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SM Investments Earns Dual Honors for Corporate Excellence and Sustainability at ACES Awards

SM Investments President and CEO Frederic C. DyBuncio holds SM’s double win from the Asia Corporate Excellence and Sustainability Awards. Photo from SMIC.

SM Investments Corporation (SM Investments) has been recognized as one of Asia’s Most Influential Companies and Top Sustainability Advocates in Asia at the prestigious Asia Corporate Excellence and Sustainability Awards 2024 (ACES).

DISCOVER more about SM Investments’ journey of excellence with their seven prestigious awards here

We are grateful for the recognition and are inspired to continue to work even harder to grow responsibly and sustainably with the communities that we serve,” said Frederic C. DyBuncio, President and CEO of SM Investments.

The ACES Council commended SM Investments for its holistic approach to sustainability, integrating it into every facet of its business. “Their influence extends beyond business operations, as they set benchmarks for sustainability in the Philippines and across Asia. By building integrated communities, fostering partnerships with MSMEs, and prioritizing corporate governance, SM Investments exemplifies leadership that positively impacts not just its stakeholders, but the broader socio-economic landscape,” the council stated.

LEARN how SM Investments supports Filipino farmers and MSMEs through the SM Weekend Market

The company’s commitment to renewable energy and diversity was also praised. SM operates the Philippine Geothermal Production Company, managing geothermal fields in Tiwi, Albay, and Makban, Quezon, with plans to expand across six more provinces.

Gender inclusivity is a cornerstone of SM’s workforce, which exceeds 130,000 employees. Women make up 63% of its workforce, with 58% holding leadership positions.

FIND OUT how SM Investments is taking bold steps in the global fight for climate sustainability

The ACES Awards, established in 2014, celebrate Asian companies’ achievements in corporate excellence and sustainability, judged by experts in academia, sustainability, and public policy.

SM Investments continues to lead in retail, banking, and property, driving progress in the Philippine economy while championing responsible and sustainable growth.

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The Good News Pilipinas Team
The Good News Pilipinas Team
The Good News Pilipinas Team is a group of Filipino journalists who advocate putting more good news stories about the Philippines and Filipinos on the media.

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