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Economic and Governance

OUR GOAL

CIC’s Environmental Stewardship

At CIC, our commitment to environmental sustainability is not just a pledge; it’s a measurable and ongoing journey toward a greener future. In this comprehensive report, we present a detailed overview of our environmental initiatives, backed by numerical data and the impactful projects that underscore our dedication to a sustainable world.

Carbon Footprint Reduction

Carbon Footprint Reduction
Achievement

At CIC, we recognize the critical role businesses play in addressing environmental challenges. As part of our commitment to environmental sustainability, we are dedicated to minimizing our ecological impact across all aspects of our operations. From reducing our carbon footprint to conserving resources, we prioritize environmentally responsible practices.

2023 Achievements

80%

Consumption on Renewable Energy Resources

75%

Average Energy Efficiency

20%

Reduction in our carbon emissions

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Ongoing Projects

At CIC, we recognize the critical role businesses play in addressing environmental challenges. As part of our commitment to environmental sustainability, we are dedicated to minimizing our ecological impact across all aspects of our operations. From reducing our carbon footprint to conserving resources, we prioritize environmentally responsible practices.

Smart Building Initiative

Implementing advanced energy management systems across our facilities to further optimize energy consumption and reduce carbon emissions.

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Investment in Renewable Sources

Implementing advanced energy management systems across our facilities to further optimize energy consumption and reduce carbon emissions.

Sustainable Infrastructure

Step inside any CIC facility, and you’ll witness our dedication to sustainable infrastructure. We prioritize eco-friendly design, implement energy-efficient systems, and utilize recycled materials in construction. Our offices are not just workplaces; they are showcases of sustainable design principles in action.

Office spaces are now certified as green buildings
Decrease in overall waste generation

All data are as of 2023

Circular Economy Initiatives

CIC is actively engaged in comprehensive waste reduction programs, striving to minimize waste generation and promote a circular economy. Through recycling initiatives, responsible waste disposal practices, and a commitment to reducing single-use plastics, we’re working towards a future where waste is minimized, and resources are conserved.

1.
Single-Use Plastic Reduction

Our efforts to reduce single-use plastics have resulted in a [Percentage]% decrease in plastic waste across our offices, with initiatives like [Project Name] leading the way. Adipiscing lorem amet facilisis quis orci nibh. Erat ornare sed sit ornare risus. Aliquam morbi risus et posuere risus tincidunt tincidunt nibh a. Amet risus condimentum tellus aliquet turpis elementum tristique dui. Ultricies faucibus nisl magna nunc ac gravida id enim etiam. Pellentesque tempus congue libero pellentesque vulputate commodo ultricies. Arcu congue leo cras posuere egestas lectus pharetra lorem. A quam nec diam habitant. Sapien posuere ornare facilisis mi aliquet ullamcorper nisl. Aliquet tincidunt facilisis convallis convallis bibendum ornare.

Join the Movement
2.
Material Recycling Metrics

We’ve successfully diverted [Percentage]% of our waste from landfills through efficient recycling programs, including [Materials], contributing to a more circular economy.

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CIC is not just reducing our carbon footprint but actively redefining our impact on the planet.

Through a holistic approach to environmental sustainability, CIC is not just reducing our carbon footprint but actively redefining our impact on the planet. We believe that by prioritizing eco-friendly practices, we can create a more resilient and sustainable future for generations to come.

Raul Joseph Concepcion, Chairman & CEO
Sustainable Supply Chain

CIC is actively engaged in comprehensive waste reduction programs, striving to minimize waste generation and promote a circular economy. Through recycling initiatives, responsible waste disposal practices, and a commitment to reducing single-use plastics, we’re working towards a future where waste is minimized, and resources are conserved.

Monthly Waste Diversion Progress

In this graph, each bar represents the monthly data for recycling & composting of waste from landfills.

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743
Rescued Birds
1,290
Pawikan Hatchlings Released
18
Rescued Elephants
126
Insects Species Found
Transparency and Accountability

Preserving biodiversity is integral to a sustainable planet. CIC is actively engaged in projects and partnerships aimed at protecting local ecosystems and supporting global initiatives for wildlife conservation. Our goal is not just to minimize our negative impact but to actively contribute to the restoration and preservation of our planet’s diverse ecosystems.

  • -61.9
  • +109.0
  • +2.3
  • +19.6
Environmental Performance

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Our Green Footprint

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13,980

Mangroves Planted

12,390

Narras Planted

771.85 m³

of water consumed

120

Rescued Pawikans

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Audit and Risk Oversight Committee
Audit and Risk Oversight Committee
Luis Y. Benitez, Jr.* Independent Director

2022 Committee Meetings 
(Attended/Held)

N/A

Office

Committee ChairmanCommittee Chairman

Cesar A. Buenaventura Independent Director

2022 Committee Meetings 
(Attended/Held)

4/4

Office

Committee Member

Raissa C. Hechanova-Posadas Director

2022 Committee Meetings 
(Attended/Held)

4/4

Office

Committee Member

Ma. Victoria Herminia C. Young Director

2022 Committee Meetings 
(Attended/Held)

3/4

Office

Committee Member

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CIC is not just reducing our carbon footprint but actively redefining our impact on the planet.

Through a holistic approach to environmental sustainability, CIC is not just reducing our carbon footprint but actively redefining our impact on the planet. We believe that by prioritizing eco-friendly practices, we can create a more resilient and sustainable future for generations to come.

Raul Joseph Concepcion, Chairman & CEO
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