
Decarbonization
Our mission to forge collaborative pathways for a decarbonized drives us in setting our operations to achieve carbon neutrality. Through our BINHI Program, EDC effectively sequesters carbon, making us a net carbon negative organization. To date, we are working on accounting and verifying our surplus forest carbon which we can sell as credits in the future. Through BINHI, we have also maintained our geothermal reservoirs, thus making us active players in the country’s reforestation. In its restoration efforts on native tree species, BINHI follows a Sustainability Policy and field manuals, while for our Greenhouse Gas (GHG) measuring and monitoring, we integrated GHG Accounting Protocols into our operations.
In 2021, EDC successfully sequestered 1,739,824 tonnes of carbon, with a surplus of 707,425 tonnes of carbon, providing EDC an additional revenue stream. BINHI initiatives also engaged employees and communities to take part in regreening the nation.