December 2018 was one of those moments in life when the personal and professional sense of fulfilment are in perfect sync, the inauguration ceremony of a 2.5MW solar photovoltaic plant in Batangas, Philippines.
Climate change is a global issue we need to tackle to leave a better world for future generations and limiting global warming to 1.5°C will require extreme changes. Renewable energy will need to supply 70% to 85% of Electricity by 2050 to avoid worst impacts of climate change according to a recent report from the United Nations’ Intergovernmental Panel on Climate Change (IPCC). Sunlight has by far the highest theoretical potential of the earth’s renewable energy sources (US DOE) and corporations have the responsibility to promote it further by sourcing green electricity to encourage developers to invest in renewable power plants and by investing in on-site renewable plants.
Progressive game-changing developments of this nature, should be recognized and celebrated as we did doing today with presence of more than 100 people from employees, public media, authorities, senior management to suppliers in order for others to follow.
The 2.5 megawatt solar power plant is the largest in PMI, more than doubling the whole of PMI’s current solar power production and will avoid more than 2,000 tons of carbon emissions annually equivalent to the emission of a Boeing 747, flying 60 trips from Manila to Hong Kong each year. Locally, I was told, is the biggest ground-mounted own-use project of its kind in the Philippines.
The plant is the result of management`s commitment to sustainability, a full carbon reduction strategy and a close collaboration between local and central functions. The process started by creating a central governance for renewable investment were we scouted projects in our factories and prioritized using a Marginal Abatement Cost Curve tool based on carbon emission reduction.
Then we developed a standard documentation to be used in any solar photovoltaic tender to make sure that the highest performance, reliable technology and supplier was chosen and finally thanks to a close work with the local supplier spectrum the plant was delivered in a record time.
And this is just starting, more solar, biomass, carbon capture or waste to energy plants are on the radar because is the right thing to do and because employees, investors, suppliers and consumers are expecting it from responsible companies.
Our generation has still 12 years to avoid the catastrophe and every single contribution counts. Ask yourself, what else can you do?