Escolar Documentos
Profissional Documentos
Cultura Documentos
2 012 S U S TA I N A B I L I T Y R E P O R T
SECTION TITLE
03
TABLE OF CONTENTS
ABOUT THE COVER........................................................................................2
ABOUT OUR REPORT.....................................................................................4
ABOUT AYALA................................................................................................6
JOINT MESSAGE FROM THE CHAIRMAN AND THE PRESIDENT........................8
ONE GROUP................................................................................................10
CREATING SHARED VALUE...........................................................................12
LISTENING AND ENGAGING.........................................................................18
CORPORATE GOVERNANCE.........................................................................22
ONE COMMUNITY.......................................................................................32
ONE TEAM..................................................................................................42
ONE PLANET...............................................................................................52
2 012 S U S TA I N A B I L I T Y R E P O R T
ABOUT
OUR
REPORT
Reporting Feedback
We welcome your feedback on this report and
on Ayalas sustainability performance. Please
contact us at sustainability@ayala.com.ph.
(3.4)
2 012 S U S TA I N A B I L I T Y R E P O R T
A
ABOUT
AYALA
A B O U T AYA L A
WWF Philippines
2012 Environmental Leadership Award
2 012 S U S TA I N A B I L I T Y R E P O R T
JOINT
MESSAGE
FROM THE
CHAIRMAN
AND THE
PRESIDENT
10
2 012 S U S TA I N A B I L I T Y R E P O R T
12
2 012 S U S TA I N A B I L I T Y R E P O R T
CREATING
SHARED
VALUE
C R E AT I N G S H A R E D VA L U E
13
14
2 012 S U S TA I N A B I L I T Y R E P O R T
Above photos, left to right: An Amaia housing unit; BPI opens the countrys
first solar-powered branch; the North Rizal Water System Project;
a livelihood project in NUVALI; GNPower plant in Bataan
C R E AT I N G S H A R E D VA L U E
15
Ayala Foundation
commits to creating
communities where
people are productive,
creative, self reliant, and
proud to be Filipinos.
16
2 012 S U S TA I N A B I L I T Y R E P O R T
17
C R E AT I N G S H A R E D VA L U E
Company
Net Income
2011
2011
2012
Revenues
% Y-O-Y Revenues
2011
2012
2011
2012
Ayala
9.4
10.6
(16)
13
107.5
125.1
10
16
Ayala Land
7.1
31
27
44.2
54.5
17
23
12.8
16.3
13
27
41.76
47.4
14
Globe
9.8
6.86
(30)
77.76
82.7
Manila Water
4.3
5.4
26
12
14.6
22
0.095
0.213
(68)
124
8.8
9.99
(23)
14
3.3
5.4
(31)
64
575.5
661.8
40
15
BPI
Ayala Auto
IMI
Company
LiveIt
Share of EBITDA
2011
23.5
2012
31.9
54
2012
36
Share of Revenues
2011
2012
317.7
343.3
Financial Highlights
In 2012, Ayala strengthened its core
businesses, enhanced the profitability
of international ventures, and made new
investments as a platform for continued
growth.
Ayala posted a consolidated net income of
P10.6 billion in 2012. The 13% growth over
2011 reflects the robust performance of the
Ayala group of companies and reinforces
Ayalas aggressive growth agenda.
The Ayala group spent P149 billion in
capital expenditures, reflecting a 127%
annual increase over figures in 2011, and
is the highest capex on record. The group
took advantage of the opportunity to invest
aggressively in areas that are high value
and strategic over the long term. Majority
of its investments supported growth in its
real estate, telecommunications, and water
and wastewater businesses. At the holding
company level, Ayala continued to fine tune its
portfolio to maximize profit and actively pursue
value-creation opportunities.
Investments grew to P108.6 billion, in line
with initiatives in the power sector and the
increased stake in BPI from 33% to 44%. Ayala
16
2012
8
18
2 012 S U S TA I N A B I L I T Y R E P O R T
LISTENING
AND
ENGAGING
Stakeholder Engagement
Ayala conducts regular engagements to
understand and address stakeholders' needs
and expectations. Insights gained from these
engagements shape the development and
provision of better products and services,
strengthen business strategy, enhance market
position, and improve performance.
