Aboitiz Companies, UN Organize Essay Contest

Aboitiz Power subsidiary and Benguet-based renewable energy company Hedcor, Inc. led the signing of the memorandum of agreement to organize the 6th World Environment Day Essay Writing Contest (WED EWC) last July 2, 2008 in Makati City. This prestigious contest is co-sponsored by SN Aboitiz Power (SNAP), 2GO, Aboitiz Foundation, Inc., and the United Nations Information Center. The writing competition is open to all high school students nationwide. To date, it has attracted more than 2,000 participants from over 350 secondary schools all over the country. It aims to create among the youth a deeper awareness and greater appreciation of the benefits of clean energy at a period of soaring coal, oil and gas prices and a growing demand to produce electricity from renewable and non-polluting sources. ?We are committed to instill environmental consciousness in our youth,? said Darlene Arguelles, Hedcor AVP for Corporate and Regulatory Affairs. ?Participating in the essay contest will not only make them aware of environmental issues but also encourage them to respond positively and be part of the solution,? she added. This year?s edition will require participants to compose an essay on the theme, ?Towards a Low Carbon Economy,? discussing the environmental and economic implications of global warming and how renewable energy projects can support sustainable development. All essays must be written in English and submitted with a fully accomplished entry form which will be made available at the Hedcor, Inc. website, www.hedcor.com. Five (5) copies of the essay must be enclosed in a short brown envelope to be submitted to 2GO outlets nationwide free. Essays may also be submitted via email at hedcor-inquiry-hedcor.com. Deadline for submission of entries is on October 15, after which, the top five students will be invited to participate in an on-the-spot essay contest to be held on December 11. The first prize is P25, 000, a personal computer, a computer for the winner?s school, and a United Nations certificate. The awarding date is on December 12 at a special reception to celebrate Philippine Energy Week. Hedcor, Inc., a subsidiary of Aboitiz Power Corporation (PSE: AP), operates 15 hydropower facilities in Benguet and Davao. The company is currently developing two greenfield hydro projects in Mindanao with a combined capacity of 73 megawatts. SNAP is a joint venture SN Power (SNP) of Norway and AP. They own and operate the Ambuklao and Binga hydroelectric power complex in Benguet and the Magat Hydropower plant in Isabela/ Ifugao. 2GO, the courier services division of the Aboitiz Transport System Corporation, is the official courier partner of 2008 WED EWC. 2GO has 253 outlets nationwide. Aboitiz Foundation is the corporate social responsibility arm of the Aboitiz Group of companies. The foundation?s major areas of commitment are environmental protection, education, primary health and childcare and enterprise development. UNIC Philippines is the field office of UN Department of Public Information, New York. UNIC is responsible for advocacy and information dissemination of the UN?s work in various areas. For more information on the contest, please contact Israel Buenaobra at (074) 444-7948 or email hedcor-inquiry-hedcor.com. CAPTION FOR PHOTOS: TOWARDS A LOW CARBON ECONOMY. The memorandum of agreement formally organizing the 6th World Environment Day Essay Writing Contest was signed on July 2 by (from left) SNAP CSR Manager Rodolfo Azanza, Hedcor AVP for Corporate & Regulatory Affairs Darlene Arguelles, UNIC National Information Officer Agnes Aliman, and 2GO Marketing Communications Executive Patrick Florencio. The WED EWC is an annual competition for high school students aimed to create a deeper awareness and greater appreciation of the benefits of clean and renewable energy.

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