SM Prime Holdings grabs Best Environmental CSR in 8th Mindanao Business Leaders and Entrepreneurs Awards

By Mark Francisco
December 27, 2019


SM Prime Holdings – which has made the presence of two shopping malls in Cagayan de Oro City – bagged the Best Environmental CSR during the recently held 8th Mindanao Business Leaders and Entrepreneurs Awards in Cagayan de Oro City.

The two shopping malls in Cagayan de Oro City under SM Prime Holdings are SM City Cagayan de Oro and SM CDO Downtown Premier. Opened in 2002, SM City Cagayan de Oro is the first SM Supermall in Northern Mindanao. Located in the uptown part of the city, the mall features major and minor anchors such as SM Store, SM Supermarket, Cyberzone, SM Appliance Center, ACE Hardware, Toy Kingdom and SM Cinemas. It has service centers, specialty stores and restaurants, indoor and outdoor parking spaces and its carpark building now houses apparel stores on the first level.

Meanwhile, SM CDO Downtown Premier is being branded as a lifestyle mall and opened in 2017 along CM Recto Avenue in Cagayan de Oro City. The five-level mall features anchors such as SM Store, SM Supermarket, SM Bowling and SM Cinemas with seven theaters including two Director’s Club cinemas and a Megascreen cinema. It also has several specialty shops and homegrown restaurants. Accompanying the mall is the CDO Downtown Tower which is a 12-storey building and eight levels of office space for BPO companies with helipad on the roofdeck.

SM Prime Holdings has been chosen by the jurors of the 8th Mindanao Business Leaders and Entrepreneurs Awards – which is organized by Mindanao Daily News and BusinessWeek Mindanao led by publisher Dante Sudaria and awards director Allan Mediante – largely due to its record of environmental sustainability through the decades that it has operated not only here in Mindanao but throughout the whole country.

Considering its rapidly growing operations, SM Prime Holdings recognizes the impact it has on the environment. The company has taken measures to prioritize the efficient management of its resources. SM religiously tracks its use of energy and water as well as its waste and emissions. SM implements mitigation measures to ensure that these aspects are managed at optimal levels. Other projects include the Green Retail Agenda, greenhouse gas emissions management, energy efficiency, solid waste management, water treatment and recycling, air quality management and solar power investments. While the company continues to expand and conquer new markets, it stays steadfast to uphold their mission as environmental stewards of the natural resources of the country.

In fact, it is noteworthy to mention that SM CDO Downtown Premier has its own rainwater catchment basin measuring 75x40 meters floor area and as high as six meters which can hold up to 13,540 cubic meters of water to reduce the risk of flooding.

SM Prime Holdings has also introduced a recycling activity called the Trash to Cash program which promotes the reduce-reuse-recycle practice. The company has been inviting the community to implement proper waste disposal and management at the household level. Through the Trash to Cash program, SP Prime was able to inform its stakeholders of the available solutions in solving solid waste issues and concerns.

SM Cares, a division of SM Foundation Inc., is the group that handles the corporate social responsibility programs of SM Prime Holdings. It organizes the sustainability efforts into a comprehensive program that tackles a wide range of initiatives: from giving a voice to the underrepresented sectors of our society to preserving the environment and to creating innovative but sustainable avenues of growth. SM Cares works with various organizations, shareholders and people from the community in coming up with innovative solutions that pave way to living more sustainable lives. As a responsible mall developer, SM ensures that its CSR programs serve as catalyst for positive change for the community it serves.

The 8th Mindanao Business Leaders and Entrepeneurs Awards gives honor to various Mindanao business leaders and entrepreneurs, serving as catalyst for their continued and concerted effort to seek greater heights and strive for success in the noble mission of propelling Mindanao and its people towards full economic growth and sustainable development.

The judges were chaired by Cagayan de Oro Press Club past president Ruffy Magbanua with the following as members: BusinessWeek Mindanao editor-in-chief Nelson Constantino, BusinessWeek Mindanao vice president for administration Joe Felicilda, Mindanao Daily editor-in-chief Allan Mediante, Mindanao Daily executive editor Cris Diaz, freelance journalist Tessi Baluyos and Mindanao Daily managing editor Ruel Pelone.

Guests of honor who gave inspirational speeches during the event which was held December 13 at Limketkai Luxe Hotel were Communications Secretary Martin Andanar and Cooperative Development Authority (CDA) Undersecretary Orlando Ravanera.

The 8th Mindanao Business Leaders and Entrepreneurs Awards is also being presented by Veterans Bank, Ayala, BPI BanKo, Cooperative Development Authority, provincial government of Misamis Oriental, CORDS 10 and PCOO, Limketkai Luxe Hotel, Pepsi, Washington, Angela Soriano Fashion Design Studio, SELRAHCO PR, Dessert Boss, Pie Square Photo Booth, AVPro and Marzel Digital Studio.



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