SM Prime Invests in Future Sustainability Leaders with Scholarship Program

Inspired by the late Henry Sy Sr.'s belief in the power of education and driven by their commitment to sustainability, leading integrated property developer SM Prime Holdings, Inc. (SM Prime) has launched a scholarship program in partnership with the University of the Philippines Los Baños (UPLB).

Aptly called the "SM Sustainability Scholarship," the initiative reflects SM Prime's commitment to both educational access and sustainability stewardship.

The program will fully support ten deserving students through their undergraduate studies at UPLB, providing them with the opportunity to pursue degrees in either Bachelor of Science in Human Ecology or Bachelor of Science in Forestry. These fields align with SM Prime's focus on building resilient communities and fostering a sustainable future.

The scholarship recipients, meticulously chosen for their academic excellence and dedication to sustainability, were formally recognized during a meet-and-greet gathering at UPLB, marking the start of their journey as SM Sustainability Scholars.

SM Sustainability Scholarship. In the photo are the SM sustainability scholars with the University of the Philippines Los Baños’ Office of Scholarships and Grants Director Assoc. Prof. Ariel L. Babierra, Ph.D., College of Forestry and Natural Resources’s Prof. Marilyn Combalicer, College of Human Ecology Dean Dr. Jennifer Amparo, Vice Chancellor for Student Affairs Dr, Janette Malata-Silva, Scholarship Affairs Officer Ivy Salarde and SM Prime AVP Rida Reyes-Castillo with the rest of the SM team.

Each scholar will receive a full scholarship covering tuition fees, a monthly living allowance, and a book allowance, ensuring they can focus on their studies without financial worries.

During the gathering, College of Human Ecology (CHE) Dean Dr. Jennifer Amparo expressed that the pursuit of sustainability is most effectively undertaken collaboratively.

“CHE is one of the colleges that puts a premium on interdisciplinarity and trans-disciplinarity because we believe that in sustainability, you don’t work in silos. We need to work together and build each other’s skills, know-how, and also our programs together to ensure sustainability,” she said.

“I would also like to thank SM Prime for putting emphasis on this scholarship. SM Prime did not just provide the finances or scholarship. They invested the time to really meet our scholars and provided other support mechanisms to ensure that our scholars thrive in their academic lives. This is also a manifestation of SM’s commitment to sustainability by really developing our future sustainability leaders,” she added.

College of Forestry and Natural Resources’ Prof. Marilyn Combalicer also extended the college’s support to the scholars on behalf of the college’s dean, Dr. Marlo Mendoza: “We hope to continue nurturing such meaningful collaboration and initiatives that enhance our educational experience and initiatives for our students. Rest assured that we will continue providing support to our students in ensuring their growth and success in both academia and beyond.”

SM Prime’s AVP Rida Reyes-Castillo meets the SM sustainability scholars.

Meanwhile, SM Prime AVP and Head of Marketing, PR and Corporate Communications, Rida Reyes-Castillo, echoed that the fundamental values of the company are intricately interwoven with both education and sustainability.

“SM Group’s founder, Mr. Henry “Tatang” Sy, Sr. believed that education is a great equalizer, and he envisioned that sending one child to college would create ripples of social good not just for families but for an entire community,” she said. “The improvement of the well-being of the youth and the partner communities is something that we at SM invest in.”

For decades, the SM group has embraced the responsibility to contribute to nation building through social good programs that are geared towards quality education, sustainable agriculture, healthcare, and disaster response. By helping improve the quality of life of the people in these host communities, social development and investment go hand in hand with business growth to achieve a better future for all.

This is a paid partnership with SM Prime Holdings.

SM Prime Explores Potential Partnership with Japanese Firm for Waste-to-Fuel Solutions

Leading real estate developer in Southeast Asia, SM Prime Holdings, Inc. (SM Prime) recently signed a memorandum of understanding with Japan’s GUUN Co. Ltd. to explore a potential partnership to implement waste management solutions by recycling waste paper and plastics as an alternative source of energy called ‘fluff fuel’.

Fluff Fuels are one type of RDF (Refuse Derived Fuel) which are produced from shredded and compressed plastics, papers, and fibers. These are used as fuels in cement manufacturing, paper mill companies, or power companies in Japan.

SM Prime Chairman of the Executive Committee Hans T. Sy is positive that a partnership with GUUN will contribute to the waste reduction goals of the country. “Today, Japan’s waste management and recycling technology is among the most advanced in the world,” he said. “There is no better partner for SM because we do not just talk about being big, we make sure we do it; we do not talk about being environment friendly but we do take bold steps to save the environment. I am looking forward to growing with GUUN as among leaders in solving environmental issues in the Philippines.”

