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Financial reporting to sustainability reporting

THE Philippines is one of the countries that are most vulnerable to all kinds of natural disasters. Every year, we expect strong storms to come and when they do, a lot of people are displaced and properties and livelihoods are damaged. In the worst case, lives are lost.

The effects of climate change and global warming have become more evident. Just this May, we experienced record-breaking local temperatures ranging from 39 to 55 degrees Celsius. Heat waves, flash floods and landslides are not just confined to the Philippines — we see the same phenomena (as well as forest fires, hurricanes and more) all over the globe.