San Miguel Food and Beverage Inc 2023 AR2
The report highlights San Miguel Food and Beverage, Inc.'s (SMFB) record-breaking financial performance in 2023, achieving its highest net income of P38.1 billion since its consolidation in 2018. The company advanced its sustainability agenda by aligning with parent company San Miguel Corporation's targets, including a net-zero commitment by 2050. Key environmental achievements include recovering over 90% of returnable beer bottles and recycling 82% of total solid waste. On the social front, SMFB expanded employee training hours by 21% and logged over 24.5 million safe-man hours.
Company: San Miguel Food and Beverage Inc
Sector: Consumer Staples
Country: Philippines
Year: 2023
Type: AR2
Pages: 196
San Miguel Food and Beverage Inc
Annual Report
The report highlights San Miguel Food and Beverage, Inc.'s (SMFB) record-breaking financial performance in 2023, achieving its highest net income of P38.1 billion since its consolidation in 2018. The company advanced its sustainability agenda by aligning with parent company San Miguel Corporation's targets, including a net-zero commitment by 2050. Key environmental achievements include recovering over 90% of returnable beer bottles and recycling 82% of total solid waste. On the social front, SMFB expanded employee training hours by 21% and logged over 24.5 million safe-man hours.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Net Zero Target
Employees