The company now sources more than half of its operational power from certified renewable energy, underscoring how clean energy adoption is reshaping the country’s commercial property landscape.
As of mid-2025, SM Prime has installed solar photovoltaic (PV) systems across 48 malls and offices, with a combined capacity of 73 megawatts peak (MWp).
“SM Offices not only supports but also goes beyond the Philippine government’s target of having 50 percent of the country’s power generation come from renewable sources by 2040,” said Alexis L. Ortiga, vice president and head of SM Offices, in a statement.
Sustainability as a business strategy
Under the Department of Energy’s National Renewable Energy Program (NREP) 2020–2040, the Philippines aims to raise renewables’ share in the power mix to 35 percent by 2030 and 50 percent by 2040. SM Offices’ initiatives align with this national goal while strengthening its long-term competitiveness.
Across its expanding portfolio, the company integrates solar grids, sensor-enabled fixtures, and energy-efficient cooling systems into building operations—lowering energy costs, improving comfort, and helping tenants meet their environmental, social, and governance (ESG) goals.
Several flagship developments—ThreeE-Com and FourE-Com Centers in the Mall of Asia Complex, Aura Tower beside SM Aura Premier in Bonifacio Global City, Mega Tower in Ortigas, and North Towers in Quezon City—have achieved LEED Gold certification from the U.S. Green Building Council.
Currently, One E-Com, Two E-Com, and Five E-Com are pursuing LEED O+M certification, which recognizes excellence in the sustainable operation and maintenance of existing buildings.
Powering a greener future
Ortiga said SM Offices’ sustainability approach is both strategic and adaptive.
“Our offices are located closer to where people live, helping reduce travel time and emissions. We are expanding renewable energy use and EV charging infrastructure to support a lower-carbon economy,” he noted.
The model, he added, is commercially sound, reducing exposure to energy price volatility and bolstering tenant and investor confidence. For companies seeking sustainability-aligned spaces, SM Offices’ renewable-powered portfolio offers both stability and reputational advantage. —Ed: Corrie S. Narisma
