San Miguel Corp. (SMC) said its subsidiary SMC Global Power Holdings Corp. (SMCGP) planted over 5 million new trees and mangroves from 2019 to date, under its multi-year, nationwide forestation and carbon capture program.
The conglomerate said it is also expanding the scope of the project to reforest areas around its new battery energy storage system (BESS) facilities.
Ramon Ang, SMC president and chief executive officer, said as of October, SMCGP’s Project 747 initiative has yielded 5,010,116 upland and mangrove trees across 1,500 hectares of land.
The project’s goal is to plant seven million trees on some 4,000 hectares of land in at least seven provinces. So far, SMCGP has planted in Albay, Bataan, Bulacan, Davao Occidental, Negros Occidental, Pangasinan, Quezon province and Zambales.
