SM named by Forbes among World’s Best Employers

(22 November 2022, Pasay City, Philippines) SM Investments Corporation has been recognized among Forbes’ sixth annual World’s Best Employers in partnership with market research company Statista published in October.

This year’s list comprises 800 companies that received the highest scores in corporate impact and image, talent development, gender equality, and social responsibility.

“We thank Forbes for this citation. This reflects our commitment to make SM the best workplace for our dedicated and hard-working people. We also give recognition to our employees in helping us achieve our mission and vision and sharing the strong values that make us SM,” said SM President and Chief Executive Officer Frederic DyBuncio.

According to Forbes, the ranking is based on a survey by Statista of 150,000 full-time and part-time workers from 57 countries working for multinational companies and institutions. Participants were asked to rate their willingness to recommend their employers to friends and family and to evaluate other employers in their respective industries that stood out either positively or negatively.

To make sure that SM employees and their families were safe during the pandemic, SM embarked on a full vaccination campaign, while monitoring for surges of new variants and acting swiftly to provide flexible work arrangements for its teams. SM kept its workplaces safe with continued testing, regular disinfection, and following strict health protocols.

SM works hard at being an equal opportunity provider with 63% of women in its workforce and 58% in senior leadership roles. It also maintains a mix of people from diverse backgrounds, generations, and skillsets to mirror the diverse customers and communities it serves.

The company recently appointed Elizabeth Anne “Lizanne” C. Uychaco as its first Group Diversity Officer. As Group Diversity Officer, Ms. Uychaco will work with different companies across the SM Group in advancing gender equality and championing inclusion. The top ten companies on Forbes World’s Best Employers list were occupied by major tech giants, including South Korea’s Samsung and American multinational tech firms Microsoft and IBM.

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:

Timothy Daniels
Consultant, Investor Relations & Sustainability
SM Investments Corporation