As sustainability reporting becomes increasingly important to investors, regulators, lenders, customers, and other stakeholders, organizations need confidence that their sustainability information is accurate, complete, and decision-useful. Our Sustainability Assurance Services provide independent assurance over sustainability disclosures, greenhouse gas (GHG) emissions, and other environmental, social, and governance (ESG) information to enhance credibility, transparency, and stakeholder confidence.
At P&A Grant Thornton, we combine deep sustainability, assurance, and industry expertise to help organizations navigate evolving reporting requirements and stakeholder expectations. Our approach is aligned with internationally recognized assurance standards and leading sustainability reporting frameworks, including PFRS Sustainability Disclosure Standards (PFRS S1 and PFRS S2).
We provide independent assurance over sustainability reports and ESG disclosures to help organizations demonstrate the reliability of their sustainability information.
Our assurance services cover:
Organizations increasingly face scrutiny regarding the accuracy and reliability of their carbon emissions reporting. We provide independent assurance over greenhouse gas inventories and emissions disclosures, covering emissions from the organization’s own operations (Scope 1), purchased energy (Scope 2), and relevant value chain activities (Scope 3), based on globally recognized methodologies and assurance standards. Our work may include reviewing reporting boundaries, assessing data collection processes and controls, testing activity data against supporting records, evaluating emission factors and calculation methodologies, and considering the completeness and consistency of disclosures. This helps organizations strengthen data quality, improve governance over climate-related information, and provide stakeholders with greater confidence in reported emissions.
With the adoption of sustainability disclosure requirements globally and increasing sustainability reporting expectations in the Philippines, organizations need robust reporting processes and governance frameworks.
Our services include assurance and pre-assurance assessments covering assessment and assurance over:
Depending on stakeholder requirements, organizations may seek different levels of assurance.
Provides a moderate level of confidence that no material misstatements have been identified within the sustainability information subject to assurance.
Suitable for:
Provides a higher level of assurance through more extensive procedures and testing.
Suitable for:
Independent assurance over specific sustainability metrics, including:
We support organizations seeking assurance over sustainability-related financing instruments and sustainable finance frameworks.
Services may include:
Our sustainability assurance professionals combine assurance, sustainability reporting, climate, risk management, and industry expertise to help organizations respond to evolving stakeholder expectations and disclosure requirements.
We bring:
Whether you are preparing your first sustainability report, obtaining assurance over GHG emissions, or enhancing the reliability of your PFRS S1 and PFRS S2 disclosures, our sustainability assurance professionals can help.
Our team can assist you with:
In the Philippines, extreme heat is no longer an abstract climate issue. In recent months, government agencies warned of heat index levels reaching the danger category in several areas, with values around 42°C and higher reported in parts of the country.
Just like how the first step of self-improvement is reflection, the journey towards a greener, more vibrant tomorrow all starts with sustainability reporting. Through disclosing information regarding their environmental, social, and governance (ESG) activities, organisations can communicate their progress and determine their next course of action.
Now, this article introduces the Philippine Sustainable Finance Taxonomy Guidelines (SFTG) in February 2024 that marks a significant milestone in the country’s journey towards a sustainable future.
The Securities and Exchange Commission (SEC) issued Memorandum Circular No. 16, Series of 2025, titled “Adoption of Philippines Financial Reporting Standards (PFRS) on Sustainability Disclosures and Issuance of Reporting Guidelines for Publicly Listed Entities and Largely Non-listed Entities". SEC approved the adoption of PFRS S1 and S2 during its Commission En Banc meeting on 04 December 2025. PFRS S1 sets out the general requirements for the disclosure of sustainability‑related financial information, while PFRS S2 focuses on climate‑related disclosures.
This Sustainability Alert is issued to circulate the following Bangko Sentral ng Pilipinas (BSP) Circulars related to sustainability:
This Sustainability Alert is issued to circulate the Securities and Exchange Commission (SEC) Memorandum Circulars (MC) related to sustainability.
