BDO Unibank Inc. (BDO) was recently awarded the Best Advance in Sustainability Practices Award at the 14th Annual Retail Banker International Asia Trailblazer Awards 2023 in Singapore. BDO’s dedication to sustainability, exemplified by its institutional approach to sustainability and innovative financing of renewable energy projects and green buildings, as well as its initiatives anchored on United Nation’s 17 Sustainable Development Goals, were the key differentiators that led to this recognition.
In support of the 2015 Paris Accord and the Philippines’ nationally determined contribution, which aims to reduce greenhouse gas emissions by 70 percent by 2040, BDO announced its Energy Transition Finance Statement last year, further demonstrating the bank’s commitment to financing the transition to a low-carbon, environmentally responsible and socially inclusive economy.
This prestigious award ceremony celebrates the exceptional performance and innovative strategies of leading retail banks and consumer finance companies in the Asia-Pacific region. It also provides an opportunity for senior retail banking executives, vendors, and other key industry stakeholders across Asia to come together.
“We are steadfast in our commitment to integrating sustainability principles into every aspect of our business, from operations and risk management to corporate governance, as we continue to grow and create long-term value for all our stakeholders,” said Nestor V. Tan, President and CEO of BDO Unibank.
BDO Unibank is the largest bank in the Philippines in terms of total assets, loans, deposits, and trust funds under management, with a vast distribution network of over 1,600 consolidated operating branches and more than 4,600 ATMs nationwide. The bank also has 16 international offices in Asia, Europe, North America, and the Middle East and offers a wide range of digital banking solutions to make banking faster, more secure, and easier for its clients.
In addition to the Retail Banker International Asia Trailblazer Awards, BDO has received numerous accolades, including the Platinum Award for Excellence in Environmental, Social and Governance (ESG) for the 13th consecutive year at The Asset Awards in Hong Kong, the Best Sustainability Bond for Financial Institution in the Philippines at The Asset Triple A Country Awards for Sustainable Finance, and the Top Sustainability Advocate in Asia and Industry Champion of the Year at the 2022 Asia Corporate Excellence & Sustainability (ACES) Awards in Kuala Lumpur, Malaysia, for the second year in a row.