Regulatory Alerts2025-09-24
SEC Guidelines on Philippine Green Equity
The Securities and Exchange Commission of the Philippines issued Memorandum Circular No. 13, Series of 2025, to establish a regulatory framework for the voluntary designation of publicly listed companies as Philippine Green Equity. To qualify for this label, issuers must demonstrate that more than 50% of their revenue and investments stem from green activities, limit fossil fuel revenue to under 5%, and align with the Philippine Sustainable Finance Taxonomy Guidelines. The guidelines mandate external third-party assessments, annual public disclosures to the Philippine Stock Exchange, and outline procedures for monitoring, suspension, or cancellation of the label for non-compliance.
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