ALI Offsetting Greenhouse Gas

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ALI to offset 70% greenhouse gas by year-end
Published September 14, 2019, 10:00 PM
By Emmie V. Abadilla

SOURCE:https://business.mb.com.ph/2019/09/14/ali-to-offset-70-greenhouse-gas-by-year-end/

The country’s top property developer, Ayala Land, Inc. (ALI), will offset 70 percent of its greenhouse gas (GHG) emissions this year-end and expects net-zero carbon emissions in its malls, offices and other commercial properties by 2022, eight years earlier than the national target date.

Corporate entities are among the world’s largest polluters, emitting greenhouse gases (carbon dioxide, methane, nitrous oxide, and ozone) that cause global temperatures to rise. Although the Philippines is not among the world’s top emitters, it is vulnerable to the effects of climate change.
Alfonso Javier D. Reyes, CEO of Direct Power Services, Inc., a wholly-owned subsidiary of ALI, said the company has been at the forefront of the country’s environmental sustainability campaign for over a decade.

The property firm has been measuring its carbon emissions since 2008 and working to minimize its footprint. Achieving “net-zero carbon” or becoming “carbon neutral” measures how successful the company is in offset its GHG emissions.

ALI follows four strategies to achieve carbon neutrality: Avoid emissions through passive cooling and sustainable architectural design; reduce fuel and energy use; shift to renewable energy (with minimal to zero emissions) and enhance carbon stock in forests via assisted natural regeneration.

While its carbon forests continue to expand in coverage, more of ALI’s commercial properties are shifting to renewable energy where available. These properties are “contestable customers” averaging at least 1,000 kilowatts per month and can opt to choose their own Retail Electricity Suppliers and energy source.

“When ALI announced its carbon neutrality goals, we began changing our energy mix, sourcing our electricity contracts from renewable energy plants and from suppliers who are able to provide us with carbon-offset certificates conforming to international standards,” explained Reyes.

“We account for the GHG emissions of our commercial properties and construction activities in our Integrated Report disclosures to help us manage our carbon footprint. The I-REC and VER certificates assure us of the integrity of the reductions and offsets,” added Anna Maria M. Gonzales, Sustainability Manager at Ayala Land.

ALI’s carbon forests are nurtured through volunteers mobilized by partner non-government organizations.

As of 2018, 42,057 new native trees have been planted, with an 80%-100% survival rate across the sites. By protecting existing trees, soil, and vegetation in the sites, ALI enhances the capacity of these forests to continue absorbing carbon dioxide from the atmosphere.

ALI’s renewable energy patronage also significantly reduced its carbon emissions. To date, ALI’s malls and offices have avoided 84,642 tons of carbon dioxide equivalent (t-CO2e) from the shift to renewable energy alone. This is equivalent to the emissions produced by 16,303 passenger vehicles driven for a year.

As of last count, UP-AyalaLand Technohub, an early adopter of renewable energy and ALI’s top consumer of electricity, avoided 15,497 tCO2e emissions in 2018 alone (equivalent to the emissions from 2,985 passenger vehicles driven for one year). Meanwhile, Ayala Malls Vertis North and Tutuban Properties Inc., also running on renewable energy, avoided a combined total of 10,168 tCO2e emissions (or the same amount of emissions from 906,115 gallons of diesel consumed).

Under the Paris Agreement, the Philippines targets to cut its overall greenhouse gas emissions by 70% by 2030. ALI’s carbon neutrality initiative and its earlier deadline of 2022 directly contributes to the national goal and the global effort to limit global warming to 1.5 degrees Celsius by 2030.

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For property inquiries:

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Parklinks Availability

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Parklinks North Tower (PNT) Available Units + Prices

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Arca South Infra Plans

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Arca South 1Arca South 2Arca South 3Arca South 4Arca South 5Arca South Veranda

Disclaimer: The contents herein are subject to change without prior notice and do not constitute part of an offer or contract.

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REBL 5279 / HLURB 000327

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“Everyday Ayala Land” Video

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Ayala Land continues to create opportunities for Filipinos to lead well-lived lives. Everyday, our sustainable mixed-use communities foster harmony at home, at work, and at play. Every day, we continue to work as a strong partner in nation building.

