Filinvest Land (“FLI” or the “Company”) welcomes this opportunity to publish its first environmental social and governance (ESG) report. This chapter details FLI's non-financial performance across the economic, environmental, and social aspects of our business for the reporting period from 1 January through 31 December 2019.

This chapter aims to satisfy the "comply or explain" provisions in accordance with the Sustainability Reporting Guidelines for Publicly Listed Companies (the “SEC ESG Guidelines”) issued by the Philippine Security and Exchange Commission (the “SEC”) and outlined in SEC Memorandum Circular No. 4, series of 2019. It was prepared with reference to the Global Reporting Initiative (GRI) Standards Reporting Guidelines.

Scope

This chapter describes the performance and initiatives of Filinvest Land’s operations in the Philippines. For a complete list of our operations, visit the List of Building Sites in the Appendix of this report.

Materiality

The SEC’s sustainability reporting requirement among publicly listed companies is an opportunity for FLI to take stock of everything that we have done to deliver on our commitment and find ways to build our big ideas better. In 2019, we undertook an initial assessment of our current organizational processes, procedures, and policies in efforts to better understand our current practices and how they relate to ESG issues. Per the SEC ESG Guidelines, the content of this Chapter is informed by the principle of materiality and focuses on the economic, environmental, and social impacts of our operations and activities in the Philippines, as well as our approaches to the material topics listed below. We currently prioritize our efforts on social and economic topics.

Moving forward, we intend to conduct a materiality assessment that will enable us to focus our energies and resources on a sustainability agenda that is strategic to our business, promotes growth, manages impacts and minimizes risks, and contributes to sustainable development.

FLI’s approach to sustainability is built on a solid foundation of integrity, strong governance, and accountability to our stakeholders. We are committed to consistently instilling sustainable and environmentally considerate practices within our company culture, across our supply chain, and for our customers. As we progress on our sustainability journey, we look forward to refining our data collection processes to accurately measure and therefore manage our environmental and social impacts better, particularly in the areas of customer management, resource use efficiency, employee development, and community engagement.

Sustainability Governance

We strive to embed sustainability into our corporate culture and to ensure that everyone on the FLI team conducts business responsibly and ethically. Our Code of Conduct is observed across the company.

We maintain strong governance practices to ensure proper monitoring of risk management, internal controls, and other compliance matters (detailed in the Annual Report). The Board is responsible for setting the Company’s overall approach to ESG matters, evaluating ESG-related risks, and implementing sustainability initiatives. It is supported by our senior management team and the Audit and Risk Management Oversight Committee (which is composed of an Independent Director, a Director and the Chairman) who implement risk management and internal control systems.

We are working to strengthen our sustainability governance structures and mechanisms and to integrate economic, social, and environmental structures into our business decision-making processes at all levels. In coming years, motivated by the SEC’s sustainability reporting requirements, we seek to improve our understanding of the impact our operations have on ESG related topics. We will also assess ESG related risks and opportunities as related to our sustainability management, governance, and climate-related issues.

Anti-corruption

Bribery and corruption are significant ESG risks that can undermine trust in a company and have direct impacts on its performance. We take corruption very seriously and are committed to ensuring compliance with applicable laws and regulations (such as the Anti-Graft and Corrupt Practices Act (Republic Act No. 3019)) on anti-corruption, anti-bribery, and money laundering, among others. We also adhere to standards of conduct to prevent or regulate the offer or receipt of gifts or other advantages that may induce dishonest, improper or illegal conduct, or which may create an actual or potential conflict of interest.

Our anti-corruption efforts are supported by several strictly enforced policies, including our Conflict of Interest Policy, Insider Trading Policy, and Related Party Transactions Policy. Our Code of Business Conduct and Ethics (the “Code of Conduct”) provides a framework for all of the FLI’s operations and sets out standards of behavior for all employees, including day-to-day business conduct and customer service interactions. When there are changes to the Code, the Human Resources department will issue new guidelines or update our policies, then circulate the files to each department. Implementation of the Code of Conduct’s guidance on anti-bribery and anti-corruption is supported by our Whistle-Blowing Policy.

In 2019, no incidents of fraud or misconduct that have a significant effect on the Company’s financial statements and overall operations were reported by employees, shareholders, or other stakeholders and no Directors or employees were removed or disciplined for corruption. In coming years, we will enhance our employee development and training to include specific anti-corruption topics.

