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Leading SEC Sustainability Reporting & ESG Compliance Consulting in the Philippines

Driving Philippine Sustainability & Responsible Business Leadership

The Philippines has established comprehensive ESG reporting requirements through the Securities and Exchange Commission (SEC) and Philippine Stock Exchange (PSE). The country’s commitment to climate action through Enhanced Nationally Determined Contributions and sustainable finance frameworks positions Filipino companies at the forefront of ASEAN’s ESG transformation.

As a leading ESG and sustainability consultant in the Philippines, Clenergize Consultants provides comprehensive advisory services helping PSE-listed companies meet SEC mandatory sustainability reporting requirements, navigate environmental regulations, and implement BSP sustainable finance frameworks. Our expertise spans ESG strategy, sustainability reporting, climate risk assessment, carbon accounting, and regulatory compliance—ensuring Philippine businesses excel in Southeast Asia’s rapidly evolving sustainability landscape.

Why ESG Compliance is Business-Critical in the Philippines

The Philippine Development Plan's focus on sustainable growth, Climate Change Act, and Renewable Energy Act demonstrate the nation's sustainability commitment. Several regulatory mandates underscore this transformation:

  • SEC Sustainability Reporting Guidelines (Mandatory) – The SEC Philippines requires all publicly listed companies to submit a Sustainability Report (SuRe Form) annually. This is a mandatory ESG disclosure mandate, aligned with GRI and partly with TCFD. All PSE-listed companies, approximately 120-150 large and mid-cap PLCs, must comply with environmental KPIs (energy/water/waste), GHG emissions (encouraged), social KPIs, human rights, supply-chain ESG, governance metrics, and sustainability strategy.
  • SEC/PSE ESG Reporting for Top Companies – Large-cap companies on the PSE (PSE Index constituents) are expected to disclose enhanced ESG and climate-related metrics, including TCFD-aligned disclosures and quantitative KPIs. Top 30-50 largest listed companies must provide climate risk disclosures, GHG emissions, scenario analysis (encouraged), materiality matrix, and sustainability governance.
  • Mandatory Environmental Impact Assessment (EIA) – DENR – The DENR requires Environmental Impact Assessments for major industrial, infrastructure, energy, and construction projects. This is mandatory for large, high-impact developments. Large industrial companies, real estate developers, infrastructure firms, energy/utilities, and mining companies, approximately 250-350 large companies, must comply with EIA study, biodiversity assessment, water & air quality monitoring, social impact assessment, community engagement, and mitigation & monitoring plans.
  • BSP Sustainable Finance Framework (Mandatory for Banks) – The Bangko Sentral ng Pilipinas requires banks to implement ESG risk management, climate risk integration, environmental & social (E&S) due diligence, and sustainability reporting. Large banks, insurers, and major financial institutions, approximately 40-60 institutions, must conduct climate & ESG risk assessment, implement sustainable finance policies, conduct stress testing (phased), measure portfolio climate metrics, and disclose E&S risks.
  • Mandatory GHG & Environmental Reporting (DENR/EMB Programs) – Through the Environmental Management Bureau, large emitters must report emissions inventories, pollution & waste metrics, and energy consumption. Large high-emitting industrial facilities in power plants, mining, manufacturing, cement, and petrochemicals, approximately 150-250 emitters, must comply with Scope 1 & 2 emissions reporting, environmental audits, pollution & waste reporting, and compliance monitoring.

Given these developments, Philippine companies that fail to adapt risk SEC penalties, investor scrutiny, PSE delisting risks, DENR project delays, and exclusion from sustainable finance and international supply chains.

Clenergize's ESG Consulting Services in the Philippines

Clenergize Consultants offers tailored ESG and sustainability advisory services designed for the Philippine regulatory environment and emerging market context. Our Philippine expertise enables clients to achieve SEC compliance, excel in PSE ESG disclosure, maintain DENR environmental compliance, and build sustainable competitive advantages across ASEAN markets.

