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International Container Terminal Services, Inc has once again been recognized by leading investment institutions and agencies as one of the top Asian companies that has shown all-round governance excellence and social responsibility efforts
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At the Asiamoney 2022 Asia’s Outstanding Companies Poll, ICTSI was named the most outstanding company in the Philippines under the Transportation Sector category
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The Hong Kong-based Corporate Governance Asia named ICTSI as the Best Investor Relations Company in the Philippines and adjudged Asia’s Best CSR at the 13th Asian Excellence Awards
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Chair and president Enrique Razon Jr. recognized as Asia’s Best CEO (Investor Relations), and Rafael Consing Jr., former senior vice president and chief financial officer, as Asia’s Best CFO (Investor Relations)
International Container Terminal Services, Inc. (ICTSI) has once again been recognized by leading investment institutions and agencies as one of the top Asian companies that has shown all-round governance excellence and social responsibility efforts.
In a statement, the company said it was named the most outstanding company in the Philippines under the Transportation Sector category at the recently concluded 2022 Asia’s Outstanding Companies Poll by Asiamoney.
The citation is based on financial performance, management excellence, investor relations, and corporate social responsibility (CSR) initiatives. Over 1,200 fund managers, research analysts and bankers took part in the voting across 12 Asian markets.
At the 13th Asian Excellence Awards, Hong Kong-based Corporate Governance Asia named ICTSI as the Best Investor Relations Company in the Philippines and adjudged Asia’s Best CSR.
ICTSI’s leaders were likewise acknowledged, with chair and president Enrique Razon Jr. recognized as Asia’s Best CEO (Investor Relations), and Rafael Consing Jr., former senior vice president and chief financial officer, as Asia’s Best CFO (Investor Relations). Arthur Tabuena, ICTSI’s treasury director and head of investor relations, received the title of the Philippines’ Best Investor Relations Professional.
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, the only poll focused on Southeast Asia. It gauges strong financial management, adherence to corporate governance, and integrated reporting/CSR & IR.
ICTSI led publicly listed companies in the country for having the Best Strategic Corporate Social Responsibility (CSR) and the Best Annual Report in the Philippines.
Meanwhile, the Institute of Corporate Directors rated ICTSI as one of the top publicly listed companies in the Philippines, based on the ASEAN Corporate Governance Scorecard.
The company received three Golden Arrows for its adherence to best practices in board responsibilities, disclosure and transparency, rights of shareholders, equitable treatment of shareholders, and the role of stakeholders.
Lastly, Cxociety and FutureCFO recognized ICTSI for its Leadership in Sustainable Environmental, Social, and Governance, highlighting its digitization efforts during the pandemic and the implementation of a global cash pool program in 2023.
The FutureCFO Excellence Awards recognize the best of finance professionals from across the region, industries and functions. The Awards applaud the invaluable contribution of finance towards the transformation and growth of organizations.
Christian R. Gonzalez, ICTSI’s executive vice president, compliance officer, and chief sustainability officer, emphasized the importance of awards in affirming the company’s commitment to sound management and corporate governance.
ICTSI aims for growth in global ports and will set decarbonization goals by 2023. Four of its American sites are now carbon-neutral. They have also introduced a new Supplier Code of Business Conduct to ensure fairness in dealings.
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