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Sustainability Forum PH 2022

 

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A Sustainable Future

SM is focused on enhancing the sustainability of its ecosystem of businesses and is actively addressing the climate adaptability of our businesses, our cities and communities. We have divided our efforts into two initiatives which are SM For Good and SM Green Movement.

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OUR ECOSYSTEM

Here at SM, our businesses are all market leaders and each one has a financial strategy suited to its own sector and needs

Our capital-intensive property and banking businesses reinvests their earnings to fund their growth, for example, while our retail business uses a capital light model to keep overhead costs at a minimum allowing them to be competitive and agile. We measure each of our businesses against best-in-class financial performance criteria appropriate for their sectors.

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SM Retail

BDO Unibank Inc.

SM Prime Holdings

China Banking Corporation

Portfolio Investments

IR 2022 1

“Our Businesses continued to perform resiliently, recovering well as conditions allowed. Our banking and residential businesses performed well as we also continued to invest in long term expansion with new stores, bank, branches, residential project launches, and investments in malls, as well as taking a majority stake in 2GO in our equity investment portfolio.”

Ricky DyBuncio
President and CEO