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About Our Report

Ayala Corporation as holding company published a corporate social responsibility report in 2007, basing it on the Global Reporting Initiative G3 Framework to ramp up efforts toward a full-fledged sustainability report. It published its first conglomerate sustainability report in 2009. That year, subsidiaries’ reports increased from two to five, with Globe Telecom, Bank of the Philippine Islands, and Cebu Holdings joining Manila Water and Ayala Land. Ayala Corporation made a commitment to report on the group’s sustainability initiatives every two years.

This, the second conglomerate report, covers the 2009 and 2010 performance of the group, containing the sustainability reports of eight units, including Integrated Micro-Electronics Inc., Ayala Automotive Holdings Corp., and Ayala Foundation Inc. Performance data of Ayala’s business process outsourcing company LiveIt is not included yet, because of changes to its structure and ownership in 2010. The aim is to include more subsidiaries and affiliates in future reports.

This report was prepared in accordance with the GRI framework and is a self- declared B-level report registered under the name of Ayala Corporation. The performance indicators, which increased to 30 from 11 in the previous report, provide a quick view of the Ayala group’s economic performance and impacts, energy consumption, water use, waste management, emissions, impact mitigation, employment practices, labor relations, human rights practices, product and service responsibility, and social development contributions. Efforts were made in all the companies for robust data gathering.

The key performance indicators (KPIs) were selected after a series of meetings of the Sustainability Council, which consists of the sustainability champions or other representatives of the reporting companies. These representatives provided inputs, based on their company's individual reporting, taking into consideration materiality, completeness, and stakeholder inclusiveness. The KPIs were selected partly on the basis of which aspects of the business most, if not all, of the companies were confident they could report on in detail and in line with GRI protocols. The selection was further refined according to the materiality of each indicator to the holding company and to the reasonable expectations of its stakeholders. The selected indicators were then elevated to the Management Committee for approval.

Given this process, the indicators contained here provide only a preview of where each company is in terms of their respective sustainability practices. The GRI framework helps align the different companies for better comparability, given their varied stages of reporting. Those who wish to have a deeper understanding of each company’s sustainability initiatives may download the reports from the individual company websites.