PSE becomes first stock exchange to join CDP as signatory

THE PHILIPPINE Stock Exchange, Inc. (PSE) said it has become the first stock exchange to join the Carbon Disclosure Project (CDP) as a capital market signatory, a move aimed at promoting environmental disclosure and sustainable finance among listed companies.

“Our role as a capital market institution goes beyond facilitating investments,” PSE President and Chief Executive Officer Ramon S. Monzon said in a statement on Thursday. “By joining CDP, we are signaling to our listed companies and investors that environmental transparency is essential to long-term value creation.”

“We encourage all PSE-listed companies to disclose through CDP and demonstrate their commitment to sustainability,” he added.

CDP is a global nonprofit organization that operates an environmental disclosure platform used by companies, 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, as well as 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 companies disclosed environmental data through the platform, representing roughly two-thirds of global market capitalization.

By joining CDP, the PSE becomes part of a network of more than 540 financial institutions representing over $110 trillion in assets that encourage companies to disclose environmental information through the platform.

The exchange said the move supports its broader efforts to strengthen sustainability reporting and transparency in the Philippine capital market. — Alexandria Grace C. Magno