Friday, August 15, 2025

SM Prime Holdings retains spot in prestigious FTSE4Good Index for 9th consecutive year

SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, today announced its continued inclusion in the FTSE4Good Index Series following the June 2025 review. This marks the company’s ninth consecutive year of being recognized as a leader in environmental, social, and governance (ESG) practices.

The FTSE4Good Index, a globally recognized benchmark by FTSE Russell (a subsidiary of the London Stock Exchange Group), identifies companies that demonstrate strong ESG standards. SM Prime’s consistent presence on this index underscores its unwavering commitment to sustainability and the successful implementation of its long-term sustainability strategies.

“Our continued inclusion in FTSE4Good reinforces the strength of our ESG fundamentals and validates sustainability as a core pillar of long-term value creation for the SM property group,” said Jeffrey C. Lim, President of SM Prime.

SM Prime’s sustained success in meeting these global benchmarks is a direct result of its strategic focus on sustainability. The company has significantly expanded its renewable energy initiatives, with solar rooftop systems now installed in 48 of its malls and properties. A recent highlight is the 3.785-megawatt peak (MWp) system at SM City Fairview, which is projected to generate approximately 5,960 megawatt-hours annually, offsetting an estimated 4,133 tons of carbon dioxide emissions per year.

Beyond its clean energy efforts, SM Prime has integrated comprehensive sustainability practices across its operations, including water reuse systems, rainwater harvesting, and robust solid waste management programs. The company also emphasizes community resilience and inclusive design in its property development strategy.

Lim added, “As we build on our ESG momentum, we remain focused on scaling our renewable energy program, advancing climate-resilient infrastructure, and deepening engagement with our stakeholders to future-proof our portfolio and support broader sustainability goals.”

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