5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

SM group hotel arm invests in food waste conversion technology

by
August 26, 2024
in Stock
0
SM group hotel arm invests in food waste conversion technology

SM HOTELS and Conventions Corp. (SMHCC), the hotel arm of the SM group, recently introduced technology that converts food waste into filtered wastewater under 24 hours.

This technology is called the organic refuse conversion alternative (ORCA) biodigester, which is currently used at Taal Vista Hotel in Pasay City.

In a media release, SMHCC said that since the installation of the ORCA at Taal Vista, it has diverted over 40,013 kilograms of food waste, which is equivalent to 20,406.63 tons of carbon dioxide emissions saved.

“With the adoption of the ORCA biodigester, we have transformed our food waste management process from a weeks-long process to a streamlined, green-friendly one-day cycle, significantly enhancing operational efficiency and our environmental impact,” Leah Magallanes, SMHCC vice-president for Quality and Sustainability, said on Aug. 22.

Citing a recent report by the United Nations Environment Programme, SM Hotels said household food waste amounts to 2.95 million tons annually in the Philippines.

The hotel industry often faces significant waste issues due to the challenge of managing inventory and excess food, particularly with the large number of customers served daily, the company said.

SMHCC said similar food waste reduction initiatives, such as bokashi composting, are underway across its hotel portfolio.

Bokashi composting uses specialized kits where food waste is layered with activators, or biological additives, to produce compost, which allows it to ferment for 10 to 15 days. The resulting liquid can be collected as natural fertilizer, while the solid residue can be composted or buried.

SMHCC said that since introducing bokashi composting techniques across five properties — Taal Vista Hotel, Pico Sands Hotel, Park Inn Bacolod, Park Inn Iloilo, and SMX Manila — it has diverted over 198,640 kilograms of food waste, equivalent to 101,306 tons of carbon dioxide emissions saved.

“Our combined efforts support our gardens and foster community-driven, eco-friendly practices through partnerships with local farmers and producers,” Ms. Magallanes added. — Aubrey Rose A. Inosante

Previous Post

AI giants can learn a thing or two from Mark Zuckerberg

Next Post

P350-M Wave Residences in Nasugbu to finish by 2027

Next Post
P350-M Wave Residences in Nasugbu to finish by 2027

P350-M Wave Residences in Nasugbu to finish by 2027

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Inflation inches up in June

    Inflation inches up in June

    July 4, 2025
    The Medical City sets standard for ER, bringing fastER Care in 4 hours

    The Medical City sets standard for ER, bringing fastER Care in 4 hours

    July 4, 2025
    Explore franchise businesses at Franchise Negosyo Para sa Region XI (Davao)

    Explore franchise businesses at Franchise Negosyo Para sa Region XI (Davao)

    July 4, 2025
    Wimbledon winners to pay up to £1.3m in tax as HMRC claims £17m from prize pot

    Wimbledon winners to pay up to £1.3m in tax as HMRC claims £17m from prize pot

    July 4, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.