Jollibee Group partners with First Gen Corporation for renewable energy supply

Jollibee Group's partnership with First Gen Corporation marks a significant step towards decarbonizing its Philippine operations. The supply agreement aims to transition 99% of Jollibee's commissaries and logistics centers to renewable energy sources. This initiative aligns with growing corporate sustainability goals and contributes to reducing greenhouse gas emissions within the food and beverage sector. While the financial details remain undisclosed, the scope of the transition suggests a substantial investment in renewable energy infrastructure and a long-term commitment to environmental responsibility. The deal is notable due to the involvement of two prominent Philippine corporations: Jollibee Group, a leading food service company, and First Gen Corporation, a major power generation company with a strong focus on renewable energy. This partnership signals a growing trend of corporate power purchase agreements (CPPAs) in the Philippines, where large consumers directly procure renewable energy to meet their sustainability targets. The agreement could encourage other businesses in the Philippines to explore similar renewable energy solutions, further driving demand for clean energy sources.