20 Years of Driving Progress
2025 SUSTAINABILITY REPORT
Our Vision
Our Mission
Sustainability Agenda 1
Sustainable & Resilient Integrated City Development
In Cebu, SM Seaside City turns a coastal area into a busy hub. It fits local needs by creating community spaces while looking after its environmental impact. It supports better lifestyles, tourism and economic opportunities.
Urban Spaces Reimagined
1. Resilience
- Curved architectural design engineered to redirect and reduce wind pressure during strong typhoons
- Solar photovoltaic system rooftop mounted structures designed to withstand wind speeds of up to 300 kp (super typhoon level)
- Aluminum Composite Panel (ACP) coating finished with Polyvinylidene Fluoride resin for enhanced durability against extreme weather conditions
- 255 cubic meters rainwater catchment basin capacity
- 7.5 meters above sea level protecting the site from storm surges and coastal flooding
- 3.0 meters above city road level elevating the main mall platform to reduce flood risk
- 4.0 meters elevation difference between parking and main floor for added flood protection
- Critical electrical and mechanical equipment elevated to the roof deck to protect against water damage
2. Public Spaces as ‘Everyday Infrastructure’
- Dedicated bike lanes, bicycle parking and repair stations
- Annual weekend community runs and walk events within the Seaside complex (SM2SM Run, Cebu International Marathon, Women’s Run)
- Community engagement through fun runs, fitness events, sports activities (including pickleball) and celebrations
- Venues for recreational and religious activities
- Free public playground
- Active transport terminal for Point-to-Point shuttles
3. Socio-Economic Value Creation
- 209,681.73 sqm Gross Floor Area
- 5th largest mall in the Philippines
- 134,992.49 sqm Gross Leasable Area
- 544 tenants as of December 2025, including MSMEs
4. Environmental Protection
- 3,780 solar panels supporting low-carbon operations
- 100% waste management program
- 100% wastewater recycled for cooling and flushing
- Heat penetration reduced through Low-E glass, Insulated Glass Units (IGU) and fritted glass
- 100% LED lighting across interiors, common areas, arcades and perimeter fixtures
- Landscape design reduces cooling
demand through shading, wind control and microclimate cooling via evapotranspiration - Vestibules help maintain indoor temperature by minimizing infiltration of unconditioned air
5. Smart Energy and Technology
- 100% inverter-type elevator systems for energy efficiency
- Auto start-stop escalators in low-traffic areas to minimize energy use
- Centralized Building Management System optimizing cooling and overall energy consumption
- Solar panels supplying approximately 5% of total energy demand from distribution units
- Two (2) free Electric Vehicle (EV) charging stations, with four (4) additional Tesla charging slots forthcoming
- Skylights and curtain glass walls maximize natural daylight
- Sensor-activated toilet fixtures for water conservation
- Variable Frequency Drives (VFD) installed on pumps, air-conditioning systems and Air Handling Units (AHUs) to optimize energy efficiency
6. Waste Management
- Onsite waste segregation integrated with SM GUUN Environmental Company’s waste conversion operations
- Recyclables are recovered for recycling
- Disposables are converted to coal alternative fuel used by cement plants
and compostables are converted to landscaping soil - Available Trash to Cash Recycling Market to facilitate recycling and
E-Waste Collection programs for proper disposal - 52,528 kg of recyclables processed annually within the complex
Sustainability Agenda 2
Financial Inclusion, Job & Entrepreneurship Creation
Big Business, Small Enterprises, One Community
We are the largest marketplace for MSMEs in the Philippines. Having started as an MSME ourselves, we understand the journey of building a business — from first customers to sustainable growth. Today, we serve as a partner, marketplace and community for more than 100,000 micro, small and medium businesses across the SM ecosystem. Through our malls and platforms, we enable entrepreneurs to grow their businesses, create jobs, and support their families — strengthening communities and advancing shared, long-term progress.
SM for MSMEs: Where Small Businesses Grow
Growth begins with access to a high-footfall marketplace and a ready customer base. Through SM for MSMEs, our malls help entrepreneurs turn their ideas into sustainable businesses by opening pathways into formal retail. From pop-ups and kiosks to curated fairs in high-traffic malls, we give emerging, eco-friendly and youth-led brands the space, support and confidence to test, grow and build scale.
Financing Expansion, Powering Possibilities
Built to Bounce Back
Small businesses are often the hardest hit by disasters and economic shocks. We help MSME tenants prepare and recover by giving them practical support. This includes business continuity workshops with government and private partners, CARE booths in affected malls and free digital storage for important records. These efforts help MSME tenants protect their businesses and reopen faster — so livelihoods can continue when communities need them most.
Strengthening MSME Capability Through Global Partnerships
SM Investments partnered with the Global Reporting Initiative to deliver the MSME Sustainability Bridge Course in support of long-term resilience for small businesses.
The program equips MSMEs with practical sustainability knowledge, applying global ESG concepts to their day-to-day business operations – helping them build better risk management, operational efficiency and long-term competitiveness.
SM J.O.B.S: Jobs Opportunities Building Skills
Building Financial Confidence
Financial Literacy
- 12.3 million individuals trained in financial literacy
- Over 10 million students participated in financial
literacy courses - PHP7.9 million invested in financial education
initiatives
Financial Access
- 3.9 million credit cards in force in BDO
- 69% increase in total credit cards in force in Chinabank surpassing the 500,000-card milestone
- PHP80.7 billion in teacher’s salary loans from Chinabank
- 361,600 teachers with salary loans in BDO Network Bank
- 10% growth in average deposit of a Kabayan customer in BDO
- 338,911 domestic and international financial literacy lesson participants
Grow the Team, Grow the Future
Genevieve “Bang” Manalad, President, Savemore
“SM has been a place where my growth and leadership potential were nurtured based on my efforts, not my gender. Equal opportunity here means being given the tools, support, and trust to achieve your goals.”
