Shang Properties Inc 2023 AR2
The report highlights a record-breaking year for Shang Properties, Inc. (SPI) in 2023, achieving its highest-ever revenues of PhP9.8 billion and a net income of PhP5.5 billion. The company successfully launched two major residential projects, Laya and Haraya South, and celebrated the topping off of Aurelia Residences and Shang Residences at Wack Wack. In terms of sustainability, SPI advanced its ESG commitment by utilizing 2,000 GJ of renewable energy, recycling 15.74% of wastewater, and achieving 100% environmental compliance. Additionally, the company maintained a strong focus on social responsibility, recording zero work-related fatalities and donating PhP51 million to community investments.
Company: Shang Properties Inc
Sector: Real Estate
Country: Philippines
Year: 2023
Type: AR2
Pages: 128
Shang Properties Inc
Annual Report
The report highlights a record-breaking year for Shang Properties, Inc. (SPI) in 2023, achieving its highest-ever revenues of PhP9.8 billion and a net income of PhP5.5 billion. The company successfully launched two major residential projects, Laya and Haraya South, and celebrated the topping off of Aurelia Residences and Shang Residences at Wack Wack. In terms of sustainability, SPI advanced its ESG commitment by utilizing 2,000 GJ of renewable energy, recycling 15.74% of wastewater, and achieving 100% environmental compliance. Additionally, the company maintained a strong focus on social responsibility, recording zero work-related fatalities and donating PhP51 million to community investments.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Water Consumption
Total Waste
Workplace Fatalities
Employees