MANILA  -The Securities and Exchange Commission (SEC) is crafting new guidelines aimed at enhancing the country's corporate sustainability framework in a bid to to boost the Philippine capital markets. SEC commissioner Kelvin Lester Lee, who oversees markets and securities regulation, said ongoing projects include the Philippine taxonomy for sustainable finance, which could be finalized and ready for implementation in the latter part of 2024. Lee, who is also part of the Asean Taxonomy Board, said the goal was to come out with a set of guidelines and definitions that could help unlock billions of pesos in new sustainable and social investments.

https://business.inquirer.net/413877/sec-readies-new-rules-to-lure-esg-focused-funds

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