With 50 malls in the Philippines and five (5) locations in China, SM Supermalls is a chain

of shopping centers owned by SM Prime Holdings, Inc. The company that presently runs the ma
lls was founded by Mr. Henry Sy, Sr. in 1958 as ShoeMart, which was based in Manila.
The SM Department Store was established in the 1960s and 1970s as it expanded its shoe store
to include other goods.
Newly emerging urban hubs in Cubao (Quezon City) and Makati were among its locales.
As a full-
line department store by the middle of the 1970s, it changed its name from ShoeMart to SM an
d opened stores all over the city.
These includes establishments in SM Cubao in Quezon City, the Makati Commercial Center
The SM Department Store was established in the 1960s and 1970s as it expanded its shoe store
to include other goods.
Newly emerging urban hubs in Cubao (Quezon City) and Makati were among its locales.
As a full-
line department store by the middle of the 1970s, it changed its name from ShoeMart to SM an
d opened stores all over the city.
Among these were establishments in the Makati Commercial Center, SM Cubao in Quezon City,
SM at Harrison Plaza in Manila, and SM Iloilo in the Visayas, the first store outside of Metro Ma
nila.
The corporation expanded its diversification in the 1980s and entered the market for supermar
kets and home appliance stores, opening its first "Supermall," the SM City in North EDSA in 198
5.
SMs positions increased in the 1990s.
Newly emerging urban hubs in Cubao (Quezon City) and Makati were among its locales. As a full-
line department store by the middle of the 1970s, it changed its name from ShoeMart to SM and
opened stores all over the city. Among these were establishments in the Makati Commercial
Center, SM Cubao in Quezon City, SM at Harrison Plaza in Manila, and SM Iloilo in the Visayas,
the first store outside of Metro Manila. The corporation expanded its diversification in the 1980s
and entered the market for supermarkets and home appliance stores, opening its first
"Supermall," the SM City in North EDSA in 1985. With the launch of SM City Sta, the malling craze
in the Philippines furthered SM's prominence in the 1990s. With the opening of SM City Sta
during the Philippine malling boom of the 1990s, SM furthered consolidated its position in the
country. 1990 and 1991 saw the opening of Mesa and SM Megamall, respectively. Since then,
more mall developments have been announced, and they are now seen as gathering spaces for
families, communities, and service providers. "Malling" has also started to become a way of life
for residents of both urban centers and rural regions.

