SM Investments Corp. (SM Investments), the parent company of the SM group, once again earned the prestigious 5 Golden Arrow Award from the Institute of Corporate Directors (ICD), marking its second consecutive year of 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 Tetangco, Jr. “This recognition reinforces our collective commitment to sustaining a culture of integrity, accountability, and responsible stewardship.”
BACK-TO-BACK (From left) Benedicta Du-Baladad, Institute of Corporate Directors (ICD) chairman; Amando Tetangco Jr., SM Investments chairman; Francis Ed Lim, Securities and Exchange Commission chairman; and Ida Ceniza-Tiongson, ICD vice chairman. PHOTO FROM SMIC
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.
SM Investments’ consistent top-tier performance reflects its steadfast commitment to good governance as a foundation for responsible and inclusive long-term growth and stakeholder value.