AboitizPower is also advancing toward greener mobility with its Electric Vehicle Fleet Transformation Program, aiming to transition 40 percent of its fleet to electric vehicles by 2030. This initiative, which supports the Electric Vehicle Industry Development Act, aligns with the company’s vision of reducing its carbon footprint and promoting clean transportation across the country.
Sabin Aboitiz
As the Aboitiz Group embarks on its transformative journey, it continues to set benchmarks in the Philippine business landscape, aiming to become the country’s first techglomerate. In 2024, the Group’s unrelenting focus on innovation and sustainability has propelled it to new heights, allowing it to emerge as a trailblazer in several key industries, from energy to banking and infrastructure.
President and CEO Sabin Aboitiz has shared: “Our Great Transformation journey embodies our commitment to innovation, sustainability, and the synergistic power of our techglomerate ecosystem. We are not just evolving; we are building a legacy of excellence that will shape industries and communities in the digital age.”
At the heart of the Group's transformation is AboitizPower, which has become a leader in clean and reliable energy. With nearly thousands of megawatts of energy projects underway, the company is on track to meet its 2030 goal of generating 9,200 MW, with half sourced from renewable energy. New solar projects in Laoag and Pangasinan, along with the 17 MW Tiwi Binary Geothermal Power Plant in Albay, are poised to add clean energy to the national grid, pushing the Philippines closer to its sustainability targets.
AboitizPower is also advancing toward greener mobility with its Electric Vehicle Fleet Transformation Program, aiming to transition 40 percent of its fleet to electric vehicles by 2030. This initiative, which supports the Electric Vehicle Industry Development Act (EVIDA), aligns with the company’s vision of reducing its carbon footprint and promoting clean transportation across the country.
UnionBank’s AI-Driven Financial Future
UnionBank is another standout in the Aboitiz Group’s portfolio, pushing the envelope in digital banking. The bank has integrated Artificial Intelligence (AI) into its ecosystem, enhancing everything from ecosystem banking to fraud management and digital services. Through its participation in global forums like the Singapore Fintech Festival, UnionBank is showcasing how AI is reshaping the future of banking, offering smarter, more inclusive solutions to its customers.
The bank’s recent acquisition of Citi’s retail business further boosts its retail banking operations, with the launch of four new credit card offerings catering to diverse customer needs — from rewards and cashback to travel perks and luxury experiences.
Infrastructure Innovation with Aboitiz InfraCapital
Aboitiz InfraCapital (AIC) is leading the charge in smart and sustainable infrastructure, expanding its reach with a focus on economic estates, water solutions, and digital connectivity. The recent acquisition of 200 hectares in Tarlac City will expand its industrial footprint, fostering economic growth and job creation in the region. In the water sector, AIC’s subsidiaries are installing solar-powered water solutions that help mitigate carbon emissions and provide safe water access to underserved communities.
Meanwhile, Unity Digital Infrastructure is rapidly increasing its nationwide tower footprint, enhancing digital connectivity across the Philippines. AIC’s Mactan Cebu International Airport continues to experience a surge in passenger traffic and has garnered international acclaim, receiving awards for customer experience and sustainability.
Real Estate Innovation with Aboitiz Land
In the realm of real estate, Aboitiz Land’s developments reflect the Group’s commitment to sustainability and innovation. The Strides at LIMA, a new P2.5 billion residential project, introduces eco-friendly features like solar panels to reduce energy consumption. The company’s other projects, such as the award-winning Seafront Residences in Batangas, continue to set high standards for sustainable, community-focused developments.
Construction and Industrial Ventures
Aboitiz Construction, celebrating its 48th anniversary, continues to evolve, now venturing into industrial maintenance. The company’s recent projects include maintenance at GNPower Dinginin’s power plant and waterproofing work at Mactan Cebu International Airport. It is also expanding into light industries, with construction ventures for Monde Nissin and other notable clients.
A Legacy of Progress
Across all its sectors, the Aboitiz Group is creating a transformative legacy that blends innovation with sustainability. As the Philippines’ first techglomerate, it is well-positioned to shape the future of business and society, one groundbreaking initiative at a time. As the Group continues its journey into 2024, its focus on empowering communities, pioneering clean energy, and harnessing the power of technology ensures it will remain at the forefront of the country’s economic and technological evolution.
Housing is probably the biggest issue affecting people the world over.
Malacañang on Monday called for a more thorough investigation into the questioned flood control projects in Taguig…
The defense on Monday backed the move by senator-judges to exclude a prosecution witness who testified on the firearms…