For more information on these policies and our Corporate Governance practices, please refer to the Corporate Governance Section of the Annual Report.

We have a customer-centric corporate culture that is focused on delivering high-quality services to our customers with honesty and integrity. We aim to cultivate an environment where they will be healthy, engaged, and productive. We invest in our employees and provide them with rewarding career paths.

In coming years, motivated by the SEC’s sustainability reporting requirements, we seek to improve our understanding of the impact our operations have on our employees. We will also assess ESG related risks and opportunities as related to our team management and will survey opportunities to improve learning and development, employee engagement, workplace culture and work-life balance, operational transparency, and hiring practices where feasible.

Employee Profile

Our 1,1701 high caliber team members, 1,000 of which are employed on a regular, full-time basis, are the key to our success. Characteristics we cultivate in our people include a willingness to take initiative, open-mindedness, ability to work as a team, and passion for continuous learning and improvement. With female employees comprising 60.77% of our workforce, we have a demonstrably high proportion of women among our regular and probationary staff which reveals FLI commitment to gender diversity and fair hiring practices.

Employee profile by category and gender

Hiring and Benefits

We have set companywide requirements and expectations through our Employee Handbook and various Human Resources policies to ensure that all aspects of employment, including fair hiring practices, compensation and dismissal, working hours, rest periods, anti-discrimination and employee welfare, meet or exceed local legal requirements.

When it comes to hiring practices, it is our preference to promote from within before expanding our search outside the company. This lends itself to fostering a workplace culture in which strong bonds are formed between individuals with a keen awareness of our business and customer needs. As such, most new vacancies are filled initially by promotions and transfers from within the organization.

All full-time employees are eligible for our benefits package, which includes medical care, group life and accident insurance, and retirement benefits. In addition, we provide the paid leave for vacation, illness, maternity and paternity, change of civil status, birthday, bereavement and calamity leave, a car financing program, and a housing assistance plan.

We also offer Health Maintenance Organization (HMO) coverage for all regular employees, a loan fund for regular employees including an emergency loan to aid in the hospitalization of an employee or their family members or for immediate repair of an employee’s home after a natural disaster or fire, as well as an educational loan to cover tuition fees for employees or their dependents.

Training and Development

We believe that cultivating a highly skilled workforce and supporting employees’ long-term career goals is an integral part of sustaining our social and economic success. Arranged by our Learning and Development Team, we offer a wide array of professional development programs that aim to nurture talent and help employees build skills and capabilities so that they can fulfill their potential. In house training is conducted regularly and recommended employees are enlisted based on their potential to attend external seminars. In 2019, training topics included:

Beyond training, all regular employees take part in an annual performance evaluation. Also, to develop the highest level of skill among employees and enhance personal and professional growth, the company periodically assesses the training needs of each employee. In addition, we recognize employees with 10, 15, 20, 25, 30 years of service to celebrate the appreciation of their hard work and loyalty.

Employees Trained by gender and employment category

Average training hours provided to employees (by male/female)

Health, Safety and Wellbeing

We value the health and wellbeing of our team members and are committed to providing all employees with a safe, secure, and healthy working environment. Our goal is zero accidents, injuries and illnesses. To achieve this, we have a thorough set of policies and programs to uphold the occupational health and safety (OHS) of our employees. This includes a Safety Policy, Accident Prevention Program, Code of Safe Practices, injury and illness prevention programs, and more.

Our OHS Program was established to ensure a clean, safe, and healthy work environment for all its employees. All employees including newly hired staff, after orientation on the safety procedures and practices, must be able to assimilate our safety program and follow what was prescribed by the program induction. The company’s OHS program is designed to prevent or minimize the possibilities of injuries at the workplace.

Per our Security, Environment, Health and Safety (SEHS) Policy, we strive to ensure that all work and work-related activities are performed responsibly and safely and in compliance with applicable laws and regulations. The SEHS Policy applies to all businesses, subsidiaries, and all employees and is available to the public on our website under Company Policies. We regularly check compliance through internal and external audits and appropriate channels are set up to encourage reporting of behaviors not compatible with the policy. We have also set objectives and targets which support a proactive SEHS culture throughout FLI for continual improvement.

