Ayala Land Inc. (ALI) was recognized for excellence in a recent poll by The Asset Magazine, a highly respected financial publication in Asia.
The Asset, a multi-media publishing and research concern catering to leading corporate and financial decision makers in Asia, gave ALI the Platinum Award for All-Round Excellence in Financial Performance, Management, Corporate Governance, Social Responsibility, Environmental Responsibility and Investor Relations.
This, according to an article in The Asset website, is a new category of excellence under the magazine’s Corporate Awards. “Companies were invited to tender submissions in five main categories: three-year financial performance, corporate governance, social responsibility, environmental responsibility and investor relations,” said the article. “Scores were given for each of the categories. In addition, in interviews with investors, analysts and industry specialists, the companies were assessed for their management acumen.”
ALI was among 20 companies from around Asia that achieved the threshold score. Included in the list is ALI’s sister company, Globe Telecom.
“This award validates all our efforts in upholding the highest standards in the areas of corporate governance, social responsibility, financial management, and shareholder value creation,” said ALI chief finance officer Jaime E. Ysmael.
Ayala Land has garnered other awards the past year from financial as well as other organizations and awarding bodies.
Last September, ALI garnered the award for Best Developer – Philippines in Euromoney’s Real Estate Poll 2009, based on opinions of real estate developers, advisors, financial institutions, investors and end-users surveyed world-wide.
In November, the company’s strong thrust towards sustainability and social responsibility was recognized in a ranking of Asian companies by Singapore-based consultancy firm CSR Asia. ALI ranked second in the Philippines, next to Petron, and 29th overall among the 200 largest listed companies in 10 countries -- Australia, China, Hong Kong, India, Japan, Malaysia, Pakistan, Philippines, Singapore and Thailand. ALI and Petron were the only Philippine companies in the top 30.