PSE becomes first stock exchange to join CDP

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MANILA, Philippines – The Philippine Stock Exchange (PSE) became the first stock exchange to join CDP as a capital markets signatory, promoting greater sustainability reporting among listed firms.

In a statement on Thursday, the local bourse said the partnership reinforces efforts to promote sustainable finance and corporate transparency in the Philippine capital market.

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CDP is a global non-profit organization that operates what it describes as the world’s only independent environmental disclosure system. The platform has been helping companies, investors and governments measure and disclose environmental impacts for the past 25 years.