement, Rewards and Recognition, Internal Communication, Diversity Inclusion and Equity, Learning and Development, and CSR.
This highly coveted recognition is a demonstration of Landco Pacific’s commitment to excellence in its premium resort and leisure
developments through its human resources and internal operations.
HAPPINESS, WELL-BEING, AND PROFESSIONAL GROWTH
Landco Pacific President and CEO Erickson Y Manzano said, “Our workplace culture at Landco Pacific Corporation thrives on collaboration, support and camaraderie to drive collective success. Great ideas and solutions to challenges come from our employees from all levels. I make it a point to talk to our employees when I visit Landco Pacific developments throughout the country and get the insights from everyone across the
ranks especially when we have new projects.”
“At Landco Pacific, we deeply appreciate our exceptional team’s hard work and dedication to achieve this prestigious certification from ‘Amazing Workplaces’. This renews our unwavering commitment to continue to implement employee engagement activities that will foster our employees’ happiness, well-being and professional growth; and cultivate a work atmosphere of teamwork, trust and harmony,” Manzano added. <<
Landco Pacific President and CEO Erickson Manzano
mWell leader awarded CEO of the Year
mWell President and CEO Chaye CabalRevilla has won the CEO of the Year Award at the Asia Business Leader of the Year, held recently in Singapore.
For the last 22 years, the Business Leader of the YearTM has recognized trailblazers for their excellence in management and corporate social responsibility. This award is a testament to CabalRevilla’s commitment to changing the landscape of healthcare in the Philippines. Cabal-Revilla is also Executive Director, Chief Finance, Risk and Sustainability Officer of MPIC, where she has overseen transformation and milestones in ESG initiatives. <<
MPIF’S SHORE IT UP! WINS MOST OUTSTANDING CSR AWARD
Metro Pacific Investments Foundation’s (“MPIF”) flagship program, Shore It Up! champions environmental conservation. In July 2024 it was honored at the CSR Guild Awards by the League of Corporate Foundations (“LCF”). The program’s 15th Anniversary initiative entitled “Enlarging Our Blue Footprint for Philippine Marine Biodiversity Conservation,” was awarded the distinction of Most Outstanding Corporate Social Responsibility (“CSR”) Project in Environment
The CSR Guild Awards honors foundations and corporations for exceptional CSR initiatives. Shore It Up!’s 15th anniversary was marked by a focused
initiative aimed at significantly enhancing marine biodiversity conservation across the Philippines. Key projects included sustaining the UNESCO World Heritage Site Tubbataha Reefs Natural Park and rehabilitating the Mangrove Center in Del Carmen post-Typhoon Odette.
REAL CHANGE THROUGH CONSERVATION
MPIF President Melody del Rosario said, “As a country increasingly vulnerable to the impacts of climate change, we must take decisive action. Shore It Up! is committed to creating real change through conservation and restoration efforts, education, sustainable tourism, livelihood diversification, and fostering essential partnerships. Our goal is to build a sustainable and resilient environment for future generations.”
SIU’s remarkable impact over the past 15 years includes, amongst others, the establishment of 3 mangrove centers, the protection of 5,263 hectares of mangroves and 102,083 hectares of Ramsar sites, and the engagement of 86,902 volunteers nationwide.
Shore It Up! actively supports the United Nations SDGs, particularly #14: Life Below Water, #15: Life on Land, and #17: Partnerships for the Goals. <<
Indomie crowned top global instant noodle
Indomie has again been crowned The Most Chosen Instant Noodle Brand in the World in the 2024 Kantar Brand Footprint Report, based on Consumer Reach Points.
It also secured titles as The Most Chosen FMCG Brand in Southeast Asia and Indonesia, and The Most Chosen Food Brand in Indonesia.
Other Indofood CBP products, including Indofood Racik, Sambal Indofood, and Kecap Indofood, ranked among Indonesia’s Top Ten FMCG brands. Indofood CBP Director, Taufik Wiraatmadja, credited the brand’s popularity to Indomie’s 50-year success, global reach, and commitment to quality and innovation. <<
CCLEX documentary lauded with IntermediaGlobe Gold Award
The Cebu-Cordova Link Expressway (“CCLEX’s”) National Geographic documentary won the prestigious
Intermedia-Globe Gold Award at this year’s 25th World Media Festival Television and Corporate Media Awards.
