Ayala Land bests global competition, tops 2021 International Business Awards
ALI was the overall winner this year, taking home 36 Stevie Awards in total, 11 of which were Gold, 6 Silvers and 19 Bronzes.
More than 3,700 nominations were submitted this year by organizations of various sizes and industries, and coming from 63 nations and territories around the world. Stevie Award winners were determined by the average scores of more than 260 executives worldwide who participated in the judging process from June through early August.
“Most especially in these difficult times, when all sectors of society are enduring the challenges of the global pandemic, we continue to strive for excellence within our organization in order to serve our stakeholders and the communities in the best and most effective way possible. It is our goal to drive recovery by intensifying our community engagement efforts.” - Manny A. Blas, ALI Vice President.
Among Ayala Land’s Gold Stevie Award winning programs was its ‘Zero Waste’ Circular Waste Management Program. This unique circular economy model established a process in which waste materials such as plastics were given alternative destinations for recycling and reprocessing.
ALI’s pioneering Real Estate Investment Trust (REIT) in the Philippines, AREIT Inc., also won a Gold Stevie as Real Estate Company of the Year. Its landmark Initial Public Offering in 2020 was designed to make the Philippine property market more inclusive and accessible to Filipino investors through a best-in-class REIT.
Makati Development Corporation, the construction arm of Ayala Land, was another Gold Stevie awardee as Materials and Construction Company of the Year. It has been cited for its contributions to the creation of local employment, as well as for the various process improvements and technological innovations it has implemented company-wide. Key subsidiaries AyalaLand Logistics Holdings Corp. and Ayala Land Offices Inc. also won Gold Stevies for industry contributions and organization achievements.
The rest of Ayala Land’s awards are driven by employee, community and nation building initiatives.
“What we’ve seen in this year’s IBA nominations is that organizations around the world, in every sector, have continued to innovate and succeed, despite the setbacks, obstacles and tragedies of the ongoing COVID-19 pandemic,” said Stevie Awards president Maggie Gallagher. “All of this year’s Stevie Award winners are to be applauded for their persistence and their resilience. We look forward to celebrating their achievements with them during our 8 December virtual awards ceremony.”