Ayala Corporation named among Top 50 ASEAN companies, PH Top 5 for corporate governance
Ayala's inclusion in the awards affirms its world-class corporate governance practices, placing it among the world's best in business transparency and accountability, board effectiveness, sustainability, and stakeholder engagement.
'At Ayala, we believe that excellence in corporate governance enables decision making processes and actions that are purposeful and consistent with our objective to build businesses that enable people to thrive. At the same time, a strong governance ethic is key to maintaining investor interest and confidence. We are truly honored to be granted this distinction, which inspires us to continue with our efforts to do business with integrity, transparency and accountability for the benefit of all our stakeholders,' said Ayala Corporation Chief Legal Officer, Compliance Officer, Corporate Secretary and Corporate Governance Group Head Franchette M. Acosta.
The ASEAN CGCA 2025, held on July 24 in Kuala Lumpur, Malaysia, honored top publicly listed companies from the Philippines, Indonesia, Malaysia, Singapore, Thailand and Vietnam. It followed an assessment of their corporate governance practices based on publicly available disclosures.
Ayala business unit Globe Telecom Inc. was also named among the top 50 ASEAN companies and top 5 in the Philippines. Meanwhile, five other Ayala companies made it to the list of ASEAN Asset Class companies, namely ACEN Corporation, AREIT, Inc., Ayala Land, Inc., AyalaLand Logistics Holding Corp., and Bank of the Philippine Islands.
ASEAN Asset Class companies are those that reached the cutoff score of 97.5 points—or at least 75% of the maximum score of 130 under the ASEAN Corporate Governance Scorecard. A total of 35 Philippine companies made the score this year.
In a statement, the ASEAN CGCA said the latest assessment showed sustained improvement in corporate governance practices in the region, particularly in the areas of board accountability, shareholder rights, disclosure practices and sustainability integration.
Learn more about Ayala Corporation on ayala.com.
About Ayala Corporation
For 191 years, Ayala Corporation has been building businesses that enable people to thrive.
Ayala, currently one of the largest conglomerates in the Philippines, has meaningful presence in real estate, banking, telecommunications, and renewable energy. It likewise has a growing presence in healthcare, mobility, and logistics as well as investments in industrial technologies, education, and other ventures. Ayala manages its corporate social responsibility initiatives through Ayala Foundation.
Visit our website at https://ayala.com and follow us on LinkedIn to learn more about the company.
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SOURCE Ayala Corporation
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