10 Questions
What approach did the SEC's Sustainability Reporting Guidelines adopt for the first three years upon implementation?
Comply or explain approach
How is sustainability defined based on the Guidelines?
Development meeting present needs without compromising future generations' ability to meet their own needs
What does the concept of sustainability focus on in relation to a company's impacts, risks, and opportunities?
Economic, environmental, and social impacts
What does sustainability involve in terms of resource usage and waste emissions?
Using resources at a rate that allows them to be replenished and confining waste emissions to absorbable levels
Who first coined the phrase 'the triple bottom line'?
John Elkington
What does the triple bottom line aim to measure?
Financial, social, and environmental performance
What does the Sustainability Reporting Framework for Philippine PLCs build upon?
GRI, IIRC, SASB, TCFD
What is required in terms of disclosure regarding the United Nations Sustainable Development Goals (SDGs)?
How companies contribute to the SDGs through their products and services
What is the purpose of the Task Force on Climate-related Financial Disclosure (TCFD)?
To provide a framework for disclosing climate-related financial risks and opportunities
What is the universal call to action represented by the Sustainable Development Goals (SDGs)?
To end poverty, protect the planet, and ensure peace for all
Test your knowledge of sustainability reporting guidelines for publicly listed companies in the Philippines with this quiz. Explore the SEC's Memorandum Circular No. 4, series of 2019, and understand the comply or explain approach. Evaluate your understanding of sustainability and its role in meeting present needs while preserving resources for future generations.
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