#SMWasteFreeFuture aims to promote good practices for better waste segregation

by Info @Brand Zone | August 2, 2024

Manila – August 2, 2024. When it comes to proper segregation of waste, every small action counts. This is what leading integrated property developer SM Prime Holdings, Inc. aims to promote through its #SMWasteFreeFuture program which it launched in June, in celebration of the World Environment Day. 

The program is designed to reduce overall waste generation through effective waste segregation, and enhance waste diversion rate by diverting waste away from landfills through recycling, composting, and other sustainable disposal methods.

Bin it right

Data from the United Nations Environment Programme (UNEP) reveals that two billion tonnes of municipal solid waste is generated each year.  Unmanaged waste results in a blockage in major drainage and water systems and consequently contributes to massive urban flooding especially during the monsoon season in the country.

Effective waste segregation starts with the ability to responsibly separate high-value recyclables from the disposables.  

SM Prime introduced a new segregation scheme with simple and easily remembered labels: Recyclable, Disposable, and Compostable. Shortened as “RDC,” it is a straightforward scheme to understand that all high value recyclable waste goes to one bin to make segregation practical, fast, and easy. 

Recyclables that are considered high value are plastic bottles, aluminum cans, glass jars, cardboard, and paper. When properly segregated, they may be spared from ending in landfills. Single-use plastic water bottles made from PET, or polyethylene terephthalate, are easily recycled and are considered high value. 

With every thoughtful toss, reducing waste and conserving natural resources support a sustainable future.

The power of collective effort

“This is a learning process and it will not be perfect. Being open to new ways of doing things and of putting into action every little step is crucial in advancing waste management solutions. We highly encourage all of you to give us feedback. We are taking a small step towards a long journey,” said Sustainability Champion and SM Engineering Design and Development Corporation President Hans "Chico" T. Sy, Jr. during the launch held at the SM Mall of Asia last June.

Sy further emphasized the power of collective effort and encouraged everyone to turn this initiative into a habit. “Now it’s up to you and every individual here in attendance, to embrace the cause of change. We are given the opportunity to work on the biggest problems of our community when the planet truly needs it. Let’s not waste this opportunity,” he added.  

About #SMWasteFreeFuture

#SMWasteFreeFuture is one of SM Prime’s programs on environmental sustainability to encourage green practices in resource management, environmental impact, and the social well-being of the community for a waste-free world. 

SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people. SM Prime is pursuing the next horizon on integrated property development and onward to building sustainable cities of the future.  

To learn more about #SMWasteFreeFuture and RDC, visit the site: https://www.smprime.com/sustainability/smwastefreefuture/ 

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Generation Restoration: A young community working towards a #SMWasteFreeFuture. Girl Scouts of the Philippines members sign their commitment for their future.

Full house. The SM Mall of Asia Music Hall was packed during the June 5, World Environment Day, #SMWasteFreeFuture launch.

RDC is as easy as ABC! The use of simple and easily remembered labels: Recyclable, Disposable, and Compostable, is a straightforward scheme to understand which waste goes to which bin to make segregation practical, fast, and easy.

No to E-waste. Electronics also contain a high-value recyclable resource that ends up in the landfill.  Head to your nearest Cyberzone in any SM mall to dispose of old gadgets and electronic waste properly.

Protecting communities: SM Prime remains committed to disaster resiliency innovations

by Info @Brand Zone | July 31, 2024

SM Prime remains committed to ensuring the integration of climate adaptation and sustainability into its projects while expanding partnerships with government and other stakeholders to grow more resilient communities.

SM Prime Holdings executive committee chairman Hans T. Sy believes the government and private sector must work together in finding solutions for greater resiliency so disaster risk reduction is one of its core business strategies.

“Resilience is not just a word, it is a way of life. It is a commitment to ensure that we act on our responsibility to care for others and that no one is left behind,” Sy said. 

SM Prime Holdings recently marked its 30th year as a publicly-listed company highlighted by its exemplary track record of sustainable development.

He said climate adaptation and resilience are keys to thriving despite damage and losses brought about by climate change, and SM has translated this to action with a significant portion of its capital expenditure allocated to incorporate resiliency and sustainability in its infrastructure designs

As an engineer, Sy said he remains passionate about constructing well-designed structures that are not only efficient, but strong and resilient. Sy sits on the Philippine board of ARISE Private Sector Alliance for Disaster Resilient Societies of the United Nations, and he is co-chairman of the National Resilience Council, a private-public sector initiative whose goal is to strengthen the resilience of local government units.

SM Prime’s mall arm, SM Supermalls, has been leading in climate adaptation through effective mitigation of flood risks in the communities where these malls serve.

Liza Silerio, SM Supermalls head for corporate compliance and sustainability, said a prime example is the network of more than 25 rainwater catchment basins strategically positioned in SM malls across the country. These reservoirs act as crucial buffers during heavy downpours, collecting and holding excess rainwater to prevent flooding in surrounding communities. 

