SGV & Co. joined Alternergy Holdings Corporation at the Philippine Stock Exchange (PSE) bell ringing ceremony on 21 November 2025 to mark the company’s milestone as the first publicly listed company and first renewable energy developer to receive the Philippine Green Equity Label from the Securities and Exchange Commission (SEC).
SGV Assurance Group 4 Leader Veronica R. Pore, SGV Lead Audit Partner Jhoanna C. Go and SGV Climate Change and Sustainability Services (CCaSS) Senior Manager Crystal Aleli R. Cornell represented the Firm at the event.
Also present at the event were Alternergy President Gerry P. Magbanua, Alternergy Chief Finance Officer Carmen Diaz and key representatives from the PSE and the SEC.
Alternergy met the Green Equity Criteria as outlined in SEC Memorandum Circular No. 13, Series of 2025, which requires: (1) more than 50% of revenue derived from Green Activities, (2) more than 50% of investments channeled towards Green Activities, (3) less than 5% of revenue derived from fossil fuels, and (4) alignment with the Philippine Sustainable Finance Taxonomy Guidelines.
Crystal is a member of SGV’s Alternergy sustainability assurance engagement team. Other members are CCaSS Leader and Philippine Sustainability Reporting Committee (PSRC) Chair Benjamin N. Villacorte, CCaSS Managers Ricca Ciana F. Macabuac and Louisse Anne F. Bugante, CCaSS Senior Associates Franchezka L. Mendoza and Caryll Joy C. Franco, and CCaSS Associates Beah Lyn Z. Cuevas and Coleen G. Coronado.
