Friday, September 27, 2024

Golden Arrows and Golden Standards: SM Investments Corporation's Triumph in Corporate Governance





Let's dive into the glittering success story of SM Investments Corporation, a name synonymous with excellence in the Philippines. This year, they clinched the prestigious 5 Golden Arrow Award, a recognition bestowed by the Institute of Corporate Directors (ICD). It's the highest accolade at the ASEAN Corporate Governance Scorecard (ACGS) 2024 Golden Arrow Awards. And guess what? Only five companies achieved this honor, and four of them are SM entities! Talk about dominating the scene!

The 5 Golden Arrow Award isn't just a pretty trophy to put on the shelf. It signifies a company's commitment to upholding the highest standards of corporate governance. For SM Investments, this isn't just a one-off achievement; it's a reflection of their ongoing commitment to excellence. From the boardroom to the break room, every team member plays a part in maintaining these standards. Chairman Amando M. Tetangco, Jr. couldn't have said it better, attributing the accolade to the hard work and dedication of their entire organization.



SM Investments Corporation's journey to this prestigious recognition is deeply rooted in its philosophy of good corporate governance. They believe that adopting and upholding the highest standards isn't just about ticking boxes; it's about ensuring long-term growth and sustainability for the company. And in the bustling hub of PASAY CITY, Philippines, where business is always booming, they've set the gold standard.

The recognition from the ICD is like a feather in their cap, but also a reminder of their responsibility. As the company continues to grow, they're committed to maintaining transparency, accountability, and integrity in all their dealings. Whether it's with investors, customers, or employees, SM Investments ensures that fairness and stakeholder engagement remain at the forefront of their operations.



In today's business world, just meeting compliance requirements isn't enough. Companies need to go above and beyond, and that's precisely what SM Investments does. Executive Vice President and Chief Risk and Compliance Officer Elizabeth Anne "Lizanne" C. Uychaco emphasizes the company’s commitment to integrating fairness, integrity, and accountability into every aspect of their operations. It's not just about following rules; it's about setting new ones.

SM Investments recognizes the growing global focus on corporate governance and sustainability, and they've made it a core part of their business strategy. From ensuring equitable treatment of shareholders to engaging with different stakeholders, their approach is holistic and forward-thinking. The ICD's assessment, based on publicly available disclosures, highlights how SM Investments not only meets but exceeds expectations in these areas.



While the 5 Golden Arrow Award is a significant milestone, it's not the end of the road for SM Investments. They're committed to continuous improvement and innovation. As the business landscape evolves, so do their strategies and practices. The company believes in the power of strategic guidance and management monitoring to ensure accountability to shareholders and stakeholders alike.

In the competitive world of corporate governance, winning the award is one thing, but maintaining that level of excellence is another. SM Investments is not resting on their laurels; they're keeping their eyes on the future, ready to adapt and grow as needed. Whether it's through adopting new technologies or enhancing stakeholder engagement, they're prepared for whatever comes next.


SM Investments Corporation's success story is a testament to their dedication to excellence in corporate governance. Their journey is an inspiration, not just for other companies in PASAY CITY, Philippines, but for businesses worldwide. As they continue to set the bar high, we can only watch and learn from their impeccable standards and unwavering commitment to growth and sustainability. Cheers to the golden arrows pointing towards a bright future!

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