SM, BDO receive highest honors for sustainability

(02 February 2021. Pasay City, Philippines) SM Investments Corporation (SMIC) and BDO Unibank, Inc. (BDO) were recognized by Hong Kong-based multi-media company Asset Publishing and Research Ltd. for their performance in sustainability amid a year that put to the test companies’ commitment to Environmental, Social and Corporate Governance (ESG).   

Both companies received Platinum Awards, the highest honors under The Asset ESG Corporate Awards 2020 for the 12th consecutive year for SMIC and the 11th straight year for BDO.

The Asset ESG Corporate Awards are the longest running ESG awards in Asia given annually by research house, Asset Benchmark Research. 

With regard to the assessment process, companies were evaluated on a range of factors including financial performance, management, corporate governance, social and environmental responsibility and investor relations.

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.

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For further inquiries, please contact:

Paul Arcenas
VP,  Planning and Corporate Communications
SM Investments Corporation
Tel. No. (632) 8857-0100