The retailer’s governance approach was once again recognized by the Institute of Corporate Directors (ICD), which conferred upon MRSGI its second consecutive Golden Arrow Award—a distinction given to listed firms that excel in good corporate governance based on the ASEAN Corporate Governance Scorecard (ACGS) and Corporate Governance Scorecard (CGS) assessments.
Back-to-back ICD honors
“We are honored to once again be recognized by the ICD. Earning our second award underscored MRSGI’s steadfast pursuit of governance excellence, guided by our values of integrity and responsibility,” Sherisa P. Nuesa, chair of the MRSGI board and fellow and lecturer of ICD, said in a statement.
“This recognition strengthens our resolve to continuously improve our systems and ensure that we operate with the trust and confidence of our stakeholders.”
Why it matters
MRSGI’s sustained recognition underscores its ability to weave ethical business practices into operational excellence.
Beyond compliance, the company’s governance culture supports transparency, board accountability, and stakeholder engagement—key factors in building investor confidence.
The ICD’s Golden Arrow Awards highlight corporations that demonstrate superior governance performance and transparency. MRSGI’s back-to-back achievement marks it as one of the country’s consistent performers in governance reform and sustainability alignment.
Driving growth with purpose
With 79 branches nationwide under brands like Metro Supermarket, Metro Department Store, Super Metro Hypermarket, Metro Value Mart, and Metro Home, MRSGI continues to expand while embedding sustainability and governance principles across its operations.
The company’s governance-driven model has also supported its inclusion for two straight years in the Fortune Southeast Asia 500, a list of the region’s largest companies by revenue—further affirming MRSGI’s position as a trusted and forward-looking retailer. —Ed: Corrie S. Narisma
