SM Prime Maintains ESG Track Record with FTSE4Good Inclusion

SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, has retained its place in the FTSE4Good Index Series following the June 2025 review, marking its ninth consecutive year of inclusion.

Created by FTSE Russell, a subsidiary of the London Stock Exchange Group, the FTSE4Good Index is a globally recognized benchmark for companies that meet stringent Environmental, Social and Governance (ESG) standards. SM Prime’s continued presence signals not only strong ESG compliance but also sustained execution of long-term sustainability strategies.

“Our continued inclusion in FTSE4Good reinforces the strength of our ESG fundamentals and validates sustainability as a core pillar of long-term value creation for the SM property group,” said Jeffrey C. Lim, President of SM Prime.

SM Prime’s continued presence in the FTSE4Good Index reflects the strong alignment between its sustainability strategy and global ESG benchmarks. The company has ramped up renewable energy deployment, with solar rooftop systems now installed in 48 of its malls and properties.

Its latest project at SM City Fairview, a 3.785-megawatt peak (MWp) system comprising nearly 6,900 panels, is expected to generate around 5,960 megawatt-hours annually, avoiding approximately 4,133 tons of carbon dioxide emissions per year.

Beyond clean energy, SM Prime implements water reuse systems, rainwater harvesting and comprehensive solid waste management across its mall network. Community resilience and inclusive design are also integral to its property development strategy.

The FTSE4Good Index evaluates companies using more than 300 data points across three core pillars—environmental, social and governance—spanning 14 themes such as climate change, human rights and anti-corruption. Firms must meet minimum ESG score thresholds of 3.3 for developed markets and 2.9 for emerging markets, with reviews conducted semi-annually.

“As we build on our ESG momentum, we remain focused on scaling our renewable energy program, advancing climate-resilient infrastructure and deepening engagement with our stakeholders to future-proof our portfolio and support broader sustainability goals,” added Lim.