In line with international best practices,
we commissioned a third-party, nonprofit
organization, Philippine Business for the
Environment (PBE), to perform a formal
stakeholder engagement on sustainability
issues. We used one-on-one interviews and
focus group discussions. We aim to continue
Materiality Assessment
19
20
2 012 S U S TA I N A B I L I T Y R E P O R T
21
Stakeholder Engagement
Sustainability
Priorities
Stakeholder Group
Interest Areas
Develop products for the bottom of the pyramid
Serve as a model of an environmentally responsible business,
CUSTOMERS
GOVERNMENT
EMPLOYEES
Job security
Professional advancement
Compliance with local and
BENEFACTORS
LOCAL
COMMUNITIES
JOINT VENTURE
PARTNERS
Educational programs
Social impact measurement
More environmental programs
Compliance with local and
national laws, standards, and
regulations
leadership development
programs
Poverty alleviation
partner communities
Explore creative and innovative ways to help the small producers
22
2 012 S U S TA I N A B I L I T Y R E P O R T
A
CORPORATE
GOVERNANCE
C O R P O R AT E G O V E R N A N C E
Board of Directors
The Board of Directors serves a vital role in
corporate leadership and in establishing and
maintaining high standards of governance
for Ayala. They hold a position of trust and
represent the best interests of the company,
our shareholders, and other stakeholders.
23
24
2 012 S U S TA I N A B I L I T Y R E P O R T
Filipino, 53, director of Ayala Corporation since May 1987. He has been
the Chairman and CEO of Ayala Corporation since April 2006, and also
holds the following positions: Chairman of Globe Telecom, Inc., Bank of the
Philippine Islands, and Integrated Micro-Electronics, Inc.; Co-Chairman of
Ayala Foundation, Inc.; Vice Chairman of Ayala Land, Inc. and Manila Water
Company, Inc.; Co-Vice Chairman of Mermac, Inc.; Director of Alabang
Commercial Corporation, Ayala International Pte Ltd., and AC Energy Holdings,
Inc.; Chairman of Harvard Business School Asia-Pacific Advisory Board, and
Childrens Hour Philippines, Inc.; Vice Chairman of the Asia Business Council,
Makati Business Club, and Asia Society Philippine Foundation, Inc.; Member
of The Asia Society, Eisenhower Fellowships, Harvard University Asia Advisory
Committee, Harvard Business School Social Enterprises Initiative Advisory
Board, Harvard Global Advisory Council, Mitsubishi Corporation International
Advisory Committee, JP Morgan International Council, International Business
Council of the World Economic Forum, Asia Pacific Basin Economic Council,
Philippine Economic Society, World Wide Fund for Nature Philippine Advisory
Council, Pacific Basin Economic Council, and Toshiba International Advisory
Group; and Philippine Representative for APEC Business Advisory Council.
Filipino, 52, director of Ayala Corporation since May 1994. He has been the
President and Chief Operating Officer of Ayala Corporation since April 2006.
He is also: Chairman of Ayala Land, Inc., Manila Water Company, Inc., AC
International Finance Ltd., Ayala International Pte Ltd., Ayala DBS Holdings,
Inc., Alabang Commercial Corporation, AC Energy Holdings, Inc., and Hero
Foundation, Inc.; Co-Chairman of Ayala Foundation, Inc.; Co-Vice Chairman
of Mermac, Inc.; Director of Bank of The Philippine Islands, Globe Telecom,
Inc., Integrated Micro-Electronics, Inc., LiveIt Investments, Ltd., Asiacom
Philippines, Inc., AG Holdings Limited, Ayala International Holdings Limited,
AI North America, Inc., Vesta Property Holdings Inc., Honda Cars Philippines,
Inc., Isuzu Philippines Corporation, Pilipinas Shell Petroleum Corp., and Manila
Peninsula; Member of The Asia Society, World Economic Forum, INSEAD East
Asia Council, and World Presidents Organization; Chairman of Habitat for
Humanitys Asia-Pacific Capital; Campaign Steering Committee; Vice Chairman
of Habitat for Humanity International; and Member of the Board of Trustees
of Caritas Manila, Pilipinas Shell Foundation, Kapit Bisig para sa Ilog Pasig
Advisory Board, and National Museum.
