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SM Prime Sustains ESG Leadership in FTSE4Good Index

SM Prime Holdings, Inc. has once again proven its sustainability leadership by maintaining its spot in the FTSE4Good Index Series for the ninth consecutive year. The June 2025 review confirms the company’s unwavering commitment to responsible and inclusive development.

The FTSE4Good Index, developed by FTSE Russell under the London Stock Exchange Group, is a globally respected benchmark that evaluates listed companies based on rigorous Environmental, Social, and Governance (ESG) criteria. SM Prime’s consistent inclusion underscores its strong ESG compliance and long-term strategic vision.

Jeffrey C. Lim, President of SM Prime, emphasized that the company’s sustained recognition affirms its deep-rooted sustainability efforts. “Our continued inclusion in FTSE4Good reinforces the strength of our ESG fundamentals and validates sustainability as a core pillar of long-term value creation,” he said.

Among the company’s most impactful initiatives is the expansion of its renewable energy program. Solar rooftop systems have now been deployed across 48 malls and properties, significantly reducing the environmental footprint of its operations.

A notable highlight is the solar installation at SM City Fairview—a 3.785-megawatt peak (MWp) system made up of nearly 6,900 panels. This project is expected to produce around 5,960 megawatt-hours of clean energy annually and prevent over 4,000 tons of carbon dioxide emissions each year.

Beyond clean energy, SM Prime also implements water reuse systems, rainwater harvesting, and solid waste management throughout its mall network. Its property designs prioritize inclusivity and resilience, aiming to create spaces that serve both environmental and community needs.

The FTSE4Good Index evaluates companies using over 300 indicators across key ESG themes, such as climate action, anti-corruption, and human rights. With minimum score thresholds required for inclusion, SM Prime’s consistent performance reflects a strong alignment with global sustainability standards.

Looking ahead, SM Prime remains focused on scaling its sustainability initiatives. “As we build on our ESG momentum, we remain focused on advancing climate-resilient infrastructure and deepening engagement with our stakeholders,” said Lim, reaffirming the company’s commitment to future-proofing its portfolio while supporting broader sustainability goals.

Written by Village Connect

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