BDO commits to green economy with sustainable finance initiatives

AT the Climate Convergence Forum, BDO Unibank President and CEO Nestor Tan underscored the bank's crucial role in effectively connecting the increasing supply of capital from the sustainable investment community to meet the rising demand for sustainable financing.'We remain committed to our sustainability philosophy as we continue to ingrain sustainability in all aspects of the business while transitioning to a low carbon economy,' Tan said.

's Green Bond and Blue Bond issuances were the first among financial institutions and have set benchmarks in corporate sustainable financing within the country and the broader Association of Southeast Asian Nations region.Its Asean Sustainability Bond issuances have set records as the largest issuance for any Philippine financial institution or company at P52.7 billion in 2022 and P63.3 billion in 2024. BDO concluded its third Asean Sustainable Bond issuance last July 16, 2024, at P55.

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