Disaster Risk Reduction

SM recognizes the risks of the effects of climate change. As part of its objective to attain business continuity and mitigate risks, the Company engages in partnerships to promote climate change adaptation.

UNISDR | UN ARISE

SM takes a leadership role in spearheading the UN Private Sector Alliance for Disaster Resilient Societies (ARISE) initiative in the Philippines. The UN ARISE is part of the United Nations Office for Disaster Risk Reduction (UNIDSR), with the mission to create risk-resilient societies among the private sector. Mr. Hans T. Sy, President of SM Prime Holdings, serves as one of the UN ARISE Board Members.

RESILIENT INFRASTRUCTURES

SM Prime Holdings takes a proactive stance in disaster risk reduction and resilience. In support of its strategy to build integrated lifestyle cities, SM systematically integrates disaster reslient features in its development to ensure its sustainability and the safety of its populations.

AUTOMATED WEATHER STATIONS

In partnership with the Weather Philippines Foundation, SM promotes disaster risk reduction by installing Automated Weather Stations (AWS) in each mall.
It serves as the most accurate real-time tool for communities to determine and forecast future weather conditions in order to be as proactive as possible in avoiding natural calamities.

SUSTAINABLE ENERGY FINANCE

BDO has renewed its partnership with the International Finance Corporation for the Sustainable Energy Finance Program. BDO has achieved great milestones throughout its implementation particularly in financing renewable energy, specifically biomass and mini-hydro.
BDO and IFC jointly received an international award during the United Nations Framework Convention on Climate Change (UNFCCC) Conference of Parties 19 in Warsaw, Poland.

 

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