Real estate developer Neo recently launched its first sustainability report, in a bid to highlight its real estate portfolio in the Philippines, which is the first to be certified with the International Finance Corporation’s EDGE Zero Carbon certification.
Verified by EDGE partner SGS-Sintali in October 2021, the achievement surpassed the company’s original goal of achieving net zero by 2025.
Final certification is awarded upon completion of the verified retrofit plans within a three-year period. The retrofit designs are projected to yield greater energy savings for the portfolio. Currently, all NEO buildings utilize renewable energy sources, and are aiming to fulfill 41-49% operational energy savings.
“Our sustainability report reflects our dedication to creating a positive impact,” said NEO’s Chief Executive Officer Raymond Rufino (Shown in photo) during the launch.
The NEO Sustainability Report showcases the organization’s sustainability journey, from its initiatives as a green building pioneer to milestones in safety, carbon reduction and resiliency.