GUUN Co., Ltd., founded in March 2001 and headquartered in Yokohama City, Japan, piloted the production of fluff fuel from plastic waste in Inayawan, Cebu in 2014 and recently inaugurated its P200-million, 2,400-square meter waste recycling plant in Tayud, Consolacion, Cebu. 

Since then, Japan’s Ministry of the Environment has adopted GUUN’s waste-to-fuel technology as a model for advanced low-carbon technology innovation for further deployment in developing countries.

“This will be a milestone partnership for us,” GUNN Chief Executive Officer Shinji Fujieda said after the signing ceremony. "I understand very much how important waste management is for SM and for the Philippines and we look forward to more projects we can do with the properties of SM Prime.”

SM Prime’s initiatives for waste management include waste reduction and effective waste collection and segregation. Over the years, it has implemented programs such as Trash to Cash, Plastic Waste Collection, and E-Waste Collection that have contributed to reducing the total solid waste generation across its real estate portfolio. 

Through its pioneering Trash to Cash recycling market, SM Prime has collected and recycled 1.4M kg of plastics, paper, metals, and others in 2022. “We have saved 16,766 trees from the 986,222 kg of paper recycled,” SM Prime disclosed in its 2022 Integrated Report to shareholders. 

Meanwhile, SM’s Plastic Waste Collection program, a partnership with the Plastic Credit Exchange that was launched in February 2021, has accumulated 42,541kg of plastic waste from 14 mall sites. Also present in all its 83 SM Supermalls is the E-Waste Collection program for the responsible disposal of WEEE (Waste from Electrical and Electronic Equipment). This drive has helped process close to 7,000 kilograms of e-waste.

SM Prime’s Second Annual Integrated Report Receives Multiple Recognition from International Organizations

(May 22, 2023, Pasay City) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, has been recognized by three international award-giving bodies for excellence in transparent Environmental, social, and governance (ESG) reporting for its 2021 Annual Integrated Report entitled "Together, We Rise".

SM published its sustainability reports since 2013 even before the Securities and Exchange Commission (SEC) mandated sustainability reporting in the Philippines. SM Prime further promotes transparency and accountability by informing investors and stakeholders of its ESG performance and impacts, decision-making processes, and competitive positioning value in the sector.

“We are honored to receive these awards as a recognition of our commitment to provide transparent reporting in our sustainable practices. We value all our stakeholders, and we strive to enrich the quality of life of the Filipino people,” SM Prime President Mr. Jeffrey Lim said.

At the summit of international recognitions, SM Prime bagged accolades from the biggest and most coveted awards competition in the business world called Stevie® Awards. The Asia-Pacific Stevie Awards recognizes business innovation across the entire Asia-Pacific region, whereas IBAs is one of the first and most highly anticipated awards programs of the Stevie Awards that features a wide variety of categories relevant to every facet of the workplace that is open to all kinds and sizes of organizations globally. SM Prime was awarded the Bronze Stevie® Winner at the 2023 Asia-Pacific Stevie Awards program and Silver Stevie® Winner in the 2022 International Business Awards (IBAs).

Also, in the regional scene, the company won a Silver Rank in the Asia Sustainability Reporting Rating (ASRRAT) 2022, a sustainability report ranking by the National Center for Sustainability Reporting (NCSR). ASRRAT’s rating system employs criteria based on GRI Standards compliance, GHG disclosures transparency, and alignment with and support of the UN SDGs, among other factors.

The international recognitions are a testament to SM Prime’s active role in championing sustainability across its operations as it continues to be a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.

A Boost in Delivering Quality Healthcare

A resident of Cauayan City, Isabela undergoes a routine checkup in Brgy. District 1 Health Center

In 1971, the Philippines launched the Community Health Organization Program to classify health services into primary, secondary, and tertiary levels. As part of this initiative, barangay health stations were created to ensure that primary healthcare improves the overall health and well-being of individuals, families, and communities.

Since then, these local health centers have played a crucial role in improving the health outcomes of Filipinos. They have not only provided general healthcare services but also served as agents during the COVID-19 pandemic and helped with the vaccination rollout. Additionally, they continue to promote healthy lifestyles and prevent diseases, particularly among vulnerable populations.

Adequate facilities for improved healthcare

SM Foundation (SMFI) has made it its mission to provide adequate facilities and upgraded equipment to boost health centers as they fulfill their mandate of delivering quality health care, even amid the pandemic.

Pursuing its mission, SMFI and UNIQLO Philippines traveled to the cities of Tuguegarao and Cauayan in Cagayan Valley and upgraded two health facilities serving thousands of Filipinos. Beyond the new infrastructure, health workers see it as a chance to put forth the services they have always drawn from the heart.