The documentary followed the epic development and construction journey of the tollway that connects Cebu City to the town of Cordova. It depicts the milestone achievement and the people who contributed to it over time. CCLEX is an icon of Cebu, connecting communities, cultures, and people.
Watch at www.firstpacific.com/press/theview.php
The WorldMediaFestivals are a global competition for both broadcast and non-broadcast media, recognizing outstanding media solutions on an international scale. <<
View 2 minute vignette
View 45 minute documentary
INDOFOOD WINS
SUSTAINABILITY AWARD
Indofood has been awarded the Katadata Environmental, Social & Governance Award 2024, earning the title of “Sustainability” in the Indonesian Food and Beverages sector.
The award was presented by Adek Media Roza, Director of the Katadata Insight Center, in August this year.
This accolade recognizes Indofood’s unwavering commitment to integrating sustainability principles across its value chain, demonstrating responsibility in protecting the environment, preserving biodiversity, and enhancing resource efficiency while minimizing the ecological impact of its business operations.
For decades, Indofood has implemented its three sustainability pillars: Resilience in Delivering Food for All, Environmental Stewardship, and Stronger Together with Our People and Communities. <<
PLDT, SMART SUPPORT
ADB IN ADVANCING SUSTAINABILITY AND CLIMATE ACTION
PLDT and Smart continue to work closely with the Asian Development Bank (“ADB”), supporting its goals in managing climate change risks through its operations and supply chain engagements.
These complement PLDT and Smart’s efforts to enable ADB’s digital transformation through a range of enterprise solutions.
During a recent roundtable organized by the ADB for its longterm and critical IT suppliers, PLDT and Smart joined ADB and its roster of global partners. The group exchanged ideas on sustainability and shared experiences of championing business practices that positively impact the planet and communities.
PARTNERS IN SUSTAINABILITY
PLDT and Smart’s Chief Sustainability Officer Melissa Vergel de Dios said, “We are inspired and encouraged to learn more about ADB’s journey towards embracing sustainability. Recognizing ADB as a like-minded partner and noting how we navigate through such similar challenges and opportunities, PLDT and Smart look forward to continuously supporting ADB and providing the institution with more meaningful services that help achieve its business and ESG goals.”
Vergel de Dios shared in the roundtable how PLDT and Smart identify sustainability as a key pillar of strategy and as part of the CEO scorecard and organizational key performance indicators. The PLDT Group has a strategic decarbonization roadmap with tangible programs. These include the continuous upgrade of their fixed line network from copper to
fiber optic cables, use of renewable energy for network sites, business facilities and data centers. The group also implements a variety of energy efficiency initiatives and continues to adopt green technologies.
CAMPAIGNING E-WASTE RECYCLING
As a way of promoting sustainability within the telecommunications and IT industry, Vergel de Dios discussed PLDT and Smart’s focus on e-waste management and circularity. Through campaigns and strategic partnerships, the telcos aim to make proper e-waste disposal and recycling solutions accessible and convenient to Filipinos.
These efforts support the targets and principles of the United Nations SDGs, including # 9 on Industry, Innovation and Infrastructure; #13 on Climate Action, and #17 on Partnerships for the Goals. <<
Indonesia’s future of football
Indofood supports the growth of Indonesian football as proud sponsor of the National Team and leading football clubs.
Indonesian football is on the rise, and the world is taking notice. The country hosted the FIFA U-17 World Cup™ late last year with 437,000 spectators in attendance, fueling a national upsurge of support for the sport. Indofood is fully engaged, sponsoring and supporting the development of Indonesian football and advancing the nation’s sporting achievements
Indofood is expanding its role to help Indonesian football grow and flourish, as the official sponsor of the Indonesian National Football Team (“Timnas Indonesia”) since 2023. The company also continues to work closely with seven well-respected football clubs, including Persija Jakarta, Persib Bandung, Bali United, PSIS Semarang, PSS Sleman, Persebaya Surabaya, and Persita Tangerang.
