Ayala Land’s Circular Waste Management Program wins gold at 18th Stevie Award
MANILA, Philippines — Ayala Land Inc. (ALI) bagged gold for its “Circular Waste Management Program” at the 18th Annual International Business Awards. Also known as the Stevie Awards, it is a premier business award program that recognizes the achievements and positive contributions of organizations and working professionals worldwide.
ALI’s unique circular economy model established a process in which waste materials such as plastics were given alternative destinations for recycling and reprocessing.
From tons of plastic waste to building bricks
Despite the pandemic, ALI was able to collect some 28 metric tons of plastic waste—a total of 2.8 million plastic water bottles—enough to fill up 73 basketball courts.
ALI partnered with Green Antz Builders, an innovative environmental solutions company, which converts dry plastic waste into eco-products using its proprietary technology that mixes plastic with cement and other materials to form durable construction materials such as bricks, pavers and casts. These are now being used in Ayala Land estates and sites as pathways, fences and sidewalks.
Anna Maria Gonzales, sustainability manager at Ayala Land, said this “circular approach” to waste management has been applied in the company since March 2019.
“The cycle involves collecting clean and dry plastics at designated drop-offs and transporting them to eco-hubs, which are recycling facilities where the plastics are shredded and incorporated into concrete products developed by Green Antz,” she explained.
18th Stevie Awards overall winner
ALI was the overall winner at this year’s Stevie Awards, taking home 36 awards in total—11 golds, six silvers and 19 bronzes.
“Amid the global pandemic, we continue to strive for excellence within our organization in order to serve our stakeholders and the communities in the best and most effective way possible. It is our goal to drive recovery by intensifying our community engagement efforts,” said Manny A. Blas, vice president of ALI.
ALI’s pioneering Real Estate Investment Trust (REIT) in the Philippines, AREIT Inc., also won a Gold Stevie as Real Estate Company of the Year. Its landmark Initial Public Offering in 2020 was designed to make the Philippine property market more inclusive and accessible to Filipino investors through a best-in-class REIT.
Makati Development Corporation, the construction arm of Ayala Land, won another Gold Stevie award as Materials and Construction Company of the Year.
It has been cited for its contributions to the creation of local employment, as well as for the various process improvements and technological innovations it has implemented company-wide.
Key subsidiaries AyalaLand Logistics Holdings Corp. and Ayala Land Offices Inc. also won Gold Stevies for industry contributions and organization achievements.
The rest of ALI’s awards are driven by employee, community and nation-building initiatives.
For its multiple wins, Ayala Land received a Grand Stevie as Organization of the Year.
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