Ayala Malls nears full renewable energy transition

Ayala Malls is accelerating its shift to clean energy, with renewable sources now powering nearly its entire portfolio as the company deepens sustainability efforts while managing costs and growth.

At the end of 2025, 98 percent of its malls are running on renewable energy, with 31 properties transitioned through accredited Retail Electricity Suppliers or Renewable Energy Suppliers. All renewable consumption is backed by International Renewable Energy Certificates (iRECs), providing third-party verification of clean energy sourcing.

The transition has materially reduced reliance on conventional power while delivering financial upside. 

Ayala Malls estimates potential annual savings of up to P180 million. 

New developments are also being designed to run on renewable energy from the outset, embedding sustainability into standard operations rather than retrofitting later.

“Renewable procurement is only one part of our energy framework,” said Chief Operating Officer Paul Birkett. “We take a diversified approach, combining clean power sourcing with onsite generation to improve resilience, manage risk, and support stable, long-term energy performance across our malls.”

Onsite solar capacity is expanding alongside procurement. Thirteen malls are currently equipped with rooftop solar systems totaling about 15.3 megawatts peak (MWp), with another 19 properties in various stages of development that could add roughly 20 MWp.

Operational efficiency gains are also helping offset rising demand. Despite an 8 percent increase in total electricity consumption driven by expansion and higher occupancy, energy intensity declined to 76.6 kWh per square meter. 

The improvement was supported by LED lighting upgrades, sensor-based controls, and high-efficiency cooling systems.

Birkett said consistent sustainability systems across energy, water, and waste are strengthening long-term resilience and competitiveness.

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