A SHARED PASSION
“We are truly honored to support the Indonesian National Football Team and work closely with these great clubs,” said Indofood CBP Head of Consumer Engagement Corporate Marketing Fierman Authar, “Football is more than just a sport - it’s a shared passion that unites people. Indofood is committed to fostering that connection, not only by backing the National Team and key clubs, but also by nurturing the next generation of football talent.”
The company’s sponsorship aims to boost Indonesia’s standing in international football while strengthening the connection between players and their supporters. Inside FIFA reports that the Indonesian team has shown good progress in the recent two years - and its sights are set on ranking within the world’s top one hundred.
EYES ON FIFA WORLD CUP 2026
The team is now on a crucial schedule for the FIFA World Cup 2026 qualification for the Asian zone group C.In September 2024, it drew 1-1 against Saudi Arabia, and went on to upset Australia with an impressive 0-0 draw on 10 September.
The team looks forward to playing Bahrain, Japan and China, Saudi Arabia and Australia in future matches through 2024 and early 2025.
INSPIRING PRIDE
Since 2015, Indofood has supported leading football clubs with the objective of interacting and creating engagement with local communities and to help elevate Indonesian football on both national and international stages. This year, Indonesia’s top-tier football league, Liga 1, kicked off in August with 18 football clubs participating. Indofood has been at the forefront of engaging fans through a variety of activities and events, promoting a closer, more meaningful relationship between the footballers and the communities that cheer them on.
The company is actively involved in grassroots programs, youth
initiatives, and fan engagement events, all of which aim to inspire the next generation of players and deepen their connection to the sport.
FOOTBALL AS A WAY OF LIFE
Indofood’s involvement in Indonesian football reflects its broader philosophy of community and shared passion. The company’s belief in the power of football to bring people together and inspire pride is central to its ongoing efforts. “We believe football is not just a game - it’s a way of life,” Fierman said. “And Indofood is proud to be part of that journey, contributing to the growth and success of Indonesian football on and off the field.”
As Indonesia’s football presence grows internationally, Indofood remains committed to fostering a sense of national pride and unity through the sport, while helping to build a solid foundation for the future of football in the country. <<
PLDT future-proofs its facilities
PLDT, Smart and First Gen transition to renewable energy
The PLDT Group is set to add more renewables to its energy mix, which includes geothermal, solar and wind sources. It is expanding its partnership with the Philippines’ largest renewable energy (“RE”) producer, First Gen Corporation (“First Gen”) to switch six network facilities in Mindanao to 100% RE.
The switch marks a milestone in power-hungry data centers, as PLDT’s VITRO Davao will become the first data center of the telco firm to be powered 100% by RE. VITRO Davao caters to the business needs of local
and foreign enterprises in disaster recovery, security, and business continuity.
23 MILLION IN ANNUAL SAVINGS
The RE expansion in Mindanao is expected to generate approximately 23 million in savings on energy and operational costs annually for PLDT and Smart. It is also estimated to reduce greenhouse gas emissions by almost 13,000 tons every year.
“The achievement of PLDT and Smart’s decarbonization targets to reduce our environmental footprint depends on
“ FOLLOWING THE SWITCH OF FOUR OF OUR SITES IN THE VISAYAS, WE ARE ONCE AGAIN TAPPING FIRST GEN’S GEOTHERMAL ENERGY SUPPLY TO INCREASE THE RENEWABLE COMPONENT OF THE ENERGY MIX OF OUR CRITICAL FACILITIES IN MINDANAO. THIS ENABLES US TO FUTURE-PROOF OUR FACILITIES, REDUCE OUR OPERATIONAL EXPENSES, AND SUPPORT THE GOVERNMENT’S GREEN ENERGY OPTION PROGRAM IN THE REGION. ”
PLDT Vice President and Sector Head for Property and Facilities
Leo Gonzales
the support from like-minded partners such as First Gen, who helps companies transition to renewable energy. This partnership with First Gen allows us to continue to enable the country’s digital transformation and help narrow the digital divide but in a way that is kind to the planet,” said PLDT First Vice President, Chief Sustainability Officer, and Head of Investor Relations Melissa V Vergel de Dios.
