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Together Towards a Sustainable Philippines

We strengthened our commitment towards a sustainable Philippines by signing up as a member of the United Nations Global Compact and upholding its Ten Principles surrounding the themes of human and labor rights, environmental responsibility and anti-corruption practices.

As a signatory of the United Nations Global Compact (UNGC), SM corporate principles aligns with the Ten Principles of the UNGC.
The company supports:

Principle
1,2 & 3

The responsibility to protect the dignity of every person and uphold labor rights and human rights

Principle
4 & 5

Elimination of all forms of forced and compulsory labor and child labor

Principle 6

The recognition of the role of women in achieving economic growth and poverty reduction

Principle 7

The adoption of instruments that help quantify, manage and report the carbon footprints of its businesses

Principle 8

Access to clean, renewable energy sources and services

Principle 9

Climate-friendly solutions and opportunities for business

Principle 10

Corporate Governance

UNGC-GRI Sustainablility Summit Philippines

In celebration of this milestones, we served as co-hosts of the first joint UNGC-GRI Sustainability Summit in the Philippines. The summit encouraged a dialogue between the private and public sectors in forging a concerted effort towards achieving the country’s national sustainable development agenda.

As a new UNGC signatory, SMIC President and CEO, Frederic DyBuncio, highlights the company’s Path to Sustainable Growth

Working towards a sustainable future

"We uphold ourselves to the highest degree of responsibility and accountability to create shared value for all, most especially in the communities we serve. Although we still face a long journey ahead of us, we are committed to doing our share in creating the sustainable future we all aspire for"

Frederic C. DyBuncio President and CEO SM Investments Corporation

“SM has integrated three platforms in terms of its operations and sustainability which include investing 10% in malls’ CAPEX in disaster resilience features, continuous capacity-building, and collaboration, and forging private-public partnership at the global, regional and national levels – to manage business risks and ensure business continuity of our MSME partners.”

“As a new member of the United Nations Global Compact (UNGC), we strengthen our commitment to uphold the UNGC principles and continue to find ways to be of help to our diverse stakeholders.”

SM group senior leaders support the SDGs in corporates and take active role in promoting sustainable development

UNGC Chief of Outreach and Engagement, Sue Allchurch,
emphasized the critical role of public and private
partnerships.

UN SDG Pioneer and City Developments Limited Chief
Sustainability Officer, Esther An, shared their journey in
building sustainable cities for Singapore.

UN Resident Coordinator and GCNP Board Member and
Adviser, Kristin Dadey, enlightened the audience on navigating
through the complex network of the various UN Bodies.