HI Group generated PhP37,260M of direct economic value impact and redistributed 90% of this to operating expenses, employee compensation, suppliers, capital providers, and the government coffers among the various stakeholders. The economic value generated for the year posted an increase of 221% against the prior year. The inclusion of the financial services and insurance segment in 2024 contributed to a significant portion, about 95%, of the value generated. The addition of the financial services and insurance segment has expanded our value chain and stakeholder base. Further, the education and property segments posted improvements in the results of their operations contributing to the increase in the value generated for the year.

The Group intentionally transitioned to using renewal energy in accordance with its climate action initiatives. The property segment is currently using 100% renewal energy, mostly from renewal energy providers. The other subsidiaries also contracted with providers for the purchase of renewal energy. For the year 2024, the renewable energy share to the total consumption increased to 24%, from a 1% share in 2023.

There were no reported corruption incidence, reported monetary and non-monetary fines for non-compliance with environmental laws and/or regulations, nor reported legal actions or employee grievances involving forced or child labor during the year. HI and its subsidiaries are compliant with labor laws and regulations. On the technology side, there were no reported complaints on customer privacy, reported data breach, and unauthorized disclosure of personal data.