Sustainability Framework
At Maynilad we also intend to reduce our reliance on fossil fuels. As such we are decarbonizing our operations and developing efficiencies to reduce our energy usage. Not only does this have a positive impact on our environment and society, but we are also building a more resilient and sustainable Maynilad. As part of our ambitions, we have developed a Climate Neutrality plan.
Decarbonization Roadmap
With four Climate Neutrality Targets under the plan, we aim to reach net zero scope 1 and 2 emissions by 2037. We aim to do this by investing in more solar power generation and entering into renewables PPAs to increase our usage of renewables. We will further expand our fleet to ensure 50% are electric vehicles. As we continue to reduce our impact on the environment, we will also implement nature-based solutions to reduce carbon from the atmosphere by continuing our work around reforestation and developing a carbon sink.
Reduction of Non-Revenue Water (NRW)
As part of our ongoing commitment to optimizing water management, enhancing service quality, and contributing to a more sustainable and resilient water utility sector, we intend to continue reducing our NRW across our operations. By investing in this, we intend to create operational efficiencies and ensure we are at the forefront of water security in the region. We have ambitious plans to reduce NRW from current levels and bring awareness around this important commodity. Since 2008, we have been actively implementing various initiatives to reduce NRW, including over 538,000 leak repairs, replacement of over 4,500km of pipes, and installation of over 1,100 pressure regulating valves. Maynilad targets to lower its Total NRW to 20% by 2030 and maintain this level until the end of its concession period.
