SM Investments earns UN WEP recognition for transparency in gender equality reporting

December 3, 2024
12:40PM PHT

SM Investments Corp. (SMIC) was honored as among the leaders in Transparency and Reporting during the 2024 Philippines Women's Empowerment Principles (WEPs) Awards by the United Nations.

The awards ceremony, held on Nov. 27, 2024, celebrated organizations championing gender equality and innovation in business.

Elizabeth Anne “Lizanne” Uychaco, SMIC executive vice president – corporate services, chief risk officer and compliance officer, and SM Group diversity officer, receives the award from (left) Her Excellency H.K. Yu, Australia's Ambassador to the Philippines and (middle) Amy Baume, UN Women Regional Office for Asia and the Pacific (ROAP)./Contributed photo

The Transparency and Reporting category highlights companies that value transparency as a vital aspect of the WEPs framework. 

Awardees are recognized for their dedication to monitoring and publicly reporting gender equality efforts, enabling stakeholders to hold them accountable and track progress. 

SMIC was lauded for its evidence-based progress and honest data-sharing practices, which foster sustainable change and gender equality.

Elizabeth Anne “Lizanne” Uychaco (second from left) with (from left)  Antoinette Santos, program analyst, Gender Action Lab (GAL), UN Women Philippines; Ambassador H.K. Yu, and UN Women ROAP's Amy Baume. /Contributed photo

Lizanne Uychaco, SMIC’s chief risk officer, compliance officer, and group diversity officer, expressed gratitude for the recognition. “This award reinforces our commitment to transparency and accountability. It is shared with our stakeholders, who inspire us to continue promoting inclusivity and equality in all that we do,” she said.

The event also included an interactive commitment-signing ceremony for new and existing WEPs signatories. SMIC became the largest homegrown company in the Philippines to sign the WEPs in 2021.

The UN Women Philippines WEPs Awards recognize outstanding individuals and organizations driving gender equality in workplaces, marketplaces, and communities. The acknowledgment of SMIC underscores its role in advancing transparency and inclusivity in the corporate sector.

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