SM Prime taps Citicore Renewables for the supply of Clean Energy

 

(From left to right) SM Prime Energy Consultant Jaime Patinio, SM Prime Chief Finance Officer John Nai Peng Ong, SM Prime President Jeffrey Lim, CREC Chairman Edgar Saavedra, CREC President & CEO Oliver Tan, CREC Sr. Manager Sales & Energy Trading Jerard Garcia

SM Prime Holdings, Inc. (SM Prime) and Citicore Renewable Energy Company (CREC) signed a Memorandum of Agreement on 11 July 2023 as a joint commitment to champion renewable energy. 

Through this partnership, SM Prime will source its energy requirements of up to 90-Megawatts (MWac) from CREC’s upcoming Lumbangan Solar Power Plant in Tuy, Batangas. The long-term agreement will commence in the first half of 2024. This is in line with the Retail Competition and Open Access (RCOA) policies of the Department of Energy. 

This development further strengthens both CREC and SM Prime's commitment to the Department of Energy's program of moving up the renewable energy supply component of the Philippines to 35% by the year 2030. 

“This partnership marks our strong commitment to providing sustainable operations in our developments nationwide. It is aligned with SM Prime's target of achieving net zero by the year 2040. SM Prime ensures that its risk-informed investments catalyze sustainable development and positive change in the communities where it operates,” said Mr. John Ong, SM Prime Chief Finance Officer.

The agreement with SM Prime adds to CREC’s long list of blue-chip company partners, attesting to the company’s solid performance and service excellence.

“We are happy to partner with SM Prime in providing clean and safe renewable energy for their power requirements,” said Mr. Oliver Tan, CREC President. “We believe that their support and trust in us through this partnership reflects our commitment as a renewable energy provider, and we are glad that SM Prime shares in our vision of a sustainable future,” Mr. Tan added. ###

ABOUT SM PRIME:

SM Prime is one of the largest integrated property developers in Southeast Asia that offers innovative and sustainable lifestyle cities with the development of malls, residences, offices, hotels, and convention centers. 

  

ABOUT CITICORE:

Citicore Renewable aims to lead the renewable energy revolution by empowering Filipino communities through positive energy. With a projected 5 Gigawatts of green capacity addition in the next five years, Citocore Renewable is committed to powering a First-World Philippines with Pure Renewable Energy.

A Founder’s Dream: Urban Farming and the SM Foundation

 Based on a vision put forward by founder Henry Sy, Sr., and a program that began in earnest in 2007; SM Foundation mounted simultaneous Urban Farming initiatives last July 7, at the SM City North Edsa Annex and 16 other SM malls. It was a wonderful way to highlight its progress over the years and to celebrate the vision with the strategic government agencies and LGUs that have been such valuable partners over the 16 years.

 

SM City North Edsa

This Urban Farming initiative is led by the SM Foundation through its Kabalikat Sa Kabuhayan on Sustainable Agriculture Program (KSK-SAP). It’s about uplifting the farmer community, fostering environmental consciousness, food security, and creating livelihood and income opportunities for marginalized urban communities. Through the KSK-SAP, a comprehensive program of urban farming techniques, product development, marketing, and basic accounting are offered in strategically-located field schools.

SM City Roxas

The KSK program has successfully conducted over 260 sustainable agricultural trainings, benefiting a total of 28,550 farmers. These trainings have taken place in both rural and urban settings, where participants have been exposed to sustainable farming modules that promote the cultivation of nutritious, high-quality vegetables and fruits. 

SM City Clark

 

Partnering with the SM Foundation, SM Supermalls, and SM Markets are the following government agencies; the Department of Agriculture, the Department of Social Welfare and Development, the Department of Trade and Industry, the Technical Education and Skills Development Authority, the Department of Science and Technology, the Department of Tourism, and the Quezon City Government. Each government organization and LGU plays a vital role in maintaining the viability of the program, and so that no stone is left unturned in ensuring its success.

 

As an example, the SM Foundation has brought SM Supermalls and SM Markets into the picture so that as these urban farmers successfully harvest, they’re given an opportunity to market and sell their produce at the Sunday Markets that are now being held in several malls across the nation. When the produce reaches a volume that goes beyond this Sunday marketing mechanism, the SM Markets offer other alternatives.

SM City Naga

 

It’s about creating integration and circularity so that a mini-economic ecosystem is realized. After all, it can’t be about teaching them what and how to farm and then leaving them with no outlet with which to monetize this harvest. The SM Foundation creates these strategic partnerships so that true income opportunities become part of the overall scenario.