All our policies, accident prevention, and safety training programs are designed to comply with all applicable laws and regulations and are implemented using appropriate company standards where regulatory requirements do not exist. All employees are expected to comply with the requirements these programs, particularly our Safety Plan, and failure to observe safe work practices and requirements are cause for disciplinary action. Employees are requested to sign an Employee Acknowledgement of the Health and Safety Plan, indicating that they have read and understood the plan, will comply with applicable safety rules, policies and procedures and completely understood the safety plan.

We believe that heightened awareness of the physical or administrative consequences of ignoring safe practices fosters a healthy respect for company policy and procedures, as well as the hazards themselves. We require OHS training for all employees to ensure instruction in safe work practices and rules, and to provide the skills and knowledge necessary to identify and control workplace hazards. Throughout 2019, we ran 116 trainings and drills covering a range of topics including sexual harassment, fire and earthquake evacuation drills, and personal injury prevention.

EnRiCh-ing Employee Engagement

Every year we host an array of programs aimed at training and keeping employees engaged starting from the leaders. Programs such as coaching, behavioral interviewing, problem-solving, and decision making were conducted to further develop the leadership skills of supervisors and managers. We believe these activities not only contribute to employee overall wellbeing, but they also create stronger connections between employees and increase employee satisfaction and productivity.

In 2019, we launched the EnRiCh Program to encourage employee wellness, social bonds, and teamwork. The activities anchored around EnRiCh aim to ensure that FLI promotes work-life balance, team companionship, and a fun working environment through various employee engagement activities. These activities have also provided employees with avenues to build social connections – within and outside the Company.

To encourage healthy lifestyles among employees, FLI conducted its Annual Physical Examination (APE) in January 2019, which was attended by 570 employees. Other activities, such as vaccinations and bloodletting, were also offered throughout the year. Aside from physical wellness, FLI also enabled First Friday Masses to be held every month and confessions during Holy Week for our more spiritual team members.

To encourage the development of solid working relationships among colleagues, FLI held a variety of events to celebrate Valentine’s, Mother’s Day, and Father’s Day. For Halloween, the children of the employees were invited to go Trick or Treating around the office. We also host retirement parties for soon to be retirees to show our appreciation for their service to the Company,

During the Christmas holidays, we held an MTV-themed Party and contest where employees dressed up as their favorite pop music icons. For this year’s contest, teams created music video parodies, which brought out everyone’s creativity and resourcefulness.

We continually host a range of employee activities such as sports and family days for employees and their families. One of the major employee engagement activities for the year was the FLI Sports Fest. Various games of basketball, volleyball, badminton, table tennis, chess, and dama were played. Participating employees showed a real passion for sports and practiced their camaraderie and teamwork as well. We also have internal communications tools, namely bulletin boards and newsletters, to update employees on new policies and other important information.

We recognize that conducting our business with integrity and high standards is central to our long-term success and underpin our ability to serve and retain our customers. To ensure service quality, we have implemented a suite of policies and procedures, which cover service quality improvement processes, customer satisfaction surveys and complaints, and more.

Motivated by the SEC’s sustainability reporting requirements, in coming years, we seek to improve our understanding of the impact our operations have on our customers. We will also assess ESG related risks and opportunities as related to the relationships and impacts we have with our customers.

Serving Our Customers

We pride ourselves on excellent customer service and place great importance on listening to our customers. We continually seek and respond to customer feedback through a variety of channels, including via our website, social media, direct interaction, a customer service hotline, e-mail, and SMS, among others

Led by our Service Quality Improvement Head, our customer satisfaction surveys are shared with customers to measure how our products and services meet or surpass their expectations. If a customer is not satisfied, our Handling of High-Level Complaints Manual guides our Customer Care - Customer Fulfilment team on how to best find a resolution.

The manual covers proper channels through which we address high-level complaints by outlining ways of identifying the severity level of complaints, acknowledgments to the complainant, and sharing of complaints reports to all concerned departments. Any complaint received is assigned a Customer Fulfilment (CF) officer for immediate response/feedback and resolution. After a CF head determines the content and severity of a complaint, a Complaints Report Form is prepared by CF Staff within 24-hours after receipt from a CF Head. Then, an investigation shall be conducted, and resolution sought. A complaint is only ever considered “CLOSED” by a CF Manager/Head when the complainant is satisfied with the resolution provided.

