PILIPINAS:
ASPIRE, RISE, SUSTAIN
Webinar Series

In Partnership with the Institute for Climate and Sustainable Cities and The Climate Reality Project

Participation in this webinar meets the recommended best practices for continuing directors education prescribed by the Securities and Exchange Commission (SEC).

WEBINAR SERIES DETAILS

Due to its geographical location and archipelagic nature, the Philippines has always been on top of the list of the most vulnerable countries to extreme weather events attributable to climate change. Adding to the perennial problems caused by natural disasters, the raging COVID-19 pandemic has paralyzed our economy wiping out the hard-earned gains over several decades. With the outlook of a prolonged and severe recession, corporations must realign their strategies, for them not only to survive the crisis but also to be resilient and sustainable over the long term.

The ban on public transportation and lockdown of many companies created untold hardships on our people. A high percentage of the population lost their means of livelihood exacting a heavy burden on government finances for their support. Many small and medium scale enterprises had to close down, with little chances of being able to operate again. Even large corporations in the transportation, hotel and restaurant business face bleak futures. The high number of COVID-19 cases overwhelmed and revealed the weaknesses in our healthcare system. Considering the lower business activity and substantial reduction in OFWs’ remittances, the challenges facing our country in the next few years are truly daunting.

To cope with the changed and demanding business conditions referred to as the "new normal", and the ongoing and intensifying effects of climate change, companies should incorporate sustainable development in their strategies and policies. Rather than being limited to just their stakeholders, shared value creation must contribute to the greater good and encompass the entire society.

To assist directors and management in crafting and executing sustainable development practices, the Institute of Corporate Directors (ICD), in partnership with the Institute for Climate and Sustainable Cities (ICSC) and the Climate Reality Project, presents “Pilipinas: Aspire, Rise, Sustain Series”.

The webinar series will feature the discussions on the following:

 

  1. Defining the role of Corporate Boards towards a more sustainable and resilient future;

  2. Integrating climate risks to businesses through the Sustainability Finance Policy Framework; and

  3. Understanding the importance of sustainability reporting and how it adds value for businesses.

The Pilipinas: Aspire, Rise, Sustain Series will have three webinars with focused themes on

“The Nexus of Climate Change and Sustainable Development”,

“Integrating Climate Risks in Corporate Strategy”, and

“Cultivating Business Impact through Sustainability Reporting”.

SCHEDULES
REGISTRATION DETAILS

Invest in your professional development.

The platform to be used is Zoom.

 

Registration fee is PHP 3,000 (inclusive of VAT) per webinar.

Get the whole package of all three webinars for only PHP 7,000 (inclusive of VAT).

(Only one (1) discount is applicable.)

50% off for partners of the Institute for Climate and Sustainable Cities and The Climate Reality Project

20% off for partners of the Institute of Corporate Directors

5% off if referred by an ICD Member

This whole webinar series is free for ICD Members in Good Standing

Pilipinas: Aspire, Rise, Sustain Series

Theme 1: The Nexus of Climate Change and Sustainable Development

21 October 2020 (Wednesday) | 4:00 PM – 6:00 PM

 

The year 2015 was a historic year as countries adopted the Paris Agreement. The agreement acknowledged that climate change is “a common concern of humankind” requiring “an effective and progressive response to the urgent threat of climate change on the basis of the best available scientific knowledge.”

 

The primary goal of the Paris Agreement is to limit global warming to below two degrees Celsius. Furthermore, it strongly recommends pursuing programs for significant cuts in greenhouse gas emissions to limit global warming to 1.5 degrees Celsius.

 

The Philippines chaired the Climate Vulnerable Forum (CVF), a global alliance of developing countries in 2015. The CVF successfully fought for the inclusion of the more ambitious climate goal of 1.5°C.  As an archipelago, sea level rise resulting from just half a degree more of global warming will put 822 coastal communities including 25 major cities at high risk. Extreme weather events would wreak even greater havoc, as the typhoons visiting the country every year (-already averaging more than 20) are expected to increase in both strength and frequency. The irreparable damage to the environment and concomitant destruction would have serious consequences to the quality of life of our people.

 

The Special Report on the Global Warming of 1.5°C released by the Intergovernmental Panel on Climate Change (IPCC) in 2018, ended the debate between 1.5°C and 2°C. The Report concluded that anything beyond 1.5°C will significantly heighten the risks to health, livelihoods, food security, water supply, human security, and economic growth. To limit global warming to 1.5°C, global net human-caused emissions would need to fall by about 45% from 2010 levels by 2030, reaching “net zero” by 2050. Attaining these goals would require “rapid and far-reaching transitions” in our society.

