The group is presently comprised of 69 member institutions and 13 observers.
The BSP has been actively involved in building awareness and highlighting the shared accountability of regulators and financial institutions in pursuing the sustainable finance agenda in the industry. In April 2020, the BSP issued Circular No. 1085 or the Sustainable Finance Framework which provides high-level expectations on the integration of sustainability principles in the corporate governance, risk management systems, business objectives and operations of banks.