Pasay City, Philippines, August 20, 2024 /PRNewswire/ — The International Business Awards (IBAs), one of the world’s leading business awards programmes, has presented SM Investments Corporation (SM Investments) with distinguished accolades at the 21st annual International Business Awards.®SM Investments Received a Stevie Gold Award® for Company of the Year in the Conglomerates category and a Silver Stevie® for Best Annual Report.
The Golden Stevie® highlighted SM Investments' exceptional growth from a small shoe store in Manila to become one of The Philippines larger conglomerates, further underlining the company’s unwavering commitment to its clients through its extensive network across the retail, real estate, banking and investment sectors.
“SM Investments' impressive financial performance, strong commitment to sustainability and substantial contributions to social welfare and the economy underscore its status as a leading conglomerate in Philippinessaid a judge of Stevie® Awards. Another judge praised SM for continuing to serve its customers and its desire to serve more communities as it expands across the country.
Frederic DyBuncio, President and CEO of SM Investments, said: “This recognition further inspires us to deliver products and services that matter to our customers while also having a positive impact on the communities we serve. We look forward to continuing to grow together with our shareholders and contributing to a more sustainable future.”
SM’s contributions to the Philippine economy are substantial, supporting over 130,000 jobs and helping over 100,000 micro, small and medium-sized enterprises. The award also reinforces the company’s commitment to sustainability through the SM Foundation, which has promoted education, healthcare and community welfare, benefiting over one million Filipinos and supporting thousands of students.
SM Investments' 2023 Integrated Report, themed “Committed to Our Clients,” received a Silver Stevie Award® for Best Annual Report. This recognition highlights the clear and effective communication of the report, showcasing SM Investments’ adherence to global reporting standards and its dedication to transparency and client satisfaction.
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