MPIC Joins HRH The Prince of Wales’s Exclusive A4S Roundtable
Photographs taken on Tuesday, 1st March 2022 at St. James’s Palace, during an A4S roundtable hosted by HRH The Prince of Wales.
From left to right, clockwise: MPIC CFO, CRO, and CSO Chaye A. Cabal-Revilla meets with HRH The Prince of Wales during an A4S Roundtable at St. James’s Palace. Ms. Chaye A. Cabal-Revilla also met with Chanel CFO Philippe Blondiaux, International Organization of Securities Commissions Chairman for Sustainable Finance Task Force Erik Thedéen, Burberry COO Julie Brown, and Bank of America Vice Chair Paul Donofrio.
Makati, Philippines, 3rd March 2022 – Metro Pacific Investments Corporation (MPIC), the country’s leading infrastructure investment company, was invited to an exclusive Accounting for Sustainability (A4S) Roundtable on sustainability reporting, hosted by HRH The Prince of Wales.
Represented by its Chief Finance, Risk, and Sustainability Officer Chaye A. Cabal-Revilla, MPIC joined various finance leaders from around the world, including other members of the A4S CFO Leadership Network, to shape the convergence and adoption of common goal sustainability metrics and standards. Held at St. James’s Palace last March 1, the roundtable served as an avenue for the network to talk about the next steps for the essential ‘plumbing’ needed to enable sustainable decision making.
Though a significant milestone was reached in 2021 with the establishment of the International Sustainability Standards Board, the group believes that there is further progress required to shape resulting standards and support global alignment.
“We at MPIC have taken significant strides towards reinforcing our sustainability thrust and our inclusion in networks such as A4S elevate our knowledge of how best to integrate it into our corporate DNA,” says Cabal-Revilla. “Being part of this network under someone as passionate for the cause as HRH The Prince of Wales has further strengthened our purpose to put sustainability at the heart of what we do.”
Established in 2004 by HRH The Prince of Wales, A4S aims to make sustainable business, business as usual. The organization works with the finance and accounting community to inspire finance leaders to adopt sustainable and resilient business models, transform financial decision making to reflect the opportunities and risks posed by the climate crisis and other environmental, social, and governance (ESG) factors, and scale up action to transition to a sustainable economy.
MPIC joined the A4S Chief Financial Officers Leadership Network’s new Asia-Pacific Chapter as one of its founding members. The global CFO Leadership network is a unique group of over 60 CFOs from large organizations representing over US$20.7 trillion in combined total assets, with members having a commercial presence across 200+ countries. It brings together CFOs and their teams to develop and scale up adoption of practical approaches which embed social and environmental risk and opportunity into the heart of strategic planning and decision-making processes.
MPIC’s participation in A4S is aligned with its commitment to contribute to the achievement of the United Nations Sustainable Development Goals, particularly 17 Partnership for the 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.
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