SM City Cabanatuan

 

Who would have thought that this vision of Henry Sy, Sr., back in 2007, would have been so uncanny in predicting the mounting problems and issues we face today in agriculture, sustainable food production, food security, and urban development? It’s a vision and dream that those in the SM Foundation are very proud to carry on, and deliver.

SM is in the business of creating a sustainable environment. From being the first to consider renewable energy in mall buildings, to implementing energy-saving devices, we continue to meet significant sustainability milestones. 

Join us as we commit to a more sustainable lifestyle at smgreenmovement.com and #SMGreenMovement

SM City Cebu

SM City East Ortigas

SM City Telabastagan

SM City Fairview

SM City Gen San

SM Supermalls, Mesa ni Misis team up for the healthiest SuperMoms Meetup

Just in time for Nutrition Month, SM Supermalls partnered with Mesa ni Misis to celebrate the healthiest SuperMoms Meetup at the SM Megamall Event Atrium on July 22, Saturday.

SuperMoms gathered once again for the biggest and grandest super momma convention, which also marked the launch of Juana’s Table, the newest recipe book by Mesa ni Misis’ Juana Manahan Yupangco.

 

“We SuperMoms hold the power to shape the future of our children's health. By embracing a plant-based diet and introducing it to our families, we can ensure that our little ones grow up strong, vibrant, and armed with the necessary tools to lead a healthy and fulfilled life.” said Grace Magno, SM Supermalls Vice President for Corporate Marketing. 

SM Supermalls and Mesa ni Misis, through the recipe book, aimed to educate moms on the importance of healthy and sustainable eating. Written by Yupangco herself, who is a food security champion and advocate for local produce and farmers, the book is filled with healthy and affordable meal options that moms can easily create in their kitchen using the freshest produce found at the SM Sunday Market. 

During the event, participants were treated to a cooking demo by Yupangco, who was then joined by celebrities and certified SuperMoms, Dimples Romana and Patti Grandidge Herrera who whipped up a veggie gimbap using fresh, local ingredients. They showcased how easily one can create a delicious and healthy meal for the whole family using one of the many recipes found in the book. Also, moms got the chance to discover how to practice sustainability in the household through cooking.

The meetup featured on-ground activities for moms such as the SuperMoms Club Photo wall where SuperMoms got to take photos with their goodie bags and a raffle draw where lucky SuperMoms won special prizes and other awesome surprises from partners and sponsors. 

Started in 2018, SM Supermalls’ SuperMoms Club is the Philippines’ largest mommy community on Facebook. Its on-ground event, the SuperMoms Meetup, has become an avenue to further build a stronger community of inspiring women and super mommas who uplift, support, and encourage each other. 

“This meetup was designed with your well-being in mind. We want to make you feel valued and cared for, and at the same time, we want to give you a voice to be heard at home, in the workplace, and in your community. Your SM Supermalls family will always be here for you, listening to you and understanding your needs and helping you throughout your motherhood journey,” said Juana Manahan Yupangco.

The healthiest SuperMoms Club meetup in the metro was supported by SM Markets, SM Store, Fully Booked,Viu, NutriAsia, UnMeat, Téviant, Skin Poem, Designer Blooms and Blims Furniture.

Never miss out on the latest SuperMoms gatherings at SM Supermalls! To know more about the SuperMoms Club, join the Facebook community for moms, by moms via www.facebook.com/groups/SMSuperMomsClub.

SG Hassan Pasco receives a Plaque of Recognition from CDRRMO

SG Hassan receives a plaque of recognition from the City Disaster Risk Reduction and Management Office officials:  (L to R) Ralph Kristian Eustaquio, Research and Planning Division Head, Vanessa T. Reyes, CGADH-I, CDRRMO , Rolly Asaula Administrative Division Head and John Edward Babani Administration and Training Division Head. With them is SM City San Pablo CRS Manager Ramon Domingo (3rd from right).

City Disaster Risk Reduction and Management Office awards SM City San Pablo guard SG Hassan Pasco a plaque of recognition for his selflessness and courageous efforts in saving a life during a critical and life-threatening situation on June 25, 2023.

While conducting his regular rounds, SG Pasco noticed a 74-year-old customer experiencing difficulty breathing due to something stuck in his throat. Fortunately, as a trained guard in first aid rescue techniques, he performed the Heimlich maneuver (Abdominal Thrusts) right away, and that saved the customer. 

SG Pasco is trained in first aid rescue techniques and regularly undergoes refresher courses with the assistance of a Certified First Aid Trainer from the Philippine Red Cross. These training sessions are conducted every morning before the mall opens.

CDRRMO Management Council in San Pablo, Laguna said that his quick thinking, decisive action, compassion, and unwavering dedication to the preservation of human life have made a remarkable impact on the community. SG Pasco also received P10,000 from the city Administration Office.

