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Zobel: Sustainability to bridge societal gaps

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By James A. Loyola

Ayala Corporation believes that building sustainability into business strategies, goals and practices would enable companies to grow responsibly while safeguarding their relevance to stakeholders.

Ayala Chairman & CEO Jaime Augusto Zobel de Ayala (Bloomberg)

Ayala Chairman & CEO Jaime Augusto Zobel de Ayala (Bloomberg)

During the United Nations Global Compact Network Philippines’ (UN GCNP) summit, Ayala Chairman & CEO Jaime Augusto Zobel de Ayala placed a special emphasis on integrating sustainability in business strategies because at Ayala, “sustainability is key to bridging persistent societal gaps that have excluded many Filipinos.”

In April 2019, it furthered this integration by launching the Ayala Sustainability Blueprint, a framework that allows each business unit to champion specific United Nations Sustainable Development Goals (UNSDGs) and make significant impact in sectors that would benefit the most.

Ultimately, it aims to bridge the Filipino to 2030, where Ayala sees him rooted in a safe, secure, sustainable, inclusive, and progressive country. Ayala, a founding member of the GCNP in 2017, first formally aligned its businesses with the UNSDGs in 2016.

“We designed a long-term Sustainability Blueprint that lays out actionable and measurable targets that address critical environmental, social, and governance gaps that the country faces today,” said Zobel.

He explained that, “it is specifically designed to support the achievement of the UNSDGs by 2030 that will enable us to be more deliberate in monitoring and evaluating our sustainability targets and allocate resources to these initiatives more appropriately.”

In 2017, Zobel was named a UNSDG Pioneer for Sustainable Business Strategy and Operations.

Since UN GCNP’s formation in 2016, its board composed of founding members Ayala Corporation, Philippine Marketing Association, Landbank of the Philippines, Manila Doctors Hospital, Pilipinas Shell Petroleum Corporation together with board members Nestle Philippines and International Care Ministries, an NGO who has recently joined, has tirelessly pursued a number of firsts in jumpstarting the Sustainability agenda in the corporate world.

It has launched the very first Sustainability Summit in November 2017 to raise awareness on the challenges of building sustainable businesses in the country.

Today, its founding members jointly call on other private entities to strongly adapt the SDGs in their businesses to help scale faster its global achievement by 2030.

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