What are Mission Vision & Core Values of SM Investments Company?

SMIC's mission underscores a collaborative approach with its host communities. This partnership involves supporting local suppliers and contributing to community development projects. SMIC aims to create shared value by integrating its business operations with the needs of the communities it serves.

A key element of the mission is providing a consistently high standard of service to customers. This commitment is reflected in SMIC's extensive retail network, offering a wide array of products and services. Customer satisfaction and loyalty are central to SMIC's business model.

The mission statement explicitly mentions looking after the welfare of employees. This includes providing fair wages, opportunities for professional development, and a supportive work environment. Employee well-being is considered crucial for long-term success.

SMIC aims to deliver sustainable returns to its shareholders. This focus on financial performance is balanced with responsible business practices. The SM Group strives for long-term value creation through prudent financial management and strategic investments.

Upholding the highest standards of corporate governance is a critical component of SMIC's mission. This commitment ensures transparency, accountability, and ethical conduct across all its businesses. Strong governance is essential for building trust with stakeholders.

SMIC's mission is reflected in its diverse business operations. For instance, SM Prime, the property arm, reported a consolidated revenue of PHP 128.1 billion in 2023, demonstrating the impact of its operations. BDO Unibank, the banking arm, continues to provide financial services to a wide range of customers. The mission statement guides the company's strategic plan.

SMIC's vision is distinctly future-oriented, focusing on building a sustainable business ecosystem. This indicates a commitment to long-term value creation and resilience in the face of evolving market dynamics and global challenges.

The vision highlights 'sustainable businesses,' reflecting a commitment to environmental and social responsibility. This focus aligns with global trends and the growing importance of ESG (Environmental, Social, and Governance) factors in investment and business strategy.

SMIC aims to be a 'catalyst for responsible development,' indicating a desire to positively impact the communities it serves. This includes contributing to economic growth, social progress, and environmental sustainability.

The vision is both realistic and aspirational, grounded in SMIC's history of building integrated businesses. It reflects the company's capacity to influence economic and social progress across the Philippines.

The vision is closely aligned with SMIC's corporate values, which likely include a commitment to integrity, customer focus, and community involvement. These values guide the company's actions and decision-making processes.

The vision outlines SMIC's long-term objectives, which include creating a lasting positive impact on society. This commitment is reflected in its strategic plan and investment portfolio.

SMIC's commitment to sustainability is deeply rooted in its vision of building sustainable businesses. They allocate a significant portion of their capital expenditure, approximately 10%, towards sustainability and resiliency initiatives. This demonstrates a direct link between their vision and their investment decisions.

This commitment influences product development across various sectors. For example, SMIC incorporates disaster-resilient features in its property projects. In retail, programs like 'SM Green Finds' promote sustainable products, aligning with the company's environmental goals.

The mission's emphasis on providing high standards of service and employee welfare shapes day-to-day operations and corporate culture. SMIC invests in employee development and focuses on delivering excellent customer service. This commitment is reflected in their operational practices.

The mission's focus on sustainable returns to shareholders aligns with the goal of delivering strong financial performance. SMIC's financial performance in 2024, with a 7% net income growth, reflects this commitment. This demonstrates the practical application of their mission.

Frederic DyBuncio, President and CEO of SM Investments, emphasizes the importance of their strong ecosystem in navigating challenges and delivering long-term value. He highlights inclusive entrepreneurship as a core aspect of their business model, reinforcing the company's values.

SM Investments Company's strategic decisions, guided by its mission, vision, and core values, have a significant impact on the Philippine economy. Their investments in various sectors contribute to job creation, infrastructure development, and overall economic growth, solidifying their role as a key player in the country's progress. For more insights into the stakeholders who benefit from SMIC's success, consider exploring the Owners & Shareholders of SM Investments.

Leadership plays a vital role in reinforcing SMIC's mission, vision, and core values. Frederic DyBuncio, President and CEO, consistently emphasizes the importance of collaboration across their core businesses and the value of inclusive entrepreneurship. This aligns with the company's commitment to sustainable development and inclusive growth.

SM Investments Company prioritizes good corporate governance, which is a key component of its mission. The board composition includes independent directors, demonstrating accountability and transparency, which is crucial for long-term success and stakeholder trust.

SMIC communicates its mission and vision through various channels. This includes corporate reports, investor briefings, and internal communications to employees, ensuring that all stakeholders are informed and aligned with the company's goals. Furthermore, SMIC's participation in global initiatives like the UN Global Compact reinforces its commitment to universally accepted principles.

SM Investments Company integrates its core values into its operational practices, particularly through its sustainability initiatives. The SM Green Movement's initiatives in waste management, renewable energy adoption, and disaster resilience in their properties are concrete examples of aligning stated values with actions. You can learn more about the company's origins in the Brief History of SM Investments.