The Philippine Securities and Exchange Commission (SEC) received two Global Good Governance (3G) awards from Cambridge International Finance Advisory (IFA), marking its fifth consecutive year of recognition. The awards were presented at the 10th Annual Awards Ceremony in Brunei Darussalam. The SEC was conferred the 3G Leadership Award for Advocacy and Commitment to Corporate Governance and the 3G Championship Award in ESG Practice. The release links the recognition to measures including the requirement for publicly listed companies to file sustainability reports under SEC Memorandum Circular No. 4, Series of 2019, and the Commission’s move to paperless company registration through the mandatory use of SEC Zuper Easy Registration Online (ZERO), which enables digital authentication and removes the need for wet signatures and hard-copy submissions. The SEC plans to expand the sustainability reporting requirement beyond publicly listed companies by tiers, starting with large capital listed entities in 2026.
Philippine Securities and Exchange Commission 2025-05-21
Philippine Securities and Exchange Commission wins two Global Good Governance awards for fifth straight year
The Philippine SEC received two Global Good Governance awards from Cambridge International Finance Advisory, marking its fifth consecutive recognition. The awards highlight the SEC's advocacy in corporate governance and ESG practices, linked to initiatives like mandatory sustainability reports and digital company registration. The SEC plans to extend sustainability reporting requirements to large capital listed entities by 2026.