• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » PEZA to launch sustainability reporting this 2023

PEZA to launch sustainability reporting this 2023

PEZA to launch sustainability reporting this 2023
Photo from PEZA

MANILA, PHILIPPINES — The Philippine Economic Zone Authority (PEZA) is set to introduce sustainability reporting among its registered business enterprises (RBEs) as part of the agency’s updated memorandum of understanding (MOU) with the Global Reporting Initiative (GRI).

According to PEZA Officer-in-Charge Tereso Panga, “This MOU aims to contribute to the acceleration and achievement of the Sustainable Development Goals and the advancement of sustainability reporting in the Philippines especially within the ecosystem of export-oriented locators in PEZA.”

Complying with GRI’s requirements can also be a source of competitiveness for the country in attracting FDIs (foreign direct investments) and in enhancing regulatory compliance. 

“Many advanced and developing economies subscribe to these principles to be able to measure the impact of FDIs on the host countries toward inclusive, resilient, and sustainable development,” added Panga. 

With the updated MOU, PEZA will hold a roundtable discussion with RBEs in the first quarter of the year to get recommendations from its locators as it targets to issue a memorandum circular on sustainable trade and investments guidelines.

 

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image