The Philippines and the sustainable road ahead
01 November 2018

​As recently as 15 years ago, sustainability was not a word widely used in the Philippines. Even in the most sustainability oriented circles. There was talk about social entrepreneurship, disaster risk reduction and management, waste management, even clean air, but sustainability as a common thread was not as prominent. 
Moreover, it was barely discussed outside of government and academia. But how things have changed. It is clear that the country is on a journey towards sustainability, with a vision of growth and prosperity, where the private sector is playing an important part. 

With the support of Australia’s Department of Foreign Affairs and Trade - or DFAT, GRI launched its program, “Sustainable Trade and Investment through Reporting in the Indo-Pacific – or STIR Indo-Pacific. The program targets five developing countries (Bangladesh, Indonesia, Philippines, Sri Lanka, and Vietnam) and seeks to contribute to greater stability and poverty alleviation in the Region via smart policies that increase market transparency, and promoting supply chain transparency that is built on domestic capacity for reporting.

As part of this program, GRI Partnered with SM Investments Corp. to host the GRI Sustainability Summit - Together towards a Sustainable Philippines. The event gathered private and public sector leaders to discuss the role of private sector in achieving the SDGs and the business case of sustainability reporting. Top global and local sustainability thought leaders came together to inspire the private sector to adopt sustainable strategies in their business operations. 

Sustainabilty practitioners were able to build and improve their capacity, skills, and knowledge on corporate transparency for sustainable business decision-making.