SM Investments Partners with GRI to Launch Sustainability Reporting Course
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: PRnewswire
- Course Launch: SM Investments Corporation, in collaboration with the Global Reporting Initiative (GRI), has launched the inaugural online course on sustainability reporting for micro, small, and medium enterprises (MSMEs), aiming to enhance the sustainability practices of 99.5% of operating businesses in the Philippines and drive industry-wide transformation towards sustainability.
- Free Online Learning: The course, sponsored by SM Investments and disseminated through GRI's platform partners, will equip over 100,000 MSMEs with foundational knowledge of sustainability and climate-related concepts, thereby enhancing their competitive edge in the market.
- Deepening Industry Collaboration: Since establishing a partnership with GRI in 2018, SM Investments has continuously promoted compliance with sustainability reporting, facilitating rapid growth in sustainable practices among Philippine enterprises, highlighting the crucial role of the private sector in sustainability.
- Strategic Capacity Building: Through such capacity-building initiatives, SM Investments not only enhances its own sustainability reporting capabilities but also empowers MSMEs to become catalysts for sustainable change, ensuring that sustainability practices are shared and promoted across various industries.
SM
$18.99+Infinity%1D
Analyst Views on SM
Wall Street analysts forecast SM stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SM is 32.11 USD with a low forecast of 23.00 USD and a high forecast of 42.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
4 Buy
5 Hold
1 Sell
Moderate Buy
Current: 18.680
Low
23.00
Averages
32.11
High
42.00
Current: 18.680
Low
23.00
Averages
32.11
High
42.00
About SM
SM Energy Company is an independent energy company. The Company is engaged in the acquisition, exploration, development, and production of crude oil, natural gas, and natural gas liquids (NGLs) in the states of Texas and Utah. Its asset portfolio comprises assets in the Midland Basin of West Texas, the Maverick Basin of South Texas, and the Uinta Basin of northeastern Utah. Its Midland Basin assets are located in the Permian Basin in West Texas, are comprised of over 110,000 net acres, and include its RockStar assets in Howard and Martin counties, Sweetie Peck assets in Upton and Midland counties, and Klondike assets in Dawson and northern Martin counties. Its South Texas assets are comprised of over 155,000 net acres located in Dimmit and Webb counties, Texas. Its overlapping acreage position in South Texas covers a portion of the western Eagle Ford shale and Austin Chalk formations. Its Uinta Basin assets comprise over 63,300 net acres located in northeastern Utah.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
