Philippine Seven Corporation (PSC), the exclusive licensee of 7-Eleven in the Philippines, achieved a new milestone with the opening of its 4,000th store that utilizes renewable and sustainable energy using solar panels as part of the company’s efforts towards more sustainable and environmentally friendly store practices. The store is located in Newport District in Pasay City.
PSC has always taken a proactive approach to sustainability to show its commitment as a responsible organization in line with sustainable development goals. With the installation of solar panels, the company hopes to further reduce its carbon footprint and promote environmental awareness to its customers, which it will also do through new programs aimed at reducing single-use waste.
The company is still vying for solar panel suppliers, although the initial test project came from Phinma Solar.
Through this initial installation, the company has seen 12% – 15% savings on electricity consumption, and it is optimistic about the benefits of renewable energy from a resource management standpoint.
PSC is looking at installing solar panels to 20% – 30% of new stores especially under ground-up transactions or those stores that they have put up. Some stores, naturally are in buildings, or structurally will not allow for solar panels.
Apart from the opening of 7-Eleven’s 4,000th store, the company is also celebrating its 40th anniversary, a four-decade of providing convenience and comfort to its customers. PSC also opened a new store in Angeles City, Pampanga.
“Celebrating 40 years in the Philippines and opening our 4,000th store is a significant achievement for us. It underscores our commitment to delivering convenience and exceptional service. We’re excited to keep serving our communities and look forward to the future,” said PSC president and CEO Jose Victor Paterno.
Co-founder and chairman of the Board Jose T. Pardo said, “Reaching 4,000 stores is an incredible milestone that reflects the trust and loyalty we’ve earned from our customers over the years. It’s also a tribute to the hard work and dedication of our team. We are proud to continue being an integral part of Filipino daily life. To celebrate its 40th anniversary, PSC launched a year-long campaign, “Forty-gether kasama ang paborito mong kapitbahay.” This highlights the brand’s journey from a single store to a nationwide presence and reinforces its role as a cherished neighborhood companion.
