Advertisement

MPIC links up with UNGC, SASB

Metro Pacific Investments Corporation (MPIC) recently threw its support behind two alliances, geared towards strengthening global standards of monitoring the sustainability initiatives of corporations.

MPIC links up with UNGC, SASB

MPIC confirmed participation in both the United Nations Global Compact (UNGC), the largest corporate sustainability initiative aimed to align strategies and operations with universal principles on good governance and ethical business practices; and the Sustainable Accounting Board Alliance (SASB), a program for organizations and individuals that support the need for more cost-effective sustainability disclosure.

MPIC president and chief executive officer Jose Ma. K. Lim, affirmed its responsibility to the UNGC’s ten principles to meet fundamental responsibilities in the four areas: human rights, labor, environment, and anti-corruption; and to take strategic actions to advance broader societal goals.

“Metro Pacific’s businesses aim to create shared value between us and our stakeholders, with ESG involvement chiefly becoming a priority,” explained MPIC Chairman Manuel V. Pangilinan.

“Our commitment to SASB attributes more credibility to the corporation in the interest of new and existing investors.”

Shown in photo is the MPIC sustainability team headed by CFO Chaye Cabal-Revilla with the SASB membership and engagement team.

Topics: Metro Pacific Investments Corporation , United Nations Global Compact , Sustainable Accounting Board Alliance
COMMENT DISCLAIMER: Reader comments posted on this Web site are not in any way endorsed by Manila Standard. Comments are views by manilastandard.net readers who exercise their right to free expression and they do not necessarily represent or reflect the position or viewpoint of manilastandard.net. While reserving this publication’s right to delete comments that are deemed offensive, indecent or inconsistent with Manila Standard editorial standards, Manila Standard may not be held liable for any false information posted by readers in this comments section.
AdvertisementKPPI
Advertisement