SM Prime laud women leaders in disaster resilience

   SM Prime Holdings (SMPHI) recently announced its support for the global search for women leaders in disaster resilience. 

             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). 

          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.”

             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 implementation of DRR strategies, policies, plans and programs in their regions. Their stories reflect the diversity of solutions required to meet the converging challenges of accelerating climate change and disasters in the region.”

           “We look forward to continued collaboration with SM in our DRR agenda,” Secretary General Mizutori added. 

            The WIN DRR Excellence Awards 2022  sponsored by SM Prime has 15 finalists shortlisted from 420 nominations received from across 24 countries in the Asia-Pacific. The winner will be announced at the Asia Pacific Ministerial Conference on Disaster Risk Reduction in Brisbane on 21 September 2022. US$10,000 will be awarded to an individual woman who has achieved exceptional professional success in DRR. 

 

           The WIN DRR partnership is consistent with SM Prime Holdings’ social commitment towards women empowerment, resilience, good health and well-being of women. The company’s corporate social responsibility arm, SM Cares, supports programs that advance these causes.  

              The Women's International Network on Disaster Risk Reduction (WIN DRR) is a professional network to support women working in disaster risk reduction, in all their diversity. Its overall goal is to empower women to attain leadership and enhance their role in decision-making in disaster risk reduction in Asia-Pacific. The WIN DRR Philippine Network is powered by SM Prime and Asia Pacific College. 

 

              Earlier this year, SM Prime through its SM CARES, partnered with UNDRR in celebrating women empowerment through a webinar on the role of women in disaster resilience. In her keynote message, Mizutori emphasized “women’s equal participation and leadership in public life including disaster risk reduction is important and it is also essential to reducing disaster risk in achieving the United Nations sustainable development goals.”             

SM Prime and WWF Philippines announce partnership for responsible climate change reporting

SM Prime Holdings, Inc., one of Southeast Asia’s leading integrated property developers and leading conservation organization World Wild Fund for Nature (WWF) Philippines have entered a collaboration in adopting a more robust reporting framework to address the climate crisis. 

This is a major partnership of WWF with a Philippine company towards the development of a bespoke program towards decarbonization.

Sustainability at SM Prime is at the core of its corporate identity. SM Prime is at the forefront of spearheading sustainable practices as well as setting records in pioneering programs to consciously protect the environment and strongly focus on resilience in its developments.

Under the partnership, SM Prime will adopt the Corporates for a Better Planet Initiative (CBPI), WWF-Philippines’ flagship program that provides an actionable framework for organizations to operate sustainably within the paradigm of the climate crisis. 

“We are delighted to work with WWF Philippines on this sustainable journey. Focusing sustainability within the context of the Philippines ensures that our strategies and projects are highly material, efficient and more responsive in addressing local concerns surrounding resilience and adaptation. We need to be one with the worldwide community to achieve this and we need to work with global experts to get this right,” SM Prime President Jeffrey C. Lim said.

Climate change is one of the most pressing and defining global issues today. The Philippines currently ranks third globally when it comes to climate change vulnerability. In relation to its geographical location, it is more exposed to altering intensities of climate change manifested through erratic weather systems and natural calamities.

These risks are rife with complexity and uncertainty and organizations typically fail to properly assess their implications. The CBPI program takes a holistic approach towards this pivotal issue, addressing these risks from a custom-built, science-based perspective.

By partnering with the WWF, SM Prime will be able to enhance and determine climate change solutions that will be reflected through responsible and transparent reporting. 

The first phase of CBPI involves gauging where SM Prime stands in its sustainability initiatives and setting a science-based target in line with the Paris Agreement’s goal of limiting global warming to 1.5°C compared to pre-industrial levels. SM Prime published its first Integrated Report in 2021 under the Integrated Reporting Framework which provides an overview of our value creation model — how we seek to create value for our stakeholders by contributing to national progress through investments and interventions critical to the country’s socio-economic growth.

As a champion of climate action in the Philippines, our partnership with WWF adds another enhancement to transparent reporting by ensuring greenhouse gas (GHG) computations are accurate and use appropriate methodologies.

