On invitation of the European Chamber of Commerce of the Philippines (ECCP), ADFIAP, through its consulting group, participated in a Sustainability Workbench Forum on April 8, 2011 conducted by Mr. James Donovan, Group CEO of First Carbon Solutions, an industry leader in the collection, management and reporting of environmental data as well as a provider of end-to-end, outsourced carbon management solutions.
The event put forward the unique value proposition to both large companies and SMEs that environmental management optimization empowers them to connect sustainability programs to their bottom line. Switching processes and procurement to low-carbon emissions and ability to accurately measure and monitor all energy and utility use can cut energy consumption and reduce utility costs. It can also enable companies to comply with environmental laws and regulations, confidently report CSR/green initiatives to stakeholders, build sustainable brand value, and explore CDM market opportunities.
From the financial institutions’ viewpoint, the environmental management solutions is a risk management and monitoring tool for financing green initiatives as it promotes project sustainability leading to loan repayment.
ECCP, one of ADFIAP’s partners in the SWITCH-Asia’s SMART-Cebu project and also administering other sustainability projects, aims to create a common environmental management solutions platform to empower project beneficiaries to address growing regulatory, market and financing constraints and gain competitive edge in the global arena.
ADFIAP was represented in the forum by Ms. Corazon D. Conde, Head-ADFIAP Consulting and ADFIAP’s Program Manager for the SMART-Cebu project.