Philippine SEC Mandates Sustainability Reporting: The Shift to PFRS S1 and S2
Aligning with global standards, the Philippines moves to a mandatory, investor-grade framework starting in 2026.
The Philippines is taking a significant step forward in aligning its sustainability reporting regime with global standards, reinforcing the growing importance of ESG and climate-related disclosures across capital markets. Key regulatory bodies — including the Securities and Exchange Commission (SEC), Bangko Sentral ng Pilipinas (BSP), Insurance Commission (IC), and the Department of Environment and Natural Resources (DENR) — continue to play a central role in advancing
the country’s sustainability agenda.
These agencies are working toward a coordinated regulatory strategy that integrates sustainability reporting, sustainable finance, and circular economy principles, with the objective of strengthening economic resilience while balancing growth, environmental stewardship and social responsibility.
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