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Monday, July 8, 2024

ALI, Prime Infra team up to manage waste in Cebu

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Ayala Land Inc. (ALI) and its real estate investment trust AREIT Inc. (AREIT) teamed up with Prime Integrated Waste Solutions Inc. (PWS) for a sustainable waste management project in Cebu City.

ALI said in a statement the project would recover up to 90 percent of solid waste from its eight office buildings in Cebu through cutting-edge segregation and treatment methods.

The eight properties include eBloc Towers 1 to 4, Central Bloc Towers 1 & 2, Tech Tower, and Ayala Center Cebu Tower.

PWS, a unit of Prime Infra, operates an automated materials recovery facility (MRF) equipped with state-of-the-art technologies from Europe and Asia—including vibrating sieves, baler systems, magnetic separators and air density separators.

Te facility maximizes resource recovery and minimizes landfill use. Their strategic focus includes converting segregated plastic waste into refuse-derived fuel (RDF) and other valuable resources.

“With the help of PWS’ state of the art facility in Cebu, we look forward to reducing 80% of the waste generated by our Cebu office portfolio, by year-end. We are proud to note that this will secure Ayala Land’s position as the largest office portfolio to commit to a circular economy approach – and will mean 359 tons of waste diverted from landfills in the area,” said ALI senior vice-president and head of leasing and hospitality Mariana Zobel de Ayala.

“This effort is a move forward towards our significant sustainability objectives. We currently manage the largest portfolio of properties using renewable energy sources and are also the largest office portfolio certified Edge Zero Carbon, in the country,” she said.

She said the partnership reinforces the companies’ commitment to establishing higher benchmarks for responsible and sustainable development in the country.

Plans are also underway to replicate the partnership in other commercial properties owned by ALI and AREIT in Luzon.

AREIT president and head of Ayala Land Offices Carlo Milss said the partnership with Prime Waste is an important milestone in achieving its sustainability goals.

“By adopting cutting-edge waste management technologies, we are not only mitigating our environmental footprint but also setting new benchmarks for the industry,” Milss said.

Prime Infra president and chief executive Guillaume Lucci, emphasized the transformative potential of such initiatives,

“The industry is evolving rapidly, driven by innovators like Ayala Land who integrate waste management into their core business strategies. We look forward to partnering with more forward-thinking companies committed to reducing methane emissions and advancing sustainable waste solutions,” Lucci said.

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