SEC Issues Draft Circular on Sustainability Reporting: What PLCs and Large Non-Listed Entities Need to Know
The Securities and Exchange Commission (SEC) of the Philippines has released a draft Memorandum Circular for public comment on July 30, 2025, proposing rules for mandatory sustainability reporting. Under the draft, Tier 1 entities—originally slated to begin reporting for FY 2025—would now start with FY 2026 reports, due in 2027. This revised timeline is part […]
The Role of GHG Accounting in Sustainability
Understanding GHG Accounting and Its Business Impact Greenhouse gas (GHG) accounting is a systematic approach to measuring, managing, and reducing emissions that contribute to climate change. As businesses worldwide shift toward sustainable operations, GHG accounting has become a fundamental component of corporate responsibility and regulatory compliance. Accurate GHG measurement helps organizations assess their environmental impact, […]
Sustainability Reporting and Climate Disclosure – The Differences and Overlap of Standards
Explore sustainability reporting and climate disclosure standards in the Philippines, including frameworks like GRI and IIRC, and regulatory initiatives by institutions like the Bangko Sentral ng Pilipinas and SEC. Understand the importance of harmonization for effective communication and strategic insights.
GRI Sustainability Reporting Standards: Change shall come
Seemingly right on the heels of GRI G4 Guidelines is the GRI Sustainability Reporting Standards. Launched last 19 October 2016, its aim is to set a common language among companies for non-financial information disclosure and provide a means for even greater transparency on the economic, environmental and social impacts companies make. The GRI Standards: an […]