CEMEX Holdings Philippines (CHP) has signed a Memorandum of Understanding (MoU) with Philippines-based Manila Water Co to collaborate on sustainability initiatives. Under the MoU both parties will look to accelerate their sustainable objectives on circular economy through the use of biosolids as alternative fuels, reports Manila Bulletin. They will also explore partnering on innovations in sustainable products and services, protection and rehabilitation of biodiversity, and clean energy and efficient water consumption advocacy.
“The intersection of business goals and strategic commitment of both CHP and Manila Water makes this an attractive co-operation to further progress decarbonisation and future energy," said Manila Water Co. "With more businesses considering climate change as one of its top risks and recognising the Philippines as one of the most vulnerable to its impacts, the partnership between CHP and Manila Water seeks to reinforce the role of business to propose better solutions, in response to the climate crisis.”
