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Thursday, October 10, 2024

LIMA Estate honored in ESGBusiness Awards

Aboitiz InfraCapital’s LIMA Estate recently clinched the Smart City Award at the inaugural ESGBusiness Awards, held at Marina Bay Sands in Singapore.

The accolade recognizes LIMA Estate’s efforts in integrating innovation with environmental, social, and governance (ESG) principles into its smart city initiatives—driven by a strong commitment to transform Lipa-Malvar, Batangas into a thriving economic hub.

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“We extend our thanks to ESGBusiness for recognizing our endeavors and our commitment to ESG. LIMA Estate has been actively working to propel Batangas onto the global stage as a green, smart, and workable city,” said Rafael Fernandez de Mesa, president of LIMA Land and head of Aboitiz InfraCapital Economic Estates. 

LIMA Estate was previously recognized by PropertyGuru as the Best Green Development in Asia and awarded the first and only 5-Star BERDE (Building for Ecologically Responsive Design Excellence) District Certification from the Philippine Green Building Council.

The certification is a local standard for assessing and certifying industrial estates’ environmental compliance. With over 170 businesses, more than 4,000 households, a four-star hotel, and 167 retail outlets, LIMA Estate has driven economic development in the CALABARZON region, attracting investments totaling US$1.87 million, and generating jobs for over 66,000 Filipinos.

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