 

There is an urgent need for all nations, especially the developed countries that contributed the most to Green-House-Gas emissions, to submit Nationally Determined Contributions (NDC) that will commit more ambitious mitigation targets this year.

 

The Climate Change Commission (CCC), chaired by the President, is the government’s lead agency facilitating the NDC process. Multi-stakeholder consultations are being conducted at the national and sectoral levels to ensure that the Philippine NDC is based on scientific and technical considerations. The countries’ NDCs will be key to limiting global warming to 1.5°C. However, the success of achieving these targets would greatly depend on private sector participation and cooperation.

 

At the UN Secretary-General’s Climate Action Summit in September last year, 87 companies—having a combined market capitalization of over USD 2.3 trillion and annual direct GHG emissions equivalent to 73 coal-fired power plants—committed to establish climate targets across their operations and value chains to align with the 1.5°C goal.

 

President Duterte, during his 4th State of the Nation Address in 2019, ordered the fast-tracking of renewable energy sources to reduce the country’s dependence on imported fossil fuels and mitigate climate change.

 

 

Several major Filipino corporations have heeded the call by the President:

 

  • AC Energy of the Ayala Group, which announced it would finalize coal exit plans by 2025 with full divestment to be completed by 2030;

  • Aboitiz Group, which registered as a supporter of the Task Force on Climate-Related Disclosures (TCFD) pursuant to its commitment to environmental, social, and governance (ESG);

  • First Gen Corporation of the Lopez Group, which is continuing their commitment to clean energy with their geothermal, hydro, wind and solar power portfolio;

  • MGEN of the Meralco Group, with its target of 1,000 MW renewable energy sources in the next 5 years; and

  • San Miguel Corporation (SMC), which pledged to contribute to the energy transition through investments in renewable energy (10,000 MW over the next 10 years) and energy storage.

 

This webinar aims to:

 

1.   Introduce The Climate Reality Project and the Philippines Branch to the members of the Institute of Corporate Directors (ICD) and identify areas of collaborations;

2.   Discuss the impacts of climate change, responses through climate mitigation and adaptation, and roles of the private sector in achieving the 1.5°C goal; and

3.   Recommend plans to the private sector on how to implement ambitious climate actions for meeting the SDGs while factoring the impacts of COVID-19 in finances, operations, and commerce.

 
THEME 1 SCHEDULE |   21 October 2020 (Wednesday) | 4:00 PM – 6:00 PM

4:00 PM - 4:05 PM

4:05 PM - 4:10 PM

4:10 PM - 4:15 PM

4:15 PM - 4:20 PM

4:20 PM - 4:40 PM

4:40 PM - 5:00 PM

5:00 PM - 5:20 PM

5:20 PM - 5:50 PM

5:50 PM - 6:00 PM

Opening Ceremonies

Welcome Remarks

Mr. Ken Berlin

Chief Executive Officer, The Climate Reality Project

Agenda Setting: Presentation of the global goals of The Climate Reality Project, international programs, and the network of Climate Reality Leaders 

Ms. Nazrin Camille Castro

Branch Manager, The Climate Reality Project Philippines
 

Opening Remarks

Atty. Pedro H. Maniego, Jr., FICD, PIE

Moderator

The 1.5C Goal, the Difference of Half a Degree of Warming, and the Nationally Determined Contribution of the Philippines

Atty. Rachel Anne Sibugan-Herrera 

Commissioner, Climate Change Commission

The Intersection of Climate Change and Health

Dr. Ramon Lorenzo Luis Guinto

Member, Global Health 50/50 Advisory Council
Chief Planetary Doctor, PH Lab

Factoring in climate change to corporate development

Dr. Toby Melissa Monsod

Professor, U.P School of Economics

Question & Answer Segment

Moderator: 

Atty. Pedro H. Maniego, Jr., FICD, PIE

Trustee, Institute of Corporate Directors
Climate Reality Leader

 

Closing and Announcements

SPEAKERS
Glass Buildings

MR. KENNETH BERLIN

President and Chief Executive Officer

The Climate Reality Project

Ken Berlin is the president and CEO of The Climate Reality Project. Ken has devoted his career to leadership on environment, energy and climate change issues. A trusted advisor to businesses, non-profits and federal and state governments, Ken has been recognized as one of the top climate change attorneys in the world and has extensive expertise on international environmental issues ranging from clean energy to biodiversity. Most recently, Ken chaired the Skadden Arps Environmental and Climate Change practices and served as the Executive Vice-President and General Counsel for the Coalition for Green Capital. He was also a leader in establishing the Climate Speakers Network. In 2012, Ken served as Chair of the Obama Energy and Environment Team. Ken has served on the boards of several organizations including the Environmental Law Institute (ELI), the American Bird Conservancy, the Alliance for Zero Extinction, the Rare Center for Tropical Conservation, the Earth Day Network, and Defenders of Wildlife. Ken lives in Bethesda, Maryland with his family.

