FOR the sixth consecutive year, SBS Philippines Corporation (SBS) was again the recipient of this year's Golden Arrow Award for corporate governance by the Institute of Corporate Directors (ICD), the Philippine domestic ranking body for the Asean Corporate Governance Scorecard (ACGS), in recognition of SBS' corporate governance performance in alignment with the recommended Corporate Governance (CG) standards under the Philippine Code of Corporate Governance and international CG best practices espoused by the ACGS. More importantly, SBS proudly achieved an impressive double Arrow recognition based on the 2023 assessment, highlighting its continuing efforts to raise its corporate governance standards.