One of the Philippines' largest conglomerates. JG Summit has seven core businesses: branded consumer, agro-industrial and commodity food products; real estate and property development; air transportation services; petrochemicals; banking and financial services; telecommunications; and Power.
|JG Summit Holdings Inc||PHL||website|
|JG Summit Holdings Inc|
This company received an S&P Global ESG Score of 25/100 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.
Source: S&P Global (2022)
Born from JG Summit's commitment to social responsibility, the Gokongwei Brothers Foundation (GBF) was set up in 1992 to help uplift the socio-economic condition of Filipinos through the funding of educational projects.
Source: company website (2014)
|Revenue||2.8 billion USD (2012)|
|Subsidiaries||Universal Robina Corporation (56% owned)
Food and beverages
One of the largest food and beverage companies in the Philippines and a core subsidiary of Philippines-based conglomerate JG Summit. Acquired Griffin's in 2014 and Snack Brands Australia in 2016.
- URC Oceania Co Ltd (60% owned)
In 2019 Intersnack bought a 40% stake in this company, which was partly paid for with shares of Yarra Valley Snack Foods, Intersnack's Australian operations.