SEC holds sustainability roadshow in Baguio City
-Art Dumlao- — September 28, 2024
BAGUIO CITY (September 19, 2024) – State regulatory body Securities and Exchange Commission (SEC) with the United Nations Development Programme (UNDP), through the Accelerating Green and Climate Finance (ACGF), held the SEC Small and Medium Industries and Large Enterprises Embracing Sustainability (SMILEES) Roadshow in Baguio City on Wednesday here.
ACGF is a project being funded by the Government of Canada.
The Baguio leg was the third installment of a series of sustainability roadshows launched by the SEC in Cebu in March, and subsequently held in Davao last June, said SEC Baguio Extension Office Director Regina May M. Cajucom-De Guzman.
The SEC SMILEES Roadshow, she explained, seeks to promote sustainable practices among Small, Medium, and Large Enterprises (SMLEs) “by fostering awareness, capacity building, developing measuring tools, establishing effective monitoring schemes, and giving the participants the opportunity to share and learn from each other on sustainability practices through interactive sessions.”
The SEC Baguio Roadshow showcased the sustainability-related initiatives of the Local Government Unit (LGU) of Baguio City and a panel discussion with testimonials from Baguio-based entrepreneurs that feature sustainability practices in their business operations.
“Sustainability is about making choices for a long-term impact on the environment, society, and economy,” Director Rachel Esther J. Gumtang-Remalante of the SEC Corporate Governance and Finance Department said in her introductory remarks during the roadshow.
“We envision that sustainability is not just a matter of awareness but a standard practice of SMLEs,” she added.
The SEC SMILEES Roadshow aims to embed sustainability concepts among SMLEs while gearing toward a greener capital market and sustainable future.
The speakers of the SEC SMILEES Baguio Roadshow included Director Gumtang-Remalante; Director Cajucom-De Guzman; UNDP Sustainable Development Goals Specialist Aljo Quintans; Global Reporting Initiative Country Manager Ma. Katreena Pillejera; UNDP-AGCF Project Management Specialist Joseph Eijansantos; and Baguio City LGU’s City Environment and Parks Management Office Representative Sofronio R. Pascua.
