Press Releases

7

September 2022

Ayala, core businesses consistently cited in London-based index series for strong ESG practice

MANILA — Ayala Corporation and its core businesses Ayala Land, Globe, and BPI continue to exhibit strong Environmental, Social and Governance (ESG) practices, as assessed by London-based FTSE4GOOD Index Series.

Created by the global index and data provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong ESG practices. The FTSE4Good indexes are used by a wide variety of market participants to create and assess responsible investment funds and other products.

Ayala Corporation has been a constituent of the FTSE4GOOD Index Series since 2016. Globe and Ayala Land have been in the list for seven consecutive years, while BPI was named constituent since 2020.

FTSE Russell evaluations are based on performance in areas such as Corporate Governance, Health & Safety, Anti-Corruption and Climate Change. The criteria are developed using an extensive market consultation process and are approved by an independent committee of experts. A broad range of stakeholders, including NGOs, governmental bodies, consultants, academics, the investment community and the corporate sector, help shape the criteria.

Ayala Corporation’s Chief Finance Officer, Chief Risk Officer, and Chief Sustainability Officer Albert de Larrazabal said the group’s consistent inclusion in FTSE4Good Index Series shows Ayala’s strong adherence to globally recognized ESG standards.

“We are quite honored to be consistently included in the FTSE4GOOD Index Series, which supports investors who wish to encourage positive change in corporate behavior and align their portfolios with their values,” Larrazabal said.

“Ayala’s holistic view of ESG practices is instilled in our companies. When you invest in Ayala, you are investing for the greater good—and you are assured of long-term value for your investment,” he added.

Ayala Corporation is among the 65 companies, investor groups, and professional accounting firms that endorsed a joint statement calling for a global baseline for reporting sustainability-related information.

This call to action seeks to provide a comprehensive global baseline of sustainability disclosures needed by capital markets, including investors who allocate capital internationally, companies who operate and raise capital across national borders, and the accounting profession that serves all consumers of corporate reporting.

Ayala and its core business units are signatories to the Taskforce on Climate-related Financial Disclosures and are currently working to implement the 11 recommended disclosures in the pillars of governance, strategy, risk management, and metrics & targets.      

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Rhys Buccat  Brand and Reputation Management Ayala Corporation