With the need to broaden efforts to protect the environment, this partnership forms part of group-wide efforts under the SM Green Movement that aims to improve the quality of life of communities through sustainable solutions to promote a green planet, green living and a green culture.

SM Prime’s partnership with WWF dates back to 2007 under Hamilo Coast, its leisure resort development in Nasugbu, Batangas.

WWF closely monitors the health and viability of the Hamilo Coast area including three of its coves designated as Marine Protected Areas (MPAs)—the Pico de Loro, Etayo and Santelmo

In recognition of its conservation efforts, Hamilo Coast was cited by WWF-Philippines as its longest standing Sustainability Partner in 2020. 

SM Prime traces its journey on sustainable design and development

The topic of sustainability in property development has surged since the world experienced Covid-19. Having to redefine the use of spaces, people soon realized how instrumental real estate is in the journey towards a more sustainable way of life. With the threat of climate change looming in the horizon and a growing population to sustain, the need to build more sustainable and resilient cities only continue to rise. 

SM Prime traces its journey on sustainable design and development way before the concept has gone main stream. At the heart of SM is its commitment to serve its customers – designing its malls to bring better comfort and an enjoyable experience in every visit to SM Supermalls. 

Sustainable Comfort 

Built through several phases of development, SM Megamall, among SM’s 78 malls across the country, has grown into the complex it is today with 800 shops including 250 dining outlets and 16 anchor tenants. Customers explore the expanse of the 10-hectare development from its convenient parking grounds, relaxed atmosphere and beautiful façade. Behind this is sophisticated engineering anchored on sustainable design and technology.

•  SM Megamall is energy and water efficient. The building is enveloped with EIFS or Exterior Insulation Finishing Systems board which helps boosts wall insulation, making it more resistant to heat. It only uses LED lighting system allowing a 50% energy saving. The mall also tracks a lighting operating schedule following the supply requirement of our mall activity and does not contribute to environmental lighting pollution so as not disturb nocturnal animals. It also uses sensor activated escalators that contribute to about 30% energy savings. It’s air handling system uses high-efficiency air-conditioning system that has greater environmental stewardship. Lastly, it uses efficient water fixture for water savings and recycles water.

  

SM Megamall

• SM Megamall works with the natural environment. The mall utilizes green walls, skylights and clerestory or a high section wall that contains windows above eye level to increase the flow of natural light. It is surrounded with plants of local varieties and selection of trees and shrubs.

SM Megamall Bicycle Racks

• SM Megamall promotes mobility. Situated in the middle of EDSA, SM Megamall brings 550 buses into one integrated system to promote easier mobility. Green hybrid transports provide options for the more environmentally conscious passengers. All public transports are required to meet mandated emission levels in support of the Clean Air Act. The mall is pedestrian-friendly with about 1,595 square meters of covered walk ways. Throughout the mall, designated bike lanes and parking spaces are provided. Lastly, parking sensors not only make parking easier but has also reduced emissions in the parking areas.

  

SM MegaTower

• SM Megamall practices responsible materials management. The mall uses Echostop ceiling finish for noise absorption which is made from gypsum and paper liner made from 100% reclaimed and recycled paper. The Mega Tower uses insulated glass units which keeps heat out during summer months and Low E-glass to minimize the amount of ultraviolet light that comes through the windows, with both features maximizing energy savings. It also has a Material Recovery Facility dividing recyclables, biodegradable waste, residual waste and hazardous waste.

  
  

Environmental Strategy

All these initiatives are aligned with SM Prime's environmental strategy of developing, designing, and building integrated lifestyle cities with sustainability and resiliency considerations in mind. 

Echoing these efforts, SM Prime continues on its transition to clean energy. Aside from investing in energy efficient programs, the company is broadening its renewable energy investments. SM Prime targets to increase its demand for electricity sourced from renewables by more than 50% across all of its business segments by end of 2022 in support of the Department of Energy's goal of moving the country's renewable energy supply component up to 35% by the end of the decade. 

Moreover, as part of a growing movement of responsible and sustainability-centered enterprises, SM Prime has joined the 2,500 organizations worldwide in supporting the Task Force on Climate-related Financial Disclosures (TCFD) and its goal of creating a more resilient financial system through better climate risk disclosures. Through this, it hopes to continue to drive its business to adopt more sustainability initiatives related to climate change.

