SM Investments Corp. was recognized at the Asia Corporate Excellence and Sustainability Awards 2024 (ACES), earning the titles ‘Asia’s Most Influential Companies’ and ‘Top Sustainability Advocates in Asia’.
“We are grateful for the recognition and are inspired to continue to work even harder to grow responsibly and sustainably with the communities that we serve,” said SM Investments president and chief executive Frederic DyBuncio.
The ACES Council lauded SM Investments for its comprehensive approach to sustainability, which is embedded in all aspects of its operations.
“Their influence extends beyond business operations, as they set benchmarks for sustainability in the Philippines and across Asia. By building integrated communities, fostering partnerships with MSMEs, and prioritizing corporate governance, SM Investments exemplifies leadership that positively impacts not just its stakeholders, but the broader socio-economic landscape,” they said.
The council also highlighted SM Investments’ commitment to renewable energy and its focus on diversity and inclusion within its workforce.
The company operates the Philippine Geothermal Production Company, which runs geothermal fields in Tiwi, Albay, and Makban, Quezon, while exploring additional sources across six provinces.
With a workforce exceeding 130,000, SM Investments is notable for its gender diversity, with 63 percent of its employees being women, and 58 percent of leadership roles filled by women.
The ACES Awards, established in 2014, aim to showcase the achievements of Asian companies to the global business community, supported by a council of experts in academia, sustainability and public policy.
