SM Prime supports the Manila Observatory clean energy, climate and weather forecasting system

SM Prime Holdings, Inc. recently signed a partnership agreement with the Manila Observatory for the “High Definition Clean Energy, Climate, and Weather Forecasts for the Philippines” project, a data-based system that uses automated weather stations (AWS) and high-performing computer modeling to deliver clean energy and weather forecasts up to five days in advance.
From left to right: Jeffrey C. Lim, President, SM Prime Holdings; Bro. Jose Ramon Villarin, Executive Director, Manila Observatory; (retired) VADM Alexander Pama, Co-Chair, ARISE Philippines; Tim Daniels, Senior Vice President of Investor Relations, SM Investments Corp. ; Maman Antonia Loyzaga, administrator, Manila Observatory; and Ing. Liza B. Silerio, Vice President of Corporate Compliance, SM Supermalls

The five-year partnership was formalized with a simple memorandum of understanding signing ceremony that took place on September 23, 2021 via Zoom. Key representatives from various organizations that share SM Prime’s advocacy for disaster risk resilience (DRR) also attended the event. The multi-stakeholder initiative is part of SM Prime’s long-standing advocacy to promote disaster preparedness and resilience in the country through strategic partnerships and scientific information. Through this initiative, the Manila Observatory will produce daily weather forecasts and hourly forecasts for clean and renewable energies such as wind and solar power, up to five days in advance. The 49 AWS instruments installed in SM shopping centers nationwide provide real-time images of the atmosphere that allow the Observatory to fine-tune its micro-forecasts for renewable energy and weather. Additionally, long-term predictions of climate change in the Philippines from the 2030s to the 2090s will be continually made to help prepare communities, especially those that are more vulnerable to its negative impacts. In addition, the Manila Observatory will produce risk maps and reports for specific geographic areas based on weather or climate hazards, as well as training material for AWS operation and maintenance, and annual reports. , among other media. “We need to respond to the climate emergency and we want to do so by contributing to climate change mitigation, adaptation and disaster risk reduction, according to our strength as a scientific institution,” said the executive director of the Manila Observatory, the father. José Ramon Villarin SJ. “On behalf of the Observatory and the Jesuit mission, we are truly grateful to SM,” Villarin told SM Prime during his speech at the event. “Because you were there at the very beginning, it was not difficult for other partners to join you,” he added. “Manila Observatory’s daily forecasting services of clean weather and energy potential up to five days in advance, risk maps and accompanying reports will certainly help SM to prepare for disasters, to monitor and manage risk, thereby protecting our valuable stakeholders and the communities we serve. where the SM companies are, ”said Jeffrey Lim, president of SM Prime. “SM is fortunate to be a partner in this worthy endeavor and we look forward to a more sustainable and disaster-resilient society. SM Prime, one of Southeast Asia’s leading integrated real estate developers, remains committed to its role as a catalyst for economic growth, delivering cities with innovative and sustainable lifestyles, thereby enriching quality of life. millions of people. Sustainability, disaster risk reduction and resilience are among the core business strategies of SM Prime. It ensures that its risk-informed investments catalyze sustainable development and positive change in the communities where it operates.

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