Empowering communities through #SocialGood

 The private sector plays a significant role when it comes to economic growth in the Philippines by generating more jobs and contributing to our gross domestic product (GDP). Beyond that, it is also considered to be a driving force for inclusive and sustainable development in the country as more and more businesses employ corporate social responsibility (CSR) initiatives to address social and environmental concerns within the communities where they operate.

By helping improve the quality of life of the people in these host communities, business is able to flourish. As such, CSR has become a key pillar of successful business management through the years. SM’s visionary founder, Henry “Tatang” Sy, Sr., put it best in his principle that social development and investment go hand in hand with business growth to achieve a better future.

The SM group has embraced the responsibility to contribute to nation building through its social good arm, the SM Foundation, Inc. (SMFI). For nearly four decades, we have focused our resources, time, and reach to ensure that we are able to create opportunities wherever SM is present through social good programs that are geared towards quality education, sustainable agriculture, healthcare, and disaster response.

Anchored on Tatang’s belief that education is the greatest equalizer, SMFI established the SM Scholarship Program in 1993 to provide the youth access to quality tertiary and vocational education. We believe that through our scholarship grants, SM will be able to contribute to eradicating the intergenerational poverty cycle by granting scholarships to economically challenged but deserving students. And to complement this and more importantly, to address the challenges being faced by our public school system, SMFI, together with social good partners such as SM Prime, we have provided school buildings equipped with key facilities and equipment to underserved communities. 

Another social good pillar of SMFI is sustainable agriculture that aims to address the dilemma of the aging farmer population in the country as well as the growing gap between supply and demand for local food sources. In 2007, the foundation launched the Kabalikat sa Kabuhayan (KSK) program to bring modern and sustainable farming skills and linkages in both rural and urban communities, empowering farmers to have food on their table and creating market linkage to provide them with economic opportunities. 

Accessible healthcare and timely disaster response are also at the heart of the foundation’s advocacy. Through its Health and Wellness program, SMFI helps address the shortage of quality healthcare facilities in the country by constructing and upgrading health centers in host communities supplemented by medical mission activities nationwide. The Operation Tulong Express (OPTE), on the other hand, gives immediate assistance in the form of relief goods and medical services in collaboration with SM Supermalls and SM Markets to communities affected by calamities and disasters that frequently occur in the country.

During the onset of the Covid-19 pandemic in 2020, SMFI was one of the first organizations to assume an active role in assisting in the pandemic response by expanding the reach and impact of the Health and Wellness program and utilizing its partnerships to extend a helping hand to frontliners and Filipinos nationwide, especially those in SM host communities.

Through these social good programs, we continuously aspire to be a development partner for our host communities and serve as model for other organizations in terms of bringing social development specially in areas where they operate.

Implementing CSR involves a dynamic learning process given that social and environmental good are moving targets – and these cannot be fully achieved through one-time activities and decisions. Instead, companies should view and approach CSR as a process of continuous improvement that involves being constantly alert to new issues and considerations, which can be achieved through consistent community consultation and engagement.

And contrary to the notion that CSR is only an approach for large corporations and multi-national businesses, small and medium-scale enterprises can also have the means to benefit their respective communities in their own ways. In fact, they are more likely to effectively facilitate local-level CSR programs as they are more deeply embedded in their communities. Examples of these include sourcing of raw materials from community-based suppliers, matching and encouraging charitable work by employees, and even as simple as going paperless in their daily business operations.

CSR programs, no matter the size or scale, are valuable to the communities they are serving because of their pivotal role in promoting sustainable, just, and balanced development, and contribution in addressing social and environmental challenges. 

SM joins Earth Hour 2022; Lights switch-off, Virtual Run part of activity line-up

 

As part of the company's sustainability efforts, SM Supermalls, through its corporate social responsibility arm SM Cares, is once again joining the world in observing Earth Hour, with this year’s theme "Shape Our Future," focusing on how we can work together in halting and reversing climate change and nature loss by 2030.

Earth Hour is an annual campaign launched in 2007 by the World-Wide Fund for Nature (WWF) that encourages the turning off of non-essential lights as part of energy conservation efforts for the planet. Since its first observance in the Philippines in 2008, SM has been joining the campaign every year, being one of the first in the private sector to support it.

This year, SM will continue to promote the campaign by being one of the official partners of WWF for the Earth Hour Virtual Run, to be held from March 26 to April 22. Aside from this, all SM malls will be joining the light switch-off on March 26 from 8:30 PM to 9:00 PM.

