SNAP wins NordCham Community Impact Award for empowering its host communities
In Photo: (L-R) Centre Medicale Internationale President Gary de Ocampo, SNAP President and CEO Joseph Yu, SNAP Corporate Social Responsibility and Sustainability Sr. Manager Enrico Laluan, SNAP Head of Sales and Marketing Shan Benjamin Buyco, and Nordic Chamber of Commerce (NordCham) Executive Director Axel Fries during the 2025 NordCham Business Awards held on August 6 at the BDO Tower in Makati.
Renewable energy solutions provider SN Aboitiz Power Group (SNAP)won the Community Impact Award at the 2025 Nordic Chamber of Commerce (NordCham) Business Awards, held on August 6 at the BDO Tower Valero in Makati.
The award is one of the categories of the annual 2025 NordCham Awards. It recognizes organizations that contribute toinclusive developmentthrough social impact, community engagement, social innovation, and the integration of sustainability into its core operations. SNAP stood out among this year’s nominees in the category for its dedication to volunteerism, sustainable development, and uplifting its host communities.
“SNAP believes that business success is deeply intertwined with the well-being of the communities we serve,” said Joseph Yu, SNAP President and Chief Executive Officer. “Throughout our 18 years of operations, our focus on community development has defined the way we do business. Tonight’s award affirms the impact of the time, effort, and investment we have dedicated to building value with our host communities. We are deeply grateful to everyone who has been part of this mission.”
For nearly two decades, SNAP has been a trusted partner of local government units, host communities, and Indigenous Cultural Communities/Indigenous Peoples. Guided by the principles of transparency, collaboration, and shared growth, the company has built strong relationships with stakeholders across its areas of operation in the provinces of Benguet, Ifugao, Isabela, and Nueva Vizcaya.
Through its business units, SNAP-Benguet and SNAP-Magat, the company has financed 1,196 host community-driven projects under the company’s Community Investment and Development Program (CIDP). As of 2024, SNAP has voluntarily invested over Php 590.4 million through CIDP, supporting initiatives that drive community development across key areas such as health, education, livelihood, infrastructure, governance, environment, and support forIndigenous Peoples.
SNAP’s win this year not only celebrates its impact but also reinforces its mission of energizing a more sustainable future. The company was previously recognized at theNordCham Awards, earning runner-up honors for both CSR Business Partner of the Year and Sustainability Business Partner of the Year in 2023, and was also a finalist for Sustainability Business Partner of the Year in 2022.
The NordCham Sustainability Awards are part of the annual Nordic Business Awards organized by the Nordic Chamber of Commerce, which honor companies in the Philippines and across Southeast Asia for excellence in sustainability, corporate responsibility, and ethical business practices. #
About SNAP:
SNAP is a renewable energy producer and developer. It owns and operates the 112.5-MW Ambuklao and 140-MW Binga hydroelectric power plants in Benguet; the Magat hydroelectric power plant, which has a nameplate capacity of 360 MW and maximum capacity of 388 MW on the border of Isabela and Ifugao; the 8.5-MW Maris hydro; and the 24-MW Magat battery energy storage facility in Isabela. The non-power components, such as dams, reservoirs, and spillways, are owned, managed, and operated by the government. SNAP is a joint venture of Scatec and Aboitiz Renewables, Inc. (ARI).
Scatec is a leading renewable energy solutions provider, accelerating access to reliable and affordable clean energy. As a long-term player, it develops, builds, owns, and operates renewable energy plants, with 6.2 GW in operation and under construction across five continents today. It is committed to grow its renewable energy capacity, delivered by passionate employees and partners who are driven by a common vision of ‘Improving our Future’.
ARI is the renewable energy arm of Aboitiz Power Corporation, leading the company’s push toward a cleaner and more sustainable energy future for the Philippines. It develops, builds, operates, and grows a diversified portfolio of renewable energy projects, including solar, wind, hydro, geothermal, and energy storage. #
