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New sustainability reporting rules may take effect in 2024

The Securities and Exchange Commission is keen on implementing the revised sustainability reporting guidelines form for listed firms this year, despite calls for the agency to defer its implementation. The agency said it will release a new memorandum circular (MC) on the new guidelines later this year. “After careful consideration…

PHL companies, regulators play the sustainability catch-up game

THE term “sustainability” has gone beyond a buzzword status among publicly-listed companies, many of which placed the green where their mouths are: in “green” transactions. Many analysts, however, believe that Philippine firms still have a lot of catching up with their international, even regional, peers, especially in terms of tangible…

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