Robust Fundamentals
Robust Fundamentals
Sustainable Growth
GRI 3-1, 3-3
A strong foundation is necessary for sustainability, encompassing both stable structures and the right values.
Good governance guarantees clear and adequate objectives and processes, fair and equitable rules, and proper representation. It involves taking deliberate and dedicated action to benefit all stakeholders.
Enterprise Risk Management (ERM) aims to prevent adverse events, reduce negative impacts, and transform risks into value-creation opportunities.
Capabilities are the foundation for success, adding value and competitive advantage in the market. Though setbacks may be unavoidable, they offer opportunities for learning, and perseverance and dedication lead to success.
The Company
GRI 2-2, 2-6
D&L Industries is a Filipino company engaged in product customization and specialization for the food, chemicals, plastics, and consumer products ODM industries. The Company’s principal business activities include manufacturing of customized food ingredients, specialty raw materials for plastics, and oleochemicals for personal and home care use.
With a track record that spans over five decades, D&L
has established itself as the dominant market leader in
the industries it serves. It also enjoys long-standing
customer relationships with the Philippine’s leading
consumer and manufacturing companies.
As the majority of the products that the Company
manufactures caters to basic industries which are
considered essential, D&L sees continued strong
demand for its products even amidst global geopolitical,
energy, and food supply uncertainties, even as pandemic fears still linger.
Orgnanization
Business Presence
GRI 3-1, 3-3Food Ingredients
Oleo-Fats, Incorporated
D&L Premium Foods Corporation
Oleochemicals & Specialty Chemicals
Chemrez Technologies, Inc.
Chemrez Product Solutions, Inc.
Specialty Plastics
First in Colours, Incorporated
D&L Polymer & Colours, Inc.
Consumer Products Original Design Manufacturer
Aero-Pack Industries, Inc.
Natura Aeropack Corporation*
*Pre-operating for the full year in 2022
Corporate Social Responsibility
GRI 2-2, 2-6Altruism permeates D&L’s culture, from excellence in every act, to every choice in favor of the best outcome for the majority of stakeholders.
Culture
GRI 2-22, 2-24, 2-29Values passed on from the first to the second generation of leaders permeate the inclusive culture of excellence the Company cultivates and nurtures, throughout and across, within and beyond, its boundaries.
Our Vision
To be the Philippines’ Majority Leader in Sustainable Ingredients, Materials and Solutions, and a Major Exporter in identified continents.
Our Mision
To excel and be the leader in the industries we serve.
We are dedicated to growth. We are not complacent, timid, or satisfied with the status quo.
We are research-oriented. We will keep abreast of the latest technology and have our fingers on the pulse of the market to identify the market needs that must be met.
We are committed to increase productivity and profitability, but not at the expense of ethics.
We will continuously enhance our reputation for quality and value. Our products and services must always represent good value for money and be competitive in the marketplace.
We will maintain our market leadership through creativity, innovation and excellence in performance tempered with experience.
We are proud of our employees. We consider them as our most valuable asset. We will maintain an atmosphere where our people can develop their abilities and potential while working together enthusiastically to achieve our goal.
We will contribute to the well-being of the communities in which we operate, and accept our responsibilities as citizens of the Philippines.
Our Beliefs
Progress and development can be realized only through the combined efforts and cooperation of each member of our organization from the highest to the lowest.
Dedication to meeting customers’ expectations and needs by providing them the best value from our products and the best service, through the combined efforts and cooperation of each member of the organization.
Passion for excellence in providing intelligent, responsible, and capable direction in the conduct of the business.
Conviction to manage company activities on the basis of the highest standards of conduct and ethics.
Passion to lead | Drive to excel |
Discipline and hard work | |
Positive attitude | |
Being honest, fair, and humble | Integrity and honesty |
Fairness and humility | |
Caring Together | Gratitude and appreciation |
Harmony and cooperation | |
Courtesy and respect for others |
The Way We Commit to the Code
We call upon our people to comply and commit to the Code of Business Principles. We exhort them to conform to the norms of conduct prescribed therein. We encourage them to seek clarification and guidance from their supervisors, the Head of HR, the Legal Counsel, and the Compliance Officer. We do not tolerate non-compliance. We enforce heavy disciplinary measures on those who ignore and fail to follow the Code. We expect more from our managers and supervisors. We look at them to inspire, lead and model the way of ethical behavior.
