SM Offices, a business unit of SM Prime Holdings, Inc. (SM Prime), today announced a major sustainability milestone, confirming that it now sources more than half of its operational power from certified renewable energy (RE). This achievement underscores the company’s commitment to making sustainability a core driver of growth, tenant value, and resilience in the country’s commercial property landscape.
The transition reflects SM Offices’ leadership in clean energy adoption, positioning the company well ahead of national climate goals.
“SM Offices not only supports but also goes beyond the Philippine government’s target of having 50 percent of the country’s power generation come from renewable sources by 2040,” said Alexis L. Ortiga, Vice President and Head of SM Offices. “This aggressive adoption of RE stabilizes operational costs, enhances building reliability, and provides our tenants with a tangible way to meet their own ESG commitments.”
As of mid-2025, SM Prime has installed solar photovoltaic (PV) systems across 48 malls and offices, providing a combined capacity of 73 megawatts peak (MWp).
SM Offices is integrating these solar grids, sensor-enabled fixtures, and energy-efficient cooling systems across its expanding portfolio. This strategic focus on performance-driven operations provides immediate commercial benefits:
- Reduced Exposure to Price Volatility: Sourcing internal power reduces reliance on fluctuating grid energy prices.
- Support for Tenant ESG Goals: Leasing space in a renewable-powered building enhances the reputational benefits for companies seeking to meet stringent sustainability metrics.
- Enhanced Building Performance: Certified green building standards improve indoor environmental quality and user comfort.
Prestigious international certifications validate the company’s commitment. Several of SM Offices’ flagship developments have achieved LEED Gold certification from the U.S. Green Building Council, including:
- ThreeE-Com and FourE-Com Centers (Mall of Asia Complex)
- Aura Tower (Bonifacio Global City)
- Mega Tower (Ortigas)
- North Towers (Quezon City)
Furthermore, One E-Com, Two E-Com, and Five E-Com are currently undergoing LEED O+M (Operations + Maintenance) certification, which recognizes excellence in the sustainable operation and maintenance of existing buildings.
“Our approach is both strategic and adaptive. SM Offices remains resilient by integrating sustainability initiatives into its core strategies,” Mr. Ortiga added. “Our offices are intentionally located closer to where people live, helping reduce travel time and emissions, and we are expanding renewable energy use and EV charging infrastructure to support a lower-carbon economy.”
