THE PHILIPPINE Stock Exchange, Inc. (PSE) said it has change into the primary stock exchange to hitch the Carbon Disclosure Project (CDP) as a capital market signatory, a move aimed toward promoting environmental disclosure and sustainable finance amongst listed firms.
“Our role as a capital market institution goes beyond facilitating investments,” PSE President and Chief Executive Officer Ramon S. Monzon said in an announcement on Thursday. “By joining CDP, we’re signaling to our listed firms and investors that environmental transparency is crucial to long-term value creation.”
“We encourage all PSE-listed firms to reveal through CDP and show their commitment to sustainability,” he added.
CDP is a worldwide nonprofit organization that operates an environmental disclosure platform utilized by firms, investors and governments to report and assess environmental impacts.
The platform aligns with global reporting standards and incorporates recommendations from the Task Force on Climate-Related Financial Disclosures, in addition to elements of the European Sustainability Reporting Standards and the Taskforce on Nature-Related Financial Disclosures.
CDP’s questionnaires cover climate change, water security, forests, plastics and ocean-related impacts.
In 2025, about 22,100 firms disclosed environmental data through the platform, representing roughly two-thirds of worldwide market capitalization.
By joining CDP, the PSE becomes a part of a network of greater than 540 financial institutions representing over $110 trillion in assets that encourage firms to reveal environmental information through the platform.
The exchange said the move supports its broader efforts to strengthen sustainability reporting and transparency within the Philippine capital market. — Alexandria Grace C. Magno