Alternergy Holdings Corporation (ALTER) has secured approval from the Securities and Exchange Commission (SEC) as the first publicly listed company on the Philippine Stock Exchange (PSE) to receive the Philippine Green Equity Label, affirming its position as a pure-play renewable power developer.

The certification was issued under SEC Memorandum Circular No. 13, series of 2025, which allows companies to qualify for the Green Equity Label if more than half of their revenues and capital or operating expenses are tied to green activities. Alternergy surpassed these thresholds, with 100% of its revenues derived from renewable energy sources and over 90% of expenditures directed toward wind, solar, hydro, and battery storage projects.

Alternergy President Gerry P. Magbanua said the company’s compliance was verified through an independent assurance report by SyCip Gorres Velayo & Co. (SGV) using the EY Sustainability Assurance Methodology (EY SAM) and international standards ISAE 3000 and PSAE 3000. “We commend the SEC for its issuance of the Green Equity Label Guidelines that aims to usher in more sustainability investors and grow the capital market for green initiatives,” he said.

The company’s General Counsel and Chief Sustainability Officer, Atty. Ina Arriola said securing the label “is more than a regulatory milestone—it is a testament to Alternergy’s unwavering commitment to climate action.”

Alternergy previously adopted a Green Finance Framework in 2024 to align with the Sustainable Finance Taxonomy Guidelines (SFTG) and expand access to sustainability-linked investments. The company aims to develop up to 500 megawatts (MW) of additional renewable capacity by 2026 through projects in wind, run-of-river hydro, solar, and battery energy storage.

How do you think initiatives like the SEC’s Green Equity Label can drive more sustainable investment in the Philippine energy sector?

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