IDF holds sustainability reporting seminar in Manila

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In line with ADFIAP’s advocacy on sustainable development, the Asia-Pacific Institute of Development Finance, ADFIAP’s professional training and career development center, held for the first time, on July 28 to August 1, 2008, the International Seminar-Workshop on Sustainability Reporting: Enhancing Corporate Brand and Reputation through Sustainability Performance Management Reporting, in Manila, Philippines. This event was participated in by 15 participants from Fiji, India, Korea and the Philippines representing development and commercial banks, private accounting practitioners, service company, multinational electronic company and an NGO.

Based on the Global Reporting Initiatives, the seminar was the first public course conducted in the Philippines. Corporate sustainability reporting is an increasing trend worldwide that is being fueled by the growing clamor from the investment company, civil society and stakeholders for companies to publish their report along the triple bottom lines of economic, environment and social performance. Other factors driving sustainability reporting, which were among the issues taken up during the seminar, include the increasing regulations for non-financial disclosures, risk reduction and reputation management, competitiveness and leverage, image and brand, customer and community communication, and employee relations.

The resource person of the seminar was Ms. Fatima Reyes, a widely recognized expert in sustainability management and reporting, environmental accounting and management system.

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