East Asia

Hotel group targets EDGE Zero Carbon certification

AyalaLand Hotels and Resorts Corp (AHRC) has signed an agreement with the International Finance Corporation (IFC) signifying its commitment to achieve EDGE Zero Carbon certification for 2,826 rooms in its hotel portfolio by 2026, a first for a hotel group in the Philippines, a press release from AHRC said.

Arthaland turns over First EDGE Advanced School in the Philippines

This initiative was driven by an innovative program by the International Finance Corporation (IFC), a member of the World Bank, known as Excellence in Design for Greater Efficiencies (EDGE). EDGE empowers emerging markets to swiftly and economically construct resource-efficient buildings, emphasizing reductions in energy consumption, water utilization, and embodied carbon design.

Sustainability and Wellness at the Core of Lucima by Arthaland

“Lucima is our flagship residential condominium in the Queen City of the Philippines. It is envisioned as the Southern Philippines’ first quadrupled-certified high-rise residential project. It is vying for IFC’s EDGE Zero Carbon certification in the Southern Philippines, proving that we can raise the standards of residential developments,” shared Mr. Jaime C. González, Arthaland’s Vice Sustainability and Wellness at the Core of Lucima by Arthaland

Vietnam is lacking in green buildings: construction official

Approaching green finance will enable Vietnamese firms to undergo transformation, protect the environment, and enhance their financial capacity, said Do Ngoc Diep, who manages a green building and climate change adaptation program under the International Finance Corporation (IFC).

Vietnam’s First Local Currency Sustainability-Linked Bonds to Boost Economy, Support Climate Goals

An innovative financing tool to support global sustainable development, these SLBs will provide financial incentives for both BIM Land and Thanh Xuan Joint Stock Company to improve water conservation and energy efficiency in three of their hospitality assets to be accredited by EDGE, IFC’s green building certification system. This is expected to avoid an estimated Vietnam’s First Local Currency Sustainability-Linked Bonds to Boost Economy, Support Climate Goals

Why Data Matters – An Interview with Dhawal Doshi

In today’s commercial real estate sector, the full focus is on ESG – reporting, compliance, and standards. Simply benchmarking and reporting on a company’s real estate assets is no longer enough as concerned stakeholders and stricter regulations reshape the playing field.

PNG building becomes first in Pacific to receive green accreditation

The @345 building in Port Moresby has become the first building in the Pacific to be accredited as a green building. The accreditation came after Steamships, a conglomerate in PNG, and the International Finance Corporation (IFC) retrofitted the building to meet the sustainability criteria. That involved ensuring a 20 per cent savings in energy consumption, water consumption, and PNG building becomes first in Pacific to receive green accreditation

Steamships and IFC Collaboration Sees Landmark PNG Building Become First in South Pacific to Achieve International EDGE Certification

Steamships, a diversified Papua New Guinean conglomerate with interests in logistics, property, and hospitality, along with IFC, a member of the World Bank Group, today announced the redevelopment of the three-story building in downtown Port Moresby known as @345, previously Burns Haus, has been awarded final certification under the green building certification system known as Steamships and IFC Collaboration Sees Landmark PNG Building Become First in South Pacific to Achieve International EDGE Certification