BIZ BUZZ: Bull’s eye for the Consunjis

The Consunji family has hit the mark yet again, and it’s thanks to its three shiny—and golden—awards.

DMCI Holdings Inc., the group’s engineering and construction conglomerate, and energy firm Semirara Mining and Power Corp. both clinched three Golden Arrow awards at the recent Asean Corporate Governance Scorecard (ACGS) Golden Arrow awards.

“Our three Golden Arrow awards reflect our unwavering commitment to good corporate governance,” DMCI chair Isidro Consunji said in a statement.

“We remain dedicated to upholding transparency, accountability and ethical business practices to protect stakeholder value and support sustainable progress,” the tycoon added.

You may have already guessed it—after all, both DMCI and Semirara have been receiving this award since 2019–but the prestigious recognition is given to publicly listed companies for “exemplary adherence” to the Philippine Code of Corporate Governance.

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The triple arrow is the third-highest award a company can get if their ACGS score falls from 100 to 109 points. The five-arrow recognition is reserved for firms with scores of 120 to 130 points.

Will DMCI and Semirara finally score the highest award next year?