We consider our employees to be our ambassadors. To improve customer service and enhance interpersonal skills, frontline personnel are required to undergo regular training on topics such as improving listening and verbal and written communication skills, and problem-solving and conflict resolution. All employees are also expected to abide by our Basic Customer Service Standards manual, which aims to instill best practices to enable us to deliver excellent service to our customers. These standards are reviewed, approved, and supported by the President and CEO of FLI and all members of our Senior Management Committee.

In 2019, we received 165 substantiated complaints regarding our products and marketing and labeling, which were resolved promptly with rectification procedures.

In 2019, we received a satisfaction rating of 65% based on a customer survey conducted among 500 customers. 65% of the 500 customers rated Filinvest Land with either Very Satisfied or Satisfied.

Protecting Privacy

Our Privacy Policy, which is available on our company website outlines our commitment to respecting and protecting the privacy of customer and keeping personal information (“Personal Information”) in accordance with Republic Act No. 10173 or the Data Privacy Act of 2012, its Implementing Rules and Regulations and other issuances of the National Privacy Commission (NPC).

The Group responds to reasonable requests to review personal information collected by us and to correct any inaccuracies, amend or delete any entry per customer privacy rights under the Data Privacy Act of 2012. During the reporting period, there were no data breaches, including leaks, thefts, or losses of data.

As mentioned in our Privacy Policy, personal information possessed by the Group shall be kept confidential. However, it may be necessary for the Group to disclose and transfer personal information to third party companies, entities, or service providers engaged by the Group to perform certain services on its behalf, including:

• Government agencies such as SSS, PhilHealth, HDMF;
• Banking and financial institutions;
• Insurance providers;
• Storage facility providers;
• External advisors and other professional advisors, such as auditors and legal firms;
• Contractors or subcontractors; and
• Such other service providers that may be appointed by the Filinvest Group including background investigators.

In addition, being mindful of the risks posed by the rapidly evolving digital environment, we work to educate and empower our customers to be more risk-aware and to provide them with requisite skills and know-how to avoid fraud, scams, and cybercrimes when using our products and services.

As one the largest property development firms in the Philippines - with a portfolio of more than 25 million square meters under management – we recognize our responsibility in minimizing the negative environmental impacts in the built environment through both the services we provide to our clients and our own operations. As our acquisitions, divestments, and development activity within a given year can significantly impact our environmental performance, we are committed to implementing environmentally sustainable best practices for our operations and to assist our tenants in their efforts to address their environmental concerns.

Applicable to all FLI projects, our Environmental Compliance Policy aims to provide effective environmental programs for the prevention of pollution, preservation of natural resources, and solid waste management, in compliance with relevant local and national environmental laws and regulations. Approved by our President and CEO, the policy mandates compliance to local environmental laws and regulations (such as DENR and the National Building Code of the Philippines), environmental impact planning, and measures to mitigate the potentially negative impact that a new building or community development project can create for both the pre-construction and construction/operations phases.

The Policy also mandates that with any new project, a Social Development Program shall be established to offer training and hiring of local residents, a solid waste management program, support to local institutions and schools, and to create education and communications campaigns.

We recognize that growing stakeholder demands for transparency have led to more stringent environmental reporting requirements, including the SEC ESG Guidelines. We are working to further develop and strengthen our data collection procedures and adopt a systematic approach to data collection across the Company over the next three years to enable us to better identify, disclose and manage our environmental impacts. We are also exploring strategies to address air quality, climate change, resource efficiency, and waste. We will aim to assess ESG related risks and opportunities as related to our resource and environmental management.

To our knowledge, we comply with all applicable local environmental laws and regulations. In 2019, no monetary fines, non-monetary sanctions, or disputes arose for non-compliance with environmental laws and/or regulations.

Sustainable Building Practices

In 2017 we set out to be the first to create a master-planned development in the country with a LEED version four of Neighborhood Development Plan certification. With only two other developments in the world – in Japan and Italy – bearing this coveted recognition requires meeting several criteria across several areas that address sustainability issues – among them location and transportation, sustainable sites, water efficiency, and energy and atmosphere considerations.

