Various award-giving bodies cited the Enrique Razon-led International Container Terminal Services Inc. as one of Asia's best companies for its governance and corporate responsibility efforts.
The latest of such recognitions came from Asiamoney, a division of the global media group Euromoney Institutional Investor PLC, owned by the London-based Daily Mail and General Trust Group.
AsiaMoney named ICTSI as one of Asia's best companies for 2022.
According to the 2022 Asia's Outstanding Companies Poll by Asiamoney, ICTSI was named the most outstanding company in the Philippines under the transportation sector category for showing all-around governance excellence and social responsibility efforts.
Also, ICTSI earned accolades based on the company's financial performance, management team excellence, investor relations, and corporate social responsibility initiatives.
Choice of 12 Asian markets
The Filipino company made it to the list after Asiamoney gathered the votes of more than 1,200 fund managers, research analysts, and bankers who took part in the voting across 12 markets in Asia.
On the other hand, ICTSI was also named the Best Investor Relations Company in the Philippines and Asia's Best CSR at the 13th Asian Excellence Awards by the Hong Kong-based Corporate Governance Asia.
ICTSI chairperson and president Enrique Razon Jr. was bestowed Asia's Best CEO (Investor Relations) for his superior leadership and excellence in driving ICTSI's overall management and growth, while Rafael Consing Jr., former senior vice president and chief financial officer, was named Asia's Best CFO (Investor Relations).
Arthur Tabuena, ICTSI Treasury director and head of Investor Relations, was also recognized as the Philippines' Best Investor Relations Professional.
The Asian Excellence Awards recognizes companies for their achievements and superiority in management acumen, financial performance, corporate social responsibility, environmental practices and investor relations.
Winners were selected from China, Hong Kong, India, Japan, Korea, Indonesia, Malaysia, Singapore, Taiwan, Thailand, Vietnam and the Philippines.
Adding to the list of awards recognizing ICTSI for its governance excellence is Alpha Southeast Asia which cited the company as one of the best managed companies in the Philippines — clinching three awards in the 13th Annual Institutional Investor Awards.
ICTSI is the publicly-listed company in the country that has the Best Strategic Corporate Social Responsibility and the Best Annual Report in the Philippines.
The only poll focused on Southeast Asia, the Institutional Investor Awards gauges performance in financial management, adherence to corporate governance, integrated reporting/CSR & IR.
Aside from the abovementioned commendations, ICTSI was rated by the Institute of Corporate Directors as one of the high-ranking PLCs in the Philippines based on the Asean Corporate Governance Scorecard, also in recognition of the Company's commitment towards responsible stewardship.