1. SEC Sustainability Reporting (SuRe Form)

SEC mandatory sustainability reporting affects all PSE-listed companies. Clenergize's SEC sustainability services include:

  • SuRe Form Preparation – Completing SEC Sustainability Report forms with comprehensive ESG disclosures meeting regulatory requirements
  • Materiality Assessment – Conducting materiality analysis aligned with GRI standards to identify relevant sustainability topics
  • Environmental KPI Reporting – Measuring and disclosing energy consumption, water usage, waste generation, and environmental management systems
  • GHG Emissions Measurement – Calculating Scope 1 and Scope 2 emissions and establishing baseline inventories
  • Social Metrics Disclosure – Reporting employee welfare, occupational health and safety, training and development, diversity and inclusion, and community investment
  • Human Rights Due Diligence – Documenting human rights policies, risk assessments, and management approaches
  • Supply Chain ESG – Assessing and reporting supplier ESG practices, screening processes, and sustainability procurement
  • Governance Disclosure – Documenting board oversight, sustainability committees, ethics and anti-corruption programs, and stakeholder engagement
  • Sustainability Strategy – Articulating sustainability objectives, targets, and performance against strategic priorities
  • We serve PSE-listed companies across banking, property, retail, manufacturing, mining, energy, and services sectors ensuring full SEC SuRe Form compliance and best-practice disclosure.

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2. Enhanced ESG Reporting for PSE Index Constituents

Top PSE companies face heightened ESG disclosure expectations. Our enhanced ESG services include:

  • TCFD-Aligned Climate Disclosure – Implementing TCFD framework covering governance, strategy, risk management, and metrics & targets
  • Climate Risk Assessment – Identifying and analyzing physical risks (typhoons, flooding, sea-level rise) and transition risks relevant to Philippine operations
  • Scenario Analysis – Conducting climate scenario planning across multiple temperature pathways and policy scenarios
  • Complete Carbon Footprinting – Measuring Scope 1, 2, and 3 GHG emissions following GHG Protocol standards
  • Materiality Matrix Development – Creating visual materiality assessments showing stakeholder concerns and business impact
  • Sustainability Governance Enhancement – Establishing board-level sustainability committees and executive accountability
  • Quantitative ESG KPIs – Developing measurable targets across environmental, social, and governance dimensions
  • Integrated Reporting – Connecting ESG performance with financial performance and business strategy

We help PSE Index constituents and large-cap companies demonstrate ESG leadership meeting investor expectations and regulatory guidance.

3. DENR Environmental Impact Assessment Support

Major projects require comprehensive environmental approval. Clenergize's DENR EIA services include:

  • EIA Report Preparation – Conducting detailed Environmental Impact Assessments meeting DENR requirements
  • Environmental Baseline Studies – Documenting existing conditions including ecosystems, water resources, air quality, and communities
  • Impact Prediction & Assessment – Analyzing potential environmental and social impacts of proposed developments
  • Biodiversity Assessment – Conducting flora and fauna surveys and evaluating biodiversity impacts
  • Water & Air Quality Monitoring – Establishing baseline monitoring and predicting project impacts
  • Social Impact Assessment – Evaluating community impacts, displacement risks, and socioeconomic effects
  • Community Engagement – Managing public consultations, Free Prior Informed Consent (FPIC) for indigenous communities, and stakeholder feedback
  • Mitigation & Monitoring Plans – Developing Environmental Management Plans (EMP) and Environmental Monitoring Plans
  • DENR Approval Coordination – Managing EIA submission, responding to DENR comments, and securing Environmental Compliance Certificate (ECC)

We help industrial developers, mining companies, infrastructure projects, energy facilities, and real estate developments navigate DENR's environmental approval process.

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4. BSP Sustainable Finance Framework for Banks

Philippine banks face specific sustainable finance requirements. Our financial sector ESG services include:

  • ESG Risk Management Systems – Implementing frameworks for identifying, assessing, and managing ESG risks in lending and investment
  • Environmental & Social Due Diligence – Establishing E&S risk assessment procedures for credit decisions
  • Climate Risk Assessment – Identifying climate-related financial risks in loan portfolios and investment activities
  • Sustainable Finance Policies – Developing policies governing green lending, sustainable finance products, and ESG exclusions
  • Portfolio Climate Metrics – Measuring financed emissions and climate risk exposure across lending activities
  • Stress Testing (Phased) – Conducting climate scenario analysis and stress testing as BSP requirements evolve
  • Sustainable Finance Reporting – Disclosing green finance volume, sustainable lending targets, and ESG integration
  • Capacity Building – Training relationship managers and credit officers on E&S risk assessment

We serve universal banks, commercial banks, rural banks, and financial institutions implementing BSP sustainable finance framework requirements.

