AboitizPower subsidiary Davao Light and Power Co., Inc. is set to be evaluated by an independent third party to obtain the ISO 55001 Asset Management System (AMS) standard and ensure that the distribution utility is always functioning at peak performance.
The ISO 55001 Asset Management System is an international standard that aims to help organizations manage and optimize both physical and intangible assets more effectively throughout their lifecycle.
By implementing this, the company will have better control over its daily activities, achieve higher business profitability, and ensure operational efficiency.
This will also further improve Davao Light’s asset information accuracy and network availability and reliability, enabling the company to give world-class services to its customers.
“We are aiming to be ISO 55001 certified by the 4th quarter of 2022. Early this year, we conducted orientations per department and training has already started to meet the timelines of this project,” said Davao Light President and COO Engr. Rodger Velasco.
An internal audit exercise was conducted to determine if Davao Light’s AMS is in adherence to the requirements of ISO 55001:2014, identify opportunities for improvements of the established AMS, and assess the readiness of the company for the certification audit.
In 2020, Davao Light attained its re-certification for the ISO 9001:2015 or the Quality Management System (QMS) and passed the surveillance audit for ISO 45001:2018 – Occupational Health and Safety (OH&S) Management System and ISO 14001:2015 – Environmental Management (EM) System as part of maintaining the quality service that the company provides to its customers.
Davao Light is the third-largest privately-owned electric distribution utility in the country in terms of customer size and annual kWh sales. Davao Light’s franchise area covers Davao City, areas of Panabo City, and the municipalities of Carmen, Dujali, and Santo Tomas in Davao del Norte, with a population of approximately 2.2 million and a total area of 3,561 square kilometers.