ALI bests global competition

MANILA, Philippines — Ayala Land, Inc. bested companies from around the globe as it received the most number of Stevie® Award wins at The 18th Annual International Business Awards®. The Stevie Award is a premier business award program that recognizes the achievements and positive contributions of organizations and working professionals worldwide.

ALI was the overall winner this year, taking home 36 Stevie Awards in total, 11 of which were Gold, six 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.

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 Ayala Land 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.