5. Carbon Accounting & Climate Strategy

Comprehensive carbon management supports regulatory compliance and climate leadership. Clenergize provides:

  • GHG Inventory Development – Conducting Scope 1, 2, and 3 carbon footprints following GHG Protocol and ISO 14064 standards
  • Carbon Reduction Planning – Identifying emission reduction opportunities across operations, energy use, and supply chains
  • Science-Based Targets – Developing SBTi-validated emission reduction targets aligned with Philippine NDC and Paris Agreement
  • Climate Adaptation Strategy – Building resilience to physical climate risks including typhoons, flooding, and extreme weather events
  • Net Zero Roadmaps – Creating pathways toward carbon neutrality aligned with Philippine climate commitments
  • Carbon Offset Strategy – Identifying Philippine carbon credit opportunities and international offset markets

We help Philippine companies develop credible climate strategies supporting SEC sustainability reporting, PSE ESG disclosure, and international investor expectations.

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6. Renewable Energy & Clean Energy Leadership

While ESG compliance is our primary focus in the Philippines, Clenergize brings renewable energy expertise supporting decarbonization:

  • Renewable Energy Strategy – Developing corporate renewable procurement through Retail Competition and Open Access (RCOA) and bilateral PPAs
  • Solar PV Feasibility Studies – Assessing rooftop and ground-mounted solar potential for industrial facilities and commercial buildings
  • Net Metering Program – Navigating Philippine net metering regulations for on-site solar generation
  • Renewable Energy Certificates – Sourcing Renewable Energy Certificates and International RECs for Scope 2 accounting
  • Green Energy Option Program – Accessing renewable energy through GEOP framework for corporate consumers

With renewable energy project experience across Southeast Asia, we help Philippine companies integrate clean energy into comprehensive climate strategies supporting SEC and BSP requirements.

Industry Specialization in the Philippines

Our Philippines ESG consulting serves critical sectors:

  • Banking & Financial Services – BSP sustainable finance, climate risk, ESG integration
  • Property & Real Estate – DENR EIA, green building, climate resilience
  • Retail & Consumer Goods – Supply chain sustainability, social responsibility, governance
  • Mining & Minerals – Environmental compliance, community relations, social license
  • Energy & Utilities – Emissions reporting, renewable integration, transition planning
  • Manufacturing & Industrial – Carbon management, environmental compliance, export ESG

Why Choose Clenergize for Philippines ESG Compliance?

Philippine Market Expertise

Deep understanding of SEC, PSE, DENR, and BSP requirements

Regulatory Navigation

Proven experience with Philippine environmental and financial regulations

Climate Risk Specialists

Climate Risk Specialists

Community Engagement

Experience with FPIC processes and stakeholder consultation

Multi-Disciplinary Team

ESG strategists, environmental consultants, carbon experts, and regulatory specialists

ASEAN Regional Experience

Operating across Southeast Asia with regional perspective

Partner with Clenergize for Philippines ESG Leadership

As the Philippines advances its sustainability agenda through SEC, PSE, DENR, and BSP requirements, companies need expert partners navigating evolving regulations while demonstrating sustainability leadership in Southeast Asia's dynamic emerging market.

Contact us to explore how we can help your organization achieve SEC sustainability compliance, PSE ESG excellence, DENR environmental approval success, and sustainable business leadership across the Philippines.

Our Clients

Frequently Asked Questions

SB 253, also known as the Climate Corporate Data Accountability Act, requires companies with annual revenues over $1 billion doing business in California to disclose their Scope 1, Scope 2, and Scope 3 greenhouse gas (GHG) emissions. Reporting begins in 2026 for Scope 1 and 2 emissions (covering the 2025 fiscal year) and in 2027 for Scope 3 emissions.

SB 261 requires companies with annual revenues over $500 million operating in California to disclose climate-related financial risks and their mitigation strategies. The disclosures, starting in 2026, must align with the Task Force on Climate-Related Financial Disclosures (TCFD) framework.

Scope 1: Direct emissions from owned or controlled sources (e.g., on-site fuel combustion). Scope 2: Indirect emissions from the purchase of electricity, steam, heat, or cooling.Scope 3: All other indirect emissions in a company’s value chain, including supply chain emissions, transportation, and product lifecycle emissions.

Non-compliance will result in penalties from the California Air Resources Board (CARB). SB 253: Fines up to $500,000 per reporting year. SB 261: Fines up to $50,000 per reporting year. Additionally, companies risk reputational damage and potential loss of investor confidence.

Clenergize Consultants provides:

  • Expertise in measuring and reporting Scope 1, 2, and 3 emissions
  • Guidance on climate risk assessments and mitigation strategies aligned with TCFD.
  • Support with implementing data collection systems and ensuring reporting accuracy.
  • Assistance with third-party verification and assurance for compliance.
  • Tailored solutions to integrate carbon disclosures into broader ESG strategies.
  • Access to our proprietary digital platform Clenergize ESG+ to monitor your carbon footprint and ESG strategy.

For further queries please contact us on info@clenergize.com

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