First Gen Corp - ESG Rating & Company Profile powered by AI
Comprehensive ESG assessment of First Gen Corp can be accessed by logging in. This SDG assessment for First Gen Corp indicates the company's reporting of the UN SDGs. If you are employed by First Gen Corp and you wish to licence your Sustainability rating, please get in touch.
First Gen Corp in the Electric Utilities industry gained a UN SDG ESG Transparency Score of 6.3; made up of an environmental score of 8.0, social score of 6.2 and governance score of 4.6.
6.3
Medium ImpactEnvironmental
Social
Governance
Peer Group Comparison
| Rank | Company | SDG Transparency Score ⓘ | Performance |
|---|---|---|---|
| 1 | Algonquin Power & Utilities Corp | 9.1 | High |
| 2 | Alliant Energy Corp | 9.0 | High |
| 258 | Pacifico Renewables Yield AG | 6.5 | High |
| 258 | Verbund AG | 6.5 | High |
| 269 | First Gen Corp | 6.3 | High |
| 269 | EDP Espirito Santo Distribuicao de Energia SA | 6.3 | High |
| 269 | CK Power PCL | 6.3 | High |
| ... | ... | ... | |
| 763 | Yorkshire Electricity Group PLC | 0.0 | Low |
| 763 | Zakarpattiaoblenerho PrAT | 0.0 | Low |
| ... | ... | ... |
Frequently Asked Questions
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Potential Risks for First Gen Corp
These potential risks are based on the size, segment and geographies of the company.
First Gen Corporation, through its subsidiaries, engages in the power generation business in Philippines. As of December 31, 2020, the company had an installed capacity of 3,492 megawatts (MW). It operates through FGPC, FGP, FNPC, Prime Meridian, EDC and Subsidiaries, and FG Hydro segments. The FGPC segment operates Santa Rita, a 1,000 MW combined cycle, natural gas-fired power plant. The FGP segment operates San Lorenzo, a 500 MW combined cycle, natural gas-fired power plant. The FNPC segment owns and operates San Gabriel, a 420 MW natural gas-fired power flex plant. The Prime Meridian segment owns and operates Avion plant, a 97 MW open-cycle natural gas-fired power plant. The EDC and Subsidiaries segment holds service contracts with the Department of Energy to explore, develop, and utilize the resources in the relevant 10 geothermal contract areas. It also owns a 150 MW Burgos Wind and 6.82 MW Burgos Solar power plants that are situated in Burgos, Ilocos Norte. FG Hydro segment operates Pantabangan-Masiway, a 132 MW Hydroelectric Plant. It serves electric cooperatives, privately-owned distribution utilities, and large industrial clients. The company has a joint cooperation agreement with Tokyo Gas Co., Ltd to pursue the design, development, testing, commissioning, construction, ownership, and operations and maintenance of the IOT Project. First Gen Corporation was incorporated in 1998 and is based in Pasig, the Philippines. First Gen Corporation is a subsidiary of First Philippine Holdings Corporation.