Submit a report regarding a local or foreign company about its people-centered programs.
Include the company's history, mission/vision, and values.
Aboitiz & Company
History
Aboitiz & Company (ACO) was founded by Paulino Aboitiz in the late 1800s as an abaca
trading and general merchandise business in Ormoc, Leyte and later ventured into inter-island
shipping to transport its goods across the Visayas. It was formally incorporated in 1920 and
serves as the private holding company of the Aboitiz family today.
When Don Ramon Aboitiz, Paulino’s second son, took over management of the company, he
established a strong foundation of growth and expansion. From a small mercantile operation,
ACO has grown and diversified to various companies engaged in distinct services in key
industries that are contributing to nation-building.
The journey of ACO from a small family business to being one of the largest and most respected
business groups in the Philippines is a testament to its solid foundation built on trust, fairness,
integrity, and quality.
With five generations of family and professional management behind its business success,
Aboitiz echoes the time-honored philosophy of Don Ramon, the legacy of excellence nurtured
and strengthened over the past century.
Mission
Our mission is to create long-term value for all our stakeholders
Values
INTEGRITY
We believe in integrity. We deliver on what we promise, practice fair processes, are accountable
for our actions and their consequences.
TEAMWORK
We believe in teamwork. We apply a multi-disciplinary approach to achieve our business goals.
We work independently while promoting cooperation and mutual respect.
INNOVATION
We believe in innovation. We constantly look for better ways to provide efficient systems,
quality service and products.
RESPONSIBILITY
We believe in responsibility. We adhere to good corporate governance, advocate organizational
and environmental sustainability, and care for all our stakeholders.