Metro Pacific Investments Corporation (MPIC) held its Sustainability Summit 2021 on 6 August and among the speakers were EY Climate Change and Sustainability Services (CCaSS) Leader Mathew Nelson and CCaSS Partner Joseph Ian M. Canlas (JMC). The event included global environmental, social and governance (ESG) resource speakers who talked about key issues such as climate change, sustainability reporting standards, investor expectations and emerging global trends. Over 300 participants attended the event, including the Board of Directors and Senior Management of MPIC.
Mathew presenting at the summitMathew discussed the results of the 2021 EY Global Climate Risk Disclosure Barometer, a report which provides a global snapshot of the increasing corporate focus on climate risks and opportunities. He emphasized that climate risks and opportunities should be more than a reporting or disclosure matter. These should be at the center of a business’s growth strategy as understanding climate-related issues can help accurately assess their potential impact on an organization.
JMC presenting at the summitJMC then discussed local and global developments on sustainability reporting, as well as the highlights of SGV’s Beyond the Bottom Line: Sustainability Reporting in the Philippines publication. He discussed how publicly listed companies in the Philippines are complying with the Philippines SEC's requirements on sustainability reporting that were implemented in 2019.
Both sessions concluded with a Q&A portion where the speakers addressed the participants’ questions. The summit was part of MPIC’s commitment to elevate its sustainability initiatives across all its businesses under the group.