Ayala Corp. has been honored with the five Golden Arrow Award, the highest distinction for excellence in corporate governance among publicly listed companies in the Philippines, marking its first time achieving this top recognition.
The award is based on the ASEAN Governance Scorecard (ACGS), which evaluates performance in areas like sustainability, resilience, stakeholder management, transparency, accountability and board strategy. Ayala attained a score within the ACGS’s highest bracket.
Ayala’s win follows its four Golden Arrow Award last year and three Golden Arrow Award in 2023.
“At Ayala, we believe that the highest standards of corporate governance are a prerequisite for a sustainable business. We strive to be an institution that our stakeholders can always rely on. Strong corporate governance is key to building and keeping this trust,” said Ayala Corp. president and chief executive Cezar Consing.
The award also recognized eight other Ayala firms, underscoring the conglomerate’s strong reputation in governance.
Globe Telecom earned its fourth consecutive 5 Golden Arrow Award. ACEN, Ayala Land, the Bank of the Philippine Islands (BPI) and Integrated Micro-electronics, Inc. each received the four Golden Arrow Award.
AREIT and AyalaLand Logistics Holdings Corp. were given the three Golden Arrow Award.
ENEX received one Golden Arrow Award.
In the insurance sector, BPI AIA, a BPI unit, won a 3 Golden Arrow Award, while BPI MS won a 1 Golden Arrow Award.
The annual Golden Arrow Awards, administered by the Institute of Corporate Directors, recognizes companies compliant with the Philippine Code of Corporate Governance and global standards. The awards are conferred in five arrow tiers based on a company’s ACGS score.
Earlier this year, Ayala Corp. was also recognized as one of the top five Philippine companies and listed among the top 50 ASEAN companies in the 2025 ASEAN Corporate Governance Conference and Awards.
