Wednesday, January 22, 2025

Here Comes the Sun: SM Prime’s Solar Power Revolution

Imagine a world powered by the sun, where clean energy fuels daily life and helps combat climate change. In the Philippines, where sunlight graces the country for roughly 4,440 hours a year, that vision is well within reach—and SM Prime is leading the charge.

SM City Grand Central

Solar Power Takes Center Stage

In 2014, SM North EDSA made history as the first commercial property in the Philippines to install solar photovoltaic (PV) panels on its roof. At the time, it was the largest installation in Southeast Asia, marking the start of SM Prime’s bold commitment to renewable energy.

Fast forward to today, and SM Supermalls operates 44 malls powered by solar PV systems, generating a whopping 51.6 megawatts (MW) of clean energy. That’s enough to power thousands of homes—or remove thousands of cars from the road.

The crown jewel of SM’s solar empire is SM City Santa Rosa, part of a portfolio of 96,000 solar panels spread across Luzon and Visayas. Covering 33 hectares, SM Prime now boasts the Philippines’ largest solar energy portfolio, a cornerstone of its Net Zero by 2040 strategy.

More Than Just Savings

“SM’s environmental sustainability began with energy and water conservation,” says SM Supermalls President Steven Tan. “Revolutionizing our malls’ energy efficiency through renewable sources magnifies our responsibility to serving people and the planet.”

This commitment isn’t just about cutting costs. The 51.6 MW capacity slashes carbon emissions, reducing the need for coal and easing the strain on the national power grid. It’s a win-win-win: less pollution, a more stable energy supply, and a cleaner environment for local communities.

Solar Power in Action

What does this mean on the ground—or, in this case, on the roof? Solar energy directly powers mall essentials like lighting, escalators, and air conditioning, reducing dependency on traditional energy sources. During peak hours, solar power helps keep the lights on and the crowds comfortable, all while protecting the planet.

Beyond the Sun

But SM Prime isn’t stopping at solar. The company is rolling out a suite of sustainability initiatives, from waste management and water conservation to air quality improvements. Together, these efforts form a comprehensive strategy to reduce environmental impact and inspire others to follow suit.

A Brighter Tomorrow

SM Prime’s journey into solar energy is more than just a corporate milestone—it’s a beacon of hope for a country grappling with climate change. By investing in renewable energy and championing sustainability, SM Prime is lighting the way to a greener, cleaner, and brighter future.

The sun is shining, and SM Prime is making the most of it. Who’s ready to follow suit?

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SM Mall of Asia Complex: A benchmark in resilience and innovation

 

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.”


Expanding on his father’s vision, Hans Sy, SM Prime Executive Committee Chairman and co-chair of ARISE Philippines under the United Nations Office of Disaster Risk Resilience (UNDRR), emphasizes the importance of creating resilient, sustainable spaces that prioritize safety and community well-being. 


"We believe that safety is the cornerstone of thriving communities," Mr. Sy states. In affirmation of this belief, he stands as the first Filipino elected to the UNDRR ARISE Global Board. 


Launched in 2015, ARISE Philippines is the country’s 157-member-strong premier private sector alliance united by a shared vision of a resilient and prosperous future. The organization, the first country network established by the UNDRR, aims to minimize disaster-related loss of life, ensure investments and assets are risk-informed, and build infrastructure capable of withstanding both natural and man-made hazards.


SM Prime’s commitment to resilience is evident in the very design of the MOA Complex, which incorporates cutting-edge disaster resilience features to protect against the unique challenges posed by its coastal location.


Before construction began, SM Prime engaged the expertise of Jan de Nul, a renowned Belgian coastal development company. Their extensive research and studies ensured the viability of the project, taking into account the complex interplay of land and sea. To create a resilient structure, the company conducted risk reviews in which the following components are incorporated: Identify, analyze, plan, mitigate, and monitor. This meticulous pre-engineering phase laid the groundwork for a structure, completed in 2006, that was capable of withstanding the test of time and nature.