YOSHIO AMANO
DELFIN L. LAZARO
Japanese, 55, director of Ayala Corporation since April 2012. He is the General
Manager of Mitsubishi Corporation-Manila Branch; Chairman of International
Elevator & Equipment Inc., and MCPL (Philippines) Inc.; Director of Isuzu
Philippines Corporation, Imasen Philippines Manufacturing Corp., Kepco Ilijan
Corporation, UniCharm Philippines Inc., Trans World Agro-Products Corp.,
Philippine Resins Industries, Inc., PhilNewEnergy, Inc., Philippine Integrated
Energy, Inc., Japanese Chamber of Commerce & Industry of the Philippines
(JCCIPI), The Japanese Association Manila Inc., and Manila Japanese School.
Filipino, 66, has served as member of the Board of Ayala Corporation since
January 2007. He also holds the following positions: Chairman of Philwater
Holdings Company, Inc., Atlas Fertilizer & Chemicals, Inc., and AYC Holdings,
Inc.; Chairman and President of Purefoods International Ltd., and A.C.S.T.
Business Holdings Inc.; Director of Ayala Land, Inc., Globe Telecom, Inc.,
Integrated Micro-Electronics, Inc., Manila Water Company, Inc., Ayala DBS
Holdings, Inc., AC Energy Holdings, Inc., Ayala International Holdings,
Ltd., Bestfull Holdings Limited, AG Holdings, AI North America, Inc., Probe
Productions, Inc., and Empire Insurance Company.
XAVIER P. LOINAZ
PERSONNEL AND
COMPENSATION
NOMINATION
FINANCE
CHAIRMAN
MEMBER
MEMBER
MEMBER
MEMBER
Yoshio Amano
MEMBER
EXECUTIVE
MEMBER
CHAIRMAN
Delfin L. Lazaro
MEMBER
CHAIRMAN
MEMBER
MEMBER
CHAIRMAN
Xavier P. Loinaz
CHAIRMAN
Antonio U. Periquet
MEMBER
MEMBER
C O R P O R AT E G O V E R N A N C E
Board Committees
The Board has established committees to
provide support in the performance of its
function and to aid in good governance. While
we do not have specific committees on the
environment and society, all Board members
are actively engaged in the identification and
management of triple bottom line impacts
given the alignment of the companys strategic
objectives to national development goals.
Executive Committee Chaired by Jaime
Augusto Zobel de Ayala, the Executive
Committee supports the Board of Directors
in the review and approval of resolutions that
drive business strategy and operations of the
company.
In accordance with the authority granted
by the Board, or during the absence of the
Board, the committee acts by majority vote
of all its members on specific matters within
the competence of the Board of Directors as
may from time to time be delegated to the
Executive Committee in accordance with the
corporations By-Laws, except with respect to:
i. approval of any action for which shareholders
approval is also required;
ii. the filling of vacancies on the Board or in the
Executive Committee;
iii. the amendment or repeal of By-Laws or the
adoption of new By-Laws;
iv. the amendment or repeal of any resolution of the
Board of Directors which by its express terms is
not so amendable or repealable;
v. the distribution of cash dividends; and
vi. the exercise of powers delegated by the Board
exclusively to other committees, if any.
25
26
2 012 S U S TA I N A B I L I T Y R E P O R T
Board Meetings
Management
Management is accountable to the Board of
Directors for the effective overall management
and all operations of the company.
Jaime Augusto Zobel de Ayala currently serves
as Chairman and Chief Executive Officer (CEO)
of the parent company. Fernando Zobel de
Ayala is the President and Chief Operating
Officer (COO). He also serves as Vice Chairman
of the Board. The roles of Chairman and CEO
and President and COO are complementary
and help ensure greater accountability and
balance of power. Both the Chairman/CEO and
the President/COO are executive directors
of the Company, and are members of the
Management Committee as well. Among the
checks and balances laid down to ensure that
the Board gets the benefit of independent
C O R P O R AT E G O V E R N A N C E
27
The Management
Committee monitors
business performance not
only on economic but also
social and environmental
sustainability.
Independent directors
XavierP.Loinaz and
RamonR.del Rosario, Jr. form
part of the Audit and Risk
Committee
28
2 012 S U S TA I N A B I L I T Y R E P O R T
Managing Risks
Risk is inherent in our business; thus, the
effective management of risk is vital to the
strategic and sustained growth of the company
and the Ayala group.
