AFP

A combination of a fragile natural environment and increasing poverty is encouraging the son of a billionaire business founder to improve their companys social and sustainable efforts.Property group Alliance Global is based in the Philippines, which– being an archipelago of more than 7,000 islands– is especially prone to the impacts of environment change, as CEO Kevin Tan described. “Every year, we experience several catastrophes, varying from simple tropical depressions to hurricanes to even prolonged droughts and dry spells … In current years, we have actually seen these events happen more frequently, and with a much greater ferocity,” he added.Founded by Tans daddy Andrew Tan in 1993, Alliance Global runs in genuine estate, hospitality and food, with assets consisting of casino and hotel complex Resorts World Manila, and the worlds largest brandy distiller, Emperador. Around 30% of the businesss distillery operations are powered this method, while vineyards producing grapes for its Fundador brandy in Spain utilize a process called deficit watering, where only the locations that require water are given it.When it comes to economic advancement, Tan stated the businesss Megaworld “township” residential and office complexes are developing tasks. “We gather all the plastics from all of our developments, from all of our neighborhoods, we put them together and … cement factories, they take this plastic and utilize it as fuel,” Tan said.Tan claimed the company now looks at a “triple” bottom line.