Through numerous civic help, environmental education, and sustainability projects, SM Prime H
oldingsSM Prime is ideally situated to support its host communities.
Corporate Social ResponsibilitySM Cares, a division of SM Foundation Inc., is the organization th
at
manages the corporate social responsibility programs of SM Prime Holdings, Inc. There are prog
rams that focus on the Environment and on People and Communities. Its activities are two-
pronged: to care for its customers while being a steward of the environment.
SM Prime's small tenants, business partners, and stakeholders in various sectors are invited to t
he Top Leaders Forum, which is held in partnership with the United Nations Office for Disaster
Risk Reduction (UNISDR), where Philippine business leaders are invited to promote, invest in, an
d plan for disasters.
Corporate Social Responsibility
SM Cares, a division of SM Foundation Inc., is the organization that
manages the corporate social responsibility programs of SM Prime Holdings, Inc. There are prog
rams that focus on the Environment and on People and Communities. Its activities are two-
pronged: to care for its customers while being a steward of the environment.
The Top Leaders Forum, held in collaboration with the United Nations Office for Disaster Risk R
eduction (UNISDR), where Philippine business leaders are invited to promote, invest in, and pla
n on disaster risk reduction, 3. Greenhouse Gas Emissions Management, 4. Energy Efficiency, an
d 5. Solid Waste Managment are among the environmental initiatives.
However, The
Children and Youth Development: The SM Cares Program on Children and Youth outfits its malls
with the most recent child-
proof technology as part of its activities for people and communities.
These include the step guides found throughout the buildings and guardrails on escalators.
There are kid-sized restrooms, emergency buttons, and pay phones, among other amenities.
Both tenants and mall personnel participate in child management seminars and are trained to h
andle a family in crisis or a child with special needs. SM also commemorates National Children's
Book Reading Day in its malls in the Philippines and China.
The malls will host a day of storytelling and book reading for kids from both public and private s
chools.
Additionally, the kids are permitted to bring their own books provided by the SM Foundation and
the event's sponsors. Overseas Filipino Workers (OFWs) and their Families; SM Cares established
The Global Pinoy Center to assist families of OFWs (GPC). The GPC provides free telephone
services, BDO Remittance Pick-up services, and Foreign Exchange services as a "one-stop service
hub." Families are also taught how to use social networking sites and various chat and voice
application applications to stay in touch with their relatives who live abroad.
To further improve their plight, SM partnered with various government agencies and private
institutions to benefit the OFWs and their families, including NGOs that give seminars on
how to manage their money and start a business.
3.PWDs (Persons with Disability);
The SM Cares Program on Disability Affairs is a multi-awarded corporate social responsibility
program. Since its beginnings, SM Supermalls have championed the issues of Persons with
Disabilities (PWDs) by giving them a venue to host their events and spread their cause,
while fostering a second home where they can feel welcome and secure.
SM Supermalls nationwide are built to be PWD-friendly - with more than the required number
of ramps, accessible parking lots, Braille signages and utilities within an accessible height,
SM takes pride in creating a more comfortable environment for people with disabilities. SM
Mall tenants and staff are also trained on how to deal with PWDs.
4.Elderly Care;
The SM Cares Program on Disability Affairs is a multi-awarded corporate social responsibility
program. Since its beginnings, SM Supermalls have championed the issues of Persons with
Disabilities (PWDs) by giving them a venue to host their events and spread their cause,
while fostering a second home where they can feel welcome and secure.
SM Supermalls nationwide are built to be PWD-friendly - with more than the required number
of ramps, accessible parking lots, Braille signages and utilities within an accessible height,
SM takes pride in creating a more comfortable environment for people with disabilities. SM
Mall tenants and staff are also trained on how to deal with PWDs.
5.Women and Breastfeeding Moms.
SM Group of Companies has been able to help the less fortunate in the communities it
serves by supporting their needs in EDUCATION through college and technical-vocational
scholarship programs and donation of public school buildings, HEALTH through medical
missions and construction of wellness and health centers; COMMUNITY DEVELOPMENT
through various livelihood trainings, greening projects, spiritual development and immediate
disaster response/initiatives; and CARE FOR THE ENVIRONMENT AND FOR PERSONS WITH
SPECIAL NEEDS like those with disabilities, children, nursing mothers, the elderly, and the
overseas Filipino workers, among others.
Through its programs, the Foundation seeks to improve the quality of life and give
opportunities for positive change in urban and rural communities nationwide. Now, three
decades later, SM Foundation continues to adhere to its philosophy of PEOPLE HELPING
PEOPLE, serving more as SM builds more malls around the country.

SM Prime Holding's Ethical Issues

Ethical problems in a business should be avoided. Henry Sy owns SM, the largest location where
you can ramble or purchase anything you desire. The business ran into some ethical problems,
which they resolved by enforcing their policies and regulations. Conflicts of interest, supplier
selection, and accepting gifts are a few challenges in reference to ethical issues. Conflicts of
interest arise when directors and employees are prohibited from engaging in transactions with
the company, such as loans, and directors are unable to attend or participate in board meetings,
which they should avoid and disclose any financial or personal benefits they may receive from
any transaction involving SMPH. brought right away to Management's attention. Then, when
choosing a supplier, they may have trouble deciding whom to choose, and the company upholds
the values of fair dealing, equal opportunity, and healthy competition. Finally, accepting presents
is something that directors, officers, and employees of the firm are forbidden from doing because
they normally request some things from suppliers, which is something that should be avoided.