Ayala Land holds world’s largest EDGE Zero Carbon–Certified office portfolio
Ayala Land Inc. (ALI) has achieved EDGE Zero Carbon certification for more than 1.5 million sqm of commercial office space, making it the largest EDGE Zero Carbon–certified office portfolio globally as of December 2025.
The milestone underscores ALI’s leadership in sustainable real estate development and reflects the company’s disciplined execution of its long-term climate and capital strategy.
ALI formally received last week the EDGE Zero Carbon certifications during an awarding ceremony in Bonifacio Global City, attended by representatives from the International Finance Corp. (IFC), the Philippine Green Building Initiative (PGBI), Ayala Land executives, and property management teams.
“This achievement demonstrates that sustainability at scale is both measurable and achievable,” said Robert S. Lao, Ayala Land chief sustainability officer. “By securing the EDGE Zero Carbon certifications for our office portfolio, we are able to verify the performance of our green buildings with measurable results that support operational efficiency and long-term asset value.”
ALI’s certified portfolio spans 50 office properties across Metro Manila, Laguna, Cebu, Baguio, Iloilo, and Bacolod. This includes corporate headquarters and business process outsourcing facilities.
EDGE Zero Carbon certification
EDGE Zero Carbon is a global green building certification developed by IFC.
To qualify, buildings must achieve EDGE Advanced certification, demonstrating at least 40 percent reduction in energy plus at least 20 percent savings in water use and embodied carbon in materials. Projects must then operate using 100 percent renewable energy or verified carbon offsets, maintaining at least 75 percent occupancy for one year.
Sustainability-linked financing
The EDGE Zero Carbon milestone fulfills one of ALI’s key sustainability performance targets under its sustainability-linked financing program, which was established in adherence to international guidelines.
Between 2024 and 2025, Ayala Land raised approximately $1 billion (P56 billion) through sustainability-linked instruments. These include a P14.2 billion Sustainability-Linked Loan (SLL1) obtained in July 2024 and P12.87 billion SLL2 obtained in August 2025, both from IFC.
A total of P29 billion in Sustainability-Linked Bonds (SLB) were also issued and listed on the Philippine Dealing & Exchange Corp. (PDEx) between July 2024 and October 2025.
These financial instruments are tied to clearly defined sustainability performance targets. The financing structures require a step-up in interest rates if targets are not met.
Advancing green building at scale
Beyond offices, Ayala Land continues to pursue green building certifications across its portfolio, including malls, hotels, residential developments, logistics facilities, and mixed-use estates, reinforcing sustainability as a core operating principle across property types.
As ALI advances toward its Net Zero 2030 emissions reduction targets, the company continues to integrate sustainability into development, operations, and capital allocation—aligning climate action with business performance and long-term value creation.