Our business unit heads and managers are ultimately responsible in ensuring compliance. We expect them to actively and visibly provide support. We enjoin them to patiently but persistently promote and encourage employees’ adherence to the Code. We hope that our organizational leaders personally engage in assisting and training their own staff in the context of their specific duties and responsibilities.
We urge our employees to bring to the attention of their supervisor or of senior management any breach or suspected violation of the Code. We have support provisions to safeguard strict confidentiality. We also assure that those reporting do not suffer the consequence of disclosing in confidence what they know.
Chairperson | Non-executive | Yin Yong L. Lao |
Vice Chairperson | Non-executive | John L. Lao |
Members | Lead Independent Director | Atty. Mercedita S. Nolledo |
Independent Director | Corazon S. de la Paz-Bernardo | |
Independent Director | Dr. Lydia R. Balatbat-Echauz | |
Independent Director | Engr. Filemon T. Berba, Jr.† | |
Executive | Alvin D. Lao |
Chairperson | Independent Director | Corazon S. de la Paz-Bernardo |
Members | Lead Independent Director | Atty. Mercedita S. Nolledo |
Independent Director | Corazon S. de la Paz-Bernardo | |
Independent Director | Engr. Filemon T. Berba, Jr.† |
Chairperson | Independent Director | Dr. Lydia R. Balabat-Echauz |
Members | Lead Independent Director | Atty. Mercedita S. Nolledo |
Independent Director | Engr. Filemon T. Berba, Jr.† |
Chairperson | Lead Independent Director | Atty. Mercedita S. Nolledo |
Members | Independent Director | Dr. Lydia R. Balatbat-Echauz |
Independent Director | Corazon S. de la Paz-Bernardo | |
Non-executive | Yin Yong L. Lao |
Chairperson | Non-executive | John L. Lao |
Members | Independent Director | Engr. Filemon T. Berba, Jr.† |
Executive | Alvin D. Lao |
Compensation/Remuneration Committee
The Compensation/Remuneration Committee establishes a formal and transparent procedure for developing a policy on the remuneration of directors and officers to ensure that their compensation is consistent with the Company’s culture, strategy and the business environment in which it operates.
Chairperson | Non-executive | Yin Yong L. Lao |
Members | Lead Independent Director | Atty. Mercedita S. Nolledo |
Non-xecutive | John L. Lao |
Chairperson | Independent Director | Engr. Filemon T. Berba, Jr.† |
Members | Lead Independent Director | Dr. Lydia R. Balatbat-Echauz |
Independent Director | Corazon S. de la Paz-Bernardo | |
Non-executive | John L. Lao | |
Executive | Alvin D. Lao |
Chairperson | Non-executive | Dean L. Lao |
Members | Non-executive | Leon L. Lao |
Non-executive | Alex L. Lao | |
Non-executive | Yin Yong L. Lao | |
Non-executive | John L. Lao | |
Executive | Alvin D. Lao |
Chairperson | Non-executive | Dean L. Lao |
Non-executive | Leon L. Lao | |
Non-executive | Alex L. Lao |
Board of Investments (BOI) |
Bureau of Animal Industry (BAI) |
Bureau of Customs (BOC) |
Bureau of Fire Protection (BFP) |
Bureau of Internal Revenue (BIR) |
Department of Environment and Natural Resources (DENR) |
Department of Labor and Employment (DOLE) |
Department of Trade and Industry (DTI) |
Energy Regulatory Commission (ERC) |
Fertilizer and Pesticide Authority (FPA) |
Food and Drug Administration (FDA) |
Intellectual Property Office (IPO) |
Laguna Lake Development Authority (LLDA) |
Land Transportation Office (LTO) |
Local Government Units (LGUs) |
National Privacy Commission (NPC) |
Philippine Drug Enforcement Agency (PDEA) |
Philippine Economic Zone Authority (PEZA) |
Securities and Exchange Commission (SEC) |
Certification | Description |
---|---|
COSMOS | Organic and Natural Certification for Cosmetics |
Food Safety System Certification | |
Food Safety System Certification |