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Manila Bulletin devider Business devider Cemex, Manila Water collaborate on sustainable practices

Cemex, Manila Water collaborate on sustainable practices

Published Jan 17, 2023 02:54 pm

Cemex, Manila Water collaborate on sustainable practices

By JAMES A. LOYOLA

CEMEX Holdings Philippines, Inc. (CHP) and Manila Water Company, Inc. (Manila Water) have signed a Memorandum of Understanding (MOU) to collaborate on sustainable business practices.

In a statement, Manila Water said the MOU calls for the two firms to explore opportunities of mutual interest to meet both parties’ corporate sustainability objectives.

CEMEX Holdings Philippines, Inc. and Manila Water Company, Inc. sign MOU to pursue partnerships on initiatives that accelerate sustainable objectives.Present at the ceremony were CHP’s President & Chief Executive Officer, Luis Guillermo Franco Carrillo, and Vice President for Planning, Jesus Ortiz Dela Fuente, and Manila Water’s President and Chief Executive Officer, Jose Victor Emmanuel A. De Dios, and Chief Administrative Officer and Chief Operating Officer for International Business, Roberto Jose R. Locsin.

“The intersection of business goals and strategic commitment of both CHP and Manila Water makes this an attractive co-operation to further progress decarbonization and future energy,” Manila Water said.

Under the MOU, both parties have the opportunity to build and collaborate on initiatives that accelerate sustainable objectives on circular economy through the use of biosolids as alternative fuels.

CHP and Manila Water will also explore partnership in the areas of innovation on sustainable products and services, protection and rehabilitation of biodiversity, and clean energy and efficient water consumption advocacy.

The MOU will entail both parties to collaborate and share knowledge, expertise, and practices on projects that will be identified as part of the roadmap.

“With more businesses considering climate change as one of its top risks and recognizing the Philippines as one of the most vulnerable to its impacts, the partnership between CHP and Manila Water seeks to reinforce the role of business to propose better solutions, in response to the climate crisis,” MWC said.

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Inc. Manila Water Company Inc. Cemex Holdings Philippines
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