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Sunday, November 24, 2024

SEC bags UN top honors for sustainability reporting

The Securities and Exchange Commission said it received another recognition from the United Nations Conference on Trade and Development for promoting sustainability and sustainable development goals reporting in the Philippines.

The SEC received the ISAR Honours 2022 in the national category during a ceremony held at the Palais des Nations in Geneva on Nov. 2, besting 45 other organizations from other countries.

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It shared the stage with World Bank and International Finance Corp., UN Global Compact and World Economic Forum, which received the same award in the international category.

The commission previously received the ISAR Honours 2019 for promoting sustainability and SDG reporting by requiring publicly-listed companies to submit sustainability reports annually.

The ISAR Honours recognizes policy, institutional and capacity-building initiatives, publicly available at the national or international level, that encourage and assist enterprises to publish data on their contribution to SDG implementation and that assist governments in collecting such data for SDG monitoring needs.

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