During a spotlight interview in the Economist Impact Sustainability Week Asia in Bangkok, ACEN CEO Eric Francia underscored the need to stay the course despite global policy headwinds and establish frameworks such as transition credits with an ecosystem approach to accelerate climate action. “While there is quite a bit of headwind sentiment against sustainability, I…
What if we were the generation that transformed our energy future? In collaboration with DNV, ACEN presents a powerful vision of what’s possible when we choose renewables over fossil fuels. This 6-minute film isn’t fiction—it’s a glimpse of a future we can create today with existing solutions. The energy transition needs all of us. The…
10 February 2025 – ACEN has achieved Leadership level and an A− rating for its climate actions from CDP, the global non-profit that assesses corporate environmental transparency and performance in climate change, deforestation and water security. This marks an improvement from ACEN’s previous B rating, underscoring the company’s continued commitment to climate action and transparency. To attain Leadership status, companies must demonstrate best practices in…
New York, USA, 26 September 2024 – ACEN, the Ayala group’s listed energy platform, joined this year’s Climate Week NYC, the biggest annual climate event of its kind, with leaders from the world of business, tech, politics, academia and civil society. The company’s participation reinforces its pioneering role in the coal-to-clean energy transition through the…
By Eric Francia, ACEN president and CEO With a global climate crisis increasingly threatening human security, we must accelerate the shift towards clean energy technologies and phase out of the use of coal in electricity generation, second only to oil in the global energy mix. Yet continued high use of the fossil fuel jeopardizes global…
Manila, the Philippines, 16 August 2024 – ACEN, GenZero and Keppel Ltd. (Keppel) have signed a Memorandum of Understanding (MOU) to jointly explore the origination and utilisation of Transition Credits (TCs) to accelerate the retirement of the South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant (CFPP) in Batangas, the Philippines, and replace it with…
New analysis led by RMI assesses the climate impact of closing a Philippines coal plant 10 years early and replacing it with renewable energy, via the Coal to Clean Crediting Initiative (CCCI) SINGAPORE | 17 April 2024 — ACEN Corporation and The Rockefeller Foundation announced today that the first Coal to Clean Credit Initiative (CCCI)…
At the #COP28 Presidency main event, ACEN CEO Eric Francia emphasized the need to accelerate the retirement of coal plants and to deliver this in a just and responsible manner.
“The Energy Transition Mechanism can be done in a market-based, driven by the private sector – so that we can move faster,” he said.
The esteemed panel joined him on stage: Ravi Menon, Monetary Authority of Singapore managing director, F. Cleo Kawawaki, Asian Development Bank principal director, and Darmawan Prasodjo, PLN CEO and Elizabeth Yee, Rockefeller Foundation EVP-Programs as moderator
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