This award underscores BPI's steadfast dedication to integrating Environmental, Social, and Governance (ESG) principles throughout its banking operations, reinforcing its position as a pioneer in sustainable finance in the Philippines.
A leading event in Southeast Asia, the Asia CEO Awards celebrates companies that showcase exceptional achievements and significant contributions to stakeholders.
BPI’s recognition highlights its commitment to responsible banking and sustainable development, a journey it began in 2008 with the launch of its Sustainable Development Finance (SDF) Program.
Since its inception, the SDF program has funded over 417 projects worth P277 billion, aimed at reducing greenhouse gas emissions and fostering economic growth.
BPI’s Sustainability Agenda, central to its operations, includes a Responsible Lending Policy that emphasizes rigorous assessment of environmental and social factors in credit decisions. Furthermore, BPI’s Sustainable Funding Framework (SFF) supports projects with measurable environmental benefits, including renewable energy and energy efficiency.
“We are deeply honored to receive this award, as it affirms our dedication to embedding sustainability in all aspects of our business,” said Eric Luchangco, BPI’s chief finance and sustainability officer.
“This recognition reflects our commitment, not just to profitability, but to creating long-term value for our clients, the environment, and the communities we operate in,”Luchangco added.
BPI’s achievements extend beyond this accolade. The bank was also a finalist for “Top Employer of the Year” and “Wellness Company of the Year.”
With three corporate offices now running on renewable energy and 18 branches EDGE-certified by the International Finance Corp., BPI continues to set the benchmark for sustainability in Philippine banking.
