SM Prime, DOST launch mall exhibit series focused on sustainability, disaster resilience
In a joint initiative, SM Prime Holdings, Inc. (SM Prime) and the Department of Science and Technology (DOST) are holding a series of exhibits in select SM malls across the country.
Launched at SM Mall of Asia on February 24 – where the works of Juno Galang, Badz Magsumbol, and Ral Arrogante are on display – the exhibits focus on the sustainability and disaster resilience initiatives of the two organizations, especially those related to addressing climate change.
Being a responsible and trusted member of the community, SM Prime knows the importance of sustainability and disaster resilience in mitigating the impact of climate change and other environmental problems on our planet. As a trusted integrated property developer and one of the biggest in Southeast Asia, SM Prime is committed to promoting these advocacies in all its properties, and the exhibit is the latest to be implemented as part of this commitment.
“DOST and SM Prime have enjoyed a long-standing partnership in promoting sustainability and disaster resilience in the country. In recent years, working together with visionaries like Undersecretary Dr. Renato Solidum, we have made great strides in facilitating discussions and creating long-term solutions in line with these two advocacies, and we hope to continue building on these achievements toward a more sustainable and disaster-resilient Philippines,” said SM Supermalls President Steven Tan.
Speaking about the exhibit, Tan cited the leadership of Hans Sy that has inspired the company to “always look at ways on how we can make it better for the people and for the planet.”
Joining SM Prime are its numerous business units, each with its own sustainability and disaster resilience initiatives. These include SM Supermalls, SMDC Residences, the Commercial Property Group, engaged in the development and leasing of office spaces; Leisure Resorts (Tagaytay Highlands and Pico de Loro) and the Hotels and Convention Centers business unit, which develops and manages hotels and convention centers across the country.
Sustainability and disaster resilience are at the core of SM Prime’s business. In line with this, the company continuously allocates 10 percent of its capital expenses in features in its properties supporting these two advocacies, from rain catchment facilities to renewable energy sources and everything in between.
“It is our commitment to develop and provide science and technology and innovation services that will influence our leaders to employ scientific and evidence-based decision-making, that will boost how our businesses operate and prevent further losses in our economy, that will improve the way Filipino communities adapt to risks, and lastly, innovations that will make our country a model of resilience and sustainability,” said DOST Usec. and PHIVOLCS OIC Dr. Renato Solidum.
SM Prime, one of the leading integrated property developers in Southeast Asia, remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.
Sustainability and Disaster Risk Reduction and Resilience form part of SM Prime’s core business strategies. It ensures that its risk-informed investments catalyze sustainable development and positive change in the communities where it operates. To learn more about SM Prime’s Sustainability and Resilience, please visit www.smprime.com/sustainability-overview.