Sustainable Finance
BDO’s sustainable finance initiatives began in 2010, with the establishment of the Sustainable Energy Finance (SEF) Program and the Social and Environmental Management Systems (SEMS) policy, both created in partnership with the International Finance Corporation (IFC).
The SEMS evolved into what is now the BDO Sustainable Finance Framework that covers social and environmental impact assessment and risk assessment, aligned with the Bank’s Sustainability Philosophy and Strategies, as well as the UN Sustainable Development Goals.
Sustainable Finance Framework
The Board-approved BDO Sustainable Finance Framework is an expanded version that includes gender financing and 17 additional eligible categories under green, blue, orange and social financing that are aligned with international and local bond principles, guidelines and taxonomies, as well as the United Nations Sustainable Development Goals. The expanded SFF will allow BDO to finance more projects with high economic, environmental and social benefits through its bond issuances, contributing to ecological sustainability, ocean, health, community development and women’s empowerment.
Morningstar Sustainalytics issued an updated Second Party Opinion (SPO) stating that the BDO Sustainable Finance Framework (SFF) is credible and impactful and aligned with the Sustainability Bond Guidelines 2021, Green Bond Principles 2021, Social Bond Principles 2023, Green Loan Principles 2023, Social Loan Principles 2023, ASEAN Sustainability Bond Standards 2018, ASEAN Green Bond Standards 2018 and ASEAN Social Bond Standards 2018.
Sustainability Inquiries
Kindly address sustainable finance project proposals to the BDO Sustainable Finance Desk.
BDO Sustainable Finance Desk
10/F BDO Towers Valero
8741 Paseo de Roxas Avenue
Salcedo Village
Makati City 1226
Philippines
bdo-sf@bdo.com.ph