SM Prime Holdings, Inc. (SM Prime), the largest mall developer and operator in the Philippines, is paving the way towards a waste-free future by incorporating sustainable practices and innovative solutions in its operations, from construction and energy efficiency to waste management and stakeholder engagement.

This is best exemplified by the inclusion of environmental sustainability, climate resilience, and prosperity for all in its core sustainability strategy, a commitment reflected in its 2023 Integrated Report themed “Towards a Sustainable Future.”

Aligning with national goals and global standards

Founded on this sustainability goal, SM Prime is dedicated to improving its waste management efforts, aligning its processes and systems to national objectives and standards of the Department of Environment and Natural Resources (DENR), primarily grounded on Republic Act No. 9003 (Ecological Waste Management Act of 2000) and Republic Act No.11898 (Extended Producer Responsibility (EPR) Law of 2022). In the first year of the EPR Law implementation, the SM group was immediately able to complete the submission of its compliance documents.

Better waste management aligns with the company’s commitment to achieving net-zero greenhouse gas emissions by 2040 through a science-based approach, as guided by the Science Based Targets initiative (SBTi) and prepared in partnership with World Wide Fund for Nature-Philippines (WWF-Philippines).