SM Gains Top Awards for Transparency and Investor Relations
(20 April 2017. Pasay City, Philippines) SM Investments Corporation (SM) won two top awards at the 9th Annual Global Corporate Social Responsibility (CSR) Summit & Awards held in Malaysia on March 30 to 31.
SM was the only Philippine company that bagged two platinum awards for the categories Best Corporate Communications & Investor Relations and Best Governed & Most Transparent Company. This marked the second consecutive year that SM was recognized in the said categories.
The Global CSR Awards, organized by The Pinnacle Group International in Singapore, is touted as one of Asia’s most prestigious awards for Corporate Social Responsibility. The awards program recognizes and honors companies for outstanding, innovative, and world-class products, services, projects, and programs implemented in the past or present. These projects should demonstrate the company’s leadership, sincerity, and on-going commitment in incorporating ethical values, compliance with legal requirements, and respect for individuals, communities, and the environment in the way they do business. The Good Governance Awards is a high profile international recognition award event held in conjunction with the Global CSR Summit to recognize companies and public institutions with the highest standards in governance, transparency, and performance.
SM Investments Corporation (SMIC) is one of the leading conglomerates in the Philippines with highly synergistic businesses in retail, banking and property development. SMIC is one of the more responsible companies in the country due to its progressive approach in business and its comprehensive sustainability programs for its host communities through SM Foundation and SM Cares.
SMIC’s retail operations enjoy a strong brand franchise consisting of THE SM STORE; a strong portfolio of leading specialty retailers including Ace Hardware, SM Appliances, Homeworld, Our Home, Toy Kingdom, Watsons and others; and its food retail chains, namely SM Supermarket, SM Hypermarket, Savemore and WalterMart stores. SM’s property arm, SM Prime Holdings, Inc., is one of the largest integrated property developers in the Philippines with interests in mall, residential, commercial and tourism development. SMIC’s interests in banking are in BDO Unibank, Inc. (BDO), the country’s leading bank and in China Banking Corporation (China Bank), the sixth largest private bank. Combined, these two banks have a network of over 1,600 branches nationwide.
For more about SM, click here: www.sminvestments.com
For further information, please contact:
Ms. Corazon P. Guidote
Senior Vice President for Investor Relations
SM Investments Corporation
Tel. No. (632) 857-0117