SM Investments Corp. was recognized as a “Hall of Famer” in the corporate governance category of the Asia Responsible Enterprise Awards 2022.
AREA recognized SM Investments for “demonstrating transparency and completeness of disclosure and reporting of governance practices in their annual report.” This is “while also safeguarding integrity in financial reporting, promoting ethical decision making through a structured board of committee, respecting the rights of shareholders and remunerating fairly and responsibly.”
“We are pleased to receive this award which is a recognition of our practices as we endeavor to uphold good governance and transparency in our businesses,” said SM Investments president and chief executive Frederic DyBuncio said.
“As SM is a company that touches different industries in the country, we ensure our publicly-listed business units produce a transparent report through our Integrated Reports that tell the story of our sustainability across the group’s wide ecosystem of businesses,” DyBuncio said.
