MANILA, Philippines — SM Investments Corp. has been named by Forbes anew as one of the top regarded companies in the annual list of the World’s Best Regarded Companies, ranked based on trustworthiness and company’s performance.
SM climbed 63 spots from last year’s 235th place to 172nd in the Forbes 2019 Global 2000-Best Regarded Companies.
Forbes partnered with Statista to cull the annual list of the world’s 2000 largest public companies down to the top 250 best-regarded companies ranked based on trustworthiness, social conduct, strength of products and services and how they fare as employers. The data were gathered from among 15,000 respondents from more than 50 countries.
“We are honored to receive this recognition. We anchor all our businesses in good corporate governance and we remain committed in strengthening our ability to create meaningful impact to society and deliver greater shareholder value,” said SM president and CEO Frederic DyBuncio.
SM is the only Philippine corporate which a garnered spot in the Forbes 2019 World’s Best Regarded Companies, joining companies in Asia which dominated nearly half of the list along with global brands and companies from major industries in the United States and Europe. SM joined the ranks of best-regarded companies for the second consecutive year.
This year, Forbes also recognized SM in the inaugural list of Asia’s 200 Best Over a Billion 2019, which cited best-run companies in the Asia-Pacific Region. SM ranked No. 1 in the Philippines and No. 27 among 200 top-performing listed companies across Asia Pacific. SM has also been ranked among the Forbes Global 2000 World’s Best Employers for 2018 and 2017.