AC Energy Philippines submitted today its environmental management plan to the DENR

July 11, 2020 – AC Energy Philippines submitted today its environmental management plan (EMP) to the DENR-Environmental Management Bureau (EMB) detailing the Company’s plans to address the environmental impact of the oil spill that occurred on July 3, 2020. The EMP focuses on the detailed plans of the Company and the relevant timeline for the implementation of such plans in relation to the following key areas which the DENR-EMB stressed and highlighted during the technical conference that it hosted on July 8, 2020: (1) completion of oil spill cleanup and ensuring that water quality is restored to safe levels; (2) continued monitoring of air quality and ensuring that air quality is safe before affected families are allowed to return to their homes; (3) proper collection and disposal of oil contaminated materials and wastes; and (4) rehabilitation plan for the affected mangrove areas and fisheries. Even with the submission of the EMP to the DENR-EMB, the Company will continue to work closely and coordinate with the DENR, as well as with the various government bodies and agencies, including the local governments of Iloilo City and Guimaras, and the Philippine Coast Guard (“PCG”), to implement the EMP and to take into account comments and other recommendations from these government units and agencies.

Our third party consultant, AECOM is closely coordinating with EMB Region 6 and Dr. Rex Sadaba of UP Visayas with regard to the Environmental Management Plan.

Dr. Rex Sadaba is professor in Biology and whose expertise includes mangrove, beach forest and oil spill management. He leads the UP Visayas experts in responding to the oil spill in Iloilo City.

With respect to news reports released today on the filing by the PCG of a criminal complaint against the Company and certain of its officers for alleged violation of Section 107 of Republic Act 8550 (The Philippine Fisheries Code of 1998) as amended by RA 10654 for aquatic pollution, the Company has not received a copy of such complaint and is thus unable to make any specific comment at this time. Even with the filing of this case, however, the Company undertakes and commits to continue cooperating in good faith with the PCG and the other government units and agencies to ensure that the oil spill clean-up is done properly and completed soon, and that the needs of the affected communities and groups are provided for. With the submission of its EMP, and the various clean-up activities that it organized in coordination with industry and local government partners and the community assistance that it provided since the happening of the oil spill, the Company hopes to have demonstrated its serious commitment to do what is right for the affected communities and the environment, including to address the finding of aquatic pollution by the PCG.

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