Private sector told: “walk the talk” on sustainability, ESG in corporate strategy

2021-11-16T17:03:41+08:0012 Nov 2021|Tags: , , , , , , , , |

MAKATI, 12 November 2021 -- Although sustainability has become the core priority of today’s corporate boards, the need for directors to enhance accountability and operationalize  environmental, social and corporate governance (ESG) principles in leadership strategies has outpaced performance. For companies looking to establish their presence for the long-haul, this can only pave the way for a [...]

Private sector urged to support local climate resilience and 1.5 degree Paris goal

2021-11-05T18:32:49+08:0005 Nov 2021|Tags: , , , , , , , , , , , , , , , |

MAKATI, 05 November 2021 -- Corporate directors in the Philippines explored opportunities to accelerate climate action and resilience in coastal communities, as world leaders underscore greater climate action from the private sector in the ongoing climate talks in Glasgow. Business officials were presented with corridors where they could contribute to meeting the country’s Nationally Determined Contribution [...]

Rapid PHL energy transition best for faster economic recovery – private sector

2021-10-29T22:50:17+08:0029 Oct 2021|Tags: , , , , , , , , , |

MAKATI, 29 October 2021 -- Corporate directors stress the urgency to fast track the energy transition in the country, heeding the Code Red warning issued by the Intergovernmental Panel on Climate Change (IPCC) earlier this year. “Evidence clearly shows even before the pandemic that coal has been intermittent and unreliable. As households and the private sector [...]

PH banks seek policy guide on financing shift to ‘green energy’ projects

2021-08-25T14:36:11+08:0025 Aug 2021|Tags: , , , , , , , , , , , |

by Myrna Velasco | August 25, 2021 | Published by Manila Bulletin | READ THE STORY HERE Energy officials have been casting the country as a ‘mecca for green energy investments’, but one vital anchor to that is project financing, hence, major local banks are seeking policies that will guide them on the shift of financial [...]

Philippines needs to address policy gap for financing RE debts

2021-08-25T14:19:49+08:0023 Aug 2021|Tags: , , , , , , , |

by Danessa Rivera | August 23, 2021 | Published by Philstar.com | READ THE STORY HERE MANILA, Philippines — The Philippines needs to address the policy gap for financing renewable energy (RE) developments to be able to reach its clean energy capacity and energy transition targets as this gap has kept projects from getting to shovel [...]

BDO, BPI, DOE call to bridge clean energy financing gap

2021-08-24T17:37:41+08:0020 Aug 2021|Tags: , , , , , , , , , , , , , , |

VIEW EVENT AND RESOURCES PAGE MAKATI, 20 August 2021 -- Banco de Oro (BDO) Capital and Investment Corporation and the Bank of the Philippine Islands (BPI) today called for the shift of financial flows towards the 1.5 degrees Celsius global warming threshold of the Paris Agreement in order to address climate and energy transition [...]

Diokno, Legarda tell executives to factor in climate risk in corporate strategy

2020-10-30T15:13:02+08:0030 Oct 2020|Tags: , , , , , , , , , , , , |

MAKATI CITY, 30 October 2020 -- Bangko Sentral ng Pilipinas (BSP) governor Benjamin Diokno and House deputy speaker Loren Legarda challenged executives to integrate the physical and transition risks brought about by climate change in their planning and decision-making. “The financial sector holds a unique position in advancing the sustainability agenda. We cannot leave climate [...]

Private sector pushes for sustainability: ICD to hold webinars with ICSC, Climate Reality PH

2020-10-12T16:13:23+08:0012 Oct 2020|Tags: , , , |

PRESS RELEASE Private sector pushes for sustainability: ICD to hold webinars with ICSC, Climate Reality PH   MAKATI, 12 October 2020 -- The Institute of Corporate Directors (ICD), in partnership with the Institute for Climate and Sustainable Cities (ICSC) and The Climate Reality Project (CRP) Philippines, is having a three-part webinar series on sustainability this October [...]