The Philippine Securities and Exchange Commission published a press release on SEC Commissioner Javey Paul D. Francisco’s address at the VIA Vendor Fair 2025, where the SEC reiterated its focus on strengthening Environmental, Social, and Governance compliance and sustainable business practices, with particular emphasis on small and medium enterprises. The event, organized by CRIF Philippines and attended by more than 1,500 procurement leaders and other stakeholders, positioned compliance and sustainability as drivers of business growth. The SEC highlighted its existing ESG-related initiatives, including the 2019 Sustainability Reporting Guidelines for publicly listed companies and the SMILEES Roadshow to help SMEs integrate sustainability into operations. While sustainability reporting is currently mandatory only for publicly listed companies, the SEC indicated it envisions ESG disclosure becoming standard practice for all enterprises as the sustainability landscape develops.
Philippine Securities and Exchange Commission 2025-05-15
Philippine Securities and Exchange Commission reaffirms ESG agenda at VIA Vendor Fair and flags potential expansion of ESG disclosure beyond listed companies
The Philippine SEC emphasized its commitment to strengthening ESG compliance and sustainable practices, especially for SMEs, during Commissioner Javey Paul D. Francisco’s address at the VIA Vendor Fair 2025. The SEC highlighted its 2019 Sustainability Reporting Guidelines and the SMILEES Roadshow as part of its ESG initiatives. While ESG reporting is mandatory for publicly listed companies, the SEC envisions broader adoption across all enterprises.