Activities in The Philippines has been published.
March, 2024
In the Philippines, efforts to strengthen greenhouse gas (GHG) emission reporting in the private sector are underway. In order to support the establishment of a GHG emissions accounting and reporting system, PaSTI is working with the Department of Environment and Natural Resources (DENR), the Climate Change Commission (CCC), and the Philippine Securities and Exchange Commission (SEC). This collaboration aims to build a framework for collecting GHG emissions data from the private sector using the sustainability reporting system that has been mandatory for listed companies from 2023.
In FY2023, templates for GHG emission calculation reporting were created mainly by DENR in accordance with the SEC's new sustainability reporting format, and templates including activity data and emission factors to calculate GHG emissions were prepared for each industrial sector.
Additionally, on March 25, 2024, a workshop targeting private enterprises and local governments in sectors related to industrial processes and waste management was held in Metro Manila, sponsored by PaSTI. In this workshop, information on templates for GHG emissions calculation & reporting, the benefits of voluntarily disclosing information for companies toward decarbonization, and good practices of corporate initiatives in the Philippines was shared.