SM Investments Corp 2023 IR
The report highlights SM Investments Corporation's strong performance in 2023, achieving an 11% consolidated revenue growth to PHP 616.3 billion and a 25% increase in net income to PHP 77.0 billion. The company expanded its footprint by opening 419 new retail stores, 78 bank branches, and three malls, primarily outside Metro Manila. In sustainability, SM reduced its plastic usage by 20% and established a principles-based Diversity, Equity, and Inclusion framework, with women occupying 58% of leadership roles. Additionally, the company's geothermal operations produced 2,604.4 GWh of clean energy, supporting national renewable energy goals.
Company: SM Investments Corp
Sector: Industrials
Country: Philippines
Year: 2023
Type: IR
Pages: 80
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SM Investments Corp
Integrated Report
The report highlights SM Investments Corporation's strong performance in 2023, achieving an 11% consolidated revenue growth to PHP 616.3 billion and a 25% increase in net income to PHP 77.0 billion. The company expanded its footprint by opening 419 new retail stores, 78 bank branches, and three malls, primarily outside Metro Manila. In sustainability, SM reduced its plastic usage by 20% and established a principles-based Diversity, Equity, and Inclusion framework, with women occupying 58% of leadership roles. Additionally, the company's geothermal operations produced 2,604.4 GWh of clean energy, supporting national renewable energy goals.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Water Consumption
Total Waste
Women in Management
Employees