With the theme: inclusivity for an annual report, we came up with this design.

Every pin and thread plays an important role 
in the bigger image for each of the companies.
We demonstrate this by connecting all the pins through a thread, that forms a word representative of what the company stands for.
The words featured on the cover 
of the annual reports are the individual representation of the theme of inclusivity for each of the companies.

Each pin represents a pillar of the company, making it impossible to form the word with one missing.

Agency: J. Walter Thompson Manila