BDO leaders were trained in green finance strategies, focusing on micro, small, and medium enterprises (MSMEs), transition finance, and impact financing.
In 2023, 46.2 percent of BDO’s green finance loans were directed towards energy efficiency projects, including a major battery energy storage system to help stabilize the country’s energy supply.
“As a pioneer in sustainable finance in the country, BDO is fully committed to reduce its carbon footprint while supporting the country’s transition by providing access to affordable, reliable, sustainable and clean energy and energy efficiency initiatives," BDO said in statement on Thursday.
The bank also invested in renewable energy (26.7 percent), clean transportation (14.7 percent), sustainable water management (9.9 percent), pollution control (1.4 percent), green buildings (0.8 percent), and eco-friendly production technologies (0.3 percent).
