In 2026, the Philippines has reached a historic milestone in corporate transparency. National advocacy at CPA4S is no longer about “encouraging” change—it is about operationalizing mandated excellence. We work at the intersection of policy and practice to ensure that the Philippine economy remains competitive, transparent, and resilient in the face of global climate risks.

1. The 2026 Mandate: From “Comply or Explain” to PFRS S1 & S2

The core of our national advocacy is the successful implementation of SEC Memorandum Circular No. 16 (Series of 2025). As of January 2026, the Philippines has officially adopted the Philippine Financial Reporting Standards (PFRS) S1 and S2, ending the era of voluntary sustainability reporting.

• Tiered Implementation: We advocate for a fair and structured rollout. In 2026, Tier 1 companies (Market Cap > ₱50B) are leading the way, with Tiers 2 and 3 preparing for their respective 2027 and 2028 starts.
• Audit-Ready Governance: Through our partnership with various organizations, we advocate for the integration of sustainability into the formal audit process. By 2028, mandatory limited assurance on Scope 1 and 2 emissions will be the national standard.

2. Protecting Our “Places”: The Whole-of-Nation Approach

By addressing the “whole of a place”—its economy, governance, and people—we help create scalable solutions for our nation’s greatest threats.

• PEZA SuRGE Initiative: We are proud partners in the Sustainability Reporting Guide for Exporters (SuRGE). This framework is currently in its 2026 pilot stage, helping 50 major exporters to the US and EU align their operations with global ESG demands.
• Regional Resilience: Our advocacy extends to the 30 new ecozones opening in 2026, including the Palawan Mega Economic Zone. We ensure these new “growth centers” are built on a foundation of sustainable industrialization, not just rapid expansion.

3. Sustainable Finance & The 2030 Roadmap

We actively participate in the Philippine Sustainable Finance Roadmap, working with the Climate Change Commission (CCC) and the Bangko Sentral ng Pilipinas (BSP) to close the “policy gap”.

• Green Investment Vehicles: We advocate for fiscal incentives that reward companies for verified decarbonization efforts.
• The 75% Commitment: Our work supports the Philippines’ NDC goal of a 75% reduction in greenhouse gas emissions by 2030.