In addition to the transition to RE, PLDT and Smart have been adopting green technologies and various resource optimization initiatives for their network sites, business offices, and key facilities nationwide. Within 2024, PLDT Group expects to transition additional facilities in Greater Metro Manila to RE.
5 BILLION GREEN LOANS SECURED
PLDT has also secured green loans, amounting to 5 billion to date, to partially fund its fiber nationwide expansion, ensure a fast and reliable internet experience facilitated by an energy-efficient network and minimize the carbon footprint of its network rollout.
These efforts aim to support the global ambition to achieve Net Zero by 2050 and contribute to the United Nations SDGs, particularly #9 on Industry, Innovation, and Infrastructure; #7 on Affordable and Clean Energy; and #13 on Climate Action. <<
(L to R) First Gen Senior Marketing Manager Chloe Kayanan, and Vice President and Head of Power Marketing, Trading and Economics Carlo Vega with PLDT Group First Vice President and Chief Sustainability Officer Melissa Vergel de Dios and PLDT Facilities Management Center Head Jeffrey Tanjutco.
PLDT PRIORITIZES
CHILD PROTECTION
Partnering with government, ASEAN, IJM, MPTC and others
PLDT and Smart are among the most proactive and vigilant companies in the Philippines’ private sector in combatting the scourge of online sexual abuse and exploitation of children (“OSAEC”). The Group supports the Philippine government and the ASEAN community, and partners with the International Justice Mission Philippines (“IJM”) and others.
PLDT and Smart participated in the recent 2024 ASEAN ICT Forum on Child Protection, reaffirming robust support in contributing to regional efforts to protect children online.
PLDT and Smart President and CEO Manuel V Pangilinan said in a statement, “We heed the regional call for action and commit to continue engaging with the Philippine government and the ASEAN community to enable holistic solutions and reinforce measures to combat abuse and exploitation of children. PLDT and Smart regard child protection as a business imperative and will remain steadfast in promoting and ensuring the wellbeing of children online.”
TRAINING, TECHNOLOGY AND EXPERTISE
This July, the group joined IJM and social development non-government organization, Bidlisiw Foundation, in training for the Philippine National Police in Cebu. The training was in Internet Crimes Against Children, aimed at empowering local law enforcers to respond effectively to reports of online sexual exploitation.
“Over the years, PLDT and Smart have been steadfast partners of IJM and Bidlisiw to help end online child exploitation in the country. We’ve provided not only connectivity and technological support, but also expertise in data handling crucial for investigations. With this, we’re investing in a safer digital future for Filipino children,” said PLDT and Smart Stakeholder Management-Visayas Relations Head Marylou Gocotano.
PLDT has developed a Child Protection Platform, a solution embedded in its 24/7 cyber security operations. “In 2023, PLDT and Smart blocked more than 900,000 URLs and online content linked to OSEC, and about 2.1 million access attempts to these URLs,” reported PLDT and Smart Corporate Sustainability Office representative April Kagaoan. <<
MPTC and PLDT, Smart invest in child rights
Metro Pacific Tollways Corporation (“MPTC”) has been at the forefront of integrating child rights and road safety within its tollway operations.
This July, the company conducted a four-day training workshop on Child Rights and Business Principles, organized in partnership with UNICEF, the Ateneo Human Rights Center (“AHRC”) and with the participation of PLDT and Smart.
AHRC facilitated the training sessions that included comprehensive modules on the United Nations Convention on the Rights of the Child child labor, safe working environments for parents, and community impact assessments.
The workshop is also part of MPTC’s road safety efforts for children. In 2022, MPTC entered into a multi-year agreement with UNICEF to share resources and to build sustainable models for safe school zones and child road traffic injury reduction. <<
The Group’s green commitments
PLDT and Smart collaborate with schools, Makati Medical Center and Maynilad in environmental drives
PLDT and Smart have expanded their “Be Kind. Recycle.” campaign in the Philippines, further enabling the recycling of e-waste and promoting the circular economy. They are working with colleges and universities
with e-waste collections to drive responsible consumption among students and academic communities.
