Thursday, October 31, 2024

HappeningPH Retail Special! Local and International Groups Fete SM Store for Responsible Retailing

HappeningPH Retail Special! Local and International Groups Fete SM Store for Responsible Retailing

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MANILA, Philippines July 12, 2024 – The SM Store recently received accolades from esteemed local and international organizations, acknowledging its impactful contributions to community welfare through its flagship corporate social responsibility program, the Shop & Share movement. 

The League of Corporate Foundations (LCF) recently recognized SM’s Shop & Share for Education program for its significant efforts to provide essential back-to-school kits, well-fitted shoes and learning toys for underprivileged grade schoolers in the most in need communities across the Philippines. Now on its second year, the Shop & Share for Education program aims to distribute educational supplies to 12,000 pupils in over 70 public schools nationwide, addressing critical educational needs in the country. The LCF is a network of corporate foundations in the Philippines active in promoting Corporate Social Responsibility practices among its members and the larger business community.

Highlighting the SM Store’s efforts in leveraging its nationwide footprint to foster collaborative social good and positive impact in the communities it serves, the Shop & Share movement bagged the Bronze Award for Innovation in Communications and Public Relations at the recent 11th Asia-Pacific Stevie Awards.

The Shop & Share movement reflects SM Store’s steadfast commitment to bridging societal gaps through strategic partnerships with global and local non-government organizations, local government units (LGUs), and schools across the Philippines. Its diverse portfolio includes initiatives such as Shop & Share for Sustainable Livelihood, Shop & Share for Education, Shop & Share a Toy, Shop & Share for Women, Share Shoes, and Shop & Share for Tech Education, which collectively impact youth, women, farmers, and students nationwide.

In addition to these accolades, SM Store was also bestowed with the esteemed Hall of Fame for Social Empowerment award by the Asia Responsible Enterprise Awards (AREA). Presented by Enterprise Asia, this award recognizes SM’s continuous commitment to sustainable and responsible business practices, solidifying its position as a leader in corporate social responsibility in Asia.

For more information on SM Store’s corporate social responsibility initiatives, please visit smstore.com/csr.

About SM Investments Corporation

SM Investments Corporation is one of the leading Philippine companies that is invested in market-leading businesses in retail, banking, and property. It also invests in ventures that capture high growth opportunities in the emerging Philippine economy.

SM’s retail operations are the country’s largest and most diversified, consisting of grocery stores, department stores and specialty retail stores. SM’s property arm, SM Prime Holdings, Inc., is the largest integrated property developer in the Philippines with interests in malls, residences, offices, hotels, and convention centers as well as tourism-related property developments. SM’s interests in banking are in BDO Unibank, Inc., the country’s largest bank, and China Banking Corporation, the fourth largest private domestic bank.

For more information, please visit www.sminvestments.com

For inquiries, please contact: smic_corpcomm@sminvestments.com

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