Aboitiz Equity Ventures, the public holding company of the Aboitiz Group, was recently hailed as one of the best companies to work for in Asia, having been conferred the HR Asia Best Companies to Work for in Asia 2021 by Business Media International. The award recognizes companies with the best human resources (HR) practices, and which demonstrate high levels of employee engagement and excellent workplace cultures.
Nominees for the HR Asia Best Companies to Work for in Asia Awards are evaluated by their employees alongside an assessment made by the Business Media International on the company’s HR practices. This high-profile award attracts applications from powerful companies around the world, including Fortune 500 companies.
Winning the award is a testament to the Aboitiz Group’s continued dedication to empower and engage its team members who have always been considered as the backbone of the Group’s success. Aboitiz Group President and Chief Executive Officer Sabin M. Aboitiz highlighted the win as one for the whole Group. “Being recognized in this way says much about the fulfillment of our team members here in Aboitiz—and as our most valuable asset, ensuring the wellbeing and sense of purpose in life of our team members is critical for us to remain united as One Aboitiz, sharing the same goals, values, and principles. It is the glue that keeps us together, and it is what drives us forward in the diverse and inclusive way we advance business and communities—a true demonstration of Remix and how it works,” Aboitiz said.
The Aboitiz Group’s Remix program is its approach to ensuring the company can adapt and thrive in the new multi-generational workforce. Through employee-led initiatives, open discussions, and enthusiastic leadership of the Group President and CEO, the Remix program has produced changes like flexible working schedules, tailored-to-the-employee benefits (“flexible benefits”), the inclusion of LGBTQ+ or common-law partners for medical benefits, a reverse mentoring program (where junior team members share their skills and expertise with senior management), among others.
Susan V. Valdez, Chief Human Resources Officer and Chief Corporate Services Officer for Aboitiz Equity Ventures, Inc. (AEV), highlighted the importance of the Group’s employee-centric Remix program in its success. “The HR Asia Best Companies to Work for in Asia award is clear proof that making the workplace a more accessible, diverse, and nurturing environment—all achieved through the Remix initiatives—is not only possible, but essential to keep team members motivated and engaged, which in turn is the key to thriving in the new and better normal we are trying to build today,” she said.
Aside from the HR Asia Award, the Aboitiz Group was also conferred the Universum Award recognizing Aboitiz Group as one of the Top 100 Most Attractive Employers for Students and the HRD Awards Asia for Innovative HR Teams. The Group is also a LinkedIn Talent Awards Finalist for Best Culture of Learning and Best Employer Brand. In September, the Group won the Gold Stevie® for Employer of the Year in the Conglomerates category and a Silver Stevie® for Achievement in Employee Engagement. The Group was also lauded as one of only three Philippine companies that made it in the list of Forbes World’s Best Employers 2021; and most recently, the Group also bagged the prestigious Agora Award for Outstanding Achievement in Advocacy Marketing in support of the United Nations Global Compact.
Aboitiz emphasized the key role of the team members in building a successful, collective future. “As Aboitiz celebrates 100 years as a company, these accolades serve as a reminder of what we have accomplished and what we must continue to preserve and nourish for the next 100 years, as we transform into increasingly better versions of ourselves, our families, and our communities, in life and work alike,” he said.
About Aboitiz Equity Ventures
Aboitiz Equity Ventures, Inc. (AEV) is the public holding company of the Aboitiz Group with major investments in power, banking and financial services, food, infrastructure, and land. Today, AEV is recognized as one of the best-managed companies in the Philippines and in the region, consistently cited for its commitment to good corporate governance and corporate social responsibility. With five generations of Aboitiz Group business success behind it, AEV continues to drive change for a better world by advancing business and communities.
To date, the Aboitiz Group’s total contribution to the national COVID-19 response effort has reached over P2.2 billion (excluding various payments waived, reduced, extended, or restructured to help customers cope with the impact of COVID-19), underscoring the group’s sustained campaign to help address the urgent needs of frontliners and affected communities nationwide.