The group adopts a formal risk management
process as an essential element of sound
corporate governance and an integral part of
good management practice. It is designed
primarily to have a structured and disciplined
approach of aligning strategy, processes,
people, technology, and knowledge with the
purpose of evaluating and managing the
uncertainties the conglomerate faces as it
creates value for all stakeholders. (4.11)
Institutionalized in 2002, the Companys
integrated Enterprise Risk Management (ERM)
framework is primarily designed to be a key
enabler to the strategic and sustained growth
of the company and the Ayala group, and
to support the vision of conglomerate-wide
practice of risk management. ERM policies
C O R P O R AT E G O V E R N A N C E
29
30
2 012 S U S TA I N A B I L I T Y R E P O R T
C O R P O R AT E G O V E R N A N C E
31
Strategic
OBJECTIVE
Operational
Governance
and Internal
Controls
Risk management is a
fundamental element
of effective corporate
governance and an integral
part of sound management
practice in Ayala.
Business planning
and budgeting
Monitoring of actual
results versus objectives
Identified key risk indicators
and metrics to measure
the effectiveness of the
risk mitigation strategies
Investment in processes
and technologies to
support the requirements
of new businesses
Rigorous portfolio
analytics and reviews
including resource
allocation and strategy
Portfolio and strategic
initiatives visibility and
discussions at various
governance committees
Development of formal
policies and processes
Regular review of
financial and operations
metrics and reporting
to senior management,
and management and
Board committees
Monthly and annual
portfolio analysis/review
Regular review and update of
policies to remain relevant
32
2 012 S U S TA I N A B I L I T Y R E P O R T
34
2 012 S U S TA I N A B I L I T Y R E P O R T
ONE COMMUNITY
Inclusivity is a priority at
Ayala. Beyond philanthropy,
we support innovative and
strategic projects to uplift
the life of the community.
drinking water and sanitation services are basic
human rights. Thus, its business model integrates
the needs of the marginalized communities within
its concession area.
Ayala Lands BellaVita brand launched its Cavite
and Laguna projects in late 2012, catering to lowincome communities, specifically minimum-wage
earners. The company offers payment schemes to
address the financial realities of the mass market
so that quality housing is within their reach. The
BellaVita project includes an open-air retail space
called Fiesta Market to stimulate local enterprise
and formalize the retail activities of small informal
entrepreneurs.
35
36
2 012 S U S TA I N A B I L I T Y R E P O R T
Community partners
are given access
to market for their
products
ONE COMMUNITY
37
Community
cooperatives are
empowered to
become part of the
supply chain of Ayala
companies
38
2 012 S U S TA I N A B I L I T Y R E P O R T
LiveIts Professional
Employment
Program prepares
college students for
employability and
helps improve the
countrys talent pool
ONE COMMUNITY
39
The multimedia
exhibit Conectados
brings art to public
spaces
40
2 012 S U S TA I N A B I L I T Y R E P O R T
Filipinas Heritage
Library provides
access to a broad
range of Filipiniana
ONE COMMUNITY
41
42
2 012 S U S TA I N A B I L I T Y R E P O R T
44
2 012 S U S TA I N A B I L I T Y R E P O R T
Ayala Olympics
encourages
camaraderie and
sportsmanship
among peers in the
conglomerate
ONE TEAM
45
Chief executives of
Ayala companies
meet annually with
the groups HR
professionals to
discuss emerging
issues and trends
46
2 012 S U S TA I N A B I L I T Y R E P O R T
Ayala
Ayala Land
BPI
Manila
Water
Globe
Ayala Auto
LiveIt
IMI
Ayala
Foundation
Total
Luzon
89
1,355
10,939
4,857
1,278
903
11,151
4,520
104
35,196
Visayas
110
890
668
330
3,887
5,887
Mindanao
28
577
347
37
993
89
1,493
12,406
5,872
1,278
1,270
15,038
4,520
110
42,076
Total
Ayala
Senior Management
Middle Management
Rank and File
Total
Ayala Land
Globe
Manila
Water
365
95
Ayala Auto
50
171
46
374
4,437
