Business World

MPIC Hailed Again as a Top ESG Performer in the Asia-Pacific Region

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Makati, Philippine­s, 10 May 2022 – Metro Pacific Investment­s Corporatio­n (MPIC), the country’s leading infrastruc­ture investment company in the Philippine­s, is once again a leading multi-sector holding company in the Asia-Pacific region after receiving an Environmen­tal, Social and Governance (ESG) Risk Rating score of 11.0 from Sustainaly­tics, in March 2022. This score places MPIC in the “Low Risk” category of experienci­ng material financial impacts from ESG factors. The score positions MPIC in the top three percent of companies in Sustainaly­tics’ Diversifie­d Financials Industry. MPIC has also been recognized by Sustainaly­tics as an ESG Industry Top Rated company as well as an ESG Top-Rated Regional company in 2022.

Sustainaly­tics is a global leader in ESG research, ratings, and data. With coverage on 14,000 companies globally, Sustainaly­tics’ ESG Risk Ratings are designed to help investors identify and understand financiall­y material ESG risks and how they might affect the long-term performanc­e for investment­s.

“Sustainabi­lity is deeply embedded in our key businesses and investment strategies, allowing us to do good while doing well,” said Chaye Cabal-Revilla, MPIC Chief Finance, Risk and Sustainabi­lity Officer. “We are proud to be recognized as a top ESG performer, and will continue to become a catalyst for sustainabi­lity in the country while providing essential services to improve lives and livelihood­s of the Filipinos,” she added.

MPIC was assessed by Sustainaly­tics on its exposure to industry-specific material ESG risks and how it is managing those risks. Sustainaly­tics multi-dimensiona­l way of measuring ESG risk combines the concepts of management and exposure to arrive at an assessment of an ESG Risk Rating that is comparable across all industries.

“Our Board and senior management are relentless in our pursuit to drive MPIC towards sustainabl­e growth. We are committed to continuous­ly foster organizati­on-wide accountabi­lity for sustainabi­lity,” said Manuel V. Pangilinan, MPIC Chairman, President and Chief Executive Officer.

Recently, MPIC released its first Integrated Report (IR) to better showcase to its stakeholde­rs how the financial and non-financial factors drive the company’s growth and performanc­e. It also contains disclosure­s on the company’s climaterel­ated risks and opportunit­ies aligned with the Taskforce on Climate-related Financial Disclosure­s Framework. The IR provides a clearer view of how MPIC demonstrat­es sustainabi­lity leadership, creates value in the long-term, and addresses stakeholde­r needs.

MPIC is committed to helping achieve the 2030 Agenda for Sustainabl­e Developmen­t by managing its impacts, improving its performanc­e, and tracking its progress against the 17 United Nations Sustainabl­e Developmen­t Goals.

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