Learn more about Hart Energy Conferences
Get our latest conference schedules, updates and insights straight to your inbox.
SM Investments Corp. was recognized by Morningstar Sustainalytics in its 2023 Top-Rated ESG Companies list among top rated companies in its industry and top rated companies in the Asia Pacific, SM announced in a March 9 press release.
SM was ranked in February in the top 6.7% of companies with the lowest ESG risk score in its own peer group, with a ESG risk rating of 13.3. The assessment demonstrated SM’s low risk of experiencing material financial impacts from ESG factors.
Morningstar’s ESG risk ratings analyze a company’s industry-specific ESG risks and how the company mitigates those risks. SM’s mitigation techniques include technological investments, personnel training and consistent audits.
As a global provider of ESG research and ratings, Morningstar’s risk ratings analyzed more than 15,000 companies across 42 industries.
"We are honored to be cited by Morningstar Sustainalytics which reflects our commitment and initiatives towards sustainability, particularly good governance and risk management. In this period of global uncertainty, it is important for us to affirm our investors' and stakeholders' confidence in the company as a stable, sustainable and responsible proxy for Philippine development and growth," SM Investments Corporation President and CEO Frederic C. DyBuncio said.
SM Investments is a Philippine company in the retail, banking and property industries.
Recommended Reading
CERAWeek: Tecpetrol CEO Touts Argentina Conventional, Unconventional Potential
2024-03-28 - Tecpetrol CEO Ricardo Markous touted Argentina’s conventional and unconventional potential saying the country’s oil production would nearly double by 2030 while LNG exports would likely evolve over three phases.
DUG GAS+: Chesapeake in Drill-but-don’t-turn-on Mode
2024-03-28 - COO Josh Viets said Chesapeake is cutting costs and ready to take advantage once gas prices rebound.
Exclusive: Chevron Balancing Low Carbon Intensity, Global Oil, Gas Needs
2024-03-28 - Colin Parfitt, president of midstream at Chevron, discusses how the company continues to grow its traditional oil and gas business while focusing on growing its new energies production, in this Hart Energy Exclusive interview.
Baltimore Port Closure Could Dent US Coal Export Volumes, EIA Says
2024-03-28 - Baltimore handled exports of 28 million short tons last year, making up 28% of total U.S. coal exports.
Vopak Consortium Selected to Operate New LNG Terminal in South Africa
2024-01-10 - Vopak, in a partnership with Transnet Pipelines, was selected to develop and operate an LNG terminal at the Port of Richards Bay in South Africa for 25 years.