Strengthening Metro Pacific’s ESG disclosures for investors
Metro Pacific Investments Corporation sought to strengthen its approach to ESG, particularly as part of its investor engagement practices
Challenge
A leading infrastructure conglomerate in the Philippines that serves millions of people each day, Metro Pacific Investments Corporation (MPIC) sought to strengthen its approach to ESG, particularly as part of its investor engagement practices. Understanding the need for a fresh perspective to further improve their ESG reporting, MPIC sought to make its disclosures more streamlined and robust and key messages more concise and audience-appropriate for the investment community.
Solution
After having first been invited to review their reporting baseline, MPIC also invited TPB to assist the company in preparing their full 2017 sustainability report. The result of this report led to multiple engagements to strengthen overall ESG disclosures, such as continued training, capacity building and investor-focused reporting. With expertise in managing data across various operating companies in accordance with the Global Reporting Initiative (GRI) Standards, TPB developed the narrative that well-positioned MPIC’s contributions to sustainable development, and anchored the report to comprehensively address investor expectations.
TPB also worked with MPIC in its first CDP and Dow Jones Sustainability Index (DJSI) submissions, equipping the investor relations team with the capacity to manage disclosures in the coming years. In addition, TPB provided ESG training for key decision-makers across MPIC’s operating companies.
Impact
Over the course of multiple engagements, MPIC has strengthened its ESG disclosures and fulfilled requirements across GRI, CDP and DJSI. This enables their reporting to be responsive to key audiences and communicate their material impacts, risks and opportunities. Better navigating the universe of ESG investment frameworks, MPIC also participated in CDP and DJSI for the first time in 2018, and will continue to disclose its impacts on climate change on these platforms.
TPB celebrates its continuous partnership with MPIC to further advance its ESG reporting and disclosure.