San Miguel
Business conglomerate
San Miguel Corporation is the largest publicly listed food, beverage and packaging company in the Philippines. Have additionally diversified into Fuel and Oil (Petron), infrastructure (roads, rail, airports), real estate development, power and energy and mining. Founded in 1890 as a brewery, the company has over 100 facilities in the Philippines, Southeast Asia, China and Australia. San Miguel's flagship product, San Miguel Beer, holds over 90% share of the Philippine beer market.

Overall

Owned PHL
Rating F
About the Ratings
San Miguel Corporation
PHL

Company Assessment

(Last updated Jul 2024)
San Miguel Corporation
Criticism
17/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 17/100 in the Industrial Conglomerates category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 21 Oct 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
CDP Climate Change score of D
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of D.
Source: CDP (2023)
4.5/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2023 and received a score of 4.5/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
Information
CDP Forests score of C
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests score of C.
Source: CDP (2023)
Alcohol - direct involvement
Directly involved in the manufacture, distribution or sale of alcohol as a core business.
CDP Water Security score of C
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of C.
Source: CDP (2023)

Company Details

Type:
Public company
Founded:
1890
Revenue:
20.5 billion USD (2019)
Employees:
18,500 (2019)
Subsidiaries:
San Miguel Food and Beverage Inc (80% owned)
Food & beverages
San Miguel Brewery Inc (51% owned)
Brewer
Philippines largest beer company, with a 95% market share. San Miguel Brewery Inc. was spun off from San Miguel Corporation in October, 2007. In 2009, Kirin Holdings Co. Ltd. of Japan bought 48.3% of the company from SMC.

Contact Details

Address:
Manila, Philippines
Website:
www.sanmiguel.com.ph

Products / Brands

San Miguel Brewery (41% owned) / Good Drinks (importer/distributor)
San Miguel Beer (imported)