Frederic C. DyBuncio, president and CEO of SM Investments, expressed gratitude for the recognition, stating, “We are inspired to continue working harder to grow responsibly and sustainably with the communities that we serve.”
The ACES Council commended SM Investments for its holistic sustainability strategy, which permeates all facets of its operations. It highlighted the company’s dedication to building integrated communities, supporting micro, small, and medium enterprises (MSMEs), and maintaining strong corporate governance.
The council noted, “Their influence extends beyond business operations, setting benchmarks for sustainability in the Philippines and across Asia.
A notable pillar of SM’s sustainability efforts is its commitment to renewable energy. Through its subsidiary, Philippine Geothermal Production Co., SM operates geothermal fields in Tiwi, Albay, and Makban, Quezon, while actively exploring renewable energy projects across six provinces.
SM’s workforce diversity also earned recognition, with women comprising 63 percent of its 130,000-strong workforce and 58 percent of leadership positions.
The ACES Awards, established in 2014, celebrate outstanding corporate achievements in Asia and are backed by a council of leaders in sustainability, academia, and public policy.
