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The SM Mall of Asia (MOA) Complex, a 67-hectare landmark along Manila Bay, showcases SM Prime Holdings’ commitment to leveraging technology and innovation for disaster resilience and community protection for all its projects. Initially conceived as a pioneering mixed-use development on reclaimed land spearheaded by the Philippine government, it has evolved into a benchmark of safety and stability, fulfilling the vision of founder Henry Sy, Sr., who aspired to create “a destination that brings joy and opportunities to millions.” Hans Sy, the chairman of the SM Prime Executive Committee and co-chair of ARISE Philippines under the United Nations Office of Disaster Risk Resilience (UNDRR), builds on his father's vision by stressing the significance of developing resilient, sustainable spaces that put community well-being and safety first. "We believe that safety is the cornerstone of thriving communities," Mr. Sy states. In affirmation of this belief, he stands as the first F...

  SM Prime leads the way in sustainable development, integrating sustainability into its core business strategy. Nowadays, sustainability is a key factor in all sectors of the economy. One of Asia's top integrated property developers, SM Prime Holdings, Inc. (SM Prime), elevates sustainability through a strategic framework that makes use of its broad operations, substantial economic impact, and cultural influence. SM Prime’s sustainability journey began in the 1990s, guided by a focus on resilience and practicality. The company has always valued substance over style, favoring strategies grounded on real-world application rather than flashy, short-term fixes.  Its strategy is built on what truly matters to the business and the community it serves, ensuring that its sustainability efforts are both effective and enduring. In its 2023 Annual Integrated Report, SM Prime introduced its Sustainability Ambition Roadmap with a clear and powerful message: Together for a sustainable futu...

As we enter the typhoon season, recent extreme weather events have once again underscored the Philippines' vulnerability to such conditions. It is obvious that participating in the international discussion on reaching net zero emissions is essential as the country struggles with the possible fallout. The necessity for the Philippines to take a leading role in the battle against climate change has been brought to light by this storm, both to lessen its effects going forward and to help find global solutions. The concept of net zero refers to balancing the amount of greenhouse gases emitted with an equivalent amount removed from the atmosphere. For the Philippines, a country frequently in the crosshairs of severe weather, achieving net zero is a crucial step towards enhancing climate resilience. The recent typhoon has made it evident that the country cannot afford to be a bystander in the global efforts to combat climate change. Instead, it must be a proactive player, advocating for ...

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, is embarking on a unified waste management and segregation campaign in response to the growing global crises on waste. It aims to bring all its property groups and stakeholders toward an #SMWasteFreeFuture. According to the United Nations Environment Programme (UNEP), humanity generates more than 2 billion tons of municipal solid waste annually, of which 45 percent is mismanaged. Without urgent action, municipal solid waste will double to almost 4 billion tons each year by 2050. On December 14, 2022, the United Nations General Assembly proclaimed March 30 as the International Day of Zero Waste. The following year, UNEP inaugurated the First International Day of Zero Waste, to bolster actions to address the global pollution crisis. It aims to encourage global action and bring the world’s attention to zero waste. Strong foundations SM Prime’s founding leader, Henry Sy, believed that “...

Photo credit to Anamul Rezwan. Construction jobs are generated from new urban developments. Cities worldwide, while diverse in demographics and culture, share a common pursuit of progress through new urban developments. These projects not only enhance convenience amid urban congestion but also stimulate local economies and communities through various socio-economic activities like job creation. Whether in the form of public transportation, cutting-edge business districts, or towering residential communities, a single new development requires a whole host of jobs from pre-construction, to construction, and completion. These range from real estate developers and planners to construction workers and suppliers – all requiring extensive collaboration for successful project development. Hudson Yards: Direct and indirect employment opportunities Photo credit to Following NYC. Featuring ‘Vessel’, a honeycomb-like structure and visitor attraction in the Hudson Yards Development in Manhattan, Ne...

(From left to right) SM Prime Energy Consultant Jaime Patinio, SM Prime Chief Finance Officer John Nai Peng Ong , SM Prime President Jeffrey Lim, CREC Chairman Edgar Saavedra, CREC President & CEO Oliver Tan, CREC Sr. Manager Sales & Energy Trading Jerard Garcia SM Prime Holdings, Inc. (SM Prime) and Citicore Renewable Energy Company (CREC) signed a Memorandum of Agreement on 11 July 2023 as a joint commitment to champion renewable energy. Through this partnership, SM Prime will source its energy requirements of up to 90-Megawatts (MWac) from CREC’s upcoming Lumbangan Solar Power Plant in Tuy, Batangas. The long-term agreement will commence in the first half of 2024. This is in line with the Retail Competition and Open Access (RCOA) policies of the Department of Energy. This development further strengthens both CREC and SM Prime's commitment to the Department of Energy's program of moving up the renewable energy supply component of the Philippines to 35% by the year 203...

