SUSTAINABILITY

 

SUSTAINABILITY

Energy is a basic requirement in modern society. Panama Renewable serves its society by delivering the energy needed to make society work and become prosperous. This year FY (2015-16) Panama Renewable has produced & injected 257295492 kWh of clean energy in to the Grid. Panama Renewable also plays an important role for the benefit of the society as an employer and business partner. Corporate citizenship is emphasized in markets in which the company operates. Panama Renewable has employed directly and indirectly around 372 people from the project benefited communities. Panama Renewable’s responsibility is to contribute to the sustainable development of the society while providing energy solutions that meet societies – needs.

All activities are guided by the Panama Renewable’s core values:

  • Safety means that we care about the health and safety of our employees, contractors and the society. All actions have to be taken in a safe and responsible manner. We continuously make every effort to prevent injuries and occupational illnesses. We put a strong effort on increasing awareness and knowledge on safety and safe behaviour. Our all sites must adhere to a high level of safety from design to operations.
  • Performance means that we focus on passionately achieving our objectives while acting according to our core values. It’s natural for us to perform at our best and continuously evaluate our actions in order to improve. While progressing we will ensure excellence in performance to realize our strategic direction. We do what we say and we keep our promises.
  • Co-operation means that we trust each other and openly work together to achieve our objectives and reach our vision. We want to live in a new era of co-operation – getting to know each other better, thinking, acting and sharing knowledge while learning from each other and exchanging experiences across divisions and functional orders. In the same way, we work together with our external stakeholders.

Panama Renewable believes in adhering to the Guiding Principles laid down by International Finance Corporation (IFC). Panama Renewable emphasizes in engaging with the Stakeholders during the initial phase of project planning. During every project planning Panama Renewable conducts local stakeholder consultation.