SM Group assists SMEs build resilience to disasters

August 22, 2019

MANILA — The SM Group, which works with about 25,000 small and medium enterprises representing 27 percent of total SMEs in the country, is focusing on helping these firms build resilience to disasters to achieve a sustainable value chain and business continuity.

“I really don’t believe that these SMEs do suffer most, a lot of them are really because they are not aware of what a disaster could really do. I have seen, read some news that a lot of these SMEs, businesses, will get wiped out in case any of these things (disasters) will happen,” SM Prime Holdings Inc. chairman Hans Sy said during the United Nations Global Compact-Global Reporting Initiative (UNGC-GRI) Sustainability Summit here on Tuesday.