EDC 2014 SR (UPDATED)

EDC 2014 Performance Report
EDC conducts a third-party perception
survey every two years to determine
the communities’ appreciation and
willingness to support EDC as a
company, its geothermal project, and
its CSR programs. The latest survey,
done in 2012, covered 10% or 2,112
households in our host communities.
Our social acceptability index is at an
all-time high of 95% for appreciation
and 94% for willingness to support
EDC’s projects and programs, versus
the 80% standard for high-acceptance
rating.
In 2014, EDC and FG Hydro spent
a total of ₱151.3 million in CSR
investments to benefit 63,487
individuals and 151 groups from 44
barangays across the five geothermal
sites, one hydro, and one wind project
site. This went to regular programs
under HELEn and the emergency
response and relief, and the Mount
Apo Foundation, Inc.
Briefly, HELEn covers: Health programs
to improve the capacity of barangay
health centers in providing quality
medical care in their communities;
Education programs to increase
access to basic quality education
for the youth toward increasing
opportunities for future employment;
Livelihood programs to instill the spirit
of enterprise in the 44 communities;
and Environment programs to engage
forest communities and contribute
to the mitigation of climate change
in these vulnerable communities.
Ultimately, HELEn works toward
empowering marginalized sectors
and creating a long-term solution to
the grinding poverty that is especially
present in rural areas.
We also spent ₱5.2 million last
year in public infrastructure and
road development in the different
communities hosting our project
sites. These include the improvement
of three barangay health centers in
Sorsogon City and Manito; the repair
of 42 public schools in Sorsogon,
Albay, Leyte, and Negros Oriental; the
rehabilitation of access roads in Leyte;
the repair of street lights and water
works in Valencia, Negros Oriental;
the installation of water systems and
sanitation facilities in nine barangays
in Sorsogon and Albay, and 32 public
schools in Pasuquin, Burgos, and
EDC’s 2014 CSR investments
(in ₱ million)
44
This page contains the following GRI indicator(s):
G4-EC7, G4-EC8.