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Manila Bulletin devider Business devider SMIC wins international sustainability report award

SMIC wins international sustainability report award

Published Sep 30, 2020 06:00 am

SM Investments Corporation (SMIC) has bagged another international award for its sustainability report.

The firm said it won Bronze for Asia's Best Sustainability Report (Digital) - the SMIC Sustainability

Microsite category at the 5th Asia Sustainability Reporting Awards (ASRA), the most prestigious awards for reporting.

Subsidiary BDO Unibank also clinched Bronze for Asia's Best Sustainability Report (First Time) Category.

“SMIC’s award-winning report demonstrates the organization’s leadership in sustainability reporting and its commitment to creating long-term value for stakeholders,” the firm said.

The winners were selected from 461 entries received from 16 countries in Asia. The 2019 ASRA saw 80 shortlisted companies from 13 countries competing in the finals across 19 awards categories.

SM Investments Corporation (SMIC) has bagged another international award for its sustainability report.

The firm said it won Bronze for Asia's Best Sustainability Report (Digital) - the SMIC Sustainability Microsite category at the 5th Asia Sustainability Reporting Awards (ASRA), the most prestigious awards for reporting.

Subsidiary BDO Unibank also clinched Bronze for Asia's Best Sustainability Report (First Time) Category.

“SMIC’s award-winning report demonstrates the organization’s leadership in sustainability reporting and its commitment to creating long-term value for stakeholders,” the firm said.

The winners were selected from 461 entries received from 16 countries in Asia. The 2019 ASRA saw 80 shortlisted companies from 13 countries competing in the finals across 19 awards categories.

As institutional investors require greater accountability regarding a company’s sustainability performance, sustainability reporting has become an essential tool for communicating how the reporting organization manages its material economic, environmental and social impacts, risks and opportunities. ASRA, the most prestigious recognition for sustainability reporting, has continuously raised the bar for quality and authenticity of reporting introducing a healthy competition among companies in Asia.

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