One of the key challenges addressed was soil erosion. To combat this, the team implemented a sophisticated system of wick drains. These drains act as pathways for pore water in soft, compressible soil, effectively preventing erosion and ensuring the stability of the land. This technology, while more costly than traditional methods, provides a significantly higher degree of protection, particularly against liquefaction during seismic events.


The threat of ground liquefaction, a phenomenon where soil loses its strength and behaves like a liquid during earthquakes, was also mitigated through innovative foundation design. Driven and bored piles, combined with precise excavation methods, provide the complex with robust resistance against liquefaction and seismic activity.


Reference photo for the driven piles methodology, which protects against soil liquefaction and provides strength against earthquakes.


To protect against storm surges, a common threat in coastal areas, the complex boasts a robust seawall. This seawall, standing 4.5 meters higher than the Mean Lower Low Water (MLLW) mark, is further reinforced by a wave return feature. This inverted structure deflects high waves back towards the sea, minimizing their impact on the complex. A network of drainage channels further enhances flood prevention during storm surges. 


These features were instrumental in protecting the complex during Typhoon Pedring (international name Nesat) in 2011, as well as in all succeeding severe weather disturbances this year, where the MOA Complex emerged largely unscathed while helping nearby areas avoid being inundated by prolonged deep flooding.



The wave return feature redirects water back into the bay, providing protection from high waves.



The Mall of Asia (MOA) Complex higher seawall and elevation prevent damage to the structure from rising sea levels. (Inset) In addition, the drainage channels along the MOA Complex are wide and deep enough to fit two buses side by side, helping prevent flooding from storm surges.



The complex's resilience extends beyond its foundation. The main road and all structures are elevated significantly above the National Building Code requirements, further minimizing the risk of flooding. Buildings are equipped with Earthquake Recording Instruments (ERI) that monitor seismic activity and provide valuable data for disaster preparedness. 


The structural integrity of the buildings themselves is also paramount. The roof deck, for instance, is designed to withstand substantial loads, ensuring it can serve as a safe refuge during emergencies. The exterior façade is concrete masonry walls with Exterior Insulation Finishing Systems (EIFS), designed to withstand wind speeds of up to 270 kph and provide excellent insulation. This commitment to safety transforms SM Supermalls like the SM MOA into havens for the community during times of crisis.


SM Prime's dedication to disaster resilience is not merely a response to potential threats; it is a proactive strategy integrated into the DNA of all its business operations.  The company automatically allocates a significant portion of its capital expenditure to disaster resilience research and construction, recognizing that investing in safety is an investment in the future.


SM Prime's longstanding reputation as a responsible property developer is built not only on its contributions to the country’s economic growth and the creation of dynamic lifestyle destinations, but also on its unwavering commitment to protecting the lives and livelihoods of the communities it serves. The MOA Complex stands as a powerful symbol of this commitment, a beacon of resilience in the face of natural adversity.

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Friday, September 13, 2024

SM Prime: Crafting Tomorrow’s Green Legacy

 SM Prime: Engineering a sustainable future

SM Prime leads the way in sustainable development, integrating sustainability into its core business strategy.


Sustainability has become a driving force across every industry. For SM Prime Holdings, Inc. (SM Prime), one of Asia’s leading integrated property developers, sustainability is elevated through a strategic framework that leverages the company’s extensive operations, significant 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 future – aligned with its vision of creating and managing innovative, sustainable, and integrated property developments that enhance the quality of life for all.


SM Prime’s sustainability strategy is built on three main goals: (1) Environmental sustainability, (2) Prosperity for all, and (3) Climate resilience.


Building on its sustainability framework of Economy, People, Planet, and Community, SM Prime identified three major goals to pursue: Environmental sustainability, Prosperity for all, and Climate resilience – all aimed to create a future marked by sustainability, resilience, and widespread prosperity by 2030, 2040, and beyond.


Under its environmental sustainability strategy are two significant programs released by the company:  Net Zero by 2040 and #SMWasteFreeFuture.


