MPIC Tops Global Finance Awards

Metro Pacific Investments Corporation (MPIC), the Philippines' leading infrastructure investment firm, won the most coveted Finance for the Future Award for “Embedding an Integrated Approach (Listed Companies)” at the 10th Finance for the Future Awards.

Photo Insert: This honor highlights Metro Pacific Investments Corporation's role as the largest catalyst for a Sustainable Philippines, aiming to enhance people's lives in the country by providing basic services and mobilizing advocacy that improves the quality of life for all Filipinos.

The Finance for the Future Awards, a collaboration between Accounting for Sustainability (A4S), Deloitte, and the Institute of Chartered Accountants in England and Wales (ICAEW), acknowledged organizations and individuals who encourage the integration of Environment, Social, and Governance (ESG) frameworks into financial decision-making. The award was announced last October 4.

“People, planet, and long-term impact are at the core of our work,” says MPIC Chairman, President, and CEO Manuel V. Pangilinan.

“We view this as an obligation to future generations of Filipinos. We will never stop pursuing sustainable growth,” Pangilinan stressed.

MPIC topped seven other multinational and equally competitive publicly-traded companies from around the world in a three-stage judging process.

The Finance for the Future Awards reflects MPIC's efforts to contribute to the United Nations Sustainable Development Goals (SDG), specifically SDG 12 Responsible Consumption and Production's Target 12.6, which encourages companies to adopt sustainable practices and incorporate sustainability information into their reporting cycle.

The Finance for the Future Awards, established in 2012, reward financial leadership in driving sustainable economies. The category "Embedding an Integrated Approach (Listed Companies)" recognizes listed companies that have integrated sustainability into their overall strategy and decision-making processes, as well as finance teams who play a vital role in accomplishing this.

“The strong culture within MPIC to think about how the organization and its employees can leverage their roles to have a wider impact on lives in the Philippines was evident,” say the judges of the Finance for the Future Awards, highlighting further that the group’s “commitment to driving sustainable outcomes came through clearly from the Chief Finance, Risk and Sustainability Officer and finance team’s advocacy and leadership, alongside a strong understanding that embedding ESG is essential for the existence of the business.“

The Awards honored 33 competitors from 13 countries across the world. The Awards prides itself on being one of the few remaining, entirely merit-based sustainability honors in the world. The awards ceremony was hosted in London, with major businesses from around the world in attendance. MPIC took part and received the award online.

Winners in this category not only include sustainability into their overall strategy and decision-making process, but they also provide demonstrable environmental and/or social benefits in addition to generating financial results.

“At MPIC, we do sustainability as part of our overall stakeholder value creation, along with our purpose of improving the lives of the Filipinos and communities we serve,” says MPIC Chief Finance, Risk, and Sustainability Officer Chaye A. Cabal-Revilla.

This honor highlights Metro Pacific Investments Corporation's role as the largest catalyst for a Sustainable Philippines, aiming to enhance people's lives in the country by providing basic services and mobilizing advocacy that improves the quality of life for all Filipinos.

“This recognition will inspire and push us all, not just to continue what we are doing, but to do much, much more,” Cabal-Revilla added.

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