Ayala Corporation Celebrated as a Top ASEAN Company for Corporate Governance Excellence

Ayala Corporation Recognized in ASEAN Corporate Governance Awards

Ayala Corporation, one of the oldest and most prestigious conglomerates in ASEAN, has made headlines for being listed among the top 50 publicly traded companies in the region during the 2025 ASEAN Corporate Governance Conference and Awards. This annual recognition underscores the company’s outstanding commitment to corporate governance, placing it within the elite circle of firms celebrated for their transparency, accountability, and overall governance practices.

The ASEAN Corporate Governance Conference and Awards, held on July 24 in Kuala Lumpur, Malaysia, aims to honor exemplary corporate governance across the ASEAN region, which includes nations like the Philippines, Indonesia, Malaysia, Singapore, Thailand, and Vietnam. Out of numerous contenders, Ayala Corporation not only secured a place in the prestigious top 50 but also clinched a spot among the top five companies in the Philippines. This accolade is a testament to its best practices in management and stakeholder engagement, demonstrating leadership in fostering accountability and sustainability in business operations.

According to Franchette M. Acosta, Ayala Corporation's Chief Legal Officer and Corporate Governance Group Head, the company believes that excellence in governance is crucial for maintaining investor confidence and ensuring decision-making processes are aligned with making a positive impact. She noted, “We are truly honored to be granted this distinction, which inspires us to continue with our efforts to conduct business with integrity, transparency, and accountability for the benefit of all our stakeholders.”

In addition to Ayala Corporation’s recognition, its subsidiary Globe Telecom Inc. also made it to the top 50 ASEAN companies, showcasing the conglomerate’s robust portfolio of enterprises dedicated to high governance standards. Furthermore, several other companies under the Ayala Group, including ACEN Corporation, AREIT, Inc., Ayala Land, Inc., AyalaLand Logistics Holding Corp., and Bank of the Philippine Islands, achieved the status of ASEAN Asset Class companies. To qualify for this category, a company must attain a cutoff score of 97.5 points (at least 75% of the maximum score of 130) on the ASEAN Corporate Governance Scorecard.

The assessment conducted during the awards highlighted a general improvement in corporate governance practices across the ASEAN region, especially in areas such as board accountability, shareholder rights, and sustainability integration. This upward trend in corporate governance reflects the growing importance placed on ethical business practices in the region, a factor that investors increasingly consider when making decisions.

Founded in 1834, Ayala Corporation has played a significant role in the Philippines' economic evolution, leading ventures in sectors like real estate, banking, telecommunications, renewable energy, healthcare, logistics, and more. The company's continually expanding influence signifies its commitment not only to business success but also to responsible and sustainable practices that help foster community development.

Through its initiatives managed by the Ayala Foundation, the corporation aims to further its influence in corporate social responsibility (CSR), focusing on education, community development, and other social causes. The recent recognition serves as an impetus for Ayala Corporation to maintain its role as a driver of positive social change in the Philippines and across the ASEAN region.

For more information about Ayala Corporation and its endeavors, visit ayala.com. Follow them on LinkedIn to stay updated on their latest news and initiatives.