SM Prime’s second annual integrated report receives multiple recognition from international organizations

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, has been recognized by three international award-giving bodies for excellence in transparent Environmental, social, and governance (ESG) reporting for its 2021 Annual Integrated Report entitled "Together, We Rise".

SM published its sustainability reports since 2013 even before the Securities and Exchange Commission (SEC) mandated sustainability reporting in the Philippines. SM Prime further promotes transparency and accountability by informing investors and stakeholders of its ESG performance and impacts, decision-making processes, and competitive positioning value in the sector.

“We are honored to receive these awards as a recognition of our commitment to provide transparent reporting in our sustainable practices. We value all our stakeholders, and we strive to enrich the quality of life of the Filipino people,” SM Prime President Mr. Jeffrey Lim said.

At the summit of international recognitions, SM Prime bagged accolades from the biggest and most coveted awards competition in the business world called Stevie® Awards. The Asia-Pacific Stevie Awards recognizes business innovation across the entire Asia-Pacific region, whereas IBAs is one of the first and most highly anticipated awards programs of the Stevie Awards that features a wide variety of categories relevant to every facet of the workplace that is open to all kinds and sizes of organizations globally. SM Prime was awarded the Bronze Stevie® Winner at the 2023 Asia-Pacific Stevie Awards program and Silver Stevie® Winner in the 2022 International Business Awards (IBAs).

Also, in the regional scene, the company won a Silver Rank in the Asia Sustainability Reporting Rating (ASRRAT) 2022, a sustainability report ranking by the National Center for Sustainability Reporting (NCSR). ASRRAT’s rating system employs criteria based on GRI Standards compliance, GHG disclosures transparency, and alignment with and support of the UN SDGs, among other factors. 

The international recognitions are a testament to SM Prime’s active role in championing sustainability across its operations as it continues to be a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people. 

SM group to build new school buildings in Laguna, Batangas

 

Continuing its commitment to helping elevate the country's education system, SMFoundation, Inc. (SMFI), in partnership with SM Prime Holdings, Inc. (SMPHI) and the

Department of Education (DepEd), have recently collaborated to construct two new school

buildings in Laguna and Batangas.

Upon the completion of the joint initiative, two two-story four-classroom school buildinwill be donateto the Laguna Resettlement Community School in San Pedro City, Laguna and the San Antonio

Elementary School in Sto. Tomas City, Batangas.

Each of the school buildings is set to be equipped with learning materials, armchairs,

handwashing facilities, emergency equipment, and PWD-friendly facilities to ensure that

students, especially from low-income communities, gain access to modern, safe, and conducive

learning facilities.

Formalizing the partnership, representatives from the SMFI, DepEd, and the local government

units of said provinces attended the memorandum of agreement signing last April 28, 2023,

at the National Educators Academy of the Philippines (NEAP) in Malvar, Batangas.

SM Foundation, through its School Building Program, is an active partner of DepEd in various

educational programs.

This social good initiative aims to promote quality public education by building classrooms

nationwide. To date, it has turned over more than 100 school buildings to grassroots communities.