Manila Water Company, an Ayala-led corporation was the very first listed company to publish a sustainability report in the Philippines. In 2007, Manila Water was also the Client Leadership Awardee of the International Finance Corporation.
It’s experience is inspiring the other Ayala companies to embark on a sustainability journey. A little blue bird tells me that in 2013, the Ayala group will be publishing its GRI-based sustainability report with an assurance statement, and probably at A level of application. It’s about time. For a moment, I thought they were lagging in sustainability leadership as energy giants Energy Development Corporation of the Lopez Group and Petron Corporation of the San Miguel Group have been shaping the practice in the Philippines.
In the next blog, we feature the sustainability video of Energy Development Corporation. Stay tuned.
Disclaimer: This blog post reflects the personal view of the author and not of the companies mentioned herein.