Ayala Land, Inc. has reached a milestone that places the Philippines firmly on the global sustainability map. As of December 2025, Ayala Land, Inc. holds the world’s largest portfolio of EDGE Zero Carbon–certified office buildings, covering more than 1.5 million square meters of commercial office space.
The achievement reinforces Ayala Land’s long-term strategy of embedding sustainability into both operations and capital planning—demonstrating that climate-aligned development can be executed at scale, with measurable results and long-term asset value.
Certification at Scale, Across Cities
The EDGE Zero Carbon certifications were formally awarded on January 22 at a ceremony in Bonifacio Global City, led by the International Finance Corporation and the Philippine Green Building Initiative, which conducted the third-party audits.
Ayala Land’s certified office portfolio spans 50 properties across Metro Manila, Laguna, Cebu, Baguio, Iloilo, and Bacolod, totaling 1,529,179 square meters. The portfolio includes both corporate headquarters and business process outsourcing (BPO) facilities, sectors where operational efficiency and energy performance are increasingly critical to occupiers and investors.
“This achievement demonstrates that sustainability at scale is both measurable and achievable,” said Robert S. Lao, Ayala Land Chief Sustainability Officer. By securing EDGE Zero Carbon certification, the company is able to validate building performance with quantifiable results that support operational efficiency, resilience, and long-term asset value.
What EDGE Zero Carbon Means
Developed by IFC, EDGE Zero Carbon is a global green building certification that goes beyond design intent to measure actual building performance. To qualify, projects must first achieve EDGE Advanced certification, demonstrating at least 40 percent energy savings and at least 20 percent reductions in water use and embodied carbon in materials. Buildings must then operate using 100 percent renewable energy or verified carbon offsets while maintaining at least 75 percent occupancy for one year.
For Ayala Land, the certification reflects years of retrofitting existing assets, accelerating energy-efficiency initiatives, and transitioning to renewable energy sources across its office portfolio.
Sustainability Linked to Capital Strategy
The milestone also fulfills a key sustainability performance target under Ayala Land’s sustainability-linked financing framework, which adheres to international standards including the ASEAN Sustainability-Linked Bond Standards and the Sustainability-Linked Loan Principles.
Between 2024 and 2025, Ayala Land raised approximately USD 1 billion (₱56 billion) through sustainability-linked instruments. These included a ₱14.2 billion Sustainability-Linked Loan obtained in July 2024 and a ₱12.87 billion Sustainability-Linked Loan secured in August 2025, both from IFC. The company also issued ₱29 billion in Sustainability-Linked Bonds, which were listed on the Philippine Dealing & Exchange Corp. between July 2024 and October 2025.
These financing instruments are tied to clearly defined sustainability targets, including achieving EDGE Zero Carbon certification for 1.5 million square meters of office properties by December 2025 and reducing greenhouse gas emissions by 42 percent across malls, offices, and hotels by December 2030. The financing structures include interest rate step-ups if targets are not met, reinforcing accountability alongside access to capital.
Advancing Green Building Beyond Offices
The EDGE Zero Carbon portfolio builds on a 2023 commitment by Ayala Land and AREIT, Inc. to certify 1.5 million square meters of office space by 2025. This roadmap involved retrofitting existing buildings, transitioning to renewable energy, and scaling energy-efficiency measures across multiple cities.
Beyond offices, Ayala Land continues to pursue green building certifications across its malls, hotels, residential developments, logistics facilities, and mixed-use estates—positioning sustainability as a core operating principle across property types.
As the company advances toward its Net Zero 2030 emissions-reduction targets, Ayala Land continues to integrate sustainability into development, operations, and capital allocation—aligning climate action with business performance and long-term value creation.
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