RASLAG Corp., the first Kapampangan solar energy producer of its scale, has been awarded a Golden Arrow for its high performance according to the ASEAN corporate governance scorecard.
“Our mission of lighting the future with renewables will always include a higher standard of accountability, transparency, and ethical leadership,” said Robert Nepomuceno, President and CEO of RASLAG Corp. “We are excited to keep scaling up our renewable energy sources in a responsible and sustainable way,” he added. The company has built on the legacy of being run by the Nepomuceno group, with most of its directors hailing from Angeles Electric Corp, which has provided electricity to the region for over one hundred years.
The Golden Arrow awards is an initiative by the Institute of Corporate Directors to champion internationally recommended corporate governance practices in the Philippines. RASLAG is proud to have established top-tier practices within its operations, such as enterprise risk management, internal audits, and yearly sustainability reports. As they aim to support the future of the nation’s energy security, the company has appointed an expert in the renewable energy space as lead independent director, together with other corporate governance experts.
The company understands the Philippines’ vulnerability to climate change and natural disasters, as well as the need to mitigate these risks to ensure uninterrupted solar power generation. They utilize innovative designs and technologies to strengthen equipment and facilities against natural disasters. Continuous weather monitoring, robust disaster resilience plans, and strategic site selection, all work to ensure RASLAG’s projects are well-protected and continuously adding to our nation’s power grid.
RASLAG also consistently uplifts the communities where its plants are based, providing Corporate Social Responsibility programs for the schools in various Pampanga barangays.
RASLAG has been a renewable energy developer since 2013, and has been publicly listed on the Philippine Stock Exchange (PSE) since 2022. As an industry leader in the solar business, they have also recently been invited by the PSE to discuss their IPO journey and the Department of Trade and Industry (DTI) to discuss standards for safety, resilience, and sustainability.