As of 27 September 2024, PLDT and Smart have activated e-waste
PLDT AND SMART JOIN MAYNILAD’S “PLANT FOR LIFE”
Since 2022, PLDT and Smart have been actively participating in Maynilad’s “Plant for Life” program. The flagship program was designed to address the pressing need for watershed rehabilitation. It aims to enhance the long-term sustainability of water supplies to the Philippines’ most populous city region.
The program, which has been instrumental in the reforestation and restoration of critical
“ THIS EFFORT ISN’T JUST ABOUT THE ACT OF PLANTING; IT’S ABOUT SAFEGUARDING A LIVEABLE WORLD FOR OUR CHILDREN AND GRANDCHILDREN. ”
Bulacan Zone’s Alan Franz Aguirre
collections in 13 schools, They are set to deploy more in over 11 campuses.
CAMPAIGNING WITH MAKATIMED
PLDT and Smart joined Makati Medical Center (“MakatiMed”) in its inaugural Environmental, Social and Governance (“ESG”) Week. The event marked a significant milestone in MakatiMed’s commitment to environmental stewardship, and brought together patients, medical staff and partners.
The highlight of the ESG Week was a series of sustainability webinars where PLDT and Smart shared the “Be Kind. Recycle.” campaign.
An e-waste collection bin was introduced during the Eco-Booth Day which promoted, gamified, and incentivized e-waste collection for participants. The promotion successfully collected over 500 kilos of e-waste, including old mobile phones, beepers and headphones. <<
watersheds, works to rehabilitate forestlands that are vital for the provision of raw water to millions of consumers in Metro Manila and nearby provinces. This year, PLDT and Smart supported Maynilad through its Bulacan Zone operation.
OVER 1.2 MILLION TREES
As of August 2024, annual activity has covered more than 1.2 million trees and mangroves in over 1,308 hectares of planting sites. Launched in 2007, Maynilad’s “Plant for Life” has enhanced the ecosystem of these watersheds while playing a crucial role in preventing soil erosion, thus securing the quality of water stored in supply dams.
The program supports the government’s Metropolitan Waterworks and Sewerage System’s “Annual Million Tree Challenge,” with an ambitious goal of planting ten million trees by 2030. <<
LIGHTING UP THE CHRISTMAS SPIRIT
This December will see the joyous return of a much-loved Christmas tradition for Filipino families and communities. Paskong Kapatid (Brotherly Christmas) celebrations will be back in-person, after a hiatus due to COVID-19.
The annual Christmas celebration is organized by the members of Tulong Kapatid, the consortium of foundations and companies under the First Pacific Group in the Philippines. This year, Tulong Kapatid is staging a grand Christmas concert themed “Merry Ang Vibes Ngayong Pasko” (Merry Vibes this Christmas) at Smart Araneta Coliseum in Quezon City. The concert will showcase the collective CSR efforts of the Group, highlighting the commitment to uplifting lives and spreading holiday joy.
A TRUE FILIPINO CHRISTMAS
The celebration brings together children from different communities and partner organizations,
with each Group company contributing to their beneficiaries. Children enjoy Christmas gifts, noche buena packs, parlor games, and entertainment, to enrich their experience of a Filipino Christmas. Performances by artists from the TV5 network will add sparkle to the night, making it an unforgettable celebration for all.
Beyond the Christmas event, partner foundations and companies under Tulong Kapatid will also contribute initiatives to further broaden the reach of the program, from educational support to healthcare services for the communities involved. <<
Amidst the challenges of the COVID-19 pandemic, the MVP Group continued its tradition of gift-giving, proving that the Christmas spirit and the Filipino value of “Bayanihan” remain alive despite difficult times.
Signaling the start of the holiday celebration, the Paskong Kapatid festivities kick off with a vibrant Christmas lighting ceremony at the Meralco compound.
The Group shares the spirit of Christmas with the Aeta community in Pampanga in 2019, providing them with holiday treats and joy.
Indofood is contributing to the rise of Indonesian football on the world stage. It has been the official sponsor of Indonesian football teams since 2015.
