In two years that the world faced the impacts of the COVID-19 pandemic, awareness on the importance of sustainability in everyday living had been highlighted. Environmental awareness eventually caught on through practices such as shifting to paperless, reducing plastic use and planting more trees. And for property developers, taking part in this movement means transitioning into green, environmentally sound offices and developments.
Such is the case for SM Prime Holdings, Inc. (SM Prime), a publicly listed subsidiary of SM Investments Corporation (SMIC). It is transforming the way urban spaces are built and managed as
it commits 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. It recognizes the importance of green spaces and had developed 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 green initiatives have been recognized by reputable and well-known organizations such as the U.S. Green Building Council (USGBC) which awarded Conrad Hotel Manila and SM Aura Premier the Gold certification for Leadership in Energy and Environmental Design (LEED) in 2016 and 2017, respectively.
“When we build, we build with the community in mind. This is why it is important to integrate sustainability in our developments and operations. We remain committed as an environmentally-conscious and responsible integrated property developer ready to serve the ever-changing needs and aspirations of our communities and stakeholders,” said SM Prime President Jeffrey Lim.
having the whole life cycle of a building in mind. We invest a tenth of our capital expenditure to ensure that sustainability is integrated into our properties as we carefully plan our developments for our communities, the environment, and future generations ,” SM Prime’s Mr. Lim said.
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