C01010-2017

SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)
Feb 23, 2017
2. SEC Identification Number
152747
3. BIR Tax Identification No.
000-153-790-000
4. Exact name of issuer as specified in its charter
AYALA LAND, INC.
5. Province, country or other jurisdiction of incorporation
PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
31F, Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
908-3111
9. Former name or former address, if changed since last report
N/A
10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA
Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
Common Shares 14,709,571,932
Voting Preferred Shares 13,066,494,759
11. Indicate the item numbers reported herein
Item 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Ayala Land, Inc.ALI

PSE Disclosure Form 4-31 - Press Release References: SRC Rule 17 (SEC Form 17-C)
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Ayala Land aims to be carbon neutral by 2022
Background/Description of the Disclosure

February 23, 2017 - Ayala Land, Inc. (ALI), the Philippines' leading developer of sustainable estates, is embarking on an aggressive plan to reduce the greenhouse gas (GHG) emissions in its commercial properties and aim for carbon neutrality by 2022. The company plans to achieve this through a combination of initiatives, which include passive cooling design, energy efficiency, renewable energy sourcing, and carbon offset mechanisms such as forest regeneration and protection.

“As we execute and accomplish our plans, we firmly believe that our company’s success and growth cannot be measured solely in terms of profitability and market presence,” said ALI Chairman Fernando Zobel de Ayala. “We are mindful of our corporate sustainability targets and our efforts to set new goals, such as carbon neutrality, affirm our commitment to sustainable and inclusive growth.”

ALI is the only Philippine company included in The Sustainability Yearbook 2017, the most comprehensive publication on corporate sustainability produced by Swiss international investment company RobecoSAM.

Multidisciplinary teams have been formed within the company to implement targeted eco-efficiency approaches and enhance GHG accounting capacities. In order to substantially reduce controllable emissions, natural cooling and energy saving measures have long been integrated into the planning and design of ALI’s developments nationwide, while emissions are continually reduced through retrofits, redevelopment and other interventions in operating properties.

“For more than six years now, we have been tracking our greenhouse gas emissions and undertaking energy-efficiency improvements in our properties to reduce the company’s carbon footprint. We are taking this a step further through our carbon neutrality initiatives,” said ALI President and CEO Bernard Vincent Dy.

With ALI’s presence in 55 growth areas across the country and a total of 20 sustainable estates, its commitment to aim for net-zero carbon emissions by 2022 can contribute to the reduction of overall country emissions.

The Philippines’ ranking in the Germanwatch Global Climate Risk Index 2017 has improved one notch among countries most vulnerable to climate change, but it is still ranked fifth based on the impact of extreme weather events over the past 20 years. GHG emissions from human activities have been linked to climate change indicators and the mitigation of such emissions has been a global undertaking since the 2016 Paris Agreement of the United Nations Framework Convention on Climate Change.

“We believe Ayala Land is in a unique position to initiate this program given the growth, diversity and geographical reach of our businesses. We see this as a means to create long-term value for all our stakeholders and an opportunity to highlight the importance of building and operating sustainable developments in the country,” said Dy.
Other Relevant Information

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Filed on behalf by:
Name Albert Ong
Designation Manager