JG Summit Holdings, Inc. (JGSHI) and its publicly listed business units namely, Universal Robina Corp. (URC), Robinsons Land Corp. (RLC) and Cebu Air, Inc. (Cebu Pacific), are moving into the future for their respective Annual Stockholders Meetings this year, as the traditional printed annual report will be nowhere in sight. Instead, shareholders and other interested parties will be able to access the digital version on their mobile phones, tablets, or laptops.
This initiative aligns with the conglomerate’s push to become the leading digital conglomerate in the Philippines with an established and viable global presence.
Mike P. Liwanag, Senior Vice-President, Investor Relations & Special Projects of JG Summit Holdings, addressed this development in a statement. “This simple gesture to reduce dependence on paper for annual reports and bypass the printing process altogether bodes well with our drive to embrace sustainability. We want to limit the use of scarce resources while at the same time, through the use of digitalization, make our reports conveniently accessible to our stakeholders,” said Liwanag.
This new content delivery system will provide a better user experience and help reduce the conglomerate’s carbon footprint. Instead of being printed, each business unit’s 2018 Annual Report will be presented as a microsite that can be accessed via a link found in each of their respective websites through PC and mobile.
The digital annual report holds other advantages over its print counterpart. Besides the obvious environmental impact of having to cut fewer trees to produce the paper required for the reports, significant reductions in printing, delivery, and distribution costs are expected too. The online report will be user friendly as well, allowing readers to search for relevant information or data quickly via a menu bar and quick links---something that was often difficult to do with the traditional bulky printed report, which relied on a general index or table of contents.
As it will be hosted online, accessibility to the report will be greater than ever before. It is expected to deliver more engagement by making it easier for JG Summit’s companies to share their goals, objectives, and values, and making it simpler for people to keep track of developments in one of the country’s biggest conglomerates and its different BUs.
To access JG Summit Holdings' 2018 Digital Annual Report, click here.
Click here for URC: www2.urc.com.ph
Click here for Robinsons Land Corporation: www.robinsonsland.com
Click here for Cebu Pacific: cebupacificaircorporate.com