To meet LEED certification standards,2 our design project teams have identified several cost-effective and energy-efficient fixtures and incorporated them into focal design features in three of our commercial buildings. While some features (such as green walls and bicycle storage) are quite visible, others are less apparent to the average occupant (such as water-efficient landscaping and optimized energy performance-usage of low electric consuming lights and equipment). Altogether, each feature helps to deliver outstanding sustainable performance.

Highlights of these green building features include:

• Site Connectivity – building in high high-density areas, within a range of basic services for the immediate needs of the community.
• Green Transportation – buildings are located near public and other alternative modes of transportation for more efficient travel. They also feature bicycle storage and changing rooms to encourage occupants to limit their vehicle use and lessen the environmental impact and traffic congestion of private cars.
• Regional Building Materials – Construction materials are purchased within the vicinity of the project.
• Quality Indoor Environment – The thermal comfort of the end-users is monitored and low emitting VOC materials are used to prevent harm to occupants and the environment.  

Since 2016, Filinvest has been awarded several LEED building certifications for a number of our developments:

Green Building Certification

Green Building Pre-Certifications

Resource Management

Our approach to measuring and monitoring how we manage resources starts with projects adhering to our Environmental Compliance Policy and continues throughout the lifecycle of the construction and operations phases.

Ecosystems and Biodiversity

Our Environmental Compliance Policy outlines proper preservation methods, such as ensuring that all existing endemic wildlife species in a development area shall be protected by FLI, including their habitats. It also includes a clause that an Environmental Guarantee Fund shall be set up for every FLI project for rehabilitation and restoration activities of affected areas, as well as stipulating compensation of damages and assistance to affected parties should irreparable damages occur.

We have also set as a rule that for every tree cut for a development project, it shall be replaced for continuous greenery maintenance.

Energy and Air Emissions

We recognize our capacity to enhance the energy efficiency of our projects while reducing our carbon emissions. Beyond our green building efforts, we continually seek ways to optimize building performance and reduce energy usage and emissions.

Within our operations, as mandated in our Environmental Compliance Policy, during the construction phase all emissions are to confirm with the emissions standards of DAO 14 (Revised Air Quality Standards of 1992). Any dust emissions are controlled with periodic watering of roads during the dry season and dump trucks used in the delivery and transport of filling materials are covered.

Spotlight: PDDC’s Innovative District Cooling Systems

Keeping the Northgate Cyberzone cool

In 2017, FLI’s Philippine DCS Development Corporation (PDDC) partnered with Engie Services Philippines* on a joint venture to develop the Philippines’ largest district cooling system in Northgate Cyberzone in Filinvest City. The 10,000-ton centralized DCS plant has a cooling capacity of 42.2 Megawatts that caters to 15 buildings through a 3.4km underground distribution network of steel pipes with a span of 20 years. The system provides numerous benefits including:

• Lower building structural requirements 
• Noise reduction
• Reduction of CO2 emissions and polluting waste (i.e. refrigerant leakage) 
• Reduction of electricity consumption of at least 30% - 40% of plant consumption
• Reduction of water consumption 
• Smaller electrical system and backup generators 
• Reduction of operations and maintenance costs in terms of:
• • No chemical usage for cooling towers 
  • Spare parts and consumables 
  • Periodic and unscheduled major maintenance 
  • Engineering Services
  • Manpower cost related to Chilled Water operations 
  • Management oversight

The Northgate Cyberzone District Cooling System has put the Philippines on the global map alongside the world’s key players in District Cooling System, such as ENGIE’s Climespace in Paris, France, and the Megajana in Cyberjaya, Malaysia.

Boosting PBCom Tower’s Energy Efficiency

In 2019 PDDC also partnered with Engie Services Philippines* on a joint venture to provide a chilled water plant within the 52-story PBCom Tower through the Build-Own-Operate-Transfer (BOOT) model, where PDDC will design, finance, rehabilitate, construct, install, operate and maintain a new and efficient chilled water plant that will provide energy savings to the tower. State-of-the-art technology will cut energy consumption in the Philippines’ third tallest building by about 4,103 MWh per year (equivalent to 2,429 eq. tons of CO2 emissions). The project also aims to cut carbon dioxide emissions, a key component of FAC’s vision of sustainable development.

