EDC Integrated
Report 2022

Natural Capital

Our financial capital refers to the funds and investments used to sustain and expand operations. As a leading geothermal energy producer in the Philippines, EDC’s financial capital is critical for funding geothermal projects and maintaining its market position. The financial capital is interdependent with other capitals, including human, natural, and social capital. For instance, investing in employee training can boost operational efficiency and increase cost savings, leading to financial growth. Effective natural resource management can enhance the company’s reputation and social license to operate, contributing to financial success. Thus, EDC’s financial capital is best understood within the context of the broader strategy and management of all its capitals.

Contribution to SGDs


  • Brine Optimization Power Plants
  • Reduction of Carbon Emissions
  • Water withdrawal monitoring
  • BINHI Program
  • Forest Carbon
  • GHG Accounting
  • Watershed Management
  • Climate Forecasting
  • Partnerships for recycling and repurposing
  • Upgrade of Fluid Collection and Reinjection System (FCRS)
  • Flagship Species Initiative (FSI)
  • Outputs

  • 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
  • Value Created

  • Decarbonization- Adaptation of facilities to climate change
  • Appropriate generation projection provided to lenders
  • Contribution to Circular Economy
  • Healthy watersheds
  • Sustainable water
  • No net forest loss
  • Sustainable forest habitat
  • Risks

  • Competency development of teams
  • Transmitters and support for the communication infrastructure
  • Climate change impacts
  • No carbon required : A Day in the Life of an Environmental Management Leader

    My day typically starts with a busy morning. I prepare breakfast while my daughter gets ready for school. I then take my dog for a walk and bike before dropping my daughter off at school. Once I return to my workstation at home, I check the weather at all our sites and inform the personnel in our facilities of any red flags. 


    When I first joined EDC, I saw how serious they were about protecting the environment, which was essential to me. Over the years, I have seen improvements in the culture, people become more agile, and more accommodating to new ideas. We are now more collaborative and engaging, and innovations are highly encouraged. We have shifted our focus towards doing more work in the background, such as audits and special projects.


    I started in EDC as an Air Quality Specialist in 2011 wherein I initially focused on complying with DENR regulations. However, I and the rest of the environmental management team have evolved to think beyond compliance and have shifted our focus toward sustainability and regeneration.


    I love being on fieldwork or on our geothermal sites because the environment is refreshing and relaxing, a great way to recharge. When it comes to my personal life, as a family, we also try to change our scenery occasionally and escape the hustle and bustle of the city.


    For me, being regenerative means being a good citizen of this planet and taking care of the environment. We do our part at home by being mindful of the products we buy and use, minimizing our electricity consumption, and even composting our soil. We inspire others to do the same, and I often volunteer for talks to encourage others to make small changes that can have a significant impact.


    I feel blessed to be a part of EDC, a company that shares my values and commitment to protecting the environment. It’s important to me to be a good human and take care of the community and the environment, and I plan to continue doing so for years to come.

    - Paulo Gooco, Environmental Management Lead, Environmental Management Department




    Forestlands protected

    34,744 hectares

    127,608 hectares

    127,608 hectares

    Critically endangered Philippine native tree species successfully propagated and mainstreamed




    Partners in saving Philippine




    Invested in BINHI initiatives

    PHP 16.6 million

    PHP 25.7 million

    PHP 31.6 million