Pilipinas: Aspire, Rise, Sustain Series

Theme 2: Integrating Climate Risks in Corporate Strategy

29 October 2020 (Thursday) | 4:00 PM – 6:00 PM

 

Climate change is inevitable. With sea level rise, ocean acidification, melting of polar ice caps, floods, droughts and typhoons, among many other extreme weather and slow onset events, climate change is not something that we can still deny. While governments are making adjustments to respond to the effects of climate change and to limit global warming to less than 1.5 degrees Celsius through their own nationally determined contributions (NDCs), corporations are also starting to take actions to limit the physical and economic impacts of climate change.

 

According to McKinsey & Company, intensifying climate hazards could put millions of lives at risk, as well as trillions of dollars of economic activity and physical capital, and the world’s stock of natural capital. Assets can be destroyed or services from infrastructure assets disrupted from a variety of hazards, including flooding, forest fires, hurricanes, and heat.

 

Recognizing the country’s vulnerability to the effects of the changing climate, the Bangko Sentral ng Pilipinas signed the Sustainable Finance Policy Framework recognizing that “physical and transition risks arising from climate change could result in significant societal, economic and financial risks affecting the banks and their stakeholders.” The framework also includes green finance for climate change adaptation and mitigation projects in its definition of sustainable finance.

 

The framework sets out the expectations of BSP on the integration of sustainability principles, including those covering environmental and societal (E&S) risk areas, in the corporate governance and risk management frameworks. BSP likewise recognizes the critical role of the financial industry in pursuing sustainable and resilient growth by enabling environmentally and socially responsible business decisions consistent with the aspirations set out for the Filipinos under the Philippine Development Plan.

 

Through this webinar, attending corporations will familiarize themselves with the following:

  • Climate risks and how it affects corporations

  • BSP’s Sustainability Finance Policy Framework

  • Integrating climate risks to corporate governance

 
THEME 2 SCHEDULE |   29 October 2020 (Thursday) | 4:00 PM – 6:00 PM

4:00 PM - 4:05 PM

4:05 PM - 4:10 PM

4:10 PM - 4:25 PM

4:25 PM - 4:40 PM

4:40 PM - 4:55 PM

4:55 PM - 5:05 PM

5:05 PM - 5:50 PM

5:50 PM - 6:00 PM

Opening Ceremonies

Welcome Remarks

Mr. Leonardo Jose M. Berba

Chief Executive Officer, Institute of Corporate Directors

Agenda Setting

Mr. Renato Redentor Constantino

Executive Director, Institute for Climate and Sustainable Cities
 

Keynote on Climate Risks

Congresswoman Loren Legarda

Deputy Speaker - House of Representatives

Representative of Lone District of Antique

Climate Reality Leader - Manila 2016

Keynote on Sustainable Finance Framework

Dr. Benjamin Diokno

Governor, Bangko Sentral ng Pilipinas

Panel Reactor

Mr. Robert van Zwieten, FICD

Managing Director, Asia Pacific 

Convergence Blended Finance

Question & Answer Segment

Moderator: 

Mr. Renato Redentor Constantino

Executive Director, Institute for Climate and Sustainable Cities

Closing and Announcements

SPEAKERS
Glass Buildings

CONGRESSWOMAN LOREN LEGARDA

Representative of Lone District of Antique

Climate Reality Leader - Manila 2016

Lorna Regina "Loren" Bautista Legarda is a Filipino politician, environmentalist, cultural worker, and former journalist who is currently serving as the representative of Antique and as a House Deputy Speaker.

