Publicly-listed cement manufacturing firm Eagle Cement Corporation (Eagle Cement) posted a 44% dip in net income to P3.4 billion, down from P6.0 billion in 2019, after a strong start in 2020 was disrupted by the implementation of lockdown measures in the wake of the Covid-19 pandemic that began in mid-March of the year.
TAKING GREEN TO A HIGHER LEVEL
Mar 16, 2017
Our facility at Eagle Cement Corporation (ECC) has a Waste Heat Recovery system that generates up to 6.30 Megawatts of power from the plant’s waste heat. This allows up to save up to 20% of electricity costs in production while conserving renewable fuel supply and minimizing harmful gas emissions.
Beyond going green in our plant operations, we also conduct monthly tree planting and growing activities in the nearby communities.
CORPORATE SOCIAL RESPONSIBILITY (CSR)
We at ECC believe in a business approach that benefits the stakeholders socially, economically, and environmentally. As part of our commitment to a sustainable development, we have initiated and implemented the various programs and projects:
1. Gift Giving
We regularly provides grocery packs to its host and surrounding communities in celebration of the festive Christmas season,
2. Cement Donations
We fully support community development programs and projects that need cement. Requests from various organizations, institutions, agencies and churches were granted upon after an intent validation process.
3. Support for the Boy Scout Jamboree
We support the molding of children in the barangay in becoming responsible citizens. We provided financial assistance for the registration of Akle High School Boy Scouts in their participation in the Regional Boy Scout Jamboree.
4. Support/Donations to various organizations and institutions
In support of the various activities of select institutions, we also provided financial assistance to the Saint Dominic Pastoral Council and the JCI- Run for Life Gold Sponsorship, among others.