SGV Partner Benjamin N. Villacorte talks about public sector sustainability reporting in ADB PFM panel discussion

SGV Climate Change and Sustainability Services (CCaSS) Partner Benjamin “Benjie” N. Villacorte was a panelist at the Asian Development Bank’s Gender Equality and Climate Resilience: Role of Public Financial Management (PFM) event on 7 November 2023. Benjie participated in the panel discussion on Improving climate outcomes through PFM. Over 80 ADB staff attended the hybrid event.

 

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(From left to right) Moderator Tahmeen Ahmad with Panelists Yoko Watanabe, Benjie Villacorte, Antonio Blasco, and Srinivas Gurazada

 

Benjie talked about the landscape of sustainability reporting in the Philippines’ private sector and discussed the standards and sample disclosures that the industry reports on. He also shared how the public sector may learn valuable lessons from the experiences of the private sector on sustainability reporting and in terms of establishing clear sustainability goals, integrating sustainability into core processes, engaging with stakeholders, utilizing technology, adopting reporting frameworks, and embracing knowledge sharing. 

 

Other panelists were Climate Change, Resilience and Environment Cluster (CCRE) Environment Director Yoko Watanabe and Public Expenditure and Financial Accountability (PEFA) Secretariat Head Srinivaz Gurazada and PEFA Senior Governance Specialist Antonio Blasco. ADB Procurement, Portfolio, and Financial Management Department (PPFD) Senior Tahmeen Ahmad served as the moderator. ADB PPFD Director General Aman Trana gave the closing remarks. 

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