2,911
940
78
39
1,069
7,798
2,596
243
1,158
89
1,493
12,406
5,872
1,278
1,270
15,038
34
LiveIt
46
IMI
Ayala
Foundation
Total
104
877
1,264
387
23
10,460
13,728
4,029
79
30,739
4,520
110
42,076
ONE TEAM
47
48
2 012 S U S TA I N A B I L I T Y R E P O R T
2011
Ayala
Ayala Land
2012
104
78
144
99
BPI
447
753
440
812
Globe
331
331
302
268
Manila Water
61
34
461
86
202
126
156
134
Liveit
191
453
1,795
6,157
IMI
100
671
125
819
Ayala Auto
Ayala Foundation
TOTAL
14
1,441
2,467
3,431
8,388
2011
< 30
2012
30-50
50 <
< 30
30-50
50 <
91
91
112
124
BPI
723
304
173
709
347
196
Globe
273
377
12
225
330
15
54
21
20
57
204
286
Ayala Auto
189
137
182
106
LiveIt
435
193
16
7,232
712
IMI
421
347
437
504
13
2,188
1,485
235
8,960
2,336
523
Ayala Land
Manila Water
Ayala Foundation
Total
ONE TEAM
Visayas
Mindanao
14
230
13
1,135
67
50
Globe
516
33
21
Manila Water
547
Ayala Auto
LiveIt
IMI
Ayala Foundation
TOTAL
209
68
13
6,199
1,753
944
9,798
1,936
85
Total Percentage Of Employees Who Have Undergone Formal Performance Or Development Reviews (LA12)
Company
2011
2012
Ayala
100%
100%
Ayala Land
100%
100%
BPI
67%
53%
Globe
94%
92%
Manila Water
75%
75%
Ayala Auto
100%
100%
LiveIt
100%
100%
IMI
100%
100%
Ayala Foundation
100%
100%
49
50
2 012 S U S TA I N A B I L I T Y R E P O R T
ONE TEAM
Ayala 1
Middle Mgt
Senior Mgt
Middle Mgt
Senior Mgt
Total Hours
Average Hours
Female
8.13
24.70
13.12
12.92
15.98
4.95
1,343.00
12.67
13.38
11.96
Ayala Land
24.00
27.00
34.00
24.95
20.84
9.92
35,080.16
23.56
23.99
23.13
BPI
65.00
91.00
226.00
46.36
51.74
55.30
600,552.00
48.42
47.76
48.81
Globe
27.00
43.00
23.00
106.50
37.60
4.40
387,524.80
66.00
69.89
62.15
1.02
11.42
22.35
10.91
50.34
25.45
38,958.50
44.37
58.88
29.86
21.00
16.00
24.00
27.40
20.30
20.00
33,917.80
26.81
31.00
19.30
409.08
229.70
588.46
6.63
2.01
11.24
Manila Water
Ayala Auto
LiveIt
IMI
1
51
137.38
18.25
14.00 1,909,596.00
6.00
13.00
10.00
4.87
22.21
11.43
29,948.00
% Female
% Under 30
% 30 to 50
% Over 50
Board of Directors
100
100
Management Committee
93
93
Ayala has 7 members on its Board of Directors, and 14 members in the Group Management Committee
Globe employees
are briefed on the
protection of Taal
Lake
52
2 012 S U S TA I N A B I L I T Y R E P O R T
54
2 012 S U S TA I N A B I L I T Y R E P O R T
Anvaya Cove
provides a sanctuary
for the olive ridley
turtle, locally known
as the pawikan
ONE PLANET
55
56
2 012 S U S TA I N A B I L I T Y R E P O R T
Ayala
Ayala Land
BPI
Globe
Manila Water
Ayala Auto
IMI
Total
2012
209.86
139,296.16
7,478.25
57,300.00
12,642.29
5,489.80
5,909.08
228,325.44
2011
54.06
132,986.79
4,231.07
56,900.00
64,150.81
6,469.14
1,081.19
265,873.06
Pertains to non-renewable primary sources; there were none for renewable primary sources
Direct Energy Consumption (Gigajoules) Per Earnings (Billion Peso EBIT)
Year
Group EBIT
(billion pesos)
Total/EBIT
(gigajoules per billion pesos)
2012
228,325.44
23.20
9,841.61
2011
265,873.07
19.70
13,496.10
BPI
Globe
Manila Water
Ayala Auto
IMI
Ayala
Foundation
Year
Ayala
2012
0.386
434.90
62.37
316.67
92.81
4.37
40.71
1.93
954.146
2011
0.340
149.74
53.42
302.77
80.30
4.50
42.76
2.00
635.830
Total
Group EBIT
(billion pesos)
Total/EBIT
(million KWH per billion pesos)
2012
954.15
23.20
41.13
2011
635.83
19.70
32.28
ONE PLANET
57
Endemic plants
flourish in Cebus
Kan-irag Nature Park
58
2 012 S U S TA I N A B I L I T Y R E P O R T
Water abstraction by source from Manila Water is 419.69 (raw water) and 3.34 (ground water) in billion liters
GHG Emissions CO2 Equivalent (Tons) (EN16)
Year
Ayala
Ayala Land
BPI
Globe
Manila Water
Ayala Auto
IMI
Total
2012
247.42
246,632.88
28,080.50
172,185.00
57,307.00
2,978.12
20,155.06
527,585.98
2011
198.00
84,321.00
27,675.00
136,502.00
56,776.00
3,130.10
14,758.00
323,360.10
Enriching Biodiversity
Aligned with our environmental commitments,
we make sure to maintain and enhance the
biodiversity of the areas where we operate. (DMAEN, EN11, EN12, EN13, EN14, EN15)
ONE PLANET
Includes Scope 1 & 2 emissions. Data also includes Scope 3 emissions when available.