*PDDC is an incorporated joint venture between FLI and Engie Services (Philippines), the local arm of the France-based Engie, a global leader in Energy Efficiency and Environmental Services. The joint venture is part of Filinvest’s efforts to develop environmentally-sustainable communities and to show support for the Philippine Government’s drive for green energy. It is also the collaborative response of Filinvest and Engie to the co-create mitigating measures that address climate change-related concerns.

Water

Water is a key component of the construction and operations of any project. As such, we are committed to ensuring that we manage water and wastewater as responsibly as we can. In 2019, we consumed 5,132,064 cubic meters of water and discharged 4,517,545 cubic meters. We recycled 1.16% of our total wastewater.

Our Environmental Compliance Policy mandates proper drainage systems be installed during pre-construction, for the proper collection and disposal of storm run-off. We also use a combination of open and closed drainage systems when building in smaller land areas and we install a sewerage system and/or a sewerage treatment plant to treat domestic discharges, in compliance with discharge standards set by the DENR.

During the construction and operations phase, we ensure that housing units and other amenities are not built along active natural waterways and no construction or development is undertaken immediately next to rivers or streams in efforts to avoid erosion and unintended siltation of water bodies. Any temporary ditches or canals are lined with silt raps to minimize sedimentation/siltation of nearby tributary rivers and are removed after construction is completed. Also, all deep well water supply is subject to primary water treatment and any effluent discharges must meet the Effluents Standards under DAO 35 (Revised Effluent Regulations of 1990) and DAO 34 (Revised Water Quality Criteria).

Thinking beyond our own development projects, we consistently seek to create environmentally-friendly infrastructure and support local community investment initiatives when we can. For example, Filinvest City was the first township in the Philippines to register for LEED v4 for Neighborhood Development Plan and is currently in the initial phases of completing its certification requirements. The Group has also constructed a sewage plant and water recycling facility within Filinvest City to allow the use of greywater for irrigation. Also, our Northgate Cyberzone development houses the country’s largest district cooling system that can reduce energy consumption for chilled water supply by up to 40%.

Spotlight: Utilizing Desalination Technology and Providing Water Services

The Group, through its wholly-owned subsidiary, Countrywide Water Services, Inc. (CWSI), has been utilizing desalination technology for several years to provide much-needed water at competitive rates to hotels and residential projects that are owned by the Group as well as by external entities. The Group is also exploring potential partnerships with major industry players to tap into the latest developments in desalination technology to further improve the efficiency of this cutting-edge technology. CWSI provides water and wastewater services to its affiliates in the property business such as Filinvest City in Alabang and the Filinvest Mimosa+ Leisure City in Clark, Pampanga and Filinvest Land residential projects. CWSI’s water services include the supply and distribution of potable water to domestic, commercial, and industrial consumers while its wastewater services include the treatment of domestic and commercial sewage.

Materials

In 2019, our projects required the use of 29,773 tonnes of rebar, and 137,860 tonnes of cement.

Waste

Most of the waste directly generated by our business comes from the construction of our development projects. Our Environmental Compliance Policy outlines that all solid waste be properly collected and disposed of in designated disposal sites in accordance with the project site’s Solid Waste Management Plan.

Also, the proper handling, collection, and disposal of toxic and/or hazardous substances are fulfilled in accordance with the provisions of RA 6969 (Toxic Substances and Hazardous and Nuclear Waste Control Act of 1990) and that proper permits are secured from DENR accordingly.

In 2019, 158,481 tonnes of office and construction waste was sent to landfill.

FLI supports local enterprises and local supply chains by investing in the local market, through our suppliers, and our championship of small and medium enterprises (SMEs). In 2019, of our 505 suppliers, 98.81% were Philippines based companies, with the rest coming for other parts of Asia.

For our property development operations, we depend on inputs from multiple suppliers and service providers, and we take it upon ourselves at FLI to facilitate ESG considerations throughout this value chain. When vetting new suppliers, we consider a range of ESG related topics such the supplier’s environmental performance, efforts to avoid any forced or child labor in their operations, their approach to labor and human rights issues, and their mechanisms to ensure that bribery and corruption do not occur in their company or in relation to ours.