Net Zero by 2040


SM Prime is committed to enhancing people’s quality of life by intensifying climate action, reducing disaster risks, investing in resilient design, protecting biodiversity, and implementing strategic corporate social responsibility programs, with its main focus on climate action toward a net-zero business. The company has been collaborating with the World-Wide Fund (WWF) for Nature-Philippines to establish science-based targets in alignment with the global commitment of a net-zero ambition by 2050.


“We understand the magnitude of the challenges we face to achieve our Net-Zero commitment. SM Prime is determined to take action and meet its climate commitments. This is one of our top agendas in sustainability,” said Jeffrey C. Lim, SM Prime President and CEO.  



SM City Santa Rosa's solar photovoltaic (PV) system has 5,772 panels at 3.088 MWp capacity and has an annual solar energy production of up to 4.292GWh.




#SMWasteFreeFuture


SM Prime launched its vision for an #SMWasteFreeFuture, in support of the United Nations Environment Programme’s (UNEP) International Day of Zero Waste. The program introduces a simple segregation scheme: Recyclable, Disposable, and Compostable (RDC), all aimed at reducing overall waste generation and increasing the waste diversion rate from landfills through sustainable disposal methods. The initiative was launched nationwide for SM employees and across all SM property groups and stakeholders.


SM Prime continues to support existing programs and partnerships that promote better waste management solutions. Initiatives such as SM Supermalls’ Trash-to-Cash recycling market, Plastic Waste Collection and E-Waste Collection programs, and regular coastal and estero clean-up activities effectively engage the community in rethinking their relationship with waste.


To address food waste, SM Hotels and Convention Corporation (SMHCC) has pioneered projects such as The Sustainable Diner with WWF-PH, diverting 198,640 kg of food waste through bokashi composting and 40,013 kg through biodigesters. SMHCC also launched Tela Tales, a program that recycles condemned linens. 


SM Prime gathers the community for a #SMWasteFreeFuture.

SM Development Corporation (SMDC) recently partnered with Globe and Scholars of Sustenance Philippines for the Hapag Movement, aimed at targeting food waste and involuntary hunger affecting millions of Filipinos. “As a community, we strongly believe in our ability to contribute to solving today's waste issues. We understand that this may seem like a daunting challenge to overcome. However, by joining forces, we can create a world that our future generations truly deserve – if we have the courage to take on this journey together,” said Hans “Chico” Sy, Jr., President of SM Engineering Design and Development Corporation (SMEDD) and SM sustainability champion. 



Water stewardship


SM Prime is committed to water stewardship by implementing innovative water conservation and management practices, ensuring that properties developed are more responsive and adaptable to the changing needs of communities.


Through its sewage water treatment plants, wastewater is processed, preventing contaminated water from polluting local waterways and for reuse. The recycled water is utilized in malls for water closet flushing, air conditioning operations and landscape greening.

SM City Baguio’s Rainwater Filtration Facility addresses water security and ensures a safe and sufficient water supply for the operations of the mall and its tenants.

SM Prime Holdings, Inc.’s Chairman Henry T. Sy, Jr. receives SM Prime’s 30th Listing Anniversary Plaque from the Philippine Stock Exchange’s President and CEO Ramon S. Monzon.

Prosperity for all

SM Prime’s developments serve as catalysts for socio-economic progress, delivering tangible benefits to all stakeholders. Founded by Henry Sy, the company remains committed to his vision of bringing world-class developments to the Philippines. A vision perfectly exemplified through the Mall of Asia Complex which offers a blueprint for future cities that go beyond commercial success to embrace a holistic approach to urban development.


SM Prime celebrated its 30th year as a publicly listed company last July 23, signifying three decades of service and transformative growth in the Philippine real estate industry.

“True leadership is marked by a solid dedication to collective success. Our journey at SM Prime demonstrates the power of dreaming big and the incredible achievements that follow when you pursue those dreams with determination and hard work.” – JEFFREY C. LIM, SM PRIME PRESIDENT AND CEO


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Shaping Tomorrow: Building Sustainable Cities for the Future

 What makes a city thrive is a combination of how developers create opportunities for movement, synergy, and prosperity. It’s a combination of celebrating life to its fullest capacity with the community at its very heart. 


