PH SEC Local Provisions
Submission is mandatory, with a “comply or explain approach” on the first 3 years.
Sec Memorandum Circular 4. 2019:
“…companies would be required to attach the template to their Annual Reports but they can provide explanations for items where they still have no available data on.”
“..Non-attachment of the Sustainability Report to the Annual Report shall be subject to the penalty for Incomplete Annual Report provided under SEC Memorandum Circular No. 6, Series of 2005”
*mandatory by 2023
LEARN MORE ABOUT PH SEC PROVISION
Resources
Discover the latest ESG developments and insights useful for your sustainability journey.
The ESG Reporting Frameworks and Standards: Explained
A Guide to SEC Sustainability Reporting for Philippine PLCs
Expert Tips on PSE-Compliant Sustainability Reporting
