Ayala Land named CSR company of the year

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In photo: Sustainability Manager, Anna Gonzales, accepting the award on behalf of Ayala Land Inc.

Metro Manila (CNN Philippines) — Ayala Land Inc. (ALI) won CSR Company of the Year in this year’s Asia CEO Awards for its commitment to sustainable practices through its Carbon NeutrALIty program.

The annual business awards, which marked its 10th anniversary this 2019, recognized the accomplishments of individuals and organizations that have contributed in the promotion of the Philippines as a premier business destination. The ceremony was held last October 15, 2019 at the Manila Marriott Hotel.

It was in February 2017 when ALI first unveiled its target to achieve carbon neutrality or net zero carbon emission in all its commercial properties. The company has identified targeted, impactful and sustainable strategies which will help the company achieve its goal of being carbon neutral by 2022.

ALI has long been following design standards that support the reduction of emissions, with properties that maximize the use of natural light and breeze. The company also promotes energy efficiency and renewable energy sourcing, and has earmarked properties that will specifically serve as carbon sinks. The company has identified five sites spanning 448 hectares with the potential of being preserved as forests.

ALI has received a number of recognitions from the Asia CEO Awards throughout the years, which include Finance Team of the Year in 2011 and Executive Leadership Team of the Year in 2012.

The company’s leadership in driving earth-friendly development was also recently recognized at the recent Sustainable Business Awards Philippines. The company was named Best Overall and Best in Stakeholder Engagement and Materiality, which is given to firms that craft policies for engaging with communities. It was also given special recognition for Water Management, Strategy and Sustainability Management, and for initiatives towards attaining the United Nations Sustainable Development Goals.