PNB Holdings shifts to 100% renewable electricity across key properties
In a move to advance its sustainability efforts, PNB Holdings Corporation (PHC) has transitioned two of its flagship assets, PNB Makati Center along Ayala Avenue and PNB Financial Center in Pasay City, to 100 percent renewable electricity.
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The transition is supported by an agreement with the First Gen Group (First Gen), which will supply more than five megawatts (MW) of geothermal power from its facility in Tongonan, Leyte, to support operations at the two properties.
The transition underscores PHC’s commitment to integrating sustainability into its business operations and asset management strategy. As environmental considerations become increasingly important to tenants, investors, regulators, and other stakeholders, renewable energy adoption plays a growing role in supporting responsible business practices, enhancing operational resilience, and advancing long-term sustainability objectives.
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For PHC, the shift to 100 percent renewable electricity is among its efforts to integrate sustainability into its operations. Energy consumption remains a significant contributor to a company’s environmental footprint, and the source of electricity plays a role in determining associated emissions.
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The initiative reflects PHC’s focus on creating and managing real estate assets that remain competitive, relevant, and responsive to evolving stakeholder expectations as it pursues sustainable long-term growth.
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