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Manila Bulletin devider Business devider The Stock Market devider SM bags Golden Arrow Award for second year

SM bags Golden Arrow Award for second year

Published Oct 28, 2025 04:41 pm
From left to right: Atty. Benedicta Du-Baladad, ICD Chairperson; Amando M. Tetangco, Jr., SM Investments Chairman; Atty. Francis Ed. Lim, Securities and Exchange Commission Chairman; Ida Ceniza-Tiongson, ICD Vice Chairperson.
From left to right: Atty. Benedicta Du-Baladad, ICD Chairperson; Amando M. Tetangco, Jr., SM Investments Chairman; Atty. Francis Ed. Lim, Securities and Exchange Commission Chairman; Ida Ceniza-Tiongson, ICD Vice Chairperson.
SM Investments Corp., the flagship of the SM group, has once again earned the prestigious 5 Golden Arrow Award from the Institute of Corporate Directors (ICD) for the second consecutive year for achieving the highest distinction in corporate governance excellence.
The ICD 2025 Golden Arrow Awards recognized the Philippines’ top publicly listed companies (PLCs) on Thursday.
Alongside SM Investments, SM Prime Holdings, Inc. (SM Prime) also received a 5 Golden Arrow Award, while other companies within the SM Group, including BDO Unibank, Inc., China Banking Corp., Belle Corp., Atlas Consolidated Mining and Development Corp., APC Group, Inc., and Pacific Online Systems Corp., were among this year’s awardees.
“Receiving this award for the second year in a row reflects the dedication of our Board, management, and employees across the SM group,” said SM Investments Chairman Amando M. Tetangco, Jr.
He added, “This recognition reinforces our collective commitment to sustaining a culture of integrity, accountability, and responsible stewardship.”
“In today’s environment, where trust and transparency are paramount, we continue to strengthen our governance culture across the organization. This award affirms our efforts to uphold open communication and ethical leadership in serving our stakeholders,” noted Tetangco.
The ACGS assessment evaluates companies on shareholder rights and equitable treatment, stakeholder engagement, transparency through timely disclosure, sustainability and resilience, and the strategic guidance and accountability of the board. The evaluation is based solely on publicly available disclosures, underscoring the importance of openness and ethical business conduct.
SM Investments said its consistent top-tier performance reflects its steadfast commitment to good governance as a foundation for responsible and inclusive long-term growth and stakeholder value.

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