San Miguel

OVERALL
Owned	PHL
Rating

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.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
San Miguel Corporation
	11/100 S&P Global ESG Score This company received an S&P Global ESG Score of 11/100 in the Industrial Conglomerates category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). 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 (2021)	Alcohol - direct involvement Directly involved in the manufacture, distribution or sale of alcohol as a core business. Source: company website (2020)

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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.

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