Anchored on its pioneering ESG+E₂ framework—which integrates economic value creation into its sustainability agenda—BPI is transforming the Philippine banking landscape toward a more inclusive, resilient, and climate-conscious future.
Pioneering sustainability initiatives
At the core of this transformation is BPI’s Sustainability Agenda, a strategic blueprint aligning long-term financial performance with global sustainable development goals (SDGs).
Through a forward-looking and innovation-driven approach, the bank has achieved numerous industry firsts, solidifying its role as a thought leader in ESG integration:
First Philippine bank with a time-bound coal phase-out policy, signaling its move away from coal-fired power generation to support the global shift to cleaner energy.
First bank in the country to transition all high-rise corporate offices and 70 branches to 100 percent renewable energy through a retail aggregation program—substantially reducing operational emissions.
First Philippine bank to receive IFC-EDGE Green Building certification across its nationwide branch network, establishing its leadership in energy-efficient infrastructure.
Launched the world’s first Energy Transition Finance Facility (ETFF)—a bold financial solution designed to repurpose existing coal-fired plants into renewable energy facilities.
Sustainable Development Finance (SDF) Program offering support for projects in renewable energy, energy efficiency, climate resilience, sustainable agriculture, and pollution control—with free technical evaluations.
First Southeast Asian bank to issue a negative-yielding green bond, and first Philippine bank to issue a COVID-19 response bond, which was 7x oversubscribed.
Green solutions portfolio offering solar mortgage loans, electric and hybrid vehicle financing, and energy-efficient home solutions tailored for eco-conscious consumers.
Mandatory sustainability training and performance culture, requiring all employees to allocate at least 10 percent of their Key Result Areas (KRAs) to sustainability-linked goals.
First Philippine bank to implement an Environmental Risk Assessment (ERA) framework, mapping client and asset exposure to natural hazards like floods, earthquakes, and typhoons for risk-informed lending.
Green incentives for Filipinos
Going beyond institutional leadership, BPI is also empowering consumers and communities to participate in the green movement through exclusive, limited-time promotions aimed at making sustainable living more accessible:
Real 0% installment plan for solar panels BPI Credit Cards has partnered with solar providers such as Go Solar, Greenergy, JC Solar, and Philergy to offer 0% interest on solar panel purchases—removing cost barriers for households transitioning to renewable energy.
Green solutions promos
Solar mortgage loan – 5678 Promo: Lock in a 5-year fixed rate at 6.7 percent and receive up to ₱80,000 in waived bank fees.
E-vehicle “Charge on Us” promo: Receive ₱5,000 worth of charging credits when applying for an auto loan for an electric or plug-in hybrid vehicle between June 15 and Aug. 31, 2025, and booking by Sept. 30, 2025. Credits are redeemable via the EVRO App and usable at any ACMobility EV charging station.
These promotions are aligned with BPI’s broader mission to drive green adoption, encourage energy efficiency, and make sustainability both practical and rewarding for the average Filipino.
Global standards and long-term impact
“Sustainability is not a parallel track—it is the foundation of how we do business,” said Eric Luchangco, BPI’s chief finance officer and chief sustainability officer. “We are leveraging our capital, data, technical know-how, and partnerships to drive real-world solutions such as energy transition, financial inclusion, and environmental risk reduction.”
BPI is the only Philippine bank that is a member of the Global Compact Network Philippines, the local chapter of the United Nations Global Compact, and has been consistently included in the FTSE4Good Index since 2020—underscoring its reputation as a trusted global sustainability partner.
Through its comprehensive and values-driven approach, BPI is not just financing the future—it is actively shaping it. —Ed: Corrie S. Narisma
