On July 20, the 6th China Finance Summit themed "New vision of China’s economics: Transformation and Revolution" was held in Beijing. SM China was recognized as 2017 Model Corporate of Social Responsibility issued by the organizing committee with its focus and pragmatism in corporate social responsibility.
The Trophy
China Finance Summit, established in 2012 by the Chinese financial industry and the mass media, is one of the most influential exchange platforms in Chinese financial sector. Corporates recognized as "2017 Model Corporate of Social Responsibility" were selected by its organizing committee through social survey and were judged by panel which consists of famous institutions, experts and leading figures in mass media. The other 7 winners of the award include notable brands such as Boston Science, Cushman & Wakefield, Fuji xerox , Dafa Land, Poten Environment, Griffin Reed Capital Group, Tibet Spring 5100.
Mr. Benedicto A. Granados Jr. (4th from right) received award presented by Ms. Li Yinlu, Scholar of Beijing Normal University (1st from right)
SM Group has established the SM Foundation Inc. way back in 1983 to incorporate social responsibility into the institutionalized management of the enterprise. In 2004, SM Cares, a division of SM Foundation Inc., was founded and handles the corporate social responsibility programs of SM Prime Holdings, Inc., it commit itself to supporting community development, sustainable development and care for people who need help. SM China has brought a series of innovative programs into China and carried on the great tradition of fulfilling SM’s corporate social responsibility.
WE Turn on a Blue Future-2017 SM China Earth Hour
This is the 7th year that SM China host public welfare activities such as Earth Hour and SM Children’s Book Reading Day. For the 2017 Earth Hour activity with the theme of WE Turn on a Blue Future, SM called on concrete actions in our daily life to protect our environment. For the 2017 SM Children’s Book Reading day, SM has bridged the traditional Chinese culture with Children through special paper-stage of ancient immortals and monsters.
2017 SM China Children’s Book Reading Day
SM China also spares no efforts in environmental-friendly projects. On the roofs of SM City Xiamen, SM Lifestyle Center and SM City Jinjiang, there are over 6,600 solar panels; annual electrical power generation reached 2.3 million kilowatt-hours. They are the first shopping centers that own Building-Integrated PV Project in Xiamen and Quanzhou. Furthermore, SM has spent RMB15 million yuan in building the only detachable and full steel parking building in Fujian province, which has 485 parking spots and more than 95% of reuse rate.
Building-Integrated PV Project in SM City Xiamen
Perspective drawing of detachable and full steel parking building
People Help People, the commitment to social responsibility made by SM Group, is also the primary principle advocated by group founder Henry Sy, Sr. SM China not only provides human oriented services and innovative projects in daily life, but also step forward for the city and its people when needed.
Sep. 15th, 2017, the Chinese traditional Mid-Autumn Festival, when the super typhoon Meranti struck Xiamen on 3:05am, South Fujian suffered flood, houses collapse and the damage of infrastructure, Xiamen city faced electricity and water shortage where the factories and corporations are out of operations, local government has called on the work of resuming production and rebuilding. SM was the only shopping center that opened and served on time in Xiamen on that day.
On the typhoon-landing night, the management personnel of SM stayed at their posts and deal with all kinds of urgent situations, they cleaned the malls and asked all tenants to maintain their usual operations for citizens.
SM Open on Time after Typhoon Landfall
7am on Sep. 15th, SM Walmart opened on time. At 10am, SM Malls opened just as usual. The mall has offered a rest area with free-charging service and drinking water for citizens. Catering tenants bought barreled water while the municipal water supply was not yet recovered. The professionalism and social responsibility shown by SM under the extreme impact of typhoon were widely praised by media and citizens.
About SM China
SM Group, one of the largest integrated property developers in Southeast Asia, was established in 1958 by Mr. Henry Sy, Sr.. Since the entering of the Chinese market in 2001, SM has invested shopping centers in Xiamen, Jinjiang, Chengdu, Suzhou, Chongqing, Zibo, Tianjin, and Yangzhou cities. Its masterpiece –SM City Tianjin, which will become one of the largest shopping centers in the world with the floor area of 560,000㎡– has officially launched world-wide leasing and soft opening of Phase I on Dec. 17th, 2016.