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Anvaya Cove South Coast Availability

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LTS No. 030666

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CC midel.jerico@ayalaland.com.ph
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AWH Phase 2C Availability + Prices

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AWH Phase 2C Availability + Prices

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CC midel.jerico@ayalaland.com.ph
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The Courtyards Availability + Prices

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ALI news

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Philippines on verge of economic boom
MINORU SATAKE, Nikkei staff writer
SOURCE LINK:
http://asia.nikkei.com/Business/AC/Philippines-on-verge-of-economic-boom

MANILA — Philippine developer Ayala Land plans to go on a housing and shopping mall spree this year.

The builder plans to invest 100 billion pesos ($2.27 billion) in 2015, 40% more than it did last year. Chief Financial Officer Jaime Ysmael said. Of that amount, 43% will go into building condominiums in the Manila metropolitan area as well as detached homes on the capital’s outskirts, Chief Financial Officer Jaime Ysmael said.

The number of homebuyers is increasing in this country of 100 million as the middle class continues to expand in pace with economic growth. On the outskirts of Manila, other developers are also building homes.

Ayala Land will spend 25% of its 2015 investment budget constructing shopping malls, hotels and office buildings. The company currently operates 16 shopping malls across the Philippines. The number is expected to rise by eight by the end of 2016, according to local news reports. In the southern part of Luzon Island, where the capital is located, Ayala Land has teamed up with local retailers on a 1.6 billion-peso shopping mall. The facility is to open its doors by the end of the year.

The company is also working toward opening a new Mandarin Oriental hotel in 2020 under a management deal with the Mandarin Oriental Hotel Group. Ayala Land closed Mandarin Oriental Manila, in the city of Makati, last year. The hotel had been open for nearly 40 years and was showing its age.

The company is now building City Gate, a large-scale commercial complex that will house shops, offices and a hotel in Makati. The project is expected to cost 7 billion pesos.

Booming economy

Consumer spending accounts for 70% of the Philippine’s gross domestic product. And much of this spending has been driven by the more than $20 billion expat Filipino workers send home every year. Now other sectors of the economy are pitching in. Call centers and other business service industries are booming. And a growing number of Filipinos are holding down good-paying jobs, such as crewmen on merchant ships.

The International Monetary Fund expects the Philippine’s per-capita gross domestic product to exceed $3,000 this year. Once a country tops this mark, it is typical for purchases of automobiles, home appliances and other durable goods to sharply increase.

Ayala Group, a 180-year old business, is not alone in preparing for a coming flood of consumerism. Other Philippine conglomerates, like the SM Group and Gokongwei Group, have also been putting up shopping malls.

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For Ayala Land Premier property inquiries:
COCO MIDEL
M: +63.917.502.9252
T: (02)577.27.12
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ALI Buys out Ramos Fam in Trinoma

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Ayala Land buys out Ramos family in Trinoma mall
ABS-CBNnews.com
Posted at 02/06/2015 5:21 PM
SOURCE LINK:
http://rp1.abs-cbnnews.com/business/02/06/15/ayala-land-buys-out-ramos-family-trinoma-mall

MANILA – Ayala Land Inc. (ALI) again increased its ownership of Trinoma mall in Quezon City after buying out the remaining shares of the Ramos family’s Anglo Philippine Holdings Corporation (Anglo) in North Triangle Depot Commercial Corporation (NTDCC).

ALI said it purchased Anglo’s remaining 2 million shares in NTDCC, the owner and operator of the commercial center, for P523 million.

After the buyout, ALI’s ownership in NTDCC again increased from 63.82 percent to 70.36 percent of the total outstanding capital stock of NTDCC.

“This acquisition is aligned with ALI’s thrust of expanding its leasing business,” the firm said in a disclosure to the stock exchange.

The chairman and chief executive of Anglo is Alfredo Ramos, the son of National Book Store founder Socorro Ramos.

In December 2014, ALI began increasing its ownership in Trinoma by purchasing a proportionate share of Anglo Philippine Holdings Corporation’s 15.79 percent interest in NTDCC for P738 million.

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For Ayala Land Premier inquiries:
COCO MIDEL
M: +63.917.502.9252
T: (02)577.27.12
E: coco.ayala@gmail.com

Altaraza Commercial Lots

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Hi 

Here is the latest info on our commercial lots in Altaraza in Bulacan:

Altaraza Commercial Lots

Altaraza Commercial Lots

For reservations, please call me. 

Thanks, 

COCO MIDEL
M: +63.917.502.9252
T: (02)577.27.12
E1: coco.ayala@gmail.com
E2: midel.jerico@ayalaland.com.ph

 

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