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Sustainability
Sustainability
Ayala's value creation process is deeply embedded in its purpose of building businesses that enable people to thrive.
Sustainability Governance
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Governance of sustainability matters at Ayala starts within the Board of Directors through the Sustainability Committee, who supports the company's sustainability efforts and the integration of ESG matters into strategy formulation.
The Chief Sustainability Officer (CSO), also concurrently the Chief Risk Officer (CRO) directs Ayala's sustainability strategy. The Group Sustainability and Risk Management team supports the CSO in the execution of sustainability programs.
Climate Action
Ayala commits to achieving Net-Zero Greenhouse Gas Emissions by 2050
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We recognize the urgency of climate action and the need to align ourselves with the global movement to address the climate crisis and ensure that the Philippines’ contribution to climate action makes an impact. Hence, we committed to achieve net-zero greenhouse gas emissions by 2050. In the same vein, we are cognizant of the need to secure our businesses from the threats brought about by climate change. Ayala continues to be guided by the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), cognizant that the TCFD had just concluded its operations and is now subsumed by the International Sustainability Standards Board (ISSB). Across its organization, Ayala ensures that its business decisions – both short- and long-term – factor in climate-related considerations. The company also regularly reviews and updates its risk register to confirm that it recognizes relevant financial risks and opportunities associated with climate change.
Value Creation
Ayala continues to be an active partner of various stakeholders in advocating for sustainability and bridging societal gaps.
Ayala leverages on various relationships and resources to achieve its medium- to long-term ambitions and deliver value to its stakeholders.
To more effectively identify and manage topics that critically affect both its businesses and stakeholders, Ayala conducted a double materiality assessment in 2023, in line with best practice to revisit and refresh material topics every two to three years. The company mapped out relevant themes and consulted its stakeholders to determine sustainability issues to be prioritized and the corresponding actions that need to be taken to address them.
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Climate Action and Resource Efficiency
“Our journey towards net zero will be done gradually and properly. We will be accurate, transparent and regular in reporting our progress.”
Jaime Augusto Zobel de Ayala, Chairman
People-First Culture
“In 2023, we approved a landmark Leadership Commitment to diversity, equity and inclusion. We have also started to be more strategic in our philanthropic engagements.”
Jaime Augusto Zobel de Ayala, Chairman
Responsible Business Practices
“We ensure that our businesses are conducted in a highly ethical manner, with utmost consideration for human and labor rights, the environment and strict anti-corruption policies.”
Jaime Augusto Zobel de Ayala, Chairman
Sustainability Blueprint
Our aspiration to address societal gaps are aligned with the United Nations Sustainable Development Goals (UN SDGs), with the Ayala Sustainability Blueprint serving as our primary guide in ensuring that we contribute meaningfully to the global goals. Our commitment to improving lives of Filipinos is clearly defined by the pathways of access and inclusivity, productivity and competitiveness, responsible growth and innovation.
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Partnerships & Collaborations
We partner and collaborate with organizations whose mission, vision, and activities align with our sustainability philosophy and can help us benchmark ourselves and further promote sustainability. Learn more about our partnerships and collaborations in our latest Integrated Report.
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GCNP is the Philippine-based platform for participating companies and non-business stakeholders to advance the U.N. Global Compact and its principles at the local level. Ayala Corporation is a founding member of the GCNP, and our Group Risk Management and Sustainability Head, Ma. Victoria A. Tan, has been elected as the Chairperson for 2022-2023.
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Download Previous Annual Reports
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2022 Integrated Report
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2021 Integrated Report
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2020 Integrated Report
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2019 Integrated Report
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2018 Integrated Report
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2017 Integrated Report
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2016 Integrated Report
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2015 Integrated Report
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2014 Integrated Report
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2013 Integrated Report
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2012 Integrated Report
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2011 Integrated Report
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2010 Integrated Report
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2009 Integrated Report
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