September 2014

SM Hosts 5th Green Retail Forum

Source: Manila Standard Today

The business sector should be resilient to disaster in case a magnitude 7.2 earthquake hits Metro Manila, the Philippine Volcanology and Seismology (Phivolcs) said.

Dr. Renato Solidum Jr., Phivolcs director, said cited the West Valley Fault as a critical factor in preparing for contingencies in the 5th Green Retail Agenda led recently by SM Supermalls, through SM Cares, at the SMX Mall of Asia.

“We can expect the West Valley Fault to move within our lifetime,” he said, referring to the geological alignment across Marikina, Quezon City, Pasig, Makati and Taguig, that has moved four times in the last 1,400 years with a major earthquake occurring every 400 years.

According to Solidum, the last major earthquake took place in 1658 or 356 years ago.

SM Prime Holdings Inc. president Hans T. Sy (on the left) with his excellency the Mexican ambassador the Philippines Julio Camarena-Villaseñor  

With this year’s theme as “The Business Case for Disaster Risk Reduction”, SM Supermalls aims to present ways to make businesses more risk-sensitive so that all stakeholders, including the government, will be encouraged to invest more in disaster-risk reduction efforts.

Annie Garcia, President of SM Supermalls said with nearly half of the major natural disasters of the past 20 years occurring in Asia, including the Philippines, there is greater need to make business disaster resilient.

“The impacts of disasters have become a growing concern not only with the government but especially for us in the private sector. We have all suffered the devastating effects of natural disasters,” she said.

“According to the World Risk Index, the Philippines is the third most disaster risk country worldwide with over 5 billion US dollars of loss due to disasters in a decade.”

In 2012, floods, typhoons and earthquakes caused more than $274 billion of economic losses in Asia.

Dr. Mahar Lagmay, Executive Director of Project NOAH (Nationwide Operational Assessment of Hazards), in the same forum said at least 23 places, including Metro Manila, are identifies as prone to storm surges much like that brought by super typhoon Haiyan (Yolanda).


PHILVOCS Director Dr Renato Solidum says in the Green Retail Agenda that we can expect the West Valley Fault to move within our lifetime

“We did simulation and we found no less than 23 areas that are prone to a storm surge whenever there is a typhoon and that we have submitted this to the respective local government units so they make the necessary preparations,” he said.

These areas include the coastal cities of Navotas, Las Pinas, Paranaque and Manila in Metro Manila and coastal towns in the provinces of Pampanga, Bataan, Quezon, Albay and Camarines Sur.

The forum, which was put on live streaming to different universities in the country, was held in coordination with SM Cares, the corporate social responsibility arm of SM Supermalls.

SM Prime is a member of the United Nations Office for Disaster Risk Reduction- Private Sector Partnerships.

SM Cinemas host special screening for blind, deaf

A special treat awaits vision and hearing impaired individuals as several branches of SM Cinemas nationwide will host special movie screenings today starting at 9 a.m.

Dubbed as the “Special Movie Screening for the Blind and Deaf”, the rare event is spearheaded by SM Cares, a division of SM Foundation, through its Program on Disability Affairs in partnership with SM Cinema, Deaf-Blind Support Philippines, MTRCB and C.A.L.L. (Center for Advocacy, Learning and Livelihood).


A mother and child smiles before they enter the cinema for the special movie screening for the blind and deaf at SM North EDSA last August 15, 2014


In Metro Manila, SM North EDSA will host the special screening of the movie “Hugo” while simultaneous screenings will be held at SM Baguio which will feature the movie Life of Pi; SM Davao which will show Les Miserables and SM Iloilo which will feature the movie Taken 2.

The featured movies will have an audio-descriptions and sub-titles to suit the needs of persons with visual and hearing impairments.

A child laughs at a scene from Martin Scorcese’s “Hugo” at special movie screening for the blind and deaf held at SM City North EDSA Cinema 3

Bien Mateo, Program Director of Disability Affairs of SM Cares and SM Supermalls vice president for North Luzon said the event is also supported by various People with Disability (PWD) organizations such as AKAP Pinoy, Philippine Blind Union, National Council on Disability Affairs and the Philippine Foundation for the Rehabilitation of the Disabled.

After the positive feedback in last year’s special screening at the SM Megamall, Mateo said they had expanded this year’s screening to other malls to accommodate more persons with visual and hearing impairments.

SM Builds the Largest Commercial Solar Rooftop

SM Prime Holdings Inc. is building the largest commercial solar rooftop in the Philippines as part of its commitment to use clean, renewable and sustainable energy in its operations.

 SM Prime Holdings Inc. president Hans T. Sy (third from left) shakes hands with Solar Philippines president Leandro Leviste to seal the deal for the construction of the largest commercial solar rooftop in the country. Others in the photo are (from left) Christopher Bautista, Chief Finance Officer, SMPHI; Steven T. Tan, Senior Vice President, SM Supermalls; Engr. Rhoel Carlo Gonzaga, Head Design Engineer, Solar Philippines; Aldren B. Samson, Business Operations Manager, Solar Philippines.
SM Prime president Hans T. Sy said a 1.5-megawatt (1,500 kilowatt) solar rooftop is currently being built at the SM City North Edsa which will be used to power up a significant portion of the mall’s energy requirements.

The solar rooftop project, the largest of its kind on a commercial establishment in the country, will be operational by October this year and make SM City North Edsa the largest solar-powered mall in the world. It will be built by Solar Philippines, led by its president Leandro L. Leviste, the same company behind the other largest commercial solar rooftop installations in the country.

In use, solar energy produces no emissions. One megawatt hour of solar electricity offsets about one ton of carbon dioxide. Solar plants also produce electricity during peak hours when the grid supply is tight preventing power blackouts.

SM Prime also built a 1.1-megawatt rooftop solar power project in its Xiamen mall last year, the first and the most mature shopping mall in the group’s growing portfolio in mainland China.

The project involved the installation of 3,740 solar panels on the roof of SM City Xiamen Phase 1 and Phase 2 (SM Lifestyle Center), with a total investment of 13.2 million renminbi (RMB) or $ 2 million.

For its pioneering efforts in upgrading its services, SM City Xiamen was awarded the Mall China Golden Mall Awards 2014 Excellent Upgrade last April in Shanghai by the Mall China Information Center (or Mall China), the first non-profit organization in Mainland China catering to China’s retail property sector and is the largest shopping center retail organization in China. Sy said: “SM Prime is constantly in pursuit of the highest level of operational efficiency. We want to significantly reduce greenhouse gas emissions and operating costs by minimizing electricity consumption. In line with this, we place strong emphasis in investing in the latest innovations in sustainable and energy efficient technology.”