Production Of Waste (Tons) (EN22)
Year
Ayala Land
BPI
GLO
Ayala Auto
IMI
Total
Percentage sent
to landfill
2012
32,783.91
215.67
111.79
181.88
1,206.50
34,499.74
41
2011
24,617.00
296.00
114.31
9.61
561.90
25,598.42
41
Manila Waters wastes are reported in cubic meters as biosolids. For 2012, they reported 18,243 cubic meters.
59
60
2 012 S U S TA I N A B I L I T Y R E P O R T
Members of
Barangay Luzs
garbage collection
team are trained
on the proper
management of
hazardous waste
ONE PLANET
61
Manila Water
officers and project
partners ride boats
in the Pasig River
to raise public
awareness of and
participation in the
river revival program
62
2 012 S U S TA I N A B I L I T Y R E P O R T
ANTONINO T. AQUINO
LEADING BY
BEING BETTER
63
64
2 012 S U S TA I N A B I L I T Y R E P O R T
LOOKING
FORWARD
SECTION TITLE
65
66
2 012 S U S TA I N A B I L I T Y R E P O R T
DESCRIP TION
LE VEL OF
REPORTING
FULLY
1.2
FULLY
2. ORGANIZATIONAL PROFILE
2.1
FULLY
ABOUT AYALA, p. 6
ABOUT AYALA, p. 6-7
2.2
FULLY
2.3
FULLY
2.4
FULLY
2.5
FULLY
2.6
FULLY
ABOUT AYALA, p.
Ayalas Ownership Structure, p. 7
ABOUT AYALA, p. 6-7
CONTACT DETAILS, p. 83
ABOUT AYALA, p. 7
Ayalas Ownership Structure, p. 7
AC AR, p. 52
2.7
FULLY
2.8
FULLY
2.9
FULLY
FULLY
2.10
Financial Highlights, p. 17
The report includes 9 major subsidiaries
and sub-subsidiaries as indicated in
Reporting Scope and Boundaries, p. 5.
JOINT MESSAGE FROM THE CHAIRMAN
AND THE PRESIDENT, p. 8-9
AC AR, p. 18-25, 47
Awards and Recognitions of Ayala, p. 7
AC AR, p. 55
G R I G 3 .1 C O N T E N T I N D E X
67
DESCRIP TION
LE VEL OF
REPORTING
3. REPORT PARAMETERS
3.1
FULLY
3.2
FULLY
3.3
FULLY
3.4
FULLY
Reporting Feedback, p. 5
3.5
FULLY
3.6
FULLY
3.7
FULLY
3.8
FULLY
3.9
FULLY
3.10
FULLY
3.11
FULLY
3.12
FULLY
3.13
FULLY
FULLY
4.2
FULLY
4.3
4.1
FULLY
AC AR, p. 49
There are three independent directors,
all of whom are male.
