Sustainability > Sustainability Framework
Sustainability Framework
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For information on the Revised Concession Agreement click here.
Decarbonization Roadmap
At Maynilad we also intend to reduce our reliance on fossil fuels. As such we are decarbonizing our operations and developing efficiencies to reduce our energy usage. Not only does this have a positive impact on our environment and society, but we are also building a more resilient and sustainable Maynilad. As part of our ambitions, we have developed a Climate Neutrality plan.
With four Climate Neutrality Targets under the plan, we aim to reach net zero scope 1 and 2 emissions by 2037. We aim to do this by investing in more solar power generation and entering into renewables PPAs to increase our usage of renewables. We will further expand our fleet to ensure 50% are electric vehicles. As we continue to reduce our impact on the environment, we will also implement nature-based solutions to reduce carbon from the atmosphere by continuing our work around reforestation and developing a carbon sink.
Reduction of Non-Revenue Water (NRW)