MPIC Hailed Again as a Top ESG Performer in the Asia-Pacific Region
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 climate-related 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.
MPIC is a leading infrastructure investment company with holdings in Manila Electric Company, Maynilad Water Services, Inc., MetroPac Water Investments Corporation, Metro Pacific Tollways Corporation, Metro Pacific Hospital Holdings Inc., Light Rail Manila Corporation and mWell PH.
The Company seeks to create long-term value for all its stakeholders through responsible and sustainable investments that contribute to national progress and improve the quality of life in the communities it serves.
MPIC and its group of companies are making a difference in the lives of millions of Filipinos, powering commerce and households, connecting people and places, delivering clean and safe water, and making world-class healthcare available to all.
For further information, please contact:
Melody del Rosario
VP – Public Relations and Corporate Communications, MPIC
9th Floor, Tower 1
Rockwell Business Center
Brgy. Ugong, Pasig City 1604
© 2019 Metro Pacific Investments Corporation