68
2 012 S U S TA I N A B I L I T Y R E P O R T
DESCRIP TION
LE VEL OF
REPORTING
FULLY
4.5
PARTIALLY
4.6
FULLY
4.7
FULLY
4.8
FULLY
4.9
FULLY
4.4
4.10
PARTIALLY
4.11
Management, p. 26-27
FULLY
4.12
FULLY
FULLY
4.14
FULLY
4.15
FULLY
4.16
FULLY
4.13
G R I G 3 .1 C O N T E N T I N D E X
69
4.17
DESCRIP TION
LE VEL OF
REPORTING
FULLY
DMA EC
Aspects
DMA EN
Aspects
DMA LA
Aspects
DESCRIP TION
LE VEL OF
REPORTING
FULLY
Market presence
FULLY
FULLY
FULLY
Energy
FULLY
Water
FULLY
ONE PLANET, p. 54
Biodiversity
FULLY
FULLY
FULLY
Compliance
FULLY
Overall
FULLY
FULLY
Labor/management relations
FULLY
Stakeholder Engagement, p. 21
FULLY
FULLY
FULLY
FULLY
DMA HR
Aspects
FULLY
Non-discrimination
FULLY
FULLY
Child labor
FULLY
FULLY
Security practices
FULLY
Indigenous rights
FULLY
Assessment
FULLY
Remediation
FULLY
70
2 012 S U S TA I N A B I L I T Y R E P O R T
DMA SO
Aspects
DMA PR
Aspects
DESCRIP TION
LE VEL OF
REPORTING
FULLY
Corruption
FULLY
Anti-competitive behavior
FULLY
Compliance
FULLY
FULLY
FULLY
Marketing communications
FULLY
Customer privacy
FULLY
Compliance
FULLY
DESCRIP TION
LE VEL OF
REPORTING
ECONOMIC
ECONOMIC PERFORMANCE
EC1
EC2
PARTIALLY
PARTIALLY
Financial Highlights, p. 17
AC AR, p. 8-9, 26, 28, 30, 32, 34, 36,
38
Managing Risks, p. 28-30
Rising to the Challenge of Climate
Change, p. 59-60
General Standard Employee Benefits,
p. 50
EC3
EC4
PARTIALLY
FULLY
MARKET PRESENCE
ONE TEAM, p. 44
EC5
PARTIALLY
EC6
PARTIALLY
G R I G 3 .1 C O N T E N T I N D E X
71
DESCRIP TION
LE VEL OF
REPORTING
ONE COMMUNITY, p. 34
EC7
PARTIALLY
AC AR, p. 57-60
All members of the Board and senior
management team are Filipinos, with the
exception of one member of the Board
who is of Japanese nationality.
EC8
EC9
FULLY
FULLY
ENVIRONMENTAL
MATERIALS
Environmental Stewardship Within Our
Operations, p. 54-56
EN1
PARTIALLY
ENERGY
EN3
PARTIALLY
EN4
PARTIALLY
EN5
FULLY
EN6
PARTIALLY
EN7
FULLY
WATER
Water Consumption (million cu. meters),
p. 58.
EN8
FULLY
72
2 012 S U S TA I N A B I L I T Y R E P O R T
DESCRIP TION
LE VEL OF
REPORTING
EN9
PARTIALLY
BIODIVERSITY
EN11
PARTIALLY
EN12
PARTIALLY
EN13
PARTIALLY
EN14
PARTIALLY
EN15
PARTIALLY
FULLY
EN17
PARTIALLY
BPI IASR, p. 77
Cebu Holdings IASR, p. 93
Globe IASR, p. 103
Scope 3 emissions have been reported
where this data is available.
