Philippines
2024
- 5Active policies mapped
- 3Disclosure
- 2Transition planning
- 1Public procurement
Domain Assessment
The Monitor assesses how ambitious, comprehensive, and stringent net zero regulations and policies are across different jurisdictions and domains, considering up to 265 data points for each policy tool.
Please hover over a table column to see a description
| Climate-related disclosure | Criteria not fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria not fulfilled | Criteria not fulfilled | Criteria fulfilled | Criteria not fulfilled |
|---|---|---|---|---|---|---|---|---|---|
| Transition planning | Criteria not fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria not fulfilled | Criteria fulfilled | Criteria not fulfilled |
| Public procurement | Criteria fulfilled | Criteria not fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria fulfilled | Criteria not fulfilled | Criteria not fulfilled |
Legend
- - Criteria fulfilled
- - Criteria not fulfilled
Policy Tool Assessment
5 policy tools
Our law firm network identifies and analyses policy tools relevant to each domain to allow the Monitor to assess their ambition, stringency, and comprehensiveness.
| Policy Tool Name | Domain | Year in force | Net zero aligned | Domain ambition 1 | Domain ambition 2 | Mandatory | Enforceable | Data transparency & verification | Variety of targeted entities / activities | Scope 3/non-carbon GHGs | Offsets |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Energy Efficiency and Conservation Act (Republic Act No. 11285 -11-0014) | TP | 2019 | No | Yes | No | Yes | Yes | Yes | No | No | No |
| National Inquiry on Climate Change Report (Commission on Human Rights) | D, TP | 2022 | No | Yes | Yes | No | No | No | No | Yes | No |
| New Government Procurement Act (Republic Act No. 12009) | PP | 2024 | Yes | No | Yes | Yes | Yes | Yes | Yes | No | No |
| Sustainability Reporting Guidelines for Publicly-Listed Companies (Securities and Exchange Commission (“SEC”) Memorandum Circular No. 4, Series of 2019) | D | 2019 | No | No | Yes | Yes | Yes | No | No | Yes | No |
| Sustainable Finance Framework (BSP Circular Nos. 1085, 1128 and 1149) | D | 2020 | No | No | Yes | Yes | Yes | No | No | No | No |
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Legal Expert Network
SyCip Salazar
Domains covered:
- Disclosure
- Transition Planning
- Public Procurement
Authors
- Jose Florante M. Pamfilo (Lead)
- Catherina M. Fernandez (Lead)
- Rafael Miguel A. Hernandez
- Reina Marie M. Cayanong
- Franco Luis G. Lopez
- Lourd Marc Andrew D. Parong
- Patricia E. Ramos
