SM Investments Corp., the holding firm of tycoon Henry Sy, is among the top ranked on Forbes’s list of companies that are recognized for being trustworthy and fair.
The ranking of the Forbes 2018 Global 2000-Best Regarded Companies was based on the global polling of the magazine, in partnership with Statista, a provider of market and consumer data. It conducted a poll among 15,000 people from 60 countries that provided their opinions about the Forbes 2018 Global 2000 companies.
The respondents evaluated companies based on their reputation, including topics on trustworthiness, honesty, social conduct, performance of the company’s products and the company as an employer.
The top 250 companies which received the highest total scores were named the Forbes 2018 Global 2000-Best Regarded Companies.
The list is global with 34 countries represented. Only two Philippine companies—SMIC and banking unit BDO Unibank Inc. —garnered spots in the list of well-regarded companies.
SMIC was ranked 235th on Best Regarded Companies and BDO at 140th.
SMIC and BDO were also ranked among the top 500 companies in the Forbes 2018 Global 2000-World’s Best Employers for 2018 and 2017. The holding firm was ranked 158th on the list and the bank at 24th.
“We are honored to receive this recognition which reflects the values of our founder, Henry Sy Sr. This validates our high regard for all our stakeholders and our commitment to good governance, excellence, transparency and stewardship,” SMIC President and CEO Frederic DyBuncio said in a statement.