Diokno, Legarda tell executives to factor in climate risk in corporate strategy
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 change and sustainability as only the government's priority,” Diokno told members of the Institute of Corporate Directors in a virtual conference it organized yesterday with the Institute for Climate and Sustainable Cities (ICSC) and The Climate Reality Project (TCRP) Philippines. “The COVID-19 pandemic provides [...]