Activities in The Philippines has been published.
Japan and Online/ 2023
With the strong leadership and support of DENR, PaSTI-Philippines Project made steady progress in the past fiscal year.
Building upon the activities conducted in previous years, PaSTI-Philippines project continued its efforts to investigate the systems related to corporate greenhouse gas (GHG) emissions accounting and reporting in the country. Through this investigation, we proposed the collaboration between the Sustainability Reporting System implemented by the Securities and Exchange Commission (SEC) and the GHG data collection initiatives promoted by DENR. This marked the first step towards realizing this collaboration. Specifically, PaSTI held regular workshops and discussions in cooperation with DENR, the Climate Change Commission (CCC), and SEC, aiming to clarify the roles of relevant government agencies and engage in discussions regarding the necessary legal arrangements. As a result, the project has continued to actively explore inter-agency collaboration to facilitate smooth and effective corporate reporting on GHG emissions.
Additionally, we organised a study tour to Japan, where we showcased examples of GHG emissions reporting by businesses in our country and discussed incentives to enhance corporate transparency. This study tour brought together participants from various institutions and organisations, including DENR, CCC, SEC, the private sector, and consultants. It provided a valuable platform for expanding communication opportunities and fostering collaboration among these organisations.
Overall, under the guidance of DENR, the PaSTI-Philippines Project made significant progress in promoting sustainable practices and establishing a framework for inter-organisational cooperation. We look forward to continuing our efforts in the coming year with the aim of achieving further success in GHG emissions accounting and reporting in the Philippines.