From her early days with SM to becoming the first woman President of Savemore, Bang Manalad’s journey reflects SM’s commitment to developing leaders from within — grounded in meritocracy, opportunity and long-term investment in people.
SM Sustainability School
We built a learn-at-your-own-pace platform that makes sustainability skills easy, practical and part of everyday work.
- Nearly 100,000 employees trained across the Group
- 71 modules available
Sustainability Agenda 3
Climate Action and Just Transition toward a Low-Carbon Economy
Powered by the Sun
From rooftops to floating solar panels, we put the sun to work by using, financing
and investing in clean energy across our businesses.
Powering Communities from the Rooftops
SM Prime has scaled rooftop solar across its properties, powering malls with clean energy and reducing reliance on the grid. By transforming rooftops into power plants, the company lowers emissions, stabilizes energy costs, and moves closer to its Net Zero by 2040 commitment.
SM Prime Solar PV System
68 properties with solar PV systems
116 MW rooftop solar capacity installed
200,000 solar panels installed
65 hectares of rooftop area utilized
Net Zero by 2040 SM Prime’s Climate Commitment
Floating Solar, Groundbreaking Impact
Atlas Mining Floating Solar
4.99 MW installed solar capacity
8,540 solar panels installed
~10% of Carmen Copper’s energy needs supplied
Up to 50 MW scalable expansion potential
3 hectares of reservoir surface optimized
1,832.7 tCO₂e estimated emissions avoided
Powering the Shift
- PHP 72 billion financing for energy access, renewables and energy efficiency
- Solar & battery storage projects supporting grid efficiency and
clean power deployment - ~3,300 tCO2e avoided equivalent to ~20% reduction in Scope 2 emissions
- 100% renewable energy for head office and Binondo Business Center
- PHP1.2 trillion total sustainable finance projects funded by BDO to date
- 3.7 million families served by renewable energy projects
- 71 SEF projects to date
- 8,494,943 tCO₂ avoided
Clean Miles Ahead
We cut transport emissions by gradually electrifying our fleet and steadily powering logistics hubs with renewable energy — moving goods smarter, cleaner and with less impact on the road.
Low-Carbon Logistics
3.4% of 2GO’s logistics fleet is electrified
2 EV trucks & vehicles deployed by 2GO
40.5 tCO₂e avoided annually
2 2GO warehouses operating on renewable energy
Powering Sustainable Mobility
Enabling EV drivers to charge conveniently while they shop.
157 EV charging stations installed across SM properties
82 properties with EV charging
Sustainability Agenda 4
Green Options for Sustainable Lifestyle Shifts
Green Options for Everyday Living
Green Finds curates everyday products made with more thoughtful materials and practices – so choosing better fits naturally into daily life.
Chosen every day, everywhere
Chosen by Millions of Shoppers
Easy green wraps
Chosen every day, everywhere
Crafted with purpose. Rooted in Culture.
local businesses and artisan communities supported by Kultura
Crafts for a Cause
local MSMEs & artisans supported
communities supported nationwide including indigenous groups and cooperatives crafts
Save from Extinction
of select sales help protect wildlife
products for wildlife awareness
Heritage, Handmade
Creating livelihood through upcycled products
Traditional weaving and embroidery, passed through generations
Green Leisure: Enjoy More, Tread Lightly
Plate for the Planet
local MSMEs & artisans supported
food waste diversion in Taal Vista through biodigester
and in Park Inn Bacolod with partner farm
Green Stays, Made Effortless
Reduction in Electricity consumption per Room Night by as much as 8%
Reduction in Water consumption per Room Night by as much as 11%
Less Plastic, more Purpose
of hotels with refillable amenities
Up to
of single-use plastic items eliminated and converted to earth-friendly materials
Tourism that Gives Back
UnWrap Better
Right-sized, Responsible Design
FSC-certified paperboard packaging
Smarter Packaging for Logistics
Circular Transport Solutions
Reduced landfill waste from operations
recyclable, reusable, biodegradable materials
Retail at Scale
of SM Markets Ecobags sold, which is equivalent to 31.2 million plastic bags avoided
Sustainability Agenda 5
Societal Well-being and Development
Impact You Can Feel and Measure
of students report better classroom focus
of teachers experience fewer respiratory issues
of students experience fewer respiratory issues
of teachers report more space for student learning activities
of teachers have more time for lesson planning
of teachers report reduced overtime due to less class shifts
of students are more likely to enjoy class
of students report improved classroom comfort
A clear front board for writing and showing lessons
Comfortable seats that support good posture for learning
Emergency-ready and PWD-friendly school building
Study garden/ green space
Library hub
Handwashing facilities
Fueling Future Talent
Over
Over
Future-Ready Now!
As industries accelerate their shift to digital, workforce readiness must keep pace. Future-READY, Now! equips our scholars with practical, job-relevant and digital skills that bridge the gap between academic learning and workplace demands. By strengthening their adaptability and technical capability, we help prepare talent that can thrive in an evolving economy.
Digital and technical skills
Professional development
Workplace readiness
Exposure to SM Group work environments
When Health Means a Paycheck
In a country where about 40% of workers rely on informal or daily-wage jobs, health is closely tied to income. Even a short illness can disrupt household finances and local economic activity, making strong primary
healthcare essential.
By upgrading public health centers to meet PhilHealth accreditation standards, we expand access to insured care and strengthen local health services. This helps communities stay healthy, resilient and able to participate meaningfully in the economy.