Impact

Contributing to the United Nations Global Sustainable Development Goals

As a company we believe in the value of serving as a catalyst for sustainable action to help address global economic, environment, and social issues.

Social Impact

Energy/Water Impacts

  • We help enable residents to set up businesses that can feed off of the tourism growth through electrification. This can be crafts, jewelry, and other products that will be bought by the tourism traffic entering the islands
  • We will also directly lead to the employment of power plant staff, which includes security, operators, and administrative and accounting staff.
  • We support LGU and Bureau of Fisheries and Aquatic Resources (BFAR) programs to increase seaweed production and value

Biomass Impacts

Carbon Reduction – Reforestation

  • Melia Dubia yields over 260 tons of biomass per hectare, trees harvested in a way that does not require replacing = SUSTAINABLE
  • Carbon content of Melia Dubia >40% from absorbing CO2 from the atmosphere
  • Carbon content of Melia Dubia >40% from absorbing CO2 from the atmosphere

Corporate Governance

November 20, 2022

ESG Policy

November 29, 2022

CODE of Business Conduct and Ethics

December 1, 2022

Whistleblower Policy

December 10, 2022

Corporate Disclosure Policy

Mary Follmer LaCroix Scholarship Program

Qualifying children of Candlewick team members and of communities in which Candlewick operates are provided merit-based academic scholarships to access tertiary education.