 

Legarda was a 2001 UNEP Laureate as declared by the United Nations Environment Programme, and a 2008 Regional Champion for Disaster Risk Reduction and Climate Change Adaptation for Asia and the Pacific as declared by the United Nations International Strategy for Disaster Reduction. She was declared by the United Nations as a UN Global Champion for Resilience in 2015. She chaired the Climate Vulnerable Forum, which encompasses 20 climate vulnerable countries. She initiated a number of culture, human rights, education, and environment-related laws in the Philippines, such as the Climate Change Law and Anti-Domestic Violence Act. She has been named as honorary princess and member by numerous indigenous people communities in the Philippines due to her support for indigenous people's rights since the 1970s. She was named by the United Nations Framework Convention on Climate Change as a National Adaptation Plan (NAP) Champion in 2017. In 2018, Legarda became a Commissioner of the newly-formed international organization, Global Commission on Adaptation (GCA).

Pilipinas: Aspire, Rise, Sustain Series

Theme 3: Cultivating Business Impact through Sustainability Reporting

5 November 2020 (Thursday) | 10:00 AM – 12:00 NN

Under the Securities and Exchange Commissions’ Memorandum Circular No. 4, Series of 2019,
corporations are mandated to submit and comply with a Sustainability Report, together with their
Annual Report. This initiative is driven by SEC’s goal of raising awareness on sustainability
reporting among corporations through a public disclosure of their significant economic,
environmental and social impacts in accordance with globally accepted standards by the Global
Reporting Initiative (GRI).

As a GRI Certified Training Partner, ICD aims to create a discussion to guide corporations in
compliance with both GRI standards and SEC guidelines. This webinar will feature discussions
on the following:

  • Regulatory updates on the Sustainability Reporting Guidelines;

  • Understanding how corporations can communicate their impact on sustainability topicslike climate change, governance, etc.;

  • Ensuring that the Sustainability Report adheres to the standards of GRI; and

  • Tips and best practices on Sustainability Reporting

 
THEME 3 SCHEDULE |   5 November 2020 (Thursday) | 10:00 AM – 12:00 NN

10:00 AM - 10:05 AM

10:05 AM - 10:10 AM

10:10 AM - 10:30 AM

10:30 AM - 10:50 AM

10:50 AM - 11:10 AM

11:10 AM - 11:30 AM

11:30 AM - 11:50 AM

11:50 AM - 12:00 NN

Opening Ceremonies

Mr. Alfredo Reyes, FICD

Teaching Fellow, Institute of Corporate Directors

Welcome Remarks

Atty. Pedro H. Maniego, Jr., FICD

Trustee, Institute of Corporate Directors
Climate Reality Leader

Evolution of integrating sustainability in businesses – GRI experiences

Dr. Allinnettes Go Adique

Manager, Public Policy and Corporate Relations
Global Reporting Initiative (GRI) Southeast Asia

Producing a Credible and Compelling Sustainability Report

Atty. Teodoro Kalaw IV, FICD
Chairman, Thought Leadership Committee
Institute of Corporate Directors

Integrating Sustainability in the Way We Do Business: An Ayala Land Case Study.

Mr. Manuel Blas II

Vice President, Ayala Land, Inc.

The SEC and Sustainability Reporting

Atty. Kelvin Lester Lee

Commissioner, Securities and Exchanges Commission

Question & Answer Segment

Moderator: 

Atty. Pedro H. Maniego, Jr., FICD

Trustee, Institute of Corporate Directors

Closing and Announcements

Mr. Alfredo Reyes, FICD

Teaching Fellow, Institute of Corporate Directors

SPEAKERS
Glass Buildings

DR. ALLINNETTES ADIGUE

Manager, Public Policy and Corporate Relations


Global Reporting Initiative (GRI) Southeast Asia

Dr Allinnettes Go Adigue is the manager for public policy and corporate relations for Southeast Asia of the Global Reporting Initiative. A lifelong learner and a global citizen, Ally has lived in 3 continents in the past 15 years. 

 

Ally manages the implementation of GRI’s donor-funded program in South east Asia entitled,
“Sustainable Trade and Investment in the Indo-Pacific Region Through Reporting (STIR). As program manager, she works with different stakeholders in Indonesia and the Philippines to create a conducive policy environment for sustainable business practices, promote the business case of sustainability reporting and build the capacity of organizations on sustainability reporting.


Prior to GRI, Ally has previously worked for the academe, and both the public and private sectors. While working on her PhD, she worked as a graduate research assistant in the field of Climate Change Policy and Economics. She also worked in a retail electricity company in Singapore and for the Office of the President of the Philippines. Ally earned her PhD on Public Policy from the Crawford School of Public Policy at the Australian National University in 2017. She has two Masters degrees: one in Development Studies from the Institute of Social Studies, Erasmus University, The Netherlands; and another in Public Administration from the Lee Kuan Yew School of Public Policy in Singapore. She also has Bachelor’s degrees in Law and Political Science.

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