The Bank of the Philippine Islands (BPI) has received global recognition for its leadership in sustainable finance, underscoring its commitment to responsible banking that benefits communities, businesses, and the environment.
At the Global Finance Best Investment Banks and Sustainable Finance Awards, BPI was honored with four major distinctions:
- Best Bank for Sustainable Bonds – Global
- Best Bank for Sustainable Bonds – Asia Pacific
- Best Bank for Sustaining Communities – Asia Pacific
- Best Bank for Sustainable Finance – Philippines
These awards highlight BPI’s ESG+E₂ framework, where Environmental, Social, and Governance (ESG) initiatives are designed to generate measurable economic (E₂) value. This approach, introduced as early as the 1980s, continues to drive inclusive growth and long-term benefits for all stakeholders.
“Sustainability is not a side initiative at BPI. It is deeply embedded in the way we do business,” said Eric Luchangco, BPI Chief Finance Officer and Chief Sustainability Officer. “Through ESG+E₂, we ensure that our initiatives create positive real economic value, enabling progress that is both inclusive and enduring.”
The Bank’s Sustainability Agenda, approved at Board level, integrates ESG principles into its strategy and risk framework. It is anchored on two pillars: Responsible Banking and Responsible Operations. Responsible Banking ensures that lending, investments, and advisory services incorporate ESG criteria, while Responsible Operations focus on managing the Bank’s environmental and social footprint.
BPI also aligns its efforts with global standards, including the United Nations Sustainable Development Goals (SDGs). Chairman Jaime Augusto Zobel de Ayala, recognized in 2017 as one of only ten Corporate Champions of the UN SDGs, continues to reinforce sustainability at the highest level of governance.
With these recognitions, BPI strengthens its role as a pioneer in sustainable finance in the Philippines and beyond.
