
SM Prime Sustainable Energy Initiatives Earn Prestigious Awards from DOE
SM Prime Sustainable Energy efforts have been recognized by the Department of Energy (DOE) for their outstanding contributions to energy efficiency and renewable energy. As one of Southeast Asia’s leading property developers, SM Prime Holdings, Inc. continues to champion sustainability with innovative and impactful initiatives.
Recognitions for Energy Efficiency
SM Prime Sustainable Energy practices shone brightly at the Energy Efficiency Excellence (EEE) Awards. SM Center Pulilan, SM City Tanza, and SM City Tuguegarao earned accolades in the Large Building and New and Existing Building categories. These awards highlight the company’s proactive approach to energy conservation. They incorporate energy-efficient technologies like LED lighting, advanced building management systems, and effective insulation to reduce energy consumption significantly. Moreover, these technologies have set benchmarks for other large-scale developments in the country, reinforcing SM Prime’s leadership in sustainable practices.
READ: Building a Green Legacy: SM Prime Sustainability in Action
Pioneering Renewable Energy Solutions
The SM Mall of Asia took center stage by winning the inaugural Sustainable Energy Award for a Private Institution. This recognition celebrated the mall’s impressive 2.7-megawatt solar power system. The installation, which includes over 10,000 solar panels, generates clean energy equivalent to powering 1,790 households annually. Additionally, it demonstrates SM Prime Sustainable Energy’s commitment to integrating renewable solutions into its properties.
Supporting National Goals
Aligned with the Philippines’ renewable energy target of 50% by 2040, SM Prime Sustainable Energy initiatives actively support national objectives. By expanding its renewable energy projects, SM Prime also furthers its goal of achieving net-zero emissions by 2040. These efforts underscore the company’s dedication to building a sustainable future.
A Legacy of Sustainability
SM Prime’s dedication to sustainability stretches back decades. For instance, SM City Butuan features energy-efficient designs and renewable energy solutions. Furthermore, the company’s history reflects a consistent effort to balance economic growth with environmental responsibility.
Through SM Prime Sustainable Energy practices, the company sets a benchmark for environmental stewardship, proving that innovation and sustainability go hand in hand. Their continued efforts serve as a reminder that addressing climate change is a collective responsibility and that businesses can lead the way in creating a greener future.