SM Investments Corporation (SMIC) is among the elite in Forbes’ list of companies recognized for being trustworthy and fair – the Forbes 2018 Global 2000-Best Regarded Companies.
The ranking was based on the global polling of Forbes, in partnership with Statista, a leading provider of market and consumer data, which surveyed 15,000 people from 60 countries that provided their opinions about the Forbes 2018 Global 2000 companies.
The respondents evaluated companies based on their reputation including topics on trustworthiness / honesty, social conduct, performance of the company’s products and the company as an employer.
The Top 250 companies which received the highest total scores were named the Forbes 2018 Global 2000 – Best Regarded Companies.
SM President and Chief Executive Officer Frederic DyBuncio said: “We are honored to receive this recognition which reflects the values of our founder, Mr. Henry Sy, Sr. This validates our high regard for all our stakeholders and our commitment to good governance, excellence, transparency and stewardship.”
The list is global with 34 countries represented. Only two Philippine companies – SM Investments Corporation and BDO Unibank — garnered spots in the list of well-regarded companies, joining the roster of well-known global brands.
SM and BDO also ranked among the Top 500 companies in the Forbes 2018 Global 2000-World’s Best Employers for 2018 and 2017.
SMIC 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 7th largest bank.