Environmental Stewardship Within Our
Operations, p. 54-56
EN18
FULLY
EN21
PARTIALLY
G R I G 3 .1 C O N T E N T I N D E X
73
DESCRIP TION
LE VEL OF
REPORTING
EN22
PARTIALLY
EN24
EN25
PARTIALLY
PARTIALLY
EN26
EN27
FULLY
PARTIALLY
FULLY
COMPLIANCE
EN28
OVERALL
Environmental Stewardship Within Our
Operations, p. 54-56
EN30
PARTIALLY
74
2 012 S U S TA I N A B I L I T Y R E P O R T
DESCRIP TION
LE VEL OF
REPORTING
LA1
PARTIALLY
Workforce by Gender, p. 46
Workforce by Region, p. 46
Workforce by Employment Type, p. 46
LA2
LA3
PARTIALLY
FULLY
LA15
PARTIALLY
LABOR/MANAGEMENT RELATIONS
LA4
FULLY
LA6
PARTIALLY
LA7
PARTIALLY
G R I G 3 .1 C O N T E N T I N D E X
75
DESCRIP TION
LE VEL OF
REPORTING
LA8
PARTIALLY
LA10
FULLY
LA11
PARTIALLY
LA12
FULLY
LA13
FULLY
ONE TEAM, p. 44
FULLY
76
2 012 S U S TA I N A B I L I T Y R E P O R T
DESCRIP TION
LE VEL OF
REPORTING
FULLY
FULLY
FULLY
FULLY
HR5
CHILD LABOR
HR6
HR7
SECURITY PRACTICES
Prioritizing Health and Safety, p. 47
HR8
PARTIALLY
INDIGENOUS RIGHTS
HR9
FULLY
ASSESSMENT
Please refer to 4.8
HR10
PARTIALLY
FULLY
REMEDIATION
HR11
G R I G 3 .1 C O N T E N T I N D E X
77
DESCRIP TION
LE VEL OF
REPORTING
SO1
FULLY
SO9
FULLY
SO10
SOCIAL: SOCIETY
LOCAL COMMUNITIES
ONE COMMUNITY, p. 34
Making Business Inclusive, p. 34-35
Facilitating Prosperity for All, p. 35-37
Investing in the Future, p. 37-38
Building the Countrys Talent Pipeline,
p. 38-39
FULLY
CORRUPTION
SO2
PARTIALLY
SO3
PARTIALLY
SO4
FULLY
FULLY
FULLY
ANTI-COMPETITIVE BEHAVIOR
SO7
COMPLIANCE
SO8
PR1
PARTIALLY
PR2
PARTIALLY
78
2 012 S U S TA I N A B I L I T Y R E P O R T
DESCRIP TION
LE VEL OF
REPORTING
PR3
PARTIALLY
PR4
FULLY
PR5
FULLY
MARKETING COMMUNICATIONS
Connecting with Customers, p. 40-41
PR6
PARTIALLY
PR7
FULLY
CUSTOMER PRIVACY
Connecting with Customers, p. 40-41
PR8
FULLY
COMPLIANCE
Monetary value of significant fines for non-compliance with laws
and regulations concerning the provision and use of products
and services.
PR9
FULLY
For cross references to subsidiaries, we refer to the 2012 Integrated Annual & Sustainability Report (IASR) or Sustainability Report (SR) of the particular subsidiary.
Fully reported
33
Partially reported
38
TOTAL
71
EXTERNAL ASSURANCE
External Assurance
79
80
2 012 S U S TA I N A B I L I T Y R E P O R T
External Assurance
G R I A P P L I C AT I O N L E V E L C H E C K S TAT E M E N T
81
82
2 012 S U S TA I N A B I L I T Y R E P O R T
ACKNOWLEDGEMENT
Project Managers
Consultants
Drink Communications
Philippine Business for the Environment
SusDev Global Ltd.
Editorial Team
Corporate Communications
Corporate Strategy and Development
Florendo Maranan
Diane Faith Figueroa
Catherine Hufana-Ang
Emily de Lara
Guillermo Luz
Norma Torres
Ronald Goseco
Princess Marie Tayag
Photographs used in this report were submitted by the Ayala Sustainability Council
I TI L E
A C K N O W L E D G E M E N T A N D C O NSTEACCTTI ODNE T A
S
CONTACT DETAILS
Our key sustainability officers are:
Catherine Hufana-Ang
Ayala Corporation
Corporate Strategy
34F Tower One, Ayala Triangle
Ayala Avenue, Makati City
(632) 908 3000
www.ayala.com.ph
Sustainability Office
16F BPI Building, 6768 Ayala Avenue
corner Paseo de Roxas, Makati City
(632) 845 5718
www.bpiexpressonline.com
83
84
2 012 S U S TA I N A B I L I T Y R E P O R T
SECTION TITLE
The Ayala Corporation 2012 Sustainability Report is printed on Cocoon; 250 gsm for the cover
and 90 gsm for the inside pages.
Cocoon is an innovative range of extra white certified FSC 100% recycled papers, and is produced 100%
ecologically using advanced technology giving it the appearance and printing qualities of a paper made
from virgin fiber, but with far superior environmental credentials.
ArjoWiggins, the maker of Cocoon, is certified FSC compliant, using only wood pulps from well-managed
forests to reduce impact on the environment.
85
AYALA CORPORATION
34F Tower One, Ayala Triangle,
Ayala Avenue, Makati City
1226 Philippines
www.ayala.com.ph