The Philippine Securities and Exchange Commission used a keynote address by Commissioner Javey Paul D. Francisco at CRIF Forum 2025 to highlight that credible data and transparency are central to sustainable finance and improved environmental, social, and governance outcomes. He urged businesses and financial institutions to embed data-driven sustainability strategies into core operations, framing sustainability as an immediate operational and financial risk. In remarks titled “How Data and Transparency are Powering Greener Decisions,” the Commissioner argued that verifiable ESG data is increasingly treated by investors and lenders as a prerequisite for market credibility, citing areas such as energy use and emissions tracking, labour practices, and governance structures. He pointed to existing Commission efforts that support this shift, including sustainability reporting guidelines for publicly listed companies, alignment with global standards such as the IFRS Sustainability Disclosure Standards, and nationwide programmes aimed at helping small and medium-sized enterprises build ESG capabilities, alongside a call for stronger collaboration across regulators, industry, and financial institutions.
Philippine Securities and Exchange Commission 2025-07-30
Philippine Securities and Exchange Commission underscores the role of credible ESG data and transparency in sustainable finance at CRIF Forum 2025
The Philippine Securities and Exchange Commission stressed the importance of credible data and transparency in sustainable finance during Commissioner Javey Paul D. Francisco's keynote at CRIF Forum 2025. He highlighted the need for businesses to integrate data-driven sustainability strategies, noting that verifiable ESG data is crucial for market credibility. He also referenced the Commission's initiatives, including sustainability reporting guidelines and alignment with global standards, to support this transition.