SINGAPORE—This week at NACS Convenience Summit Asia, leading global convenience retailers, business and industry experts named Pilipinas Shell Petroleum Corporation the winner of the 2022 NACS Asian Convenience Retail Sustainability Award for its Zero Emissions Goal by 2050 initiative. The Coca-Cola Company, the world's largest total beverage company, sponsored the award.
At Pilipinas Shell, the company is committed to managing emissions of greenhouse gases, using less energy more efficiently, flaring and burning off less gas during oil production, preventing spills and leaks of hazardous materials, using less fresh water and conserving biodiversity wherever it operates. The company is committed to becoming a net-zero emissions energy business by 2050.
In December 2021, Pilipinas Shell launched a collaboration with Mazda Philippines to offset CO2 emissions, making Mazda the first in the car dealership industry to drive carbon neutrality in the Philippines. The voluntary carbon offset program recognizes that, while the industry is trying to avoid or reduce emissions, the need for traditional fuel options remains during the transition. Through Pilipinas Shell, participating companies can offset their fleet's unavoidable CO2 emissions produced by the fuel purchased from Shell-branded service stations.
Pilipinas Shell also supports and contributes to the United Nation's s Sustainable Development Goals (SDGs) that address the challenge of climate change and make cities sustainable. The company also seeks to meet today's energy needs by investing in sustainable energy solutions and diversifying its products to include lower emission biofuels and Euro IV (PH) fuels, as well as bitumen products that help improve air quality.
Additionally, Pilipinas Shell manages the impact of its operations at its import facilities, terminals and supply depots by complying with environmental regulations and standards for emissions, waste and effluents. At its network of 1,120 sites throughout the Philippines, the company has installed solar panels on canopies to help reduce its carbon footprint. At the Tabangao import facility, it is building an industrial-scale solar farm that will further promote efficient energy consumption.
The NACS Convenience Summit Asia, taking place in Singapore July 19-21, is where global convenience retailers can see what future disruptions are taking place today. To learn more, visit convenience.orq/CSA.