SM Investments Receives Dual Accolades for Corporate Excellence and Sustainability

“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.” ~Frederic C. DyBuncio, President and Chief Executive Officer of SM Investments

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

SM Investments Corporation (SM Investments) was recently recognized at the Asia Corporate Excellence and Sustainability Awards 2024 (ACES) as Asia's Most Influential Company and Top Sustainability Advocates in Asia. The ACES Council praised SM Investments' comprehensive approach to sustainability, which is integrated into all aspects of its operations. 

“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 also highlighted SM Investments' commitment to renewable energy, as well as its emphasis on workforce diversity and inclusion. The company runs the Philippine Geothermal Production Company, which operates geothermal fields in Tiwi, Albay, and Makban, Quezon, as well as exploring additional sources in six provinces.

SM Investments, which employs over 130,000 people, is notable for its gender diversity, with women accounting for 63% of its workforce and 58% of leadership positions.

The ACES Awards, founded in 2014, aim to highlight Asian companies' achievements to the global business community, with support from a council of experts in academia, sustainability, and public policy.