SM Investments Corp. (SM Investments), the parent company of the SM Group, has once again received the prestigious 5 Golden Arrow Award from the Institute of Corporate Directors (ICD), marking its second consecutive year of achieving the highest distinction for corporate governance excellence.
The ICD 2025 Golden Arrow Awards honored the country’s top publicly listed companies (PLCs) on Thursday. Alongside SM Investments, SM Prime Holdings, Inc. (SM Prime) also earned a 5 Golden Arrow Award. Other SM Group companies — BDO Unibank, Inc., China Banking Corporation, Belle Corporation, Atlas Consolidated Mining and Development Corporation, APC Group, Inc., and Pacific Online Systems Corporation — were also recognized.
“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 M. Tetangco, Jr. “This recognition reinforces our collective commitment to sustaining a culture of integrity, accountability, and responsible stewardship.”
“In today’s environment where trust and transparency are paramount, we continue to strengthen our governance culture across the organization. This award affirms our efforts to uphold open communication and ethical leadership in serving our stakeholders,” Tetangco added.
The ASEAN Corporate Governance Scorecard (ACGS) assessment evaluates companies on shareholder rights and equitable treatment, stakeholder engagement, transparency through timely disclosure, sustainability, resilience, and board accountability. The evaluation relies solely on publicly available information, highlighting the importance of openness and ethical conduct.
SM Investments’ consistent top performance underscores its commitment to good governance, sustainable growth, and long-term stakeholder value.
