SM Development Corporation Sustainability Profile
SM Development Corporation (SMDC), headquartered in the Philippines, is a leading player in the real estate industry, specialising in residential developments. Founded in 2007, SMDC has rapidly established itself as a trusted name in property development, focusing on creating innovative and sustainable living spaces across key urban areas in the Philippines. With a diverse portfolio that includes condominiums and mixed-use developments, SMDC is renowned for its commitment to quality and customer satisfaction. The company’s unique approach combines modern design with strategic locations, making its properties highly sought after. SMDC has achieved significant milestones, including numerous awards for excellence in real estate, solidifying its position as a market leader in the Philippine property sector.
DitchCarbon Score
How does SM Development Corporation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Real Estate Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
SM Development Corporation's score of 49 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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As of the latest reporting, SM Development Corporation does not have specific carbon emissions data available. However, the company is part of a corporate family that includes SM Prime Holdings, Inc. and SM Investments Corporation, from which it inherits climate commitments and initiatives. SM Development Corporation is a current subsidiary of SM Prime Holdings, Inc., which has set various climate-related targets. While specific reduction targets for SM Development Corporation are not detailed, the overarching commitments from its parent companies indicate a focus on sustainability and emissions reduction. The emissions data and climate initiatives are cascaded from SM Prime Holdings, Inc. at a cascade level of 2, and from SM Investments Corporation at a cascade level of 3. These parent organizations are actively engaged in climate action, including participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which guide their sustainability strategies. In summary, while SM Development Corporation currently lacks specific emissions data, it is aligned with the climate commitments of its parent companies, which are working towards significant reductions in carbon emissions and promoting sustainable practices within the industry.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 509,708,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
How Carbon Intensive is SM Development Corporation's Industry?
How Carbon Intensive is SM Development Corporation's Location?
SM Development Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
SM Development Corporation has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
