MANILA, Philippines — Water utility concessionaire Maynilad Water Services Inc. has been awarded the first Philippine Green Equity label as regulators aim to deepen the local capital market by attracting more investors toward sustainability initiatives.
In a letter dated September 26, the Securities and Exchange Commission (SEC) Markets and Securities Regulation Department confirmed that the water company received this recognition, highlighting its commitment to environmentally responsible practices.
https://business.inquirer.net/550136/ipo-bound-maynilad-bags-pioneering-green-equity-label