| CAPITAL | ACTIVITIES | OUTPUTS | VALUE CREATED | CONTRIBUTION TO THE SDGS | RISKS |
|---|---|---|---|---|---|
Manufactured  | • Enterprise Risk Management • Equipment Upgrades and Maintenance • Control System Integration • Planned Maintenance Shutdowns • Natural Catastrophe Resiliency Program • Asset Management Program • Typhoon-proofing of facilities • Digital weather forecast and seismic sensors • Well services and monitoring | • High Reliability and
Availability of Steam Fields
and Power Plants • Improved Resilience of Assets to Climate Change and Geohazards • Total Steam Delivered: 72.64 million metric tonnes • Completed Construction of Geohazard/Landslide Mitigation Measures • Completed Forest Fire Control Measures • Completed Earthquake Resilience Measures • Completed Other Enablers (Weather, slope, earthquake, data) • NatCat Site Technical Teams | • Improved Equipment Reliability • Climate Change and Natural Catastrophe Resiliency • Improved safety and prevented prolonged outages due to natural catastrophe • Sustained generation of EDC’s existing geothermal fields • Geothermal resource management • Expanded the business, exploration, and development locally and internationally • Technical Due Diligence • Technologies that will add revenue or improve efficiency to generate power |   | • Project execution • Equipment durability and • reliability • Geothermal capacity • Climate change impacts • Forced outages • Other natural calamities (e.g., earthquakes) |
| CAPITAL | ACTIVITIES | OUTPUTS | VALUE CREATED | CONTRIBUTION TO THE SDGS | RISKS |
|---|---|---|---|---|---|
Human  | • Integrated Management System
Quality, Environmental and Safety
Management Systems • Continuous Improvement Program • Asset Management • Natural Catastrophe Risk Management • DrillApp • Project Radon Tempo • Program Intensity • Geophysics • Alternative Technologies (3D modeling, Online/Offline Dissolution) | • Highly engaged and resilient
workforce • Holistic employee development • Increased productivity • Zero grievances and resolved employee discipline cases • Zero man-hours lost due to industrial dispute • Change management and communication programs • Data-driven decisions • Digitization of HR operations | • Employee Satisfaction and highly
engaged workforce • Enhanced employee experience • Industrial harmony • Future-fit organization • Professional talent pool • Seamless execution of HRSS processes • On-time delivery of HR Services |    | • Optimizing talent
development for leadership
pipeline • Workforce competency • Internal governance competency • Compliance with Data Privacy Act • Health and safety • Climate change impacts |
| CAPITAL | ACTIVITIES | OUTPUTS | VALUE CREATED | CONTRIBUTION TO THE SDGS | RISKS |
|---|---|---|---|---|---|
Intellectual  | • Integrated Management System
Quality, Environmental and Safety
Management Systems • Continuous Improvement Program • Asset Management • Natural Catastrophe Risk Management • DrillApp • Project Radon Tempo • Program Intensity • Geophysics • Alternative Technologies (3D modeling, Online/Offline Dissolution) | • Enhanced Process
Improvement, Reduced risks • Improved culture and behavior • Additional revenue and cost savings • Critical Asset Risk Register, LifeTime Asset Plan, Asset Investment Plan • Digital technology for smart exploration, development, and utilization • Sustainable steam and brine supply • Additional revenue from smaller power consumers | • Integrated EDC systems and processes • Advanced resource and steamfield management • Optimum and sustainable management of EDC assets • Optimized well design | | • Asset owner governance
inaccuracy • Data and resources projection • Climate change impacts |
| CAPITAL | ACTIVITIES | OUTPUTS | VALUE CREATED | CONTRIBUTION TO THE SDGS | RISKS |
|---|---|---|---|---|---|
Natural  | • Brine Optimization Power Plants • Reduction of Carbon Emissions • BINHI Program • Forest Carbon • GHG Accounting • Watershed Management • Climate Forecasting • Partnerships for recycling and repurposing • Flagship Species Initiative (FSI) | • Carbon avoided and
sequestered • Sustainable water withdrawal • Climate resilient facilities • Forest management • Biodiversity conservation • Minimized waste disposal to landfill • Minimized wastewater discharge • Native tree species planted and upgraded conservation status | • Decarbonization • Adaptation of facilities to climate change • Appropriate generation projection provided to lenders • Contribution to Circular Economy • Healthy watersheds • No net forest loss |     | • Competency development
of teams • Transmitters and support for the communication infrastructure • Climate change impacts |
| CAPITAL | ACTIVITIES | OUTPUTS | VALUE CREATED | CONTRIBUTION TO THE SDGS | RISKS |
|---|---|---|---|---|---|
Financial  | • Equity Capital • Debt and Grants • Internally Generated Funds • Enterprise Asset Management • Portfolio Organization | • Contracted capacity • Revenue growth • Income and cash flow generated • Steamfield and power plant assets under construction • Natcat resiliency improvements • Critical spares inventory • PHP 42.4 B revenue • PHP 8.67 B RNIA • Lower carbon footprint for our customers | • Direct value distributed • Internally-generated Funds • Dividends to shareholders • Debt service to creditors |  | • Mismatch in contracting
cycles • Volatility of interest and foreign exchange rates • Fund sourcing • Climate change impacts |
Empowering communities with pandemic response donations and testing laboratories For EDC, being regenerative is all about elevating everything we touch – from our employees, our customers, suppliers, contractors, environment, and communities, as well as our shareholders. As part of the
EDC COVID-19 Response: Leading with Strategy and Empathy Two years into the COVID-19 pandemic, we went from adapting to the mandated changes to crafting a future-proof work environment. One that puts the safety of our people and customers first through
Our Integrated Report tells the story of our efforts to achieve our business objectives, hand-in-hand with our sustainability aspirations.
Please let us know what you think of EDC’s 2021 Integrated Report.
Head Office: 6th Floor, Rockwell Business Center Tower 3, Ortigas Avenue, Pasig City, 1604, Philippines
Phone: (+632) 8667.EDC (8667-7332) | (+632) 7752.2332
Email: [email protected]
• Connecting with customers through integrated and engaging social media campaigns
• Offer value added services (VAS) for customers
• Strategic Corporate Shared Value Framework
• Community Relations and Engagement
• Strategic Direct and Indirect Social Investments
• Local Needs Assessment
• Livelihood and Social Enterprise Development
• Scholarship Support and Job Placement
• No business interruptions from social and community grievances
• Strategic partnership and advocacy in mainstreaming 96 Philippine native trees
• Social enterprise projects
• Active participation in community development
• VAS offers delivered
• Improved relationships with key stakeholders
• EDC as corporate model of sustainability and pioneer in regeneration
• Business continuity • Customer retention/ recontracting
• Improved Social License to Operate
• Improved Quality of Life of Host and Partner Communities
• Income and Food Security amidst the Pandemic
• Local development and resilience challenges
• Climate change impacts