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Net Zero Carbon Alliance Conference: Seeing net zero through Philippine lens

There should be no doubt that climate change is real – in fact, over 97% of climate scientists agree. And as it stands, one of the major causes of this harmful phenomenon are burning fossil fuels such as coal, oil, and gas. The Philippines alone has emitted approximately 146.5 million tons of carbon dioxide from […]

Road to Net Zero

THE pursuit of Net Zero journeys must be executed in crucial phases to achieve the goal of zero greenhouse gases (GHG) emission by as early as 2050, according to the latest climate change synthesis report of the United Nations’ Intergovernmental Panel on Climate Change. Net Zero refers to the balance between the amount of GHG […]

First Balfour welcomes guests from NZCA

Representatives from the members of the Net Zero Carbon Alliance (NZCA) gathered at the First Balfour headquarters in Parañaque City for NZCA’s general assembly last Wednesday, May 31. The event was the group’s second in-person gathering for the year following its first quarter assembly hosted by Unilever Philippines in its office in Taguig City. Opening the event […]

Guiding PH companies to achieve carbon neutrality by 2050

Every business has a responsibility in climate change mitigation. Carbon neutrality, acquiring an equilibrium between emitting carbon and absorbing carbon from the atmosphere, is deemed as a beneficial approach. In the Philippines, Energy Development Corporation (EDC) strives to ensure that it absorbs more carbon than its entire operation emits. This is attributable to its renewable […]

CEMEX Philippines reaches milestone in CO2 reduction

CEMEX Philippines (CHP) achieved a 50% reduction in CO2 emissions generated by its two cement subsidiaries, Solid Cement Corporation and APO Cement Corporation, from 1990-2022. Based on public declarations, this is the highest CO2 emissions reduction in the industry, establishing CEMEX’s commitment to decarbonizing its operations through its Future in Action program. From 2020 to […]