Ci­tyMalls part­ners with WWF-Philip­pines

Business World - - Corporate News -

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 WWFPhilip­pines 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.

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