Meralco, BAP advocate for energy efficiency and sustainability

(SUSTAINABLE ENERGY SOLUTIONS FOR FINANCIAL INSTITUTIONS. Meralco and the Bankers Association of the Philippines jointly organized a forum for financial institutions to advocate sustainable energy solutions. Seen in photo are (top from left) BAP Data Exchange
Inc. Managing Director Cesar C. Santos, MSERV Account Executive John Pocholo Pabilona, Meralco Enterprise Relationship Manager Allan Christoper Anson, Meralco Energy Services Engineer John Louie Constantino, Meralco Enterprise Relationship Manager Daniel Tajora, MSpectrum Account Executive Ronwell David, Meralco Energy Services Engineer Pocholo Bolado, Meralco Lead, EC&C Technical Services Elefren Antonio, BAP Associate Director Arnel Almaden, (bottom from L-R) Meralco Enterprise Relationship Manager Valerie Ongtengco, and Meralco Enterprise Industry Lead for Hospitality and Financial Institution Bezie Mae Mina.)

The Manila Electric Company (Meralco) and the Bankers Association of the Philippines (BAP) have teamed up
in advocating the adoption of energy efficiency in the banking sector.

In a Power Up forum recently organized by Meralco and BAP, BAP Managing Director Benjamin P. Castillo
emphasized the importance of introducing sustainable energy practices in banks’ day-to-day operations.
“As is generally known, electricity is a substantial operational expense for banks, particularly those with big branch networks and data centers. Managing energy expenses correctly can enhance profitability and
competitiveness and implementing energy-efficient techniques can drastically cut operational costs for banks,” Castillo said.

The forum, which aims to empower the banking industry, was attended by facility and property managers and
sustainability officers of 11 banks including Rizal Commercial Banking Corporation, Philippine National Bank, Metrobank, PBCom, among others.

Discussions centered on sustainable business particularly on how financial institutions can achieve their sustainability goals through efficient management of power.

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