The company recently earned the Platinum Award for Asia’s Best Materiality Reporting at the 11th Asia Sustainability Reporting Awards (ASRA) held at the Grand Hyatt Singapore.
Its Integrated Report 2024 was also named a finalist for Asia’s Best Integrated Report (Large Company) category.
Excellence in reporting
“We see sustainability as an ongoing journey of creating impact that endures. This recognition strengthens our resolve to remain transparent and accountable as we work to deliver meaningful value to our customers, partners, and communities across the country,” said Frederic C. DyBuncio, SM Investments president and CEO.
Rajesh Chhabara, founder of the Asia Sustainability Reporting Awards and managing director of CSRWorks, lauded SM Investments’ consistent excellence in reporting.
“This award demonstrates SM Investments’ excellence in sustainability reporting while embracing transparency as a cornerstone of responsible business. Their report reflects a deep understanding of how sustainability performance connects to long-term value creation and stakeholder trust,” he said.
Embedding sustainability into business
Organized by Singapore-based CSRWorks International, the ASRA is regarded as Asia’s most respected platform for recognizing best practices in sustainability reporting.
Now in its 11th year, the awards drew leading companies from 17 countries and diverse industries, undergoing a multi-stage evaluation involving detailed assessments, peer reviews, and stakeholder reputation checks.
SM Investments’ recognition underscores its growing leadership in embedding sustainability into business strategy, emphasizing transparency and long-term impact across its portfolio in retail, banking, and property sectors. —Ed: Corrie S. Narisma