SMIC cited as leader in transparency, gender equality

MANILA, Philippines — SM Investments Corp. (SMIC) has been recognized anew for its efforts in gender equality.

SMIC was named a leader in transparency and reporting during the 2024 Philippines Women’s Empowerment Principles (WEPs) Awards of the United Nations (UN).

The transparency reporting category recognizes champions who value transparency as a critical aspect of the WEPs framework.

SMIC 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. This award is shared with our stakeholders, who inspire us to continue promoting inclusivity and equality in all that we do,” SMIC chief risk officer and compliance officer and group diversity officer Lizanne Uychaco said.

SMIC became the largest homegrown company to sign the WEPs of UN Women in the Philippines back in 2021.

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.

SMIC was also recently recognized at the Asia Corporate Excellence and Sustainability Awards 2024 (ACES), earning the titles of Asia’s Most Influential Companies and Top Sustainability Advocates in Asia.

The ACES council also highlighted SMIC’s focus on diversity and inclusion within its workforce.

With a workforce exceeding 130,000, SMIC is notable for its gender diversity, with 63 percent of its employees being women and 58 percent of its leadership roles filled by women.