IN recent years, we have seen a transformative shift in how investments are evaluated by incorporating environmental, social and governance (ESG) factors in investment decision-making.
IN recent years, we have seen a transformative shift in how investments are evaluated by incorporating environmental, social and governance factors in investment decision-making. Beyond profitability, investors look through a business' sustainability by evaluating environmental and societal contributions, and governance practices as useful benchmarks in the investing world.
Memorandum Circular 11 imposes requirements on investment companies before they may validly be considered and identified as Sustainable and Responsible Investment Funds. Under this circular, covered entities are also required to disclose information on ESG investments, criteria, sustainable investment strategies and risks, among others. Together with the Sustainability Reporting Guidelines, these regulations aim to ensure disclosure of material ESG factors influencing companies' operations.
Investing And Sustainability Reporting In The Philippines
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Philippines Tourism Promotes 'Love the Philippines' Campaign Despite Budget CutsDespite a reduced budget for branding and marketing, the Philippines Department of Tourism (DOT) continues to promote the country abroad through various media channels, including television, billboards, and social media. Tourism Secretary Christina Garcia Frasco highlighted the ongoing 'Love the Philippines' campaign, which has reached key markets worldwide. While acknowledging the challenges posed by the budget cuts, Frasco emphasized the DOT's efforts to address power supply issues on Siargao Island and promote sustainable tourism development.
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Coca-Cola Beverages Philippines Inc. Rebrands as Coca-Cola Europacific Aboitiz Philippines Inc.Coca-Cola Beverages Philippines Inc. officially rebrands as Coca-Cola Europacific Aboitiz Philippines Inc. (CCEAP) to reflect the Aboitiz Group's strategic investment and partnership with Coca-Cola Europacific Partners (CCEP). The rebranding signifies a commitment to a sustainable future and long-term growth for the Philippines.
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Isuzu Philippines Celebrates 25 Years as the Philippines' Top Truck BrandIsuzu Philippines (IPC) has achieved a remarkable milestone, celebrating 25 consecutive years as the leading truck brand in the Philippines. The Japanese automaker has solidified its position through a combination of Japanese engineering expertise and an in-depth understanding of the local market's needs.
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French aircraft carrier Charles de Gaulle to visit PH in FebMANILA, Philippines — The French Navy aircraft carrier Charles de Gaulle and its escorts are visiting the Philippines in February, signaling the growing maritime security relations between France and the Philippines.
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PLDT and UP hike bourse know-how based on ESG | Rizal Raoul ReyesTo boost awareness on the country’s stock market, PLDT Inc. (PLDT) recently participated in the “UPIC Investor Insights: PSE Listed Company Showcase:” a knowledge-sharing session hosted by mobile-trading platform and stock brokerage firm Luna Securities and the University of the Philippines Investment Club (UPIC).
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ESG Investing and Sustainability Reporting: A Competitive Advantage for Philippine CompaniesThis article explores the benefits of ESG (Environmental, Social, and Governance) investing and sustainability reporting for Philippine companies. It highlights the SEC's guidelines, tax implications, and the impact on investor perception.
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