SM Investments Corporation (SMIC), the flagship of the Sy family, has been named among the leaders in transparency and reporting during the recently concluded 2024 Philippines Women's Empowerment Principles (WEPs) Awards of the United Nations (UN).
During the announcement of winners on Nov. 27, it was highlighted that “the Transparency Reporting category recognizes champions who value transparency as a critical aspect of the WEPs framework."
“By monitoring and publicly reporting on their gender equality efforts, these champions allow stakeholders to hold them accountable and track progress,” it said.
SM Investments and other awardees were cited for their “evidence-based progress” and sharing “robust data in honest reporting, elements that drive sustainable change and gender equality.”
“We are honored to receive this recognition, which reinforces our commitment to transparency and accountability,” said SMIC Chief Risk Officer, Compliance Officer, and Group Diversity Officer Lizanne Uychaco.
She added that “this award is shared with our stakeholders, who inspire us to continue promoting inclusivity and equality in all that we do.”
Other than honoring organizations for championing gender equality, the event also conducted an interactive commitment signing ceremony that welcomed new and existing signatories to the WEPs community.
In 2021, SM Investments became the largest homegrown company to sign the WEPs of UN Women in the Philippines.
The UN Women Philippines WEPs Awards hails individuals and companies that contribute significantly to the advancement of gender equality and innovation in business.
The award-giving body recognized outstanding business champions advancing gender equality in the workplace, marketplace, and community.