Metro Pacific Investments Corporation (MPIC) ranked first among multi-sector holdings companies in the Philippines and was recognized as an “ESG Industry Top Rated” company by Sustainalytics after receiving an Environmental, Social and Governance (ESG) Risk Rating score of 12.8 as of May 2021. This score places MPIC in the “Low Risk” category of experiencing material financial impacts from ESG factors. The score positions MPIC in the top 4 percent of companies in Sustainalytics’ Diversified Financials Industry.
MPIC president and chief executive officer Jose Ma. K. Lim said “Throughout our business, we adopt a precautionary approach by implementing cost-effective measures to manage and mitigate ESG risks in accordance with our long-term business objectives. We are grateful for institutions like Sustainalytics that enable us to effectively evaluate our risk management processes and benchmark against global best practices.”
Sustainalytics is a global leader in ESG research covering over 13,500 companies globally. Its ESG Risk Ratings are designed to help investors identify and understand financially material ESG risks and how they might affect the long-term performance for investments.