We mainly achieve this by adhering to our Supplier Accreditation Program, which was established in 2015 and is overseen by our Purchasing Department. The program outlines ways we can maintain quality management by checking for various ISO, DENR, and OSHA certifications or programs in place (such as ISO 9000/9002 and 14000 or equivalent environment programs) and by requesting data on the sources of raw materials (percentage of local/international). Regular reviews or assessments are also conducted to ensure our supply chain partners comply with local laws and our requirements.

We believe that by measuring our progress and adhering to the ideal of transparency in our supply chain decisions, our sourcing and procurement efforts are shaping a value chain that positively influences the market and encourages the industry towards sustainability.

Motivated by the SEC’s sustainability reporting requirements, in coming years, we seek to improve our understanding of the impact our operations have on our supply chain and suppliers. We will also assess ESG related risks and opportunities as related to the relationships and impacts we have on our suppliers and overall value chain.

We have a longstanding commitment to giving back to the communities where we build as well as those nearby. We aspire to make a positive impact on our communities and are committed to contributing to their long-term prosperity. In 2019, our support focused on the areas of health, community outreach, and environmental preservation. In 2019, we contributed PHP 167,350 to local charities and non-governmental organizations (NGOs). We also work with our partners and stakeholders to support local causes and help provide relief in incidents of a natural disaster.

We also encourage our employees to participate in volunteer and community service programs that interest them. In 2019, our employees participated in several events across the Philippines and dedicated a combined total of 9,504 volunteer hours.

Highlights of our engagement in 2019:

• Tree Planting in NCR and Cebu – As part of our "Keep it Green" initiative, which includes annual tree-planting activities, 81 employee volunteers contributed to reforestation activities being carried out at Georeserve sites in Rizal and Cebu. A total of 200 tree seedlings were planted and nurtured by the FLI volunteers.
• Blood Donation Drive – run in partnership with the Red Cross, 100 FLI employees filled 39 bags in our annual blood donation drive.
• Team Coastal Cleanup – 52 FLI employee volunteers joined a coastal cleanup at Freedom Island (located in the Las Piñas-Parañaque Critical Habitat and Ecotourism) and collected 50 bags of plastic, cigarette butts, used PET bottles, fishnets, etc. from the beaches.
• Support for the elderly of Visayas – 15 FLI Visayas' employees ran a feeding/gift-giving program in December for Gasa sa Gugma, a home for abandoned elderly. Their efforts helped 63 elderly in need with one month’s supply of basic needs such as rice, milk canned goods, toiletries, etc.
• Outreach for the Elderly and Street Children – 5 FLI employees hosted a feeding/gift-giving program in October to benefit Por Cristo Foundation Inc., a charity home for the abandoned elderly. The foundation provides accommodation, food assistance, medical care, and hospitalization, etc. to needy elderly and street children. Over 60 elderly and street children in need received a one months’ supply of basic needs such as rice, milk canned goods, toiletries, etc.
• Outreach and support for Abandoned and Neglected Children – 25 FLI employees ran a feeding/gift-giving program to collect donations for the children and staff of Tahanan ng Pagmamahal in Pasig, City in November. Tahanan ng Pagmamahal is a home for abandoned and neglected children. Altogether, we collected and donated more than a one months’ supply of basic needs such as rice, milk canned goods, toiletries, etc., which benefitted 57 children in need. Employees also contributed via a fund-raising program to purchase simple Christmas gifts/tokens for the institution and supported its facility improvement construction project(s) with a P36,000 cash donation.
• Helping Students Prepare for School – In support of the Department of Education's nationwide initiative, "Brigada Eskwela", FLI-Mindanao mobilized its employees to show their support by ensuring the students of Nueva Fuerza Elementary School are ready for their first day of school. 10 FLI volunteers spearheaded the effort to collect and donate school supplies and backpacks for 180 students.

Motivated by the SEC’s sustainability reporting requirements, in coming years, we seek to improve our understanding of the impact our operations have on local communities, particularly indigenous peoples and vulnerable groups. We will map out both mitigating and enhancement measures based on our findings and will also assess ESG related risks and opportunities as related to the relationships and impacts we have on the communities in which we operate.

Current Residential Development Projects

The following are the most recently launched projects and projects with new phases and buildings:

Complete List of Mid-Rise Buildings

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