SM Prime Holdings, Inc. (SM Prime), considered one of Southeast Asia’s largest built-in property builders, has retained its place within the FTSE4Good Index Collection following the June 2025 assessment, marking its ninth consecutive 12 months of inclusion.
Created by FTSE Russell, a subsidiary of the London Inventory Trade Group, the FTSE4Good Index is a globally acknowledged benchmark for firms that meet stringent Environmental, Social and Governance (ESG) requirements. SM Prime’s continued presence alerts not solely sturdy ESG compliance but additionally sustained execution of long-term sustainability methods.
“Our continued inclusion in FTSE4Good reinforces the power of our ESG fundamentals and validates sustainability as a core pillar of long-term worth creation for the SM property group,” mentioned Jeffrey C. Lim, President of SM Prime.
SM Prime’s continued presence within the FTSE4Good Index displays the sturdy alignment between its sustainability technique and international ESG benchmarks. The corporate has ramped up renewable power deployment, with photo voltaic rooftop techniques now put in in 48 of its malls and properties.
Its newest venture at SM Metropolis Fairview, a 3.785-megawatt peak (MWp) system comprising almost 6,900 panels, is anticipated to generate round 5,960 megawatt-hours yearly, avoiding roughly 4,133 tons of carbon dioxide emissions per 12 months.
Past clear power, SM Prime implements water reuse techniques, rainwater harvesting and complete stable waste administration throughout its mall community. Group resilience and inclusive design are additionally integral to its property improvement technique.
The FTSE4Good Index evaluates firms utilizing greater than 300 knowledge factors throughout three core pillars—environmental, social and governance—spanning 14 themes resembling local weather change, human rights and anti-corruption. Corporations should meet minimal ESG rating thresholds of three.3 for developed markets and a pair of.9 for rising markets, with evaluations carried out semi-annually.
“As we construct on our ESG momentum, we stay centered on scaling our renewable power program, advancing climate-resilient infrastructure and deepening engagement with our stakeholders to future-proof our portfolio and help broader sustainability objectives,” added Lim.
Learn Subsequent
EDITORS’ PICK
MOST READ
Subscribe to INQUIRER PLUS to get entry to The Philippine Each day Inquirer & different 70+ titles, share as much as 5 devices, take heed to the information, obtain as early as 4am & share articles on social media. Name 896 6000.
TAGS:
For suggestions, complaints, or inquiries, contact us.
