Ajinomoto Philippines switches to 100% Renewable Energy with ACEN RES of the Ayala Group

12 March 2024 – Ajinomoto Philippines Corporation (APC), the Philippine arm of the Ajinomoto Group of Japan, partners with ACEN Renewable Energy Solutions (ACEN RES), the retail electricity unit of ACEN Corporation, to transition its manufacturing facility in Bulacan to 100% renewable energy.

This landmark partnership marks a significant step towards Ajinomoto Philippines’ sustainability goals and underscores ACEN’s commitment to providing renewable energy solutions to businesses committed to sustainable development goals, especially in the reduction of carbon emissions to stem climate change.

“Ajinomoto Philippines is committed to environmental responsibility and achieving sustainable growth. Our switch to renewable energy supply through ACEN RES is a significant step towards this goal,” said Koichi Osaki, President, Ajinomoto Philippines Corporation. “We relentlessly foster partnerships with organizations that share the same advocacy and goal, because we believe that by combining our efforts, we are closer to co-creating a greener and more sustainable Philippine society.”

“We are delighted to welcome Ajinomoto Philippines as a partner in our mission to accelerate the Philippines’ transition to a renewable energy future,” said Tony Valdez, Senior Vice President of ACEN Corporation. “Ajinomoto stands for ‘eat well, live well’. We may now add ‘live long’ as it is one of the leading brands responding to consumer clamor that businesses do good for the planet, to help preserve it for the coming generations.

“A recent survey of Filipino consumers by Synergy Market Research and YouGov revealed that 71% of consumers will prefer brands that are sustainable. So it is in the enlightened self-interest of businesses to align themselves with the values of consumers.” Valdez added.

The partnership was made possible through the Retail Competition and Open Access (RCOA) program, a government initiative that empowers businesses with a minimum monthly demand of 500 kilowatts to choose their electricity supplier.

ABOUT AJINOMOTO
The Ajinomoto Group is a global company with specialties in the business of food and amino acids, guided by our leading-edge bioscience and fine chemical technologies.

Based on the corporate message “Eat Well, Live Well.”, we have been scientifically pursuing the possibilities of amino acids in supporting the healthy lives of people all around the world. We aim for future growth and continuous contribution to greater wellness by creating value through sustainable and innovative solutions for communities and society.

The Ajinomoto Group has offices in 36 countries and regions, and sells products in more than 130 countries and regions. In fiscal 2021, sales were 1.1149 trillion yen (8.73 billion U.S. dollars).

ABOUT ACEN
ACEN RES is the retail unit of ACEN Corporation, the listed energy platform of the Ayala group.

The company has 4,800 MW of attributable capacity from owned facilities in the Philippines, Australia, Vietnam, Indonesia, and India, with a renewable share of 99%, which is among the highest in the region. ACEN aspires to be the largest listed renewables platform in Southeast Asia, with a goal of reaching 20 GW of renewables capacity by 2030. ACEN is committed to transitioning the company’s generation portfolio to 100% renewable energy by 2025 and to become a Net Zero greenhouse gas emissions company by 2050.

ACEN Renewable Energy Solutions (ACEN RES) is the supply retail electricity unit of the Ayala Group. It is a licensed retail electricity supplier and renewable energy solutions provider powering businesses and industries through the Retail Competition and Open Access (RCOA) and the Green Energy Option Program (GEOP).

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