“At SM Prime (SMPHI), we dream big for our shared future. True prosperity transcends financial success. Our commitment to developing sustainable integrated properties is matched by our efforts to foster vibrant, inclusive communities wherever we build legacy properties that weather the challenges of time and that last for generations,” said Ms. Jessica Bianca Sy, Lead Executive for Design, Innovation and Strategy for SMPHI and SM Development Corporation (SMDC). 




The 7th Annual Association of Pacific Rim Universities – Sustainable Cities and Landscapes Conference and Student Symposium 2024 (APRU-SCL 2024) Conference on Advancing Sustainable Cities and Communities through Science, Technology, and Innovations is hosted and organized this year by the University of the Philippines Los Baños (UPLB). 


(L-R): Dr. Jennifer Marie S. Amparo, Dean, CHE, Dr. Jose V. Camacho, Jr. Chancellor, UPLB, Dr. Thomas Schneider, Chief Executive, APRU, Makati Mayor Hon. Abigail Binay, Ms. Jessica Bianca Sy, SMPHI and SMDC Lead Executive for Design, Innovation and Strategy, Dr. Edgar M. Reyes, Jr., Conference Director, ICHSPD, Assoc. Professor, UPLB, and Dr. Yekang Ko, Director, APRU-SCL, Assoc. Professor, University of Oregon.  




Sy joins a list of esteemed local and international professors, climate specialists, and government officials at the 7th Annual Conference of the Association of Pacific Rim Universities – Sustainable Cities and Landscapes Conference and Student Symposium 2024 (APRU-SCL 2024). 


The theme for this year’s three-day conference is Advancing Sustainable Cities and Communities through Science, Technology, and Innovation. 


As one of Asia’s leading integrated property developers, SM Prime’s strong track record in sustainability and disaster resilience is central to the company’s projects. In a climate-vulnerable country like the Philippines, disaster preparedness and infrastructure resilience are priorities, with a goal to scale efforts to a city level. 


The rapid city growth increases energy demand, necessitating innovative and efficient renewable energy solutions. SM Prime has partnered with franchise holders to systematically manage energy use and move towards net-zero emissions.


For future large-scale master planned developments, Sy shares that SM Prime is taking a systems approach to utility infrastructure down to embedding them in the urban design guidelines at the precinct or plot level developments.


“We are developing this living framework together with our knowledge partners. Currently the ambition is to combine our efforts and actionable items under six themes of – transport, energy, water, biodiversity, built form and materials,” she said. 


Sy carries this clear vision to heart as an invaluable part of the path forward. “We believe this will be the future of cities in the Philippines and we are committed to delivering it to our future generations,” she said.


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. 


The 7th APRU-SCL 2024 is hosted and organized this year by the University of the Philippines Los Baňos, at the SMX Aura Convention Center, from August 6-8, 2024. For more information, email: hspdconf@up.edu.ph or visit the website: dcerp.che.uplb.edu.ph/ichspd.

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Monday, April 22, 2024

Transformative Journeys: The Impact of SM Scholarships on Lives

Some moments linger in the corridors of memory, forever altering the trajectories of our lives. For individuals like Atty. Marmie Deniega and Amanda Hora, the threshold of their SM scholar journey marked not just a step towards education but a profound transformation of their destinies.

Amanda snaps a photo with her family as she graduated cum laude with a degree in BS accountancy in 2023.

Amanda Hora: Pioneering Educational Legacies

For Amanda Hora, the pursuit of education wasn't just a personal ambition; it was a torchbearer for her entire family. As the first in her lineage to attain a college degree, her journey through the corridors of academia was illuminated by the guiding light of the SM scholarship. Her story began with a serendipitous encounter with a Facebook post, leading her to grasp at the opportunity of a lifetime. The acceptance into the SM scholarship program not only alleviated the financial burdens but also kindled a beacon of hope for her aspirations. With unwavering support from her family and the nurturing embrace of the SM Foundation, Amanda's educational odyssey transcended mere learning; it became a testament to resilience, determination, and the transformative power of education.

