Sustainability Reporting Guidelines for Publicly-Listed Companies

February 15, 2019SEC MEMORANDUM CIRCULAR NO. 04-19TO:Publicly-Listed Companies   SUBJECT:Sustainability Reporting Guidelines for Publicly-Listed Companies To promote sustainability reporting and make it relevant for Philippine publicly-listed companies (PLCs), the Commission, in its en banc meeting on 12 February 2019, resolved to issue the Sustainability Reporting Guidelines for Publicly-Listed Companies attached to this Memorandum Circular. The Guidelines is intended to help PLCs assess and manage non-financial performance across Economic, Environmental and Social aspects of their organization and enable PLCs to measure and monitor their contributions towards achieving universal targets of sustainability, such as the United Nations Sustainable Development Goals, as well as national policies and programs, such as AmBisyon Natin 2040.Submission with SEC Form 17-AThe reporting template (Annex A of the Guidelines) shall be submitted together with the company's Annual Report (SEC Form 17-A).The first report shall be attached to the 2019 Annual Report to be submitted in 2020.For companies who already have sustainability reports in accordance with internationally recognized frameworks and standards, their reports shall already be considered as their compliance with the reporting template. Companies...