Solar Energy as part of Corporate Sustainability Initiatives

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solar energy as part of CSI

Businesses nowadays actively look for CSI opportunities. These initiatives are usually enough to improve a company’s reputation, attract customers and employees, and entice potential investors. One of the most accessible and most common forms of CSR includes the integration of a solar panel system into a business.

Integrating a PV installation not only serves as a corporate sustainable initiative but also serves as a form of compliance for many entities here in the Philippines. The Philippine government is adamant in its push for renewable energy and wishes to see more businesses adopt renewable energy.

Investing in a solar installation is one of the best options that companies in the Philippines have as it brings many benefits to the company. Take a look at what your company can achieve should you choose to install a solar power-generating facility on top of your roofs.

 

Carbon Footprint Reduction

Solar energy is a clean source of renewable energy. The solar panels are capable of the photovoltaic effect which generates electricity from sunlight. This reduces the company’s reliance to the grid as they can now produce their own clean energy. Because of this, they also significantly reduce their greenhouse gas emissions—ultimately leading to the company doing their part in helping the environment and fighting climate change.

This is doubly important for companies with large carbon emissions as they can offset the harmful by-products of their operations.

 

Energy Independence

Having your own solar panel system allows you a degree of independence from the electricity grid because you are generating your own electricity. In a way, you can also reduce your business's reliance on fossil fuels which is currently the primary source of the electric grid in the Philippines. The lessened dependence on the grid also helps stabilize it as it reduces the load that the grid carries—leading to lower chances of disruptions.

 

Energy Savings

The initial investment for the solar panel system can seem large for some—but that’s not considering its return on investment. Solar panel installations tend to last roughly two decades. During those twenty years, the company would be able to experience consistent savings from the energy generated by the solar panels. The produced energy then translates to reductions in your electricity bill.

 

Improved Reputation

The adoption of renewable energy in a company’s facility can help improve its branding. Solar panel installations, in general, are RE sources that, when integrated into a building, are visible to outsiders. Not only do they serve as a testament to the business’ advocacy towards sustainability, but it can also serve as a means to save on electricity savings.

In essence, the adoption of solar is something that is currently increasing in demand, often being a consideration of investors and stakeholders in choosing who they choose to work with.

These lead to positive public perception which can lead to increased brand loyalty and market share in the long run.

 

Safety Compliance

As mentioned above, the Philippine government is pushing hard for the adoption of renewable energy—the most accessible of which is solar. Government buildings are tasked to ensure that a percentage of their electricity consumption is from clean energy sources and businesses also have these ordinances to a different extent. Thus, solar panel installations serve as a multi-faceted package that checks numerous boxes for businesses. Integration of these solar panel systems helps with compliance with regulations and avoids potential penalties.

 

Conclusion

In the Philippines, Solar energy is one of the most accessible, cheapest, and most beneficial CSI that any company can choose to do. It can contribute to a company in many ways such as by reducing its greenhouse gas emissions and its electricity bill, enabling a percentage of energy independence, improving the company's reputation, enforcing safety standards, and complying with the government’s RE ordinances. Integrating solar to your business brings nothing but benefits both financially, socially, and operationally. This then helps the company position itself as a pioneer of the RE movement in the Philippines as it helps prepare the country for a cleaner and more sustainable future.

 

For all your solar service needs, choose wisely. Choose Spectrum, your end-to-end solar solutions provider!

Spectrum offers tailor-fit solutions for industrial, commercial, and residential customers through an in-depth understanding of energy consumption behaviors and strategic partnerships with world-class technology partners.

Backed by Meralco’s energy expertise and proven safety track record, the renewable energy company has been providing services and solutions to help customers reduce their costs while taking part in saving the planet.

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