The SGV Climate Change and Sustainability Services (CCaSS) team and Philippine Sustainability Reporting Committee (PSRC) Secretariat organized and hosted International Sustainability Standards Board (ISSB) meetings with the Securities and Exchange Commission (SEC), the Bangko Sentral ng Pilipinas (BSP), and the Philippine Stock Exchange (PSE) and a joint meeting with the Financial and Sustainability Reporting Standards Council (FSRSC) and the PSRC at the SGV Makati office.
SGV, ISSB, SEC, and PSE meeting participants
The meetings aimed to engage the PSE, SEC, and local stakeholders regarding the ISSB Standards and the Philippines’ roadmap for adoption. Topics covered during the meetings were the perspectives on Philippines’ jurisdictional roadmap towards adoption of the ISSB Standards, the status and possible future development of SEC ESG Guidance for sustainability reporting, organizational perspectives on ISSB’s future agenda, and capacity building needs.
Speakers and participants during the Joint FSRSC and PSRC Meeting with ISSB
CCaSS Partner Benjamin N. Villacorte, CCaSS Directors Ricardo Maulion Jr. and Diana Sadili-Chu, and CCaSS Associate Director Jouelle Nerveza-Sumile formed part of the CCaSS team.
ISSB guests during the meeting were Vice Chair Jingdong Hua, Director of Regulatory Affairs Jonathan Bravo, Strategic Affairs and Capacity Building Manager Evie Robertson. PSE and SEC Officers, as well as FSRSC and PSRC members also attended the meetings.