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Economy

SM Prime wins gold for SM Waste Free Future initiative

SM Prime Holdings Inc won the Gold Award in the Transformation Category at the 2026 ESG Edge Impact Awards for its SM Waste Free Future initiative.

Source: BusinessWorld Philippines · August 14, 2026 at 5:55 PM · AI-assisted report

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SM Prime wins gold for SM Waste Free Future initiative
Image: bworldonline.com

KUALA LUMPUR, 15 AUGUST 2026 —

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SM Prime Holdings Inc won the Gold Award in the Transformation Category at the 2026 ESG Edge Impact Awards for its SM Waste Free Future initiative.

Market Impact

The jury cited the group’s shift to standardized waste segregation and its 80 per cent diversion rate for non-hazardous waste achieved in 2025.

SM Waste Free Future started in 2024 at SM Mall of Asia with a three-bin system—Recyclable, Disposable, Compostable—to embed daily sorting habits across all SM properties.

Engr. Liza B. Silerio, SM Supermalls vice-president for Compliance and Sustainability, said the programme began with daily waste audits and gradually built infrastructure and behaviour change.

By the end of 2025 the group diverted 80 per cent of non-hazardous waste from landfill, up from pre-rollout levels.

SM GUUN Environmental Company Inc, a waste-to-fuel facility in Consolacion, Cebu, processed more than 6,000 metric tons of disposable waste last year.

The material is converted into alternative fuel for cement makers such as Holcim Philippines and APO Cement, keeping plastics and paper in productive use.

SM GUUN’s ecosystem now includes Asia Brewery, PetValue, Nature Springs and Concreat to recover, process and repurpose waste across SM properties and surrounding businesses.

Community engagement scaled through SM Cares, which mobilised 48,000 volunteers for last year’s International Coastal Cleanup.

SM Prime said the programme integrates employees, tenants, partners and local governments under the SM Green Movement.

Louernie de Sales, SM Prime vice-president for Sustainability and president of SGECI, said the award showed that collaboration can turn intractable waste problems into scalable solutions.

Reporting based on BusinessWorld Philippines. Figures and claims are subject to revision as the story develops. DomainFork publishes editorial context, not investment advice — see our editorial standards.