Mandatory Sustainability Reporting in the Philippines: What PLCs and LNLs Need to Prepare For
On December 22, 2025, the Securities and Exchange Commission (SEC) issued the guidelines for Memorandum Circular No. 16, series of 2025, formally adopting the Philippine Financial Reporting Standards (PFRS) S1 and S2. These standards align with the International Sustainability Standards Board (ISSB) global framework for sustainability disclosures. With this adoption, sustainability reporting is no longer […]
SEC Releases Revised Draft on Sustainability Disclosures: PFRS S1 & S2 Nearing Final Adoption
Just two months after releasing its initial exposure draft, the Securities and Exchange Commission (SEC) issued a revised Memorandum Circular on October 24, 2025 seeking public feedback on the adoption of Philippine Financial Reporting Standards (PFRS) S1 and S2 for sustainability disclosures. Public comments are open until October 30, 2025 via https://tinyurl.com/Revised-SR-Guidelines. The final circular […]
Maturity In Sustainability Reporting – A Journey From Compliance To Collective Conviction
Explore the surge in sustainability reporting globally, its regulatory impact, and its role in organizational sustainability. Learn why companies engage in it—from risk management to competitive advantage—and how it boosts investor confidence and ensures regulatory compliance, empowering you to navigate business effectively.
Managing the medley – The crowded ESG alphabet array
Explore the evolution of ESG reporting amidst a landscape of over 600 worldwide standards. Navigate through this complexity with recommendations for harmonization, engaging standard setters like the IFRS Foundation, and leveraging existing frameworks to streamline reporting standards efficiently.
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 […]