The SM Prime Story

Overview

The report presents SM Prime's record 2024 performance, including Php 140.4 billion in consolidated revenues and Php 45.6 billion in net income. It provides expanded Scope 1, 2 and 3 emissions data, a net-zero-by-2040 commitment, and a double materiality approach aligned with IFRS S1 and S2. The report also highlights 13,747 employees and externally verified selected sustainability information.

Document

Report type: Annual Report with Sustainability Disclosures
Class: Embedded
Scope: Full report
Fiscal year: 2024
Period: 1 January 2024 – 31 December 2024
Language: English
Pages
File size
Restatement: Disclosed

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Ratings

GRI level

Materiality

Assessment
Basis

Assurance

Provider
Level
Standard
Scope
Statement included
Metrics assured

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