Doing the Good Work: SM underscores practical sustainability at industry forum

Share

PASAY CITY, Philippines, October 13, 2025 – SM Investments Corporation (SM Investments), the parent company of the SM group, emphasized its practical approach to sustainability at The Dirty Work of Doing Good, a sustainability conference organized by the French Chamber of Commerce and Industry in the Philippines.

Addressing industry leaders, sustainability advocates, and changemakers, SM Investments Head of Investor Relations and Sustainability Timothy Daniels said that sustainability for SM must be “practical, scalable, and felt by stakeholders, especially the communities we serve,” given the breadth of its core businesses in property, retail, banking, and strategic investments in logistics and renewable energy.

“For us, sustainability has to be practical. It’s not about making easy promises, but about creating shared value. The strategy has to be a win for all our stakeholders, not just the business. The ecosystem must move together for the common good,” Mr. Daniels said.

Building resilient communities

With the Philippines among the most climate-vulnerable countries, Daniels stressed that disaster resilience is a shared responsibility. Since 2005, SM has dedicated 10% of its capital expenditures to disaster-resilient and sustainable infrastructure.

SM City Marikina, for example, is built on 246 stilts to withstand river overflows during typhoon season and has served as a refuge for nearby communities. Meanwhile, 41 rainwater catchment facilities across SM properties can collectively store 85,400 cubic meters of water, enough to fill more than 34 Olympic-sized pools to help mitigate flooding in surrounding areas.

Enabling inclusive growth

Mr. Daniels also highlighted SM’s focus on inclusive development through its integrated city model, which combines retail, offices, hotels, convention centers, and education facilities such as National University (NU) campuses to meet the evolving needs of communities.

Over 100,000 MSME partners are part of SM Retail’s value chain, while SM’s banking arms, BDO and China Bank extended Php72 billion in loans to MSMEs in 2024.

SM has likewise invested in renewable energy through the Philippine Geothermal Production Company (PGPC), which operates geothermal steam fields in Tiwi, Albay and Mak-Ban in Laguna and Batangas, while exploring five additional concession areas, including Mt. Malinao in Albay.

“At the end of the day, our vision is serious. We’re not just here to be a big company.  We’re here to help build and develop the communities we serve,” Mr. Daniels added.

Started in 1927, the Philippines Graphic is the longest-running printed magazine of national circulation that provides relevant news and features and promotes Philippine literature.

Table of contents [hide]

Read More

DTI highlights surge in PH coconut exports to $3.6B, accelerates push for global market expansion

VIA GRAPHIC PLUS — The Department of Trade and Industry (DTI) is intensifying efforts to transform the country’s coconut industry into high-value product streams, following a 34.4% surge in coconut exports, reaching...

Happiest Pinoy wins Stevie® for celebrating strength of Filipino spirit

VIA GRAPHIC PLUS — Happiest Pinoy, Cebuana Lhuillier’s flagship advocacy celebrating Filipino resilience, optimism, and joy, has been named a Bronze Stevie® Winner for Achievement in Corporate Social Responsibility at the 23rd...

Bigger, more dynamic trade event as Vitafoods Asia 2026 expands by 30%

VIA GRAPHIC PLUS | Bangkok, Thailand – Vitafoods Asia, the premier nutraceutical event in Asia organised by Informa Markets, is set to return in 2026 with its largest edition to date. The event...

From home kitchen to helping communities: CDO’s 50-year journey

VIA GRAPHIC PLUS — In 1975, nutritionist-dietitian Corazon Dayro Ong began preparing her own recipes for skinless longganisa and tocino, initially sharing them with family and neighbors. Together with her husband, Jose Ong,...