Sustainalytics cites SMIC for ESG efforts
Sustainalytics, a leading independent ESG (Environmental, Social, and Governance) research, ratings, and analytics firm, awarded SM Investments Corp. as a Sustainalytics ESG Top-Rated Company globally in its industry in 2021. Sustainalytics’ ESG Risk Ratings measure a company’s exposure to industry-specific material ESG risks and how well a company is managing those risks.
In April 2021, SM Investments received a Top Rated ESG Rating in its industry from Sustainalytics and was assessed to be at low risk of experiencing material financial impacts from ESG factors. At SM, actions adopted to mitigate risks include investments in technology, continuous training for personnel, regular audits, and implementation of policies across the organization.
Moreover, the group’s strong adherence to corporate governance, customer-focused innovation, financial prudence, and attention to its sustainability strategies and progress is vital to managing specific ESG factors.
Source: Manila Standard