Investing in the Future
Why Do Children Matter in the Sustainability Reports of Publicly Listed Companies
Highlights
The Philippines has made strides in promoting ESG reporting. Since 2019, the Securities and Exchange Commission (SEC) has required all Publicly Listed Companies (PLCs) to submit Sustainability Reports, alongside their annual reports, in the areas of environmental impact, social responsibility and governance practices (ESG). In 2024, approximately 95% of publicly listed companies (PLCs) in the Philippines are now submitting their ESG (Environmental, Social, and Governance) reports to the Securities and Exchange Commission (SEC).
This baseline study, Investing in the Future: Why Do Children Matter in the Public Listed Companies Sustainability Reports, recognizes the integration of children’s rights in publicly listed companies’ (PLCs) sustainability reports. The study is commissioned by UNICEF, in partnership with the Securities and Exchange Commission. UNICEF reviewed 86 (around 30 per cent) publicly available 2023 sustainability reports of PLCs. The study aims to establish baseline evidence that describes child rights-related sustainability reports of PLCs. It supports UNICEF Philippines’ goal of integrating children’s rights into policies, legislation and mechanisms governing responsible business conduct.
