Global Business Power Corporation (GBP) is an independent power producer operating a total gross capacity of 854 MW across eleven power generation facilities in the Visayas and Mindoro Island. To support the growing energy needs of a dynamic nation, GBP
broadens its reach to include foothold in the emerging Mindanao market through a 50% stake in Alsons Thermal Energy Corporation.
GBP envisions to become a total sustainable energy solutions provider in the country, heeding the global call for sustainable development while utilizing diversified yet complementary energy technologies to provide power to its communities and customers. Its mission is to raise the quality of life of the Filipinos and fuel economic development by investing in innovation as well as its people. GBP’s corporate values of Passion for Excellence, Innovation, Ownership, Integrity, Care for Environment, Teamwork, and Care for Employees, empower its people to transform the company’s vision and mission into reality.
Corporate Culture and Company Activities
Passion for Excellence highlights the core of GBP’s corporate culture. Its drive to excel and deliver beyond compliance is a reiteration of GBP’s commitment to serve its customers, communities, and the nation as a whole, for the bigger purpose of enlightening lives and
empowering progress.
Recognizing that its people are key in delivering quality service to its stakeholders, the Company has cultivated a strong culture of learning and development within its ranks. GBP has established the GBP Institute for Energy (GIE) to promote operational efficiency through technical training, particularly on clean coal technology. In fostering engagement and teamwork, GBP implements a roster
of employee-oriented activities such as teambuilding, sports fests, anniversary and Christmas celebration.
As GBP aims to grow together with its surrounding communities, it has designed its corporate responsibility programs (CSR) to address environment, health and education concerns. GBP’s carbon sink projects in Malubog, Toledo, and Lambunao, Iloilo are reforestation
projects that not only aim to improve forest cover but provide livelihood opportunities at the same time. Its health program under the Adopt-a-Health Center project serves an average of 40,000 patients a year, while its scholarship program has provided assistance to a total of 783 scholars during school year 2018-2019.
Achievements and Impacts
The Company traces its foundation in 2003, when Mirant Global Corporation was established with operations under Toledo Power Co. (TPC), Panay Power Corporation (PPC) and GBH Power Resources Inc. (GPRI). Since then, the company has grown its capacity fourfold from 185.5 MW to 854 MW today. It has become one of the leading independent power producers in the Visayas and has helped the region achieve a higher growth trajectory. Back in 2008, Visayas had to endure rotating brownouts due to tight power supply. GBP answered the government’s call for additional supply by putting up a 3x82 MW Circulating Fluidized Bed boiler plant in Cebu through Cebu Energy Development Corporation (CEDC). This was followed by a 2x82 MW CFB facility in Iloilo through Panay Energy Development Corporation (PEDC).
Supporting GBP’s operational strength is an engaged and talented workforce. GBP has taken steps to enhance employee skills and build leaders from within. GBP currently employs 947 employees across five subsidiaries, with a low turnover rate of 4 percent. 35 percent of its management team are women, while the entire Cebu Operations is led by a woman.
Because of its strong commitment to employee development, GBP has been named one of the best companies to work for in the country and the region by HR Asia, the region’s most authoritative publication for HR professionals. GBP’s operational and environmental performance has likewise garnered consistent environmental awards and recognition from the Department of Environmental and Natural Resources and Pollution Control Association of the Philippines for its environmental management practices and systems.
Future Direction
GBP shall continue to expand the business by including renewable energy in its portfolio. Aligned with its new Vision to become a sustainable energy solutions provider, in response to the changing market dynamics and environmental conditions, GBP pursues innovative approach in ensuring sustainable operations by carrying out cost effective measures and offering value added
services for the benefit of the consumers.
CORPORATE EXCELLENCE
Global Business Power Corporation
Global Business Power Corporation (GBP) is an independent power producer operating a total gross capacity of 854 MW across eleven power generation facilities in the Visayas and Mindoro Island. To support the growing energy needs of a dynamic nation, GBP
broadens its reach to include foothold in the emerging Mindanao market through a 50% stake in Alsons Thermal Energy Corporation.
GBP envisions to become a total sustainable energy solutions provider in the country, heeding the global call for sustainable development while utilizing diversified yet complementary energy technologies to provide power to its communities and customers. Its mission is to raise the quality of life of the Filipinos and fuel economic development by investing in innovation as well as its people. GBP’s corporate values of Passion for Excellence, Innovation, Ownership, Integrity, Care for Environment, Teamwork, and Care for Employees, empower its people to transform the company’s vision and mission into reality.
Corporate Culture and Company Activities
Passion for Excellence highlights the core of GBP’s corporate culture. Its drive to excel and deliver beyond compliance is a reiteration of GBP’s commitment to serve its customers, communities, and the nation as a whole, for the bigger purpose of enlightening lives and
empowering progress.
Recognizing that its people are key in delivering quality service to its stakeholders, the Company has cultivated a strong culture of learning and development within its ranks. GBP has established the GBP Institute for Energy (GIE) to promote operational efficiency through technical training, particularly on clean coal technology. In fostering engagement and teamwork, GBP implements a roster
of employee-oriented activities such as teambuilding, sports fests, anniversary and Christmas celebration.
As GBP aims to grow together with its surrounding communities, it has designed its corporate responsibility programs (CSR) to address environment, health and education concerns. GBP’s carbon sink projects in Malubog, Toledo, and Lambunao, Iloilo are reforestation
projects that not only aim to improve forest cover but provide livelihood opportunities at the same time. Its health program under the Adopt-a-Health Center project serves an average of 40,000 patients a year, while its scholarship program has provided assistance to a total of 783 scholars during school year 2018-2019.
Achievements and Impacts
The Company traces its foundation in 2003, when Mirant Global Corporation was established with operations under Toledo Power Co. (TPC), Panay Power Corporation (PPC) and GBH Power Resources Inc. (GPRI). Since then, the company has grown its capacity fourfold from 185.5 MW to 854 MW today. It has become one of the leading independent power producers in the Visayas and has helped the region achieve a higher growth trajectory. Back in 2008, Visayas had to endure rotating brownouts due to tight power supply. GBP answered the government’s call for additional supply by putting up a 3x82 MW Circulating Fluidized Bed boiler plant in Cebu through Cebu Energy Development Corporation (CEDC). This was followed by a 2x82 MW CFB facility in Iloilo through Panay Energy Development Corporation (PEDC).
Supporting GBP’s operational strength is an engaged and talented workforce. GBP has taken steps to enhance employee skills and build leaders from within. GBP currently employs 947 employees across five subsidiaries, with a low turnover rate of 4 percent. 35 percent of its management team are women, while the entire Cebu Operations is led by a woman.
Because of its strong commitment to employee development, GBP has been named one of the best companies to work for in the country and the region by HR Asia, the region’s most authoritative publication for HR professionals. GBP’s operational and environmental performance has likewise garnered consistent environmental awards and recognition from the Department of Environmental and Natural Resources and Pollution Control Association of the Philippines for its environmental management practices and systems.
Future Direction
GBP shall continue to expand the business by including renewable energy in its portfolio. Aligned with its new Vision to become a sustainable energy solutions provider, in response to the changing market dynamics and environmental conditions, GBP pursues innovative approach in ensuring sustainable operations by carrying out cost effective measures and offering value added
services for the benefit of the consumers.