BPI named Sustainability Company of the Year’ at Asia CEO Awards 2024

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The bank’s sustainability agenda emphasizes responsible banking and operations, ensuring that its activities contribute to financial inclusion, sustainable development, nation-building, environmental responsibility, and social responsibility

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The Asia CEO Awards is one of the largest business award events in the Philippines and considered the largest event of its kind in Southeast Asia. The awards recognize leaders and companies that have demonstrated outstanding achievements in their organizations and contributions to their stakeholders.

“We are deeply honored to receive this award, as it affirms our dedication to embedding sustainability in all aspects of our business,” said Eric Luchangco, BPI chief finance officer and chief sustainability officer. “This recognition reflects our commitment, not just to profitability, but to creating long-term value for our clients, the environment, and the communities we operate in.”

The bank’s responsible lending policy ensures that environmental and social factors are rigorously assessed in its credit decisions, further promoting sustainable business practices among its clients. BPI’s sustainable funding framework supports projects with clear environmental and social benefits, including renewable energy, energy efficiency, and green buildings.In a pioneering move, BPI mandates that all employees have at least 10% of their key results areas focused on sustainability.

 

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