For demonstrating “notable efforts to create a collective better future for stakeholders, society, future generations and the environment,” Ayala Corp., one of the country’s oldest conglomerates, was deemed worthy to be added to the inaugural Steward Leadership (SL) 25.
SL 25 is an annual listing of initiatives from 25 for-profit organizations that have shown “steward leadership excellence” within Asia-Pacific.
It is presented by Stewardship Asia Centre, INSEAD Hoffmann Global Institute for Business and Society, Willis Towers Watson and The Straits Times.
Ayala Corp. was the sole Philippine company under the conglomerate category to make it to the list—whittled down from 95 submissions—specifically for helping the country withstand the worst of the effects of the devastating COVID-19 pandemic.
In all, the conglomerate that turns 189 years old in March, with interests in banking, infrastructure development, telecommunications and property development, deployed over P24 billion for its holistic COVID-19 response.
Jaime Alfonso Zobel de Ayala, head of business development and digital innovation of Ayala Corp., received the award for the group in Singapore, representing how the eighth generation of the Zobel family at the helm of the conglomerate intends to maintain the commitment to stewardship that has been cited as one of the primary reasons behind Ayala Corp.’s enviable longevity.
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