Marmie Deniega: A Legal Luminary's Odyssey

In the annals of Marmie Deniega's life, the SM scholarship served as a lighthouse amidst the tempest of financial adversities. Raised by a single mother, the dream of a college education seemed elusive until fate intertwined her path with the SM College Scholarship. A fortuitous glance at a television commercial led her to seize the moment and submit her application, igniting the flames of academic pursuit. From the hallowed halls of the University of San Jose-Recoletos to the corridors of legal jurisprudence, Marmie's journey epitomizes the transformative potential of educational empowerment. Guided by the principles of resilience, diligence, and social responsibility, she traversed the arduous path of academia, emerging as a beacon of inspiration for her community.

Impact Beyond Academia: Nurturing Agents of Social Change

Beyond the realms of academia, both Amanda and Marmie exemplify the ethos of social responsibility instilled by the SM scholarship program. Amanda's vision transcends the confines of a degree; it encompasses a fervent desire to uplift communities through financial literacy and empowerment. Meanwhile, Marmie's legal acumen serves as a catalyst for social change, as she spearheads initiatives to combat violence against women and children, streamline bureaucratic processes, and champion the cause of justice. Their stories echo a profound truth: education is not merely a means to an end; it is a transformative force that empowers individuals to sculpt a brighter future for themselves and their communities.

As the curtains rise on yet another chapter of the SM College Scholarship Program, the echoes of Amanda and Marmie's journeys reverberate as a clarion call to aspiring scholars. Beyond the allure of academic pursuit lies a transformative odyssey, where dreams take flight and destinies are shaped. In the crucible of educational empowerment, lives are not merely changed; they are forged anew, imbued with the resilience, determination, and vision to illuminate the paths of generations yet to come.

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Thursday, November 2, 2023

SM SUPERMALLS’ LADY SECURITY GUARD GILREN BAJADO HONORED FOR EXEMPLARY ACT

 Marikina City - Gilren Bajado, lady security guard of RJC Security Solutions, was recognized as the Outstanding Security Guard of the Year at the 43rd Founding Anniversary of the Civil Security Group at Camp Crame. The recognition ceremony was presided over by PNP Chief PGen Benjamin C. Acorda Jr. SM Supermalls Customer Relations Services Senior Assistant Vice President Mr. Almus J. Alabe and Regional CRS Manager Harold James E. Herrera were also in attendance to witness the awarding ceremony.

LG Bajado's outstanding accomplishment stems from her remarkable act of honesty and integrity on August 3, 2023, at SM Cinema, SM City Marikina. During her clearing duties, she discovered a lost black pouch containing 64,800 pesos, along with ATM cards and assorted ID cards belonging to Mr. Starsky D. Paunan, a 44-year-old staff member of Palarong Pambansa.

 

L-R: SM City Marikina Customer Relations Services Manager Mr. Edward S. Masangcay, Regional CRS Manager Mr. Harold E. Herrera, Lady Guard Gilren Bajado of RJC Security, PNP Chief Bejamin Acorda Jr., SM Supermalls Senior Asst VP for CRS Mr. Almus J. Alabe, RJC HR Manager Mr. Wilmark Reyes

Without hesitation, she reported this to the CRS office, ensuring the safe return of the lost valuables to their rightful owner. Her integrity, honesty, and dedication have earned her this prestigious recognition and admiration from her peers and superiors.

SM Supermalls and RJC Security Solutions take immense pride in her achievement, as it reflects the company's core values of professionalism, honesty, and integrity. Her commitment to her duties, her sense of responsibility, and her exemplary character have brought honor not only to herself but also to RJC Security Solutions as a leading provider of comprehensive security services.

The recognition of LG Gilren Bajado as the Outstanding Security Guard of the Year strengthens SM Supermalls’ commitment to maintaining the highest standards of excellence. The company consistently strives to provide security solutions while ensuring that its employees embody the highest ethical standards.

SM Supermalls extends its warmest congratulations to LG Gilren Bajado for her outstanding achievement and for being a shining example of integrity and professionalism. Her actions serve as an inspiration to all and remind us of the impact that a single individual can have on building a safer and more trustworthy society.


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