SM gains stamp of approval from FTSE/London Stock Exchange Group for strong sustainability, governance practices
(23 July 2019, Pasay City, Philippines) SM Investments Corporation (SM) was confirmed as part of the FTSE4Good Index Series (FTSE4Good) for its strong Environmental, Social and Governance (ESG) practices. SM is also included in the FTSE4Good Emerging Index ranked among constituents in over 20 countries worldwide.
FTSE4Good is managed by FTSE Russell of the London Stock Exchange Group and is designed to identify companies that demonstrate strong ESG practices against globally recognized standards. FTSE Russell, the global index leader that provides innovative benchmarking analytics and data solutions for investors worldwide, created the index in 2001. The FTSE4Good Emerging Indexes measure the performance of companies in emerging markets that meet the recognized ESG inclusion standards used by the FTSE4Good Index Series.
“We are honored to be included in FTSE4Good. This affirms our commitment to sustainable operations and strong adherence to good corporate governance. We remain focused on our key strategies to create shared value for all our stakeholders which includes the communities we serve,” said SM President and Chief Executive Officer Frederic C. DyBuncio.
Investors use these indices when creating or assessing responsible investment funds and other products for its transparent management and clearly defined ESG criteria.
Every year, SM measures its ESG performance and discloses its Sustainability Report based on the widely used reporting framework, Global Reporting Initiative. Learn more about SM’s ESG performance: [http://bit.ly/SMIC2018SR].
For more information on FTSE4Good Index, please visit: https://www.ftserussell.com/products/indices/ftse4good
About SM Investments Corporation
SM Investments Corporation is a leading Philippine company that is invested in market leading businesses in retail, banking and property. It also invests in ventures that capture high growth opportunities in the emerging Philippine economy.
SM’s retail operations are the country’s largest and most diversified with its food, non-food and specialty retail stores. SM’s property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines with interests in malls, residences, offices, hotels and convention centers as well as tourism-related property developments. SM’s interests in banking are in BDO Unibank, Inc., the country’s largest bank and China Banking Corporation, the 6th largest bank.
For more about SM, visit www.sminvestments.com
For further inquiries, please contact:
Tel. No. (632) 857-0100 local 1039