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Growing strongly and sustainably: the SM Investments story
The Philippine Star
|March 21, 2025
The name SM has become synonymous with the word development across the nation, especially in areas where its shopping centers, banks, condominiums and retail stores operate in.
One can definitely say that wherever and whenever there is an SM mall, an SMDC residence, a BDO or a Savemore being built, economic progress usually follows.
Over the years, the SM brand has become a household name, emerging as a retail powerhouse that is recognized across all social classes nationwide. To a greater extent, SM Investments Corporation, the parent company of the SM group, is widely considered as a proxy of the broader economic trends and the Filipino consumer story.
The company's business model demonstrates how targeted investments in retail, property and financial solutions contribute to job creation and sustained economic activity given that many Filipinos remain underserved—needing access to modern retailing, banking services and integrated property developments.
But responsible growth has always been top of mind for SM Investments, with the group firmly believing that business growth and sustainability are intertwined. In fact, SM's journey toward sustainable growth started long before corporate social responsibility became a trend among companies.
Since its inception, the company has integrated social responsibility and environmental stewardship into its core business practices. Inspired by the vision of its founder, Henry Sy Sr., who believed that business growth and social development go hand in hand, SM has demonstrated that true growth comes not only from financial success but also from creating lasting value for people, communities and the environment.
SM from its early days has implemented practical solutions such as supporting local suppliers, ensuring equitable access through standardized pricing and empowering employees with training and leadership opportunities, including placing women in leadership roles. This approach has become a model for responsible business growth.
This story is from the March 21, 2025 edition of The Philippine Star.
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