AYALA CORPORATION: Ayala Corporation bags the Silver at the 2019 Asia Sustainability Reporting Awards

Ayala Corporation issued the following announcement on May 1.

Ayala Corporation (Ayala) won the Silver in the Best Sustainable Development Goal (SDG) Reporting category at the 5th Asia Sustainability Reporting Awards (ASRA), which was held online on April 29, 2020. Ayala was also a finalist for Best Integrated Report at ASRA, Southeast Asia’s most prestigious recognition for corporate sustainability reporting.

As one of the country’s leaders in corporate sustainability, Ayala pioneered Integrated Reporting in 2016 in the Philippines, and in 2018 began integrating risk management and sustainability in its business stragategies. This integration allows Ayala to better make long-lasting and meaningful contributions to the communities that it serves, as it aims to address persistent societal gaps that have excluded many Filipinos for years.

In April 2019, Ayala furthered this integration by launching the Ayala Sustainability Blueprint, a framework that allows each of its business units to champion specific United Nations Sustainable Development Goals (UN SDGs), and be deliberate in monitoring and evaluating sustainability targets. Ayala, a founding member of the GCNP in 2017, first formally aligned its businesses with the UN SDGs in 2015.

“The path towards a sustainable future beckons us all and so, we in Ayala took on the challenge of pioneering a sustainability blueprint that is anchored on the SDGs. It has proven to be valuable especially in this turbulent times wherein it is evidently clear, that the only way for us to have a future is if we start taking sustainable, innovative, and collaborative actions,” said Jose Teodoro K. Limcaoco, Ayala Corporation Chief Risk Officer and Chief Sustainability Officer, Senior Managing Director, and Chief Finance Officer.

Ayala Corporation’s award-winning report demonstrates the organisation’s leadership in sustainability reporting and its commitment to creating long-term value for stakeholders.

In a live broadcast from Singapore, more than 200 senior business leaders and sustainability professionals from 15 countries attended the exclusive awards ceremony hosted virtually due to the COVID-19 pandemic. Attendees also included dignitaries from embassies and high-ranking officials from academia, trade associations, and advocacy organisations.

The winners were selected from 461 entries received from 16 countries in Asia. The 2019 ASRA saw 80 shortlisted companies from 13 countries competing in the finals across 19 awards categories.

Original source: https://www.ayala.com.ph/press-room/press-releases/ayala-corporation-bags-silver-2019-asia-sustainability-reporting-awards