Memberships and Institutional Alliances

GRI 102-12

MPIC values its partnership with leading institutions of globally recognized sustainability principles and standards.

Sustainability Accounting Standards Board (SASB)

SASB provides industry-specific sustainability disclosure standards that are useful in making decisions related to integrating ESG issues that impact on investments. It enables companies to gain access and contribute to current global best practices in measuring, managing, and  communicating material sustainability information. The SASB Alliance is a growing movement of organizations that believe standardized, industry-specific, and materiality-based standards help companies and investors adapt to the market’s expectations. Organizational Members benefit from member convenings, insights on best practices and related resources. It is focused on providing education and resources related to the SASB Standards, one of the three resources offered by the Value Reporting Foundation.

MPIC is the first Conglomerate member of the SASB Alliance.

United Nations Global Compact (UNGC)

UNGC is a voluntary corporate sustainability initiative that provides businesses with a set of universally accepted sustainability principles and value system to guide business policies, procedures, and day-to-day practices. It helps companies identify and advance strategic and urgent action that contribute to achieving its social mission and the UN Sustainable Development Goals (SDG). As a Participant to the UNGC, MPIC has access to other Global Compact
Participants in over 160 countries which enable the Company to share best practices and emerging solutions. MPIC was elected as a Member of the Board of Trustees in the Global Compact Network Philippines.

Task Force on Climate-Related Financial Disclosures (TCFD)

The Financial Stability Board established the TCFD to develop recommendations for more effective climate-related disclosures that could promote more informed investment, credit, and insurance underwriting decisions and, in turn, enable stakeholders to understand better the  concentrations of carbon-related assets in the financial  sector and the financial system’s exposures to climate related risks.

MPIC is one of the pioneer companies in the Philippines to become a TCFD Supporter.

Carbon Disclosure Project (CDP)

CDP is a not-for-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. The world’s economy looks to CDP as the gold standard of environmental  reporting with the richest and most comprehensive dataset on corporate and city action.

MPIC has been the first and only CDP Supporter in the Philippines since 2019.

International Framework and Integrated Thinking Principles

The International <IR> Framework and Integrated Thinking Principles have been developed to advance communication about value creation, preservation and erosion. Integrated reporting aims to improve the quality of information available to providers of financial capital to enable a more efficient and productive allocation of capital and promote a more cohesive and efficient approach to corporate reporting.

The <IR> Business Network is a global flagship programme of the Value Reporting Foundation for engaging with leading organizations around the world committed to furthering integrated thinking, strategy and reporting. MPIC is the first and only Company from the Philippines to become a member of the <IR> Business Network.

Task Force on Nature-Related Financial Disclosures (TNFD)

The TNFD is a global, market-led initiative with the mission to develop and deliver a risk management and disclosure framework for organisations to report and act on evolving nature-related risks, with the ultimate aim to support a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes.
MPIC became the pioneer company in Southeast Asia to be a member of the TNFD Forum, a global multi-disciplinary consultative group of institutions with over 350 members that plays a crucial role in the development of the framework.

Accounting For Sustainability (A4S)

Established by HRH The Prince of Wales, A4S aims to make sustainable business, business as usual. It aims to inspire action by finance leaders to drive a fundamental shift towards resilient business models and a sustainable economy and transform financial decision making to enable an integrated approach, reflective of the opportunities and risks posed by environmental and social issues.

MPIC is the first Philippine Company to sign the A4S CFO Net Zero Statement of Support and is also a Founding Member of its CFO Leadership Network.

Business for Social Responsibility (BSR)

BSR is an organization of sustainable business experts that works with its global network of the world’s leading  companies to build a just and sustainable world. With offices in Asia, Europe, and North America, BSR provides insight,  advice, and collaborative initiatives to help companies see a changing world more clearly, create long-term business value, and scale impact. BSR members have access to a powerful global network of member companies, thought leaders, peers, and stakeholders – all focused on creating viable sustainability solutions.

MPIC is an Associate Member of BSR.

Global Listed Infrastructure Organization (GLIO)

GLIO is the representative body for the $3 trillion market capitalization listed infrastructure asset class. GLIO raises  investor awareness for the asset class through research,  education, events and promotion.

MPIC is a Corporate Member in GLIO.