SM Investments Corp. of retail tycoon Henry Sy Sr. is among the top ranked in Forbes 2018 Global 2000-Best Regarded Companies—Forbes’ list of companies recognized for being trustworthy and fair.
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, 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.
“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,” said SM Investments president and chief executive officer Frederic DyBuncio.
The list is global with 34 countries represented. Only two Philippine companies—SM Investments 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.
SM Investments 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 Investments’ retail operations are the country’s largest and most diversified with its food, non-food and specialty retail stores.
Source: Manila Standard