With the 30th Conference of the Parties (COP30) taking place in Belem,
Brazil, this November, the momentum to focus on lasting solutions for the
planet’s climate crises comes at its most critical time.
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| The 2MWp rooftop solar photovoltaic system
installed at MOA Square—developed with TotalEnergies—generates approximately
3,000 MWh of clean energy annually, reducing an estimated 1,430 tons of CO₂
emissions each year. |
For SM Prime Holdings, Inc., this means that the journey to Net Zero
by 2040 becomes more than a unifying force across its portfolio; it is the goal
for strengthened implementation, sound partnerships, and collective resilience.
Empowered partnerships
Security, affordability, and sustainability – these are known as the “energy trilemma” – challenges presently
faced by businesses. It’s especially relevant for the future of property
development and urban resilience.
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| SM Prime continues forging strategic
partnerships with leaders in renewable energy to expand its clean energy
capacity, drive innovation, and accelerate the transition to a low-carbon
future. |
For SM Prime, a comprehensive and diversified energy mix is an
approach that benefits renewable energy producers and transforms the industry,
and is the broader strategy to reduce reliance on fossil fuels.
SM Supermalls has already achieved more than 50% of renewable energy
use across its malls by leveraging partnerships with key renewable energy
players and direct procurement.
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| SM Sta. Rosa. SM Supermalls continues to scale
its use of renewable energy across its nationwide portfolio. By increasing its
solar rooftop capacity, SM helps make its malls cleaner, more energy-efficient,
and more resilient for surrounding communities. |
This energy infrastructure reflects SM Prime’s significant investment
in emerging technologies. In 2022, SM Prime’s partnership with Aboitiz
Renewables, Inc. (ARI) activated its strategic plans, and in 2024, it further
broadened its renewable-energy footprint by partnering with TotalEnergies. The
addition of Citicore Renewable Energy Corporation in 2025, along with the
steady increase of leading solar rooftop suppliers for SM Supermalls, helps
meet the demands for renewables through on-site generation.
This commitment to sustainable energy drives positive change and
contributes to SM Prime’s broader mitigation and adaptation strategies,
supporting the country’s national framework in achieving its emission reduction
targets.
Energy for the people
Resilient communities and enduring partnerships for climate-smart
urban centers are part of these system shifts toward energy independence. It
confirms that renewables are a strategic asset, especially as they become
affordable and community-serving, empowering businesses nationwide.
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| The festive Christmas Holidays at SM
Supermalls. Powered increasingly by
renewable sources, SM malls continue to serve as vibrant community hubs—bright,
welcoming spaces that reflect SM Prime’s commitment to sustainable and
resilient development. |
It also supports a sustainable lifestyle. For the SM Green Movement,
this balance is achieved by re-energizing neighborhoods to contribute to the
climate crisis and offering more options to become energy and fuel-efficient,
while improving quality of life.
“We started the journey with our energy efficiency programs in the
90s,” said SM Supermalls President Steven Tan. “This lets us enjoy our mall
spaces now because we maximize our energy use, lower operational costs, while
hopefully, reducing our emissions”.
“Of course, we still have a long way to go. But we are trying to make
renewable energy accessible at scale to our malls – not just to create
decarbonization value for the communities we touch and work with – but to
provide flexible, adaptive, and sustainable mall experiences. Most importantly,
a safer future for all,” said Tan.
About SM Green Movement
SM Prime Holdings, Inc. (SM Prime) is one of the largest integrated
property developers in Southeast Asia, committed to creating sustainable,
innovative, and inclusive spaces for Filipinos. Guided by its vision of
building a better future, SM Prime develops malls, residences, offices, hotels,
and leisure properties that support the growth of communities across the
Philippines.
Through the SM Green Movement, SM Prime champions sustainability by
focusing on waste management, water stewardship, and energy efficiency for
lasting impact. The movement empowers individuals, families, and communities to
take part in simple acts that create shared prosperity for generations to come.
(SM
PRIME)