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BDO Wins Platinum at The Asset ESG Corporate Awards for the 13th Consecutive Year
In Photo (From Left to Right): Atty. Federico Tancongco, BDO Unibank’s Senior Vice President and Chief Compliance Officer received BDO’s Platinum Award for Excellence in Environmental, Social and Governance (ESG) and Best Sustainability Bond for Financial Institution in the Philippines at The Asset Triple A Country Awards for Sustainable Finance in Hong Kong. With him was Eduardo V. Francisco, BDO Capital’s President who accepted BDO Capital’s awards for Best Corporate and Institutional Adviser, Best Equity Adviser, Best Loan Adviser, Best IPO for Citicore Energy REIT Corporation and Best Transition Bond for SMC Global Power Holdings Corp.
BDO Unibank Inc. (BDO) received a Platinum Award for Excellence in Environmental, Social and Governance (ESG) for the 13th straight year at The Asset 2022 Awards in Hong Kong. The Asset ESG Corporate Awards through leading research house Asset Benchmark Research is the longest-running ESG awards in Asia.
The Asset Awards judges use a highly stringent criteria which include financial performance, corporate governance, environmental and social responsibility, and investor relations.
BDO recognizes the critical role of financial institutions in managing its environmental and social risks and finance the country’s transition to a low-carbon economy. In 2021, BDO financed a mix of 54 renewable energy projects for wind, solar, geothermal, hydro, and biomass energy sources accounting for 2,230 megawatts of total installed capacity nationwide. The Bank continues to expand its Sustainable Finance initiatives, in place since 2010, towards funding new and existing renewable energy projects to increase their capacity, and support the country’s avoidance of greenhouse gas (GHG) emissions. BDO also finances energy efficiency projects and green buildings.
“This recognition exemplifies BDO’s consistency in sustainability excellence as we champion initiatives aimed to create a more equitable and sustainable future for our stakeholders, customers and employees.” said Nestor V. Tan, President and CEO of BDO Unibank.
BDO also won the Best Sustainability Bond for Financial Institution in the Philippines at The Asset Triple A Country Awards 2022 for Sustainable Finance. This award was for the P52.7 billion ASEAN sustainability bond, the largest ESG-related bond offering from a non-sovereign Philippine issuer.
Apart from The Asset Awards, BDO has recently been named as Top Sustainability Advocate in Asia for the second consecutive year at the 2022 Asia Corporate Excellence & Sustainability (ACES) Awards in Kuala Lumpur, Malaysia.
About BDO Unibank, Inc.
BDO is a full-service universal bank which provides a wide range of corporate and retail services such as traditional loan and deposit products, treasury, trust banking, investment banking, private banking, rural banking, cash management, leasing and finance, remittance, insurance, cash cards, credit cards, and online and non-online brokerage services.
BDO has the country’s largest distribution network, with over 1,600 consolidated operating branches and more than 4,600 ATMs nationwide. It also has 16 international offices (including full-service branches in Hong Kong and Singapore) in Asia, Europe, North America and the Middle East.
The Bank also offers digital banking solutions to make banking easier, faster, and more secure for its clients.
BDO ranked as the largest bank in terms of total assets, loans, deposits and trust funds under management based on published statements of condition as of December 31, 2022. For more information, please visit www.bdo.com.ph.
BDO is regulated by the Bangko Sentral ng Pilipinas with contact number (+632) 8708-7087 and with email address firstname.lastname@example.org, and webchat at www.bsp.gov.ph.
For concerns, please visit any BDO branch nearest you, or contact us thru our 24x7 hotline (+632) 8631-8000 or email us via email@example.com.
BDO Unibank, Inc.
BDO Tower Valero
8741 Paseo de Roxas, Salcedo Village
Makati City 1226, Philippines.
Tel +63(2) 8840-7000
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Hi, I'm Ralph Gregore Masalihit!
An RFP Graduate (Registered Financial Planner Institute - Philippines).
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