(30 August 2019, Pasay City, Philippines) SM Leaders led by Hans Sy (5th from left), Board Adviser to SM Investments Corporation (SMIC) and SM Prime Holdings Inc. Chairman of the Executive Committee and Frederic DyBuncio (6th from left), SMIC President and Chief Executive Officer (CEO) together with (from L-R) Joey Mendoza, SM Supermarket President; Alex Escucha, China Banking Corporation Senior Vice President & Head, Investor and Corporate Relations; Manuel Gana, President and CEO of Belle Corporation; Ponciano Manalo, SM Retail President; Debbie Sy, SM Foundation Executive Director; Mario Deriquito, BDO Foundation President; Waldo Basilla, 2GO Chief Operating Officer; and Roy Deveraturda, Carmen Copper Corporation President and CEO, joined over 300 CEOs, sustainability professionals, corporates, thought leaders, government regulatory bodies and development partners in driving the importance of sustainability in business during the recently concluded Sustainability Summit held in Conrad Manila.
SM reiterated its commitment to be a partner for sustainable development, both in its operations and in reporting standards as the group continues to align its sustainable business practices and strategic social investments with the United Nations Sustainable Development Goals (UN SDGs). As a signatory to the United Nations Global Compact (UNGC), SM supports the 10 Principles of the UNGC.
“At SM, sustainability is integral to the way we do business and it’s driven at the top. We anchor all our businesses on good corporate governance and ensure that the long-term success of the company remains balanced with the long-term best interests of our various stakeholders, most especially in the communities we serve,” said SMIC President and CEO Frederic DyBuncio. He added that SM’s diverse interests and targeted social investments such as in education, healthcare, food security, environmental sustainability and social development programs facilitate development and create positive impact to society.
“For us, stakeholders of our businesses are key so we ensure that we support each other and contribute to achieving the sustainable development goals,” added Mr.DyBuncio.
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.
For more about SM, visit www.sminvestments.com
For further inquiries, please contact:
VP, Planning and Corporate Communications
SM Investments Corporation
Tel. No. (632) 857-0100 local 1039