At Hamilo Coast, SM property in Nasugbu, Batangas, it continues to uphold its commitment to sustainability and conservation as it planted 50,000 more mangroves which covers 100,000 square meters of the estate. This is also touted as one of the largest mangrove areas in Nasugbu.  Hamilo Coast continues to protect its mangrove ecosystem together with the World Wide Fund for Nature (WWF) Philippines—a partnership it has nurtured since 2007.

Hamilo Coast also undertook the initiative to declare three of its coves, namely Pico de Loro, Etayo, and Santelmo as Marine Protected Areas in 2009.

SM is regreening the country sides through its tree planting program led by SM City Baguio. This is in partnership with the Philippine Military Academy (PMA), the Department of Environment and Natural Resources - Cordillera Administrative Region (DENR-CAR), Baguio Water District, the local government of Baguio City and 25 media organizations in Baguio. 

As of January 2022, over 600,000 trees have already been planted in Baguio City and neighboring towns in Benguet.

SM further promotes sustainable practices through water recycling and the adoption of technologies that promote smart water use. In 2020, it was able to recycle 28.9 million cubic meters of water.

In terms of solid waste management, SM Prime has intensified its campaign by requiring all contractors to implement proper waste management procedures during construction.   A long-running program through SM Cares, the monthly Trash to Cash (TTC) provides an avenue for the community, including properties’ tenants, to participate in solid waste management. This initiative ran for nine months in 74 malls and five SM Development Corporation properties in 2020, saving 134,067 seven-year-old trees to date.

It also undertakes paper recycling in partnership with the Trust International Paper Corporation and the responsible transport, treatment, storage and disposal or processing of the properties’ generated hazardous waste, compliant to the government’s implementing rules and regulations. 

Resiliency as a Necessity

While SM serves millions of customers every day, its impact goes beyond its businesses – touching the lives of millions more in the communities wherever it is present. For a country like the Philippines, the impact of climate change can already be felt with typhoons getting stronger and more frequent. 

Hans T. Sy, chairman of the Executive Committee of SM Prime has served in leadership roles in both national and international organizations focused on disaster resiliency and its impact to business and society. Leading by example, SM integrates disaster resiliency in its business strategy as well as its city and mall designs and developments. This, not only allows SM businesses to operate during calamities, instead, also helps communities become more resilient to typhoons. 

“I believe in an age-old adage; an ounce of prevention is worth a pound of cure. SM Prime has taken deliberate steps to reinforce resiliency across its properties and provide a focused approach on sustainability in order to preserve communities and save lives,” said Mr. Sy.

Such is the impact created by SM Masinag.

Vermont Park Phase 1 is located near SM Masinag. For years, it would undergo flooding during typhoons. However, the story has changed. Since SM Masinag opened to serve the community, it has been equipped with a water catchment facility that can detain 17,681 cubic meters of water, which is equivalent to 7 Olympic size swimming pools. This helped control the flooding of nearby villages during typhoons.

Meanwhile, SM Marikina, which is also in a high-flood rate zone, is able to serve as first responder and a safe haven to affected families during times of calamities. This is because it is standing on 246 stilts with an elevation higher than the highest recorded water level rise in Marikina City. 

Sustainability and Resiliency as Strong Foundations for Responsible Development

SM Prime anchors its development on both sustainability and disaster resiliency. For SM, both serve as strong foundations for responsible development – to address the increasing demand for urban areas and to address the threat of climate change. 

From the onset of concept design, SM Prime allocates around 10% of capital expenditure to incorporate sustainability features and disaster resilience when building malls, offices and even integrated lifestyle cities. 

"The safety of the communities, employees, customers, and the facility structure remains top priorities in all SM Prime developments. As I tell my design teams ever so frequently, ensuring safety is the only way I can sleep well,” Mr Sy said.”     

For SM, this means the hard infrastructure capacities as well as how spaces are designed to facilitate mobility, green transport options, greener buildings and even green technology such as being powered by solar energy. As such, wherever SM operates, SM Prime makes every effort to help create the spaces and cities we need in order to sustain ourselves into the future. 

