Valentino Bagatsing, chairman and chief executive of Investment & Capital Corporation of the Philippines (ICCP), one of the leading independent licensed investment houses in the Philippines and the flagship of the ICCP Group, underscored the need for integrating climate risk into corporate governance frameworks during the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan.
The Malaysian Pavilion invited Bagatsing to participate in a virtual panel discussion during the conference, which was supported by the Institute of Corporate Directors Malaysia (ICDM) and Climate Governance Malaysia (CGM). The ICCP Chair engaged in crucial dialogues centered on climate resilience and strategic adaptations for corporate boards.
Bagatsing discussed the significance of embedding climate considerations into key performance indicators (KPIs), cost-benefit analyses, and strategic planning. “Climate risk impacts every aspect of business and daily life,” Bagatsing said, urging companies to make sustainability a core operational priority for a resilient future.
He cited ICCP Group affiliates Science Park of the Philippines and Pueblo de Oro Development Corp. as among the early adopters in the industrial and real estate development space embedding climate adaptation features in its various projects.
