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Friday, July 19, 2024

BDO secures award for ‘green innovation’

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BDO Unibank Inc. received the Global Good Governance Award for 3G Green Innovation and Solution category for Green Bond Framework, reaffirming the bank’s commitment to sustainability and responsible financing.

BDO has pioneered various bonds, loans and financing instruments supporting projects aimed at reducing the Philippines’ environmental impact, fostering socio-economic development and facilitating the country’s transition to a low-carbon economy.

The bank’s ASEAN Sustainability Bond issuances both set records as the largest issuance for any Philippine financial institution or company at P52.7 billion in 2022 and P63.3 billion in 2024.

“This recognition embodies BDO’s excellence in corporate governance, with sustainability leadership emanating from the top. We consistently enhance our policies and programs to achieve sustainable business success while reducing carbon footprint and promoting social inclusion,” said BDO senior vice president and chief conmpliance officer Federico Tancongco.

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