SM Prime Holdings, Inc. (SM Prime) continues to shape its approach to sustainable property development through low-carbon office spaces and climate-smart retail environments, supported by energy-efficiency measures, on-site renewable solutions, and long-term partnerships.
Rather than treating sustainability as an add-on, the company has embedded energy planning into how its properties are designed, upgraded, and operated—an approach that has evolved over decades.
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—steps that have steadily reduced emissions while demonstrating that energy efficiency can deliver both environmental and economic benefits.
In 2024, SM Supermalls reduced electricity use by 38 percent, avoiding 156,736 metric tons of greenhouse gas emissions and generating savings of P2.3 billion.
These efforts were recognized during the recently concluded 5th Energy Efficiency Excellence Awards of the Department of Energy (DOE), where SM Prime business units—SM Supermalls, SM Offices, and SM Hotels—received multiple Certificates of Excellence.
Company officials said the results reflect collaboration among engineering teams, service providers, tenants, and customers, guided by leadership and the broader goals of the SM Green Movement.
Renewable energy milestones
Guided by its Net Zero by 2040 target, SM Prime has focused on making decarbonization practical, reliable, and scalable. At SM City North Edsa, the company recently marked a milestone in clean energy development, with 59 properties now generating a combined 100 megawatts of on-site renewable energy—one of the largest solar capacities among Philippine property developers.