The Securities and Exchange Commission (SEC) said it has received another recognition from the Unctad for promoting sustainability and sustainable development goals reporting in the Philippines. Know more:
THE Securities and Exchange Commission said last Monday it has received another recognition from the United Nations Conference on Trade and Development for promoting sustainability and sustainable development goals reporting in the Philippines.
The SEC previously received the International Standards of Accounting and Reporting Honours 2019 for promoting sustainability and SDG-reporting by requiring publicly-listed companies to submit sustainability reports annually. “I would like to thank the organizers of ISAR Honours and accept this year’s award wholeheartedly with the hope that other jurisdictions will be inspired to immediately adopt or to continue to carry out fully their sustainable practices,” SEC Chairman Emilio B. Aquino said during the ceremony.
Prior to the first mandatory submission of sustainability reports, the SEC conducted a series of workshops to capacitate the listed firms in the proper preparation of their annual sustainability reports. The capacity-building exercises and fora were tailored to address both sector-specific and general public concerns.
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