Purpose. Passion. Progress.

Annual and Sustainability Report 2022

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About the Cover

About the Cover

Purpose. Passion. Progress.

JG Summit has continuously strived to be one of the leading conglomerates in the Philippines and to establish a strong foothold in Asia’s key markets. However, beyond the heavy-hitting figures, the company measures its success based on how it collectively shapes and impacts the lives of others as a thought leader in the industries it is present.

For JG Summit, leadership means creating meaningful breakthroughs by maximizing its capabilities, leveraging its ecosystem to exceed expectations, and championing a strong business based on sustainable practices. Throughout 2022, the company focused on ensuring that it lives up to its future-forward vision while adapting to economic storms, from accelerating digital initiatives to diversifying its product range to meet the ever-changing needs of consumers and ensuring sustainability is at the core of its growth strategy.

The group advanced its product development and service delivery through smarter factories, more efficient operations, and increased digital touchpoints, ultimately improving customer satisfaction and employee experience. In 2022, the conglomerate established strategic partnerships with other trusted companies to further expand its offerings and customer reach.

Despite headwinds from the past year, JG Summit continued to create progress fueled by a purpose as it developed a sustainable framework, evolved its business practices, maintained strong stakeholder relations, as well as strengthen an agile and progressive working environment.

Chairman’s Message

“We continue to focus on our purpose as we create meaningful breakthroughs as a conglomerate.”

This fuels our passion to keep our business agile and sustainable so we can look forward to the progress we will make in the many years to come.

James L. Go


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President & CEO’s Report

"2022 was the start of our pivot back to growth where we experienced sequential recovery in demand for our products and services brought about by the reopening of the economy."

This now sets us up to take advantage of new opportunities and inspires us to work harder to deliver our promise to our customers in providing better choices through continuous focus on product innovation and great customer experience.

Lance Y. Gokongwei

President and Chief Executive Officer

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in Php billion