THE Philippines' sustainability landscape is fast evolving. As 2024 comes to an end, here's a rundown of sustainability regulations issued this year and the expected regulatory changes that businesses should look out for in 2025 and beyond. Since the Securities and Exchange Commission (SEC) introduced its Sustainability Reporting Framework in 2019, there has been a notable increase in compliance, with 95 percent of listed companies now reporting on their sustainability initiatives. This year, the SEC released the revised Sustainability Reporting (SuRe) Form, adding climate-related physical and transition risk assessments, financial impact analysis and climate adaptation plans over the short-, medium- and long-term horizons. The form fully integrates the International Sustainability Standards Board's International Financial Reporting Standards (IFRS) modules S1 and S2, boosting the country's competitiveness on the global stage.   https://www.manilatimes.net/2024/12/30/business/top-business/sustainability-agenda-key-regulations-and-what-lies-ahead/2028226 (ICE SINGAPORE)

Fonte notizia: The Manila Times, 30 December 2024