ESG Agriculture and Philippine National Oil Company (PNOC) have recently announced a strategic collaboration aimed at transforming agricultural practices in the Philippines.
With support from the Australian Embassy, through the Australia Philippines Business Council (APBC) and the Jacinto Group, a pioneer in sustainable dining, promoting accessible, eco-conscious food solutions, ESG Australia, a member of APBC, and PNOC presented a letter of intent (LoI) on Sept. 9, 2024.
(From left) Australia Philippines Business Council President Rafael Toda, APBC Executive Advisor Joey Leviste, Ares Merchants Philippines Inc. Managing Director Jose Leonardo Tañada and Northern Star Energy COO Juan Miguel Delgado
The LOI outlines their commitment to explore a Memorandum of Understanding (MOU) and an Offtake Agreement for the supply of lignite. The partnership seeks to harness lignite’s unique properties to produce sustainable fertilizers that can reduce chemical inputs in farming, lower environmental impact, and boost agricultural productivity.
From left: Mr. Rafael Toda – President of President of Australia Philippines Business Council; Mr. Jimmy Bacud – Vice President, Upstream Operations Division of PNOC-EC; Mr. Mark Scanlon – Director of ESG Agriculture; and Ms. Luisa Rust – Senior Trade and Investment Commissioner Minister-Counsellor (Commercial) – Austrade
Find further information from these media sources below: Manila Times - Stakeholders support ESG Agriculture-PNOC partnership
Philippines Graphic - Industry Stakeholders Support ESG Agriculture-PNOC’s Game-Changing Partnership
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