Published July 22, 2021, 7:00 AM
The power investment unit of diversified conglomerate San Miguel Corporation (SMC) is taking steps into cementing a pathway that will pare the carbon footprints of its projects and business operations.
Alongside recent announcement that it will be dropping its previously blueprinted 1,500 megawatts of coal-fired plant developments, SMC Global Power Holdings Corporation (SMCGP) stated that it will also be aggressively pursuing tree planning activities as well as carbon capture initiatives.
The company said it already planted a total of 2.7 million seedlings and propagules (vegetative structure), as part of the reforestation program that it has been advancing so it can contribute to solutions of the world’s climate change dilemma.