CITYMALL Commercial Centers, Inc. (CityMall) teamed up with the World Wide Fund for Nature (WWF) Philippines to support the latter’s renewable energy efforts.
In a disclosure to the stock exchange on Monday, the subsidiary of DoubleDragon Properties Corp. said it signed a memorandum of agreement with WWF-Philippines to “help boost projects that promote and demonstrate renewable energy use, low carbon development in cities, and sustainable consumption and production.”
CityMalls committed to promoting WWF-Philippines campaigns such as “Seize Your Power” and “Earth Hour,” and other climate mitigation and adaptation initiatives at its community malls around the country.
“Climate change remains to be a vital issue that affects us in so many ways. We need all the help that we could get in order to ensure that we proactively contribute to global climate actions while we work on making the Philippines a climate-resilient nation where both people and nature thrive,” WWF-Philippines President and CEO Joel Palma was quoted as saying in a statement.
CityMalls has already installed solar power facilities in some malls, in partnership with Solar Pacific CitySun Corporation. Its community malls also use LED lights, modern waste treatment facilities, rainwater harvesting systems and green fans.
“DoubleDragon’s CityMalls are designed and built with above par quality that integrates green technology in line with our efforts of promoting sustainable development,” DoubleDragon Chairman Edgar J. Sia II said in the same statement.