Signed during the “Tactics for Better PlasTIK” forum at SM Megamall, the agreement focuses on joint research, training, and conferences. SM’s efforts to reduce plastic waste include mall-wide initiatives like Waste-Free Future and a standardized segregation policy (RDC).
SM Prime Holdings also teamed up with Japan’s GUUN to convert non-recyclable plastics into alternative fuel, aiming to reduce landfill impact in the Philippines.
“Being a responsible company is important to SM and plastics are a real sustainability issue for the country. We are keen to work with our many stakeholders to reduce plastics use in the Philippines. We always look for practical solutions,” said Timothy Daniels, SM Investments Consultant and Head of Sustainability and Investor Relations,