Author: franco.integratedreportedc

EDC launches micro-learning sessions on enterprise risk management and business continuity To promote risk awareness and facilitate the strategic risk review at the leadership level in EDC, the Risk  Management Department conducted the following activities:      Enterprise Risk Management (ERM)  Microlearning Session: A 1.5-hour  microlearning session on ERM was conducted  with EDC’s Management Committee. The … Continue reading EDC launches micro-learning sessions on enterprise risk management and business continuity

Futuristic Innovation In enhancing its Intellectual Capital, EDC is focused  on integrating a Company-wide IMS certification,  along with sustained engagement and participation  from all employees. We are also gearing our  initiatives toward best-in-class geothermal resource  development and management through the effective  use of data and technology, coupled with industry  best practices in asset management.   We established… Continue reading Futuristic Innovation

Inherent Risks Management and Opportunities EDC encounters organizational system risks such  as asset owner governance inaccuracy, which can  lead to concerns in data and resources projection.  To address this, we promoted the importance  of accountability and collaboration across the  organization and implemented definitive work  plans per facility. Encouraging ownership amongst  our people enhanced our resource… Continue reading Inherent Risks Management and Opportunities

Strategies, Governance, and Performance With the integration of IMS, EDC elevated its  organizational processes and systems, reduced  risks, and generated additional revenue and cost  savings. It also empowered its people through  enhanced initiatives on employee engagement,  welfare and development, which improved culture  and behavior. For our customers, this translated to a  continuous delivery of excellent… Continue reading Strategies, Governance, and Performance

Foundational System Innovations EDC introduced various innovations within its  systems to improve operational efficiency and asset  management. These include organizational systems,  procedures, and protocols such as the integration  of the ISO requirements on Integrated Management  System: Quality Management System (ISO  9001:2015), Environmental Management System  (ISO 14001:2015), and Occupational Health and  Safety Management System (ISO 45001:2018).… Continue reading Foundational System Innovations

Capability for predicting reservoir performance EDC has developed an internal capability for  predicting reservoir behavior. An example of this  predictive capability is the Leyte Sweetspot study  which was based on a risk analysis approach to  determine the level of generation to be maintained  for the field in the next 10 years, given the long  production… Continue reading Capability for predicting reservoir performance