SM Prime Holdings, Inc. (SM Prime) continues to lead the way in
sustainable property development, delivering low-carbon office spaces
and climate-smart retail environments through energy efficiency
initiatives, on-site renewable solutions, and strategic long-term
partnerships. 
(Photo
caption) A sustainable future for all. The iconic SM Mall of Asia, the
world's 6th largest mall, has become a sustainable retail shopping
destination. Its physical and economic resilience stands as a testament
to SM Prime’s commitment to sustainable business strategies.
From efficiency to impact
SM Prime has implemented programs such as lighting upgrades, improved
air conditioning and ventilation systems (ACVS), and optimized building
management systems since the 1990s —significantly reducing emissions,
proving that energy efficiency delivers environmental and economic
benefits. In 2024, SM Supermalls reduced electricity use by 38%,
avoiding 156,736 metric tons of greenhouse gas emissions (GHG) and
saving ₱2.3 billion.
In the recently concluded 5th Energy Efficiency Excellence Awards of the
Department of Energy (DOE), SM Prime’s business units, namely, SM
Supermalls, SM Offices, and SM Hotels, was awarded multiple Certificates
of Excellence.
This success reflects collaboration among engineering teams, service
providers, tenants, and customers, driven by the company’s leadership
and commitment to the SM Green Movement.
Renewable energy milestones
Guided by its goal of Net Zero by 2040, SM Prime is making
decarbonization practical, reliable, and scalable. At SM City North
Edsa, it recently celebrated a milestone for clean energy in the
country, with 59 properties generating a combined 100 megawatts (MW) of
on-site renewable energy—one of the largest solar capacities among
property developers in the Philippines.
(Photo
caption) A historic 100MW milestone. At Quezon City, the SM North Edsa,
the first Philippine mall to use clean energy with rooftop solar
photovoltaic systems, continues to deliver SM Prime’s people-centric
sustainable retail spaces.
Today, more than 50% of energy use across SM Supermalls comes from
renewable sources, supported by partnerships with Aboitiz Renewables,
TotalEnergies, Citicore Renewable Energy Corporation, and leading solar
providers. This collaborative approach empowers communities while
building a safer and more sustainable future.
Working with WWF-Philippines, SM Prime has committed to the
Science-Based Targets initiative (SBTi) and is working towards its near
and long-term targets.
Retail architecture working with nature
At the heart of SM Prime’s energy strategy is the creation of
sustainable, resilient spaces that enrich experiences for the community.
Across its malls, SM integrates passive design elements—high ceilings,
large atriums, skylights, open spaces, and natural ventilation—reducing
daytime energy consumption while offering brighter, breezier, and more
welcoming spaces for relaxation, dining, and shopping. .jpg)
(Photo
caption) Technology meets nature. In SM City East Ortigas, natural
light brightens the food hall, and retrofitted lighting produces
significant energy savings.
Smart solutions such as motion-sensor escalators, solar-powered outdoor
spaces, and energy-conscious cooling systems make SM Supermalls a top
retail destination for tenant-partners and customers alike.
Shared climate benefits for all
“Customer expectations evolve quickly. When our leaders first initiated
this project, it was in the early days of learning about the impact of
our consumption on the planet. Now, brands – whether big luxury labels
or small and medium enterprises – are looking for partners who invest in
circularity and ESG impacts,” said SM Supermalls president Steven Tan.
As SM Prime continues to scale its energy programs, its SM Green
Movement builds a resilient energy infrastructure to create a safe,
comfortable, and welcoming space for its communities.
“We are committed to making our malls as energy efficient as possible by
implementing advanced technologies and best practices. SM Supermalls
will keep expanding its sustainability efforts to reduce environmental
impact and improve the quality of life for both the planet and the
communities we serve,” said Tan.
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