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Aboitiz Group extends immediate aid to families affected by Lapu-Lapu fire

Aboitiz aid to families affected by Lapu-Lapu fire
The Aboitiz Group turned over 1500 bags of initial relief supplies to the local government of Lapu-Lapu City on Dec. 14, 2023.

Aboitiz Foundation Inc., the corporate social responsibility arm of the Aboitiz Group, is providing urgent assistance to the families affected by the fire outbreak in Barangay Pusok, Lapu-Lapu City, Cebu last December 12.

Over 1,000 displaced families affected by the Lapu-Lapu fire received immediate aid from the Aboitiz Group namely Mactan Cebu International Airport, Mactan Economic Zone 2 Estate, AboitizPower’s Therma Visayas, East Asia Utilities Corporation, Visayan Electric, and Aboitiz Foundation. Ongoing support efforts are set to continue.

Aboitiz aid to families affected by Lapu-Lapu fire
Affected residents of Barangay Pusok lined up to receive aid and supplies from local authorities and the Aboitiz Group.

The Aboitiz Group has also pledged to collaborate and coordinate with the Lapu-Lapu City local government and on-ground institutions to provide continuous support to affected households in Barangay Pusok, guiding them through relief efforts, rehabilitation programs, and the overall recovery process following this devastating tragedy.

“In the face of adversity, the Aboitiz Group remains committed to uplift and support our communities. This incident is a poignant reminder of our responsibility towards each other. We are deeply moved by the resilience of the affected families and are fully dedicated to not just providing immediate assistance, but also to being a part of their journey towards recovery and rebuilding,” Aboitiz Group’s First Vice President and Chief Reputation and Sustainability Officer Ginggay Hontiveros-Malvar said.

The Aboitiz Group, through the Aboitiz Foundation Inc., has been actively involved in implementing comprehensive programs focused on disaster preparedness, relief efforts, and rehabilitation initiatives.

About Aboitiz Equity Ventures

Aboitiz Equity Ventures, Inc. (AEV) is the portfolio management company of the Aboitiz Group, leading investments in power, banking and financial services, food, infrastructure, land, and cutting-edge fields like data science and artificial intelligence. With a remarkable legacy spanning five generations, the Aboitiz Group is committed to driving change for a better world. The Group is undergoing its Great Transformation to establish itself as the Philippines’ pioneering techglomerate. This innovative growth strategy, powered by technology and a renewed entrepreneurial mindset, empowers us to advance businesses and uplift communities.

AEV is renowned as one of the best-managed companies in the Philippines and the region, consistently recognized for our unwavering dedication to good corporate governance and corporate social responsibility (CSR) through the Aboitiz Foundation.

As proud members of influential organizations such as the APEC Business Advisory Council, Private Sector Advisory Council to the Philippine government, Global Compact Network Philippines Board of Trustees, and the Global Council for Inclusive Capitalism, we actively champion sustainability initiatives both domestically and globally. Aligned with the United Nations Global Compact (UNGC), we drive policies, advocacies, and initiatives to make a lasting impact. Our transformative #OneNEWAboitiz Sustainability Framework aims to enhance sustainable practices in our life-essential businesses, fostering a positive impact on the environment and society.

To learn more about our journey to becoming the Philippines’ first techglomerate, visit our website: https://aboitiz.com/.

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