PASAY CITY, Philippines,
Aug. 21, 2024 /PRNewswire/ -- The
International Business Awards (IBAs), one of the world's premier
business awards programs, have conferred SM Investments Corporation
(SM Investments) with distinguished accolades at the 21st Annual
International Business Awards®. SM Investments received
a Gold Stevie® for Company of the Year in the
Conglomerates category and a Silver Stevie® for Best
Annual Report.
The Gold Stevie® highlighted SM Investments'
exceptional growth from a small shoe store in Manila to becoming one of the Philippines' largest conglomerates,
further underlining the company's unwavering commitment to its
customers across its expansive network in retail, property,
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 the Philippines,"
said a judge from the Stevie® Awards. Another judge
lauded SM for continuing to serve its customers and how it looks
forward to serve more communities as it expands across the
nation.
Frederic DyBuncio, President and Chief Executive Officer of SM
Investments said: "This recognition inspires us more to deliver
products and services that matter to our customers while positively
impacting the communities we serve. We hope to continue growing
together with our stakeholders and to contribute to a more
sustainable future."
SM's contributions to the Philippine economy are substantial,
supporting over 130,000 jobs and aiding more than 100,000 micro,
small, and medium enterprises. The award also underpins the
company's commitment to sustainability through the SM Foundation,
which has advanced education, healthcare, and community welfare,
benefiting over 1 million Filipinos and supporting thousands of
scholars.
SM Investments' Integrated Report 2023, with the theme
"Committed to Our Customers," was awarded a Silver
Stevie® for Best Annual Report. This recognition
highlights the report's clear and effective communication,
showcasing SM Investments' adherence to global reporting standards
and dedication to transparency and customer satisfaction.
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