In Brgy. District 1, Cauayan, Midwife Tarita Ann Ballasteros has tended to patients from low-income households, who barely have money to spare for the fare going to the facility and to buy medicine. She would then give the best care she can offer to compensate for the limitations of their center.

“Nakikita ko ang sitwasyon nila na ultimo pamasahe, wala sila. Iniisip ko, wala man lang akong maibigay na gamot sa kanila. Para sa akin, hindi ko man sila lubos na mapagaling, lalabas sila sa facility na magaan ang pakiram dahil sa tinatawag nating TLC (tender loving care),” she said.

Before, they had to use curtains as improvised medical partitions or lock the health center’s door to provide comfort to women seeking reproductive health care or pregnant mothers coming in for prenatal checkups.

“It takes time to prepare and attend to the next patient. Kailangan pa namin takpan ng kumot o ilock ang pinto ng center para magkaroon ng privacy ang mga pasyente. Dahil dito, isa lang ang naaaccommodate namin. Minsan, hindi sila komportable dahil nakikita ng iba yung procedure na ginagawa namin sa kanila,” she said.

Through the upgrade, the Brgy. District 1 Health Center had its own room for maternal and child health services, equipped with necessary medical tools. It was also fitted with a breastfeeding area and a designated space for immunization.

Health workers of Brgy. District 1 Health Center provides free prenatal checkups in the newly renovated health center

The upgrade served as the boost they needed to complement the TLC they have always given their community.

“Malaki ang connection ng renovation ng center sa pagsasaayos ng kalusugan ng aming komunidad. Kaming mga health workers ay mas eager na sa pag-pasok sa trabaho at mas marami na kaming pasyenteng mabibigyan ng serbisyo at matutulungan,” she said.

 

Through the newly renovated health center, residents of Brgy. District 1 health center enjoy free medical checkups.

“Dahil maganda na at maaliwalas, nakakatulong ito para gumaan ang pakiramdam ng pasyente bago pa man sila gamutin,” she added.

A change for the better

Sharing the same passion for health care service is Corazon Tanguilan, a Barangay Health Worker from Brgy. Cataggaman Pardo Health Center in Tuguegarao City. 

“As a healthcare provider, hindi po namin gaano iniisip ang kalakihan ng aming health center. Ang importante po ay taos pusong pagbibigay ng serbisyo sa patients namin. Nasa kalooban po namin kung paano namin gagawing maayos pagpapatakbo ng aming operasyon,” she said.

Through their dedication, they strived to accommodate the healthcare needs of their patients despite unfortunate working conditions–from broken tiles, cracked wall paint, and damaged cabinets to limited electric fans for ventilation.

“Sira po ang aming mga tiles. Mahirap po ito dahil baka madulas o mapaano ang aming mga pasyente na kadalasan ay buntis at mga bata. Kaya nilagyan na lang po namin ito ng masking tape para makaiwas sa aksidente,” she recalled.

Due to the center’s layout and space limitations, it became even more difficult for them during the pandemic. With sick children, pregnant women, and TB-DOTs patients, it felt like a weight was pressed against their chests as they hoped to safely accommodate all patients while implementing social distancing.

Brgy. Cataggaman Pardo Health Center health workers cater to the general medical needs of its community in the newly renovated health center.

“During immunization days, may mga pregnant mothers na darating for prenatal check-up. Ine-entertain namin sila dahil hindi namin puwedeng pauwiin ulit at pabalikin pa. Mahalaga po ang sapat na espasyo para maisagawa ang infection prevention and control measures. Kaya mainam po ang ginawa ng SM Foundation na pagpapalawak ng health center namin para sa kaligtasan ng patients namin,” she explained.

As their center was rebuilt from the ground up, they felt relief and gained renewed optimism to improve their operations.

Pregnant mothers from Cataggaman Pardo, Tuguegarao City can now get comfortable prenatal care in the newly refurbished health center.

In addition to the installation of new equipment and facilities, complemented by cosmetic improvements such as fresh paint and tiles, the upgraded health centers now include designated rooms for maternal care, medical check-ups, and TB-DOTs treatment. The spacious and well-ventilated lobby provides a warm welcome to the people of Tuguegaraonos, encouraging them to pursue healthy living and become valuable contributors to the growth of their city. 

“27 years na po ako sa serbisyo at bihira po ang health center na naka-aircon at well-ventilated. Kaya ngayon pong naisaayos na po ito, tiyak po ako na mas maeengganyo ang constituents ng  namin na pumunta sa aming Center,” she said.