"SM is proud to have been supporting Earth Hour throughout the last 14 years. Every year, we partake in this very important movement because we want to inspire people to action and tell them that no matter how small their contribution is, it will go a long way if we work together," said Engr. Liza Silerio, SM’s Vice President for Corporate Compliance and Head of Sustainability. 

“Through Earth Hour, we want to engage over a billion people worldwide and engage decision-makers whether in business, institutions, and governments, to move the agenda of nature up the priority list in the global sphere and in the national agenda. We want people to lend their voices as we're shaping our future, 

and hopefully, we'll be changing the ending for the positive – for both people and the planet,” said Atty. Angela Ibay, Climate and Energy Program Head of WWF-Philippines

Aside from joining the campaign every year, SM has been active in environmental protection in many ways. For instance, all SM malls are equipped with energy and water conservation facilities. The company also regularly joins tree planting activities, and has waste management initiatives such as Trash-to-Cash, e-waste and used acid lead batteries collection programs, and the plastic waste collection program with the Plastic Credit Exchange.

SM has also been investing more in renewable energy. Eight malls in the country and three in China are now equipped with solar panels, with more to follow in the coming months. SM also pledged to increase its use of renewable energy to 50 percent of its overall energy usage by year-end.

SM City Tuguegarao Downtown Solar Rooftop

SM's other sustainability initiatives include the annual Green Film Festival, promoting environmental awareness among students and the youth through films; the AweSMSeas project, promoting awareness on the negative impact of plastic waste on seas and oceans; and the International Coastal Cleanup joined by thousands of volunteers every year, to name a few.

SM Cares is the corporate social responsibility arm of SM Prime Holdings, supporting initiatives that focus on communities and the environment. In addition to its programs on the environment, SM Cares’ advocacies include programs on women and breastfeeding mothers, persons with disabilities, senior citizens, children and youth, and the Bike-Friendly SM Program. 

Visit www.smsupermalls.com/smcares to learn more.

SM Supermalls teams up with the Girl Scouts of the Philippines (GSP) to boost the Department of Health’s ‘Resbakuna Kids’ nationwide vaccination campaign.

Laging Handa! SM Supermalls, the PH government’s single biggest private entity partner, together with Girl Scouts of the Philippines (GSP) launched Resbakuna Kids to vaccinate Girl Scouts aged 5-17 and adult members for booster shots at SM Megamall's Kids wonderland-themed vaccination site. The event was attended by SM Supermalls Senior VP for Marketing Joaquin San Agustin, SM Supermalls Asst. VP for Operations Ian Mathay, Mandaluyong City Hospital Director Cesar J. Tutaan and GSP National President Nina Lim-Yuson.

SM Supermalls’ ongoing vaccination efforts will now also welcome over 700,000 members of the GSP to get inoculated against COVID-19 starting April 2.

“We remain devoted to supporting the ‘Resbakuna Kids’ campaign of the Department of Health, and I think what’s more important is being able to administer the vaccinations particularly to the Girl Scouts of the Philippines who have not been vaccinated yet,” said Joaquin San Agustin, Senior Vice President of Marketing at SM Supermalls. 

San Agustin also urged those who are still hesitant to get jabbed to safeguard the public’s health and safety.

“We encourage everyone to get vaccinated and for those who were vaccinated to get their boosters. It is not only for the safety of the person [but it is also] for the safety of their families and we, at SM Supermalls, will always welcome everyone for vaccinations here in our malls nationwide,” San Augstin said.

GSP National President Nina Lim-Yuson also echoed the need for children to get vaccinated so they can fulfill their duty of serving their communities.

“We know the Girl Scouts [of the Philippines] made their promise to serve God and our country and to help people at all times. You cannot help others if you are sick. We want everybody to be healthy and well, and that is why we hope they will all get vaccinated at SM Supermalls,” Yuson said.

This initiative led by SM Supermalls is encouraging members of the GSP who have not been vaccinated yet, especially children aged 5 to 11, 12 to 17 and senior citizens to get jabbed at their nearest SM mall vaccination site.

Prior to the vaccination day, GSP members must register in their respective local councils. Parents and guardians must also secure copies of any of the following documents: birth certificate, health records, school registration or ID, or baptismal certificate.

The collaboration between SM Supermalls and the GSP aims to speed up the vaccination rollout in the Philippines in order to achieve herd immunity in the country as soon as possible.

As the single biggest entity to vaccinate Filipinos in the country, SM Supermalls has already administered over 9.4 million doses of COVID-19 vaccines nationwide in its 78 mall vaccination sites. The mall chain remains dedicated in its commitment to ensuring a safe malling experience for the public through its staunch support of the government’s nationwide vaccination campaign.