Manila, Philippines - Furthering its mission of driving digital financial inclusion, Ant International, International Finance Corp. (IFC), and GCash are developing a Sustainability Impact Scorecard that will make it easier for micro, small, and medium enterprises (MSMEs) to track their environmental and social impact, easily adopt sustainability practices in business operations, and align with global standards.
The Scorecard provides Filipino MSMEs with trusted, clear, and accessible pathways to measure sustainability performance, strengthen credibility, and unlock opportunities aligned with global environmental, social, and governance (ESG) standards. By leveraging the GCash ecosystem and metrics tailored to the Philippine market, the Scorecard aims to empower local MSMEs with relevant, simple insights to help transform businesses.
At the Memorandum of Understanding signing of Ant International, IFC, and GCash (from left) IFC East Asia and the Pacific Regional Advisory Manager for Financial Institutions Group Christina Ongoma; GCash Group Head for New Businesses Winsley Bangit; and Ant International Vice President and Head of Global Affairs and Strategic Development Carrie Suen
In the Philippines, MSMEs account for 99.6% of businesses and employ over two-thirds of the workforce, yet limited access to financing remains a key challenge. The Scorecard, which serves as a benchmark for MSMEs, will help businesses demonstrate their sustainability practices and unlock access to sustainable financing to support growth.
Aside from tracking sustainability performance, the Scorecard also provides MSMEs with a way to build the credibility needed to engage with investors and lenders on sustainability performance.
“For MSMEs, this is a game-changer. It provides visibility into their environmental and social impact and credibility that can attract green capital and partnerships,” said GCash Group Head for New Businesses Winsley Bangit.
“Crucially, MSMEs’ growing social impact cannot be overlooked. Through our collaboration with GCash and IFC, we are making technologies such as AI more accessible to local MSMEs, empowering them to participate in the next wave of sustainable digital transformation. This scorecard serves as a vital tool for future innovation, reinforcing that true environmental sustainability integrates social and economic impact, and it must never be sidelined,” said Carrie Suen, Vice President and Head of Global Affairs and Strategic Development at Ant International.
“MSMEs play a critical role across markets. By equipping them with the right tools, we can strengthen resilience, support adaptation, and enable sustainable growth at scale,” Christina Ongoma, IFC East Asia and the Pacific Regional Advisory Manager for the Financial Institutions Group, added.
Shaping a world-class, competitive & sustainable future for Filipino MSMEs
GCash Group Head for New Businesses Winsley Bangit explains the mission of the leading super finance app in advancing sustainability among MSMEs.
The partnership builds on discussions at COP30 in Belém, Brazil, and Ant International’s Programme Sirius, launched in 2024 to support MSMEs in taking the first step toward sustainability. With GCash as a pilot partner, the initiative aims to translate global sustainability commitments into practical, on-ground digital solutions for underserved communities in the Philippines.
The Scorecard pilot will roll out in phases, starting with ecosystem assessments, stakeholder engagement, and the development of the sustainability impact scorecard, followed by validation and field testing. Learnings from the pilot will inform potential scaling across the Asia-Pacific region.
This initiative underscores the power of collaboration in expanding MSMEs access to practical, data-driven ESG tools, enabling small businesses to integrate sustainability into everyday operations, scale responsibly, and connect with solutions previously deemed out of reach. This reflects the shared commitment of Ant International, IFC, and GCash to advance sustainable finance solutions and build a more inclusive digital economy.
About Ant International
Ant International is a leading global digital payment, digitisation and financial technology provider. Through collaboration across the private and public sectors, our unified techfin platform supports financial institutions and merchants of all sizes to achieve inclusive growth through a comprehensive range of cutting-edge digital payment and financial services solutions. To learn more, please visit https://www.ant-intl.com/
About GCash
GCash is the Philippines’ #1 Finance Super App and Largest Cashless Ecosystem. Through the GCash App, users can easily purchase prepaid airtime; pay bills via partner billers nationwide; send and receive money anywhere in the Philippines, even to other bank accounts; purchase from over 6 million partner merchants and social sellers; and get access to savings, credit, loans, insurance and invest money, and so much more, all at the convenience of their smartphones. Its mobile wallet operations are handled by G-Xchange, Inc. (GXI), a wholly-owned subsidiary of Mynt, the first and only $5 billion unicorn in the Philippines.
GCash is a staunch supporter of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.
