Pasay City, Metro Manila—The Sy-led SM Investments Corporation sealed its commitment to sustainable development as it became a signatory to the United Nations Global Compact (UNGC) last March 26, 2019.
As a signatory, SM commits to uphold the Ten Principles of the UNGC on engaging in just labor, upholding human rights, promoting environmental responsibility, and working against corruption.
For the past 60 years, the company has been actively involved in nation building through its businesses and foundation. It is in the recent years that it has taken steps to align with global principles and goals.
Less than a year before the company’s UNGC membership, SM partnered with the Global Reporting Initiative (GRI) to launch the first Sustainability Summit in the Philippines on October 8, 2018, at Conrad Manila.
Building on the success of the event, the company will co-present the UNGC-GRI Regional Sustainability Summit: Empowering Corporate Action through the SDGs on August 20. The Summit brings together the public and private sector in the Asia-Pacific region to strengthen collaboration in pursuing and achieving the UN Sustainable Development Goals.
Read SM’s letter of commitment to the UNGC: https://www.unglobalcompact.org/what-is-gc/participants/135517-SM-Investments-Corporation