SMIC joins global list of sustainability champions | Inquirer Business
Close  

SMIC joins global list of sustainability champions

/ 09:44 PM April 17, 2021

Sy family-led conglomerate SM Investments Corp. (SMIC) has joined the global group of sustainability champions on the 50 Sustainability & Climate Leaders platform, the only Filipino company to make the elite roster.

The 50 Sustainability & Climate Leaders platform is a demonstration of business leaders’ desire, leadership and commitment to take effective action in the fight against climate change. Led by the TBD Media Group, this is a multimedia campaign that seeks to showcase effective leadership in the following areas: energy transition; climate finance and carbon pricing; industry transition; nature-based solutions; cities and local action; and resilience. “We recognize our role and responsibilities in creating a more sustainable future. Our footprint today allows us to view our businesses through a larger lens of economic, social and environmental impact,” SMIC president and chief executive officer Frederic DyBuncio said in a statement on Friday.

ADVERTISEMENT

SMIC has laid out specific targets to focus its strategic investments and initiatives in line with the UN Sustainable Development Goals.

For the conglomerate, the path to sustainable growth is focused on the following: providing inclusive economic opportunities through multiple partnerships across various segments of the economy; creating positive social impact through its various programs on education, health and food security; practicing environmental responsibility through water recycling, waste management and efficient use of energy among others; and, embracing good corporate governance with the objective of building a network of vibrant local economies.

FEATURED STORIES

Across SMIC’s businesses, the group also focuses its environmental efforts on disaster risk reduction and resilience and climate change adaptation.

—Doris Dumlao-Abadilla INQ
Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Business, SMIC
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2021 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.