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Asia-Pacific

Philippines SEC to Make Sustainability Reporting Mandatory

Publicly-listed companies will be required to submit sustainability reports separate from their annual reports from 2023.

Philippines’ Securities and Exchange Commission (SEC) is reportedly planning to make sustainability reporting mandatory for all listed firms by 2023. The SEC issued sustainability reporting guidelines for listed companies in 2019. While sustainability reporting is on a comply or explain basis, the regulator noted a compliance rate among publicly listed…

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