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, has been recognized by three international award-giving bodies for excellence in transparent Environmental, social, and governance (ESG) reporting for its 2021 Annual Integrated Report entitled "Together, We Rise". SM published its sustainability reports since 2013 even before the Securities and Exchange Commission (SEC) mandated sustainability reporting in the Philippines. SM Prime further promotes transparency and accountability by informing investors and stakeholders of its ESG performance and impacts, decision-making processes, and competitive positioning value in the sector. “We are honored to receive these awards as a recognition of our commitment to provide transparent reporting in our sustainable practices. We value all our stakeholders, and we strive to enrich the quality of life of the Filipino people,” SM Prime President Mr. Jeffrey Lim said. At the summit of in...

More than just an area where students gather to hold classes, a school environment plays a vital role in learners’ cognitive development. Research has shownthat with an environment conducive to learning, students increase their attention and focus, and they are more motivated to practice higher-level critical thinking skills. Adamant to provide students with venues where they can fully hone their skills and knowledge, SM Foundation (SMFI)—the corporate social responsibility arm of the SM group—cemented its partnership with the Department of Education (DepED) in 2002 through DepEd’s Adopt-A-School Program. Through this, SMFI builds SM school buildings in grassroot communities, complete with basic furniture and equipment. More so, SMFI integrates specialized features to each SM school building to address the unique needs of their school recipients—some received rooms dedicated as a guidance office, a clinic, a mini-library, and some even got a water tank and a hand washing facility. To d...

E-com Centers at the Mall of Asia Complex Many people have become more aware of the importance of sustainability in everyday living during the two years that the world faced the impacts of the COVID-19 pandemic. Environmental awareness has caught on through practices such as shifting to paperless, reducing plastic use and planting more trees. For property developers, taking part in this movement means transitioning into green buildings and developments. Such is the case for SM Prime Holdings, Inc. (SM Prime), a publicly listed subsidiary of SM Investments Corporation (SMIC) that is committed to building innovative and sustainable lifestyle cities. SM Prime is future-proofing its developments to be more responsive and adaptive to community needs and the effects of climate change in line with comprehensive sustainability goals ranging from energy to ecology. Over the years, SM Prime has continued to elevate its approach to building and development of community spaces.  All these gree...

1 SM Prime Holdings (SMPHI) recently announced its support for the global search for women leaders in disaster resilience. 2 For the second consecutive year, SMPHI is sponsoring Women’s International Network on Disaster Risk Reduction (WIN DRR) Leadership Awards, a flagship program of the United Nations Office for Disaster Risk Reduction (UNDRR). 3 SMPHI Vice President for Corporate Compliance Liza B. Silerio said that the support is aligned with the company’s drive to recognize women’s leadership in disaster risk reduction. “This is important in inspiring other women to fully and effectively participate in promoting gender equality and empowerment while building our collective resilience.” 4 UN Special Representative of the Secretary-General for Disaster Risk Reduction Mami Mizutori expressed gratitude for the support, stating, “The awards highlight the key role of women as leaders and agents of change in building resilience and actively participating in the creation and implementatio...

SM Prime Holdings, together with SM Cares and SM By the Bay once again took part in the annual International Coastal Cleanup (ICC), bringing together thousands of volunteers into an event that underscored the importance of protecting the world's seas, oceans, and other bodies of water. The event was held last September 17 at the SM By the Bay Central Park, SM Mall of Asia Complex in Pasay City. A total of 2,438 volunteers joined this year's ICC, composed of students, professionals, and others from different private and public organizations. At the end of the activity, an estimated 12,158 kgs of trash, equivalent to a total of 1,613 trash bags filled, was successfully collected. Among those who graced the event were Climate Change Commission Vice Chairperson Sec. Robert Borje, Department of Environment and Natural Resources - National Capital Region (DENR-NCR) Regional Executive Director Jacqueline A. Caancan, DENR-NCR Regional Executive Director for Technical Services Engr. Ign...