Manila Electric Company took its commitment to embed sustainability in its operations to a higher level with the adoption of a sustainability scorecard covering the company’s entire value chain.
The Meralco Supplier Sustainability Scorecard was established as a tool to assess suppliers and contractors on key environmental, social and governance criteria, while using the United Nations’ Sustainable Development Goals and the Global Reporting Initiative standards as guiding principles.
MS3 provides Meralco a comprehensive view of its business partners’ ESG performance and is now incorporated in the company’s vendor accreditation process.
Through this program, Meralco is better positioned to heighten and operationalize its sustainability agenda―called Powering the Good Life―by ensuring a sustainable supply chain.
Meralco, through its Supply Chain Management office, maintains a network of active suppliers and contractors integral to the company’s ability to deliver high quality and reliable electric service to its customers. SCM has so far implemented MS3 to its top suppliers, which account for 95 percent of the company’s spend.