Outstanding achievement in ESG: Paul Arcenas, SM Investments Vice President for Planning and Communications receives the award on behalf of SM from Daniel Yu, Editor-in-Chief of The Asset
(13 December 2018. Pasay City, Philippines) SM Investments Corporation (SMIC) and BDO Unibank Inc. were cited as leaders in sustainability and governance, claiming the prestigious Platinum Awards during the 18th Corporate Awards by Hong Kong-based magazine, The Asset.
SMIC was cited as among the leaders in Environmental, Social and Governance and among the outstanding achievers, having won the Platinum Award, the highest honors, for the 10th consecutive year. BDO Unibank Inc. was also given the prestigious Platinum award for the ninth year.
The Asset Corporate Awards are the longest running ESG awards in Asia given annually since 2000. Factors that are taken into consideration for a company’s eligibility range from an evaluation of financial performance, management, corporate governance, social and environmental responsibility and investor relations.
The awardees of The Asset Corporate Awards 2018 were honored at a gala dinner at the Four Seasons Hotel in Hong Kong last December 10, 2018.
Outstanding achievement in ESG: Paul Arcenas, Vice President for Planning and Corporate Communications, accepts the award on behalf of SM.
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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 7th largest bank.
For more about SM, visit www.sminvestments.com
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