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OrganisationsSM Development Corporation
SM Development Corporation logo

SM Development Corporation

Real Estate ServicesPhilippines
Last verified 11 months agosmdc.com

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.

32
DitchCarbon score

+3 vs industry average

SM Development Corporation’s score of 32 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

High

Real Estate Services has above-average carbon intensity

Industry performance

0.221
20182025

The Real Estate Services industry has reduced its overall emissions by 17% since 2018

Reported emissions

No reported emissions data is available for SM Development Corporation yet.

SM Development Corporation's reported carbon emissions

SM Development Corporation, headquartered in the Philippines, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of SM Prime Holdings, Inc., it inherits climate commitments and initiatives from its parent company.

While there are no documented reduction targets or specific emissions figures, SM Development Corporation aligns with the broader sustainability goals set by SM Prime Holdings, which is committed to addressing climate change through various initiatives. The company is part of a corporate family that engages in climate-related frameworks, including the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), with cascading commitments from SM Investments Corporation.

As the organisation continues to develop its climate strategy, it is expected to adopt industry-standard practices and targets to mitigate its environmental impact in the future.

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SM Development Corporation’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for SM Development Corporation yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

Inherited from SM Prime Holdings, Inc.
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Not active
CDP

Carbon Disclosure Project

Inherited from SM Investments Corporation
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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

Inherited from SM Investments Corporation
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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

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No peer comparison is available for SM Development Corporation yet.

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Ditchcarbonv260724.2
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