Pushing sustainability forward through real estate

ACCORDING TO the World Green Building Council's (WGBC) Beyond Buildings report, 40% to 50% of resources extracted for global materials are used for housing, construction, and infrastructure.

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The demand isn’t slowing, as three-fourths of the infrastructure needed by 2050 hasn't even been built yet.

In a country like the Philippines, that means more malls, condominiums and office towers will rise over the next 25 years. But if construction follows the old ways, the toll will grow just as fast.

Fortunately, the real estate sector is beginning to take sustainability more seriously.

While the country’s rapid urban growth strains resources, developers are turning to environmental, social and governance (ESG) practices to soften their footprint and stay relevant in an industry under increasing pressure.

Robinsons Land Corp. (RLC), the real estate arm of Gokongwei group, is stepping up its commitment to sustainability using its footprint to support greener and more responsible developments across the country.

The real estate developer believes that developers must start planning for lasting and livable spaces that can handle both environmental changes and social needs.

"As we stand at the crossroads of rapid urbanization and environmental stewardship, the real estate in the Philippines holds a unique position of influence and responsibility. The choices we make today will shape the landscapes, economies, and quality of life for generations to come," RLC chief strategist Ramon Rivero said.

According to Mr. Rivero, real estate companies should not wait for problems to grow before changing how they build. RLC remains committed to leading by example, showing that sustainability is not a luxury, but a basic part of doing business right.

"Environmental integrity must be part of the plan. We can’t just react to damage. We have to build in a way that avoids it in the first place," he added.

BUILDING SUSTAINABLE PORTFOLIO