SM Group allocates Php100M towards COVID-19 outbreak support to PGH, RITM, and other government hospitals

SM is bringing in personal protective equipment (PPE) – face masks, gowns, visors, hoods, gloves and shoe covers as well as urgent medical supplies to help government hospitals. Assistance has also been extended to Philippine General Hospital (PGH) and Research Institute for Tropical Management (RITM) for their urgent needs and for improving their laboratory testing capacity.

“To ensure the safety of medical frontliners, SM is bringing in personal protective equipment (PPE) - face masks, gowns, visors, hoods, gloves, and shoe covers, as well as urgent medical supplies to help government hospitals who badly need them,” said SM Prime’s Hans Sy. Assistance has also been extended to Philippine General Hospital (PGH) and Research Institute for Tropical Management (RITM) for their urgent needs and for improving their laboratory testing capacity. SM has also allocated PPEs and medical supplies to the UP Medical Foundation Inc. to reach a wider network of hospitals.

To improve availability of tests, SM has reached out to Manila Healthtek Inc. to distribute 20,000 tests for free to government hospitals, once approved for use.

SM Prime & Hamilo Coast: Defining Beach Resort Living in the Philippines

Recognized as one of the largest integrated property developers in Southeast Asia, SM Prime offers innovative and sustainable lifestyle communities. Under its portfolio of leisure developments is Hamilo Coast, a master-planned seaside community located along Nasugbu, Batangas. 

Hamilo Coast is a sprawling coastline residential resort town that encompasses three major mountain peaks and 13 coves, three of which are Marine Protected Areas (MPAs). Its unique location at the head of the Nasugbu coastline makes it the gateway to the so-called “Philippine Riviera”.

Bounded by the vast West Philippine Sea and misty cloud-covered Pico mountain ranges in the east, Hamilo Coast carefully integrates residential, resort, leisure, commercial, and institutional land uses into its communities, wherein beach resort living will eventually be spun into an everyday lifestyle choice. 

Pico de Loro Cove, Hamilo Coast’s maiden development, is a vibrant community where environmental sustainability thrives. It boasts of a 1.5 km. stretch of fine white sand beach, a 4-hectare man-made lagoon centerpiece with pocket gardens, and a Beach and Country Club that features the most extensive land- and sea-based recreational facilities in Nasugbu. In 2007, Hamilo Coast teamed up with the World Wide Fund for Nature-Philippines, a partnership that continues to thrive up to this day. One of its environmental programs included declaring Pico de Loro Cove as one of its Marine Protected Areas. Conservation efforts under this partnership include ridge-to-reef management, the use of renewable energy, and guidance on the responsible and eco-handling of solid waste.

A membership at the Pico de Loro Beach and Country Club is a pass to a whole new world of exciting recreational adventures. A member has access to aquatic sports like sailing, kayaking, windsurfing and scuba diving and outdoor activities such as hiking, trekking, and birdwatching. Members can also enjoy indoor activities such as billiards, bowling, basketball, tennis, badminton, and swimming.

To enhance, Hamilo Coast continues to elevate beach resort living through its latest residential offering, Freia. Rising a few steps away from Pico de Loro Cove’s beachfront, Freia gives its future residents a breathtaking vista of the serene blue waters of the West Philippine Sea and verdant Pico mountains. 

Upon entering Freia, residents are welcomed by a grand, high-ceiling lobby designed by acclaimed consultant Budji+Royal. The beach condominium will offer 214 superior two-bedroom units and nine bi-level three-bedroom penthouses, each designed with living spaces, large picturesque windows, and spacious balconies, that open up to the owner’s chosen view. 

Only a 90-minute drive from the SM Mall of Asia, Hamilo Coast is the premier sustainable beach resort town of the Philippines. 

Hamilo Coast is the SM Group’s premier beach resort town in Nasugbu, Batangas. It is now approximately 90 minutes from Manila via Cavitex and the new Ternate-Nasugbu Road. For inquiries, call (632) 945-8000 or visit www.hamilocoast.com.

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