iTech Solution
  • Blog
  • About iTech Solution
  • Contact Me
  • Disclaimer

Ayala Group’s AREIT, Inc. Receives EDGE-Zero Carbon Certification for 8 Office Buildings

1/30/2024

0 Comments

 
Ayala Group’s AREIT, Inc. receives EDGE-Zero Carbon Certification for 8 Office Buildings
The 8 office buildings totaling 354,000 square meters owned by AREIT, Inc. (AREIT), a REIT subsidiary of Ayala Land, Inc. have been certified by EDGE Zero Carbon, making the portfolio of Ayala Land and AREIT's offices the largest in the Philippines.
The International Finance Corporation (IFC), the private sector division of the World Bank Group, is the innovator behind the Excellence in Design for Greater Efficiencies (EDGE) international green building certification program. The greatest EDGE certification available, EDGE Zero Carbon, is given to establishments that have used renewable energy sources to offset all of their carbon emissions. In comparison to the base case, it necessitates a minimum of 40% energy reductions as well as 20% savings in water and embodied carbon in materials.

The Glorietta 1 and 2 Corporate Center, Solaris One, McKinley Exchange Corporate Center in Makati, Vertis North Corporate Centers 1, 2, and 3 in Quezon City, and the 30th Corporate Center in Pasig were among the 8 AREIT buildings that received the EDGE Zero Carbon Certification. These awards were given in recognition of the buildings' improvements in energy efficiency (45.33%), water efficiency (49.07%), and embodied carbon material reduction (61.88%).

“Our commitment to EDGE Zero carbon is a testament to the value we see in developing environmentallyconscious developments to ensure a more sustainable future for the country,” said Mariana Zobel de Ayala, Senior Vice President and Group Head for Leasing and Hospitality of Ayala Land, Inc., Director of AREIT, Inc., and Executive Director of Ayala Corporation.

Ayala Land, Inc. and AREIT, Inc. guaranteed their commitment to expediting the shift to net zero by signing a Memorandum of Understanding (MOU) with the International Finance Corporation in September 2023. By 2025, ALI and AREIT hope to have established the largest EDGE Zero Carbon office portfolio in the Philippines by achieving EDGE Zero Carbon across 1.5 million square meters of office space.

"We commend Ayala Land and ARElT on its latest EDGE Zero Carbon certification, the highest level for EDGE. This is a clear example of successfully translating climate ambitions into action and we look forward to seeing the rest of their office portfolio certified," said Jean-Marc Arbogast, IFC Country Manager for the Philippines.

​88% of Ayala Land, Inc. and AREIT, Inc.'s office portfolio—or 1.2 million square meters of gross leasing space—is now powered by renewable energy, enabling its office locators meet their sustainable development goals.
0 Comments



Leave a Reply.

    ​PLACE YOUR ADS HERE
     Join and Subscribe to my Newsletter.
    It's FREE!

      EMAIL SUBSCRIPTION

    Subscribe to Newsletter
    ABOUT THE 
    ​
    BLOGGER
    www.itechsolutionph.com
    Hi, I'm Ralph Gregore Masalihit!
     
    An RFP Graduate (Registered Financial Planner Institute - Philippines).

    A Personal Finance Advocate. An I.T. by Profession. An Investor. Business Minded. An Introvert. A Photography Enthusiast. A Travel and Personal Finance Blogger (Lakbay Diwa and Kuripot Pinoy).
    ​
    ​Currently, I'm working my way toward time and financial freedom.
    CONNECT
    ​WITH ME

    ​Follow me on
    LINKEDIN
    ​FACEBOOK x
    itechsolutionph.com


    Tweets by itechsolutionph
    ​PLACE YOUR
    ADS HERE

    PLACE YOUR
    ADS HERE

    Categories

    All
    Adobe
    AI
    Amazon
    Amazon Web Services
    AMD
    Artificial Intelligent
    ASP
    Business
    CIMB
    Cloud
    Computer Programming
    Computer Troubleshooting
    Computer Virus
    Corporate
    Cybersecurity
    Domain Name
    E Books
    E-books
    Entrepreneur
    Facebook
    Finance
    GCash
    GCredit
    Google
    Google Adsense
    Google Analytics
    Google Philippines
    Information Technology
    Instagram
    Internet
    Investments
    Linux
    Macintosh
    Malware
    Meta
    Microsoft
    Monetization
    MySQL
    Nod.ai
    NVidia
    Oracle
    Oracle Certified
    PLDT
    Programming Language
    Search Engine Optimization
    SEO
    SERP
    Smart Communication
    Smartphone
    SQL
    SQL Server
    Tech Innovators
    Technology
    VBScript
    Web Hosting
    Website Builder
    Weebly
    Windows

    Archives

    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023

Copyright © 2011 - 2024 iTech Solution. All Rights Reserved.

For comments and suggestions, please send your email to the Web Administrator.

Should any problems arise with regard to your viewing experience, please report it to us. Thank you!


Designed and Developed by iTech Solution

  • Blog
  • About iTech Solution
  • Contact Me
  • Disclaimer