“We've seen firsthand how our catchment basins have spared communities around our malls from severe flooding during typhoons like Carina. This validates our commitment to investing in sustainable and resilient infrastructure,” Silerio said.

She cited the SM Mall of Asia Complex, designed with a sturdy seawall to protect the surrounding communities from potential storm surges or rising sea levels. The property also uses specialized foundation systems to provide more robust protection against liquefaction and seismic events. 

The first of catchment basins, built at SM City Masinag in 2011, has a capacity of 17,681 cubic meters – equivalent to over seven Olympic-sized swimming pools. Located underneath the premises of these catchment basin malls, the combined rainwater reservoirs have a total capacity of 85,272 cubic meters, collecting floodwaters and protecting nearby communities.

SM City Masinag’s rainwater catchment basin has lowered flood levels in villages along Marcos Highway.

The catch basin design of SM City Masinag has a capacity of 17,681 cubic meters – capable of holding enough water to fill over seven Olympic-sized swimming pools.

Also, the United Nations Office for Disaster Risk Reduction (UNDRR) recognized SM City Marikina for being a prepared facility during calamities. Its proximity to the Marikina River and the area’s flood history necessitated the mall’s elevation onto 246 concrete stilts, allowing flood water to enter and flow through the structure away from residential areas and avoid damage to the mall itself.

SM City Marikina is a mall on stilts, a safety feature that allows floodwater to flow through the development and away from nearby communities.

SM Supermalls, together with its holding company SM Prime, remain committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people. SM Prime is pursuing the next horizon on integrated property development and onward to building sustainable cities of the future. 

Silerio assured that the SM malls have facilities and structures that take into account natural hazards, thus protecting communities around them.

SM Prime widens the landscape in renewable energy

by Info @Brand Zone | July 31, 2024

As part of its net-zero commitment by 2040, one of Asia’s leading real estate and property developers, SM Prime Holdings, Inc. (SM Prime), partnered with global integrated energy company TotalEnergies for the installation of a 2 Megawatt-peak (MWp) Solar Photovoltaic (PV) System Rooftop project in Pasay City.

The partnership venture aligns with SM Prime’s efforts in expanding its renewable energy portfolio and affirms TotalEnergies’ commitment to advancing renewable energy solutions in various urban settings. 

Designed with a power yield of 3,000 Megawatt-hour (MWh) of electricity annually, the solar partnership project has over 3,672 PV panels installed and is expected to provide huge cost savings for SM Prime. Located at the MOA Square in the Mall of Asia Complex, the solar installations are expected to reduce the building’s carbon footprint by about 1,430 tons of carbon dioxide (CO2) emissions annually.

More than 3,600 solar panels were installed on the roof of MOA Square in the Mall of Asia Complex. 

"SM Prime is proud to work alongside TotalEnergies on this project. This partnership is our commitment to sustainability and achieving Net Zero by 2040. We are also taking a proactive stance in supporting the Department of Energy’s (DOE) target of reaching 35% renewable energy by 2030. Together, we’re driving meaningful change towards a more environmentally conscious future," said John Nai Peng Ong, SM Prime Chief Finance Officer.  

“We are thrilled to announce the successful deployment of solar rooftop installations at the Mall of Asia in the Philippines, marking a significant achievement in both environmental and economic sustainability for SM Prime,” said Elodie Renaud, Managing Director of TotalEnergies Renewables Distributed Generation Asia. 

For the past few years, SM Prime continues to grow its partnerships with key clean energy players, leveraging its relationships and earned experiences to drive its environmental stewardship campaign. Capitalizing on these partnerships has provided for SM Prime huge economic, environmental, and social dividends.

In 2022, SM Prime secured a long-term deal with AboitizPower for its clean energy supply. Under the agreement, AboitizPower will provide reliable and responsibly-sourced energy from Tiwi-MakBan Geothermal Power Plants, and PV Sinag’s Power Plants, operated and managed by AboitizPower subsidiary, Aboitiz Renewables, Inc. (ARI). 

The following year, SM Prime signed a memorandum of agreement with Citicore Renewable Energy Company (CREC), wherein SM Prime will source 90 megawatts (MWac) from CREC’s upcoming Lumbangan Solar Power Plant in Tuy, Batangas. 

Apart from contributing to the DOE’s 35% renewable energy goal by 2030, all these partnerships are aligned with the energy department and Energy Regulatory Commission’s (ERC) policy of expanding the adoption of Retail Competition and Open Access (RCOA) in the energy industry.

To date, SM Prime currently sources at least 50% of its electricity utilization from clean, renewable energy. 

SM Prime supports the Philippine government’s aim to increase the country's renewable energy supply component to 50% by the year 2040. It remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people. SM Prime is pursuing the next horizon on integrated property development and onward to building sustainable cities of the future.