Ayala Corporation is a diversified conglomerate based in the Philippines that operates in various sectors, including real estate, banking, telecommunications, water infrastructure, and energy. The company has a long history of promoting sustainable development and environmental stewardship, and has recently made significant investments in renewable energy and decarbonisation initiatives.

One of Ayala Corporation's key business units is its Energy Group, which is responsible for developing and operating power generation facilities, as well as providing energy-related services to customers. The Energy Group has a strong focus on renewable energy, and has set a goal to achieve a 50% renewable energy mix by 2025. To achieve this goal, the company has invested in various renewable energy projects, including wind, solar, and hydroelectric power.

One of Ayala Corporation's flagship renewable energy projects is the 81 MW wind farm in Bangui, Ilocos Norte, which was commissioned in 2005. The wind farm consists of 20 wind turbines that generate clean energy for the Luzon grid, and has helped to reduce the Philippines' dependence on fossil fuels. The company has also invested in solar power projects, including a 10 MW solar farm in Negros Occidental, which was commissioned in 2016.

In addition to developing its own renewable energy projects, Ayala Corporation is also a leader in corporate power purchase agreements (PPAs), which allow companies to purchase renewable energy directly from generators. The company has signed several corporate PPAs with renewable energy developers, including a 10 MW solar PPA with Solar Philippines in 2018. These agreements help to support the growth of the renewable energy industry in the Philippines, and enable companies to reduce their carbon footprint and meet sustainability goals.

Ayala Corporation is also committed to reducing its own carbon footprint and promoting decarbonisation across its operations. The company has set a goal to reduce its greenhouse gas emissions by 50% by 2030, and has implemented various initiatives to achieve this target. These include energy efficiency measures, such as the installation of LED lighting and the use of energy-efficient equipment, as well as the adoption of low-carbon transportation options.

One of Ayala Corporation's key decarbonisation initiatives is its Corporate Energy Program, which aims to promote energy efficiency and renewable energy adoption among its subsidiaries and affiliates. The program provides technical assistance and financial support to help companies reduce their energy consumption and transition to renewable energy sources. Through this program, Ayala Corporation has helped to reduce the carbon footprint of its subsidiaries and affiliates, and has promoted sustainable development across its business units.

In conclusion, Ayala Corporation is a diversified conglomerate based in the Philippines that operates in various sectors, including energy, real estate, banking, and telecommunications. The company has a strong focus on sustainability and environmental stewardship, and has made significant investments in renewable energy and decarbonisation initiatives. Through its Energy Group, Ayala Corporation is developing and operating renewable energy projects, as well as promoting corporate PPAs and energy efficiency measures. The company is also committed to reducing its own carbon footprint and promoting decarbonisation across its operations, through initiatives such as its Corporate Energy Program. As such, Ayala Corporation is a leader in the Philippines' transition to a low-carbon economy, and is helping to drive sustainable development across the country.