Aboitiz, PBSP partner in forest reserve rehabilitation
we will continue to do our part to uplift and bring focus on environmentally and socially impactful initiatives for all our stakeholders.
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Daily Tribunewe will continue to do our part to uplift and bring focus on environmentally and socially impactful initiatives for all our stakeholders.
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The Aboitiz Group has renewed its partnership with the Philippine Business for Social Progress in support of Cebu A-Park's reformation of the 150-hectare Buhisan Watershed Forest Reserve with the Central Cebu Protected Landscape.
Cebu A-Park is focused on rehabilitating and enriching the forest cover of the Buhisan Watershed Forest Reserve, in support of the Department of Environment and Natural Resources' Enhanced National Greening Program.
"This project is yet another crucial step towards ensuring continuity in making a positive impact on our national development," Aboitiz Equity Ventures First Vice President and Chief Reputation and Sustainability Officer Ginggay Hontiveros said in a statement.
"Our Group's contribution is part of our commitment to co-create safe, empowered, and sustainable communities. Sustainability is a major part of our Great Transformation to become the Philippines' first techglomerate, and we will continue to do our part to uplift and bring focus on environmentally and socially impactful initiatives for all our stakeholders," Hontiveros added.
The partnership renewal signing was held at the office of Visayan Electric in Cebu.
In 2019, during the first year of the partnership, nearly 600 Aboitiz team members showed up to volunteer at the Aboitiz Group company-wide tree planting. Additionally, 100 families from the community were mobilized in the plantation establishment and maintenance activities.
Throughout the year, over 50,000 seedlings of native and fruit-bearing trees were planted across 30 hectares.
The ongoing partnership between the Aboitiz Group and PBSP under the Cebu A-Park program will see the continued planting and maintenance of the protected forest to address the threats of the impending water crisis in Metro Cebu.
The planned five-year program will not only focus on rehabilitation but will also enable the families in the community to have access to a sustainable livelihood.
