AYALA LAND, Inc. (ALI) has partnered with Crown Asia Chemicals Corp. to recycle construction waste and reduce emissions associated with building materials as part of the property developer’s sustainability targets.
“At Ayala Land, we have set ambitious sustainability goals, including achieving net-zero greenhouse gas emissions by 2050 and zero waste to landfill by 2030,” Ayala Land, Inc. Chief Sustainability Officer Robert S. Lao said in a statement on Monday.
The two companies signed a two-year memorandum of understanding on Oct. 21 covering efforts to recover and recycle polyvinyl chloride (PVC) construction scrap, develop environmental, social and governance standards for suppliers and explore clean-energy sourcing for manufacturing facilities.
Under the PVC Cuttings Take-Back Program, pipe offcuts and scrap generated at selected Ayala Land construction sites will be collected and returned to Crown Asia Chemicals for recycling, reprocessing or reuse.
The companies will track and report the volume of PVC waste diverted from landfills and will study the expansion of the program to other plastic-based construction materials.
The agreement also includes supplier training, knowledge-sharing initiatives, and the development of sustainability benchmarks for vendors.
In addition, the companies will assess Crown Asia Chemicals facilities for possible participation in the government’s Green Energy Option Program.
“We cannot achieve our climate ambitions alone,” Mr. Lao said. “Our suppliers’ commitment and partnerships like the one we sign today are essential to reducing embodied carbon, advancing circularity and driving sustainability improvements across the development sector.”
Crown Asia Chemicals President Derrick P. Villanueva said the partnership aims to translate sustainability commitments into operating initiatives across the construction supply chain.
Crown Asia Chemicals supplies PVC pipes and fittings to several Ayala Land projects, including Avida Towers Centralis, Patio Madrigal, Nuveo at Cerca, Greenbelt 1, Avida Towers Ardane, The Lattice at Parklinks and Gardencourt Residences.
Ayala Land shares fell 1.66%, or 26 centavos to close at P15.44 each. — Juliana Chloe A. Gonzales