Sy family’s BDO wants top execs to embrace ESG principles

May 16, 2024
7:23PM PHT

BDO Unibank Inc. — the country’s largest financial institution — has initiated the 'Sustainability Executive Briefing Series,' a strategic move designed to deepen its top leadership's grasp of ESG (environmental, social, governance) principles.

This series, which the bank said in a statement was “innovative”, aims to equip BDO’s senior executives with a nuanced understanding of ESG-related risks and opportunities affecting key business areas such as credit, investment, and insurance operations.

By integrating sustainability into its core operations, Sy family-led BDO aligns with the Bangko Sentral ng Pilipinas' directives, enhancing its role in a sustainable low carbon economy while improving its competitive edge in responsible banking.

The series has already tackled significant issues, including biodiversity, responsible investing, and renewable energy solutions, with expert insights from leading sustainability figures, the bank said.

Atty. Federico Tancongco (left), Senior Vice President and Chief Compliance Officer of BDO Unibank Inc. and Marla Garin-Alvarez (center), Vice President and Head of Sustainability Office of BDO Unibank Inc. organized BDO’s Sustainability Executive Briefing on offshore wind. Joining them are (From L-R) Joseph Albert Gotuaco, Senior Executive Vice President and Head of Central Operations Group of BDO Unibank Inc.; Copenhagen Infrastructure Partners (CIP) speakers Marina Hsu, CISC Regional Managing Director for Taiwan, Vietnam and the Philippines; Jesper Krarup Holst, CIP Senior Vice President and Co-CEO for COP Philippines; Pierre Martignoli, CIP Head of Capital Markets and Francis Daba, CIP Business Development Director for the Philippines
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