BPI joined Ayala Corp., ACEN, Ayala Land Inc., and Globe Telecom Inc. in signing a Memorandum of Understanding with the DENR-FMB, reinforcing their participation through tree planting, land allocation, and long-term maintenance efforts.
“We are proud to take part in this program that not only helps rebuild our country’s forests but also strengthens climate resilience and community well-being,” said Jo Ann Eala, BPI vice president and head of sustainability office.
Why it matters
The program aims to restore degraded ecosystems, mitigate climate change, and improve community livelihoods. For BPI, environmental sustainability is directly tied to economic resilience.
“Through this partnership, we reinforce our commitment to helping create a greener, more inclusive future for generations to come,” Eala added.
Focus areas for reforestation
The DENR-FMB will concentrate efforts in Ilocos Norte, Rizal, Leyte, Bataan, Bukidnon, and Lanao del Norte—areas considered ecologically critical.
Environment Secretary Raphael Lotilla said these landscapes were chosen because the benefits of reforestation would be “both immediate and long-lasting.”
Currently, the country’s forest cover stands at only 23–24 percent, underscoring the urgency of large-scale reforestation.
Engaging people and communities
BPI is also leveraging its extensive branch network to engage employees, clients, and partner communities.
“Through the Forests for Life program, we’re engaging our employees, clients, and communities in restoring our forests and building a more resilient, inclusive future—one rooted in responsible banking,” said Dennis Fronda, head of BPI’s branch stores channels.
A collaborative effort
While the Ayala Group is a major contributor, the five million-tree goal will rely on multi-stakeholder collaboration, ensuring the program delivers long-term ecological and social impact.
Launched in March 2025, Forests for Life represents a strategic alliance between government, private sector, and communities to rebuild forests, protect biodiversity, and combat climate change. —Ed: Corrie S. Narisma
