Sustainability Framework
The Bank’s Sustainability Framework defines the strategies that serve as guideposts in its journey towards sustainability.
We create products and services which anticipate the evolving needs of our customers and support sustainable development goals.
We develop our capabilities to understand our customers and reach the underserved markets with relevant products and services that meet their unique needs and ways of doing business.
We support the achievement of national economic goals through financial inclusion and impact financing in infrastructure, eco-friendly solutions, green facilities, and disaster resilience initiatives.
Economic Impact
BDO supports the Philippine economic development goals through financial inclusion and impact financing in renewable energy, infrastructure, eco-friendly solutions, green facilities, and disaster resilience initiatives.
BDO contributes to the country’s sustained economic growth through delivering various banking products and services that help create a dynamic business environment, promote local and foreign investments, and accelerate economic activities.
Economic Value
As of December 31, 2023
BDO’s direct economic value generated (DEVG) increased by 24% year-on-year to P262 billion in 2023 on the back of sustained economic growth and improved consumer and business activities. The 2023 performance, the strongest growth since the pandemic in 2020, lifted the Bank’s DEVG five-year compounded growth rate to 12%.
We develop leaders in the sustainability movement. We aim to grow a “can lead” workforce that adopts a sustainability mindset and thrives with innovative thinking and a customer-focused attitude.
Employee Profile
As of December 31, 2023
We leverage our resources towards the relief, rehabilitation, and recovery of disaster-stricken communities.
Scaling and Mainstreaming Financial Inclusion: BDO Foundation
As of December 31, 2023
We continuously enhance our corporate governance framework to sustain superior business performance anchored on the principles of accountability, transparency, integrity, and fairness, together with our partners.
Good Governance to Create a Sustainable Future
Corporate governance in BDO is about effective oversight, strict compliance with regulations, and sustainable value creation to promote the best interest of its various stakeholders.
BDO Unibank, Inc. affirms its deep commitment to the highest standards of corporate governance practice firmly anchored on the principles of accountability, fairness, integrity, transparency, and performance consistently applied throughout the institution. BDO’s market reputation has been built on the solid foundation of an ethical corporate culture and responsible business conduct, underpinned by a well-structured and effective system of governance.
The Bank, as a financial institution, recognizes the importance of addressing climate change and supporting the country’s transition towards a low carbon economy. Through its Board and Senior Management, BDO is committed to advancing its sustainability commitments and achieving strategic resilience by consistently incorporating sustainability in the way it conducts business. The Board, being the highest governance body, plays a crucial role in ensuring that sustainability is embedded in the Bank’s compliance, corporate governance, and risk management frameworks. The Board sets the tone at the top by promoting an enterprise-wide culture that continually fosters environmentally and socially responsible business decisions.
The Bank endeavors to contribute to the country’s sustained growth by financing economic activities that nurture the environment, empower Filipino consumers, and promote the best interest of the Bank’s various stakeholders. Consistent with the UN SDGs, the UN Global Compact, and the government’s Sustainable Finance Roadmap, the Bank constantly strives to create lasting, net positive impact through delivery of various banking products and services that are sustainable, inclusive, equitable, environment-friendly, and socially relevant.
Supporting the United Nations Sustainable Development Goals (SDGs)
BDO acknowledges that the sustainable development goals (SDGs) are integrated in nature. In its approach, it has mapped its contributions to national economic development across the targets of the SDGs.
As of December 31, 2022
SDG Target icons from The Global Goals
BDO acknowledges that the sustainable development goals (SDGs) are integrated in nature. In its approach, it has mapped its contributions to national economic development across the targets of the SDGs.
As of December 31, 2022
SDG Target icons from The Global Goals
BDO acknowledges that the sustainable development goals (SDGs) are integrated in nature. In its approach, it has mapped its contributions to national economic development across the targets of the SDGs.
As of December 31, 2022
SDG Target icons from The Global Goals
BDO acknowledges that the sustainable development goals (SDGs) are integrated in nature. In its approach, it has mapped its contributions to national economic development across the targets of the SDGs.
As of December 31, 2022
SDG Target icons from The Global Goals
BDO acknowledges that the sustainable development goals (SDGs) are integrated in nature. In its approach, it has mapped its contributions to national economic development across the targets of the SDGs.
As of December 31, 2022
SDG Target icons from The Global Goals
Alignment to the United Nations Global Compact Principles
BDO supports the principles of the United Nations Global Compact. The Bank upholds:
- Corporate governance
- Climate-friendly solutions and opportunities for business
- Access to clean, renewable, and reliable energy sources and services
- The adoption of instruments that help quantify, manage, and report on the carbon footprint of its businesses
- The responsibility to protect the dignity of every person and uphold human rights
- The recognition of the role of women in achieving economic growth and poverty reduction
- The elimination of all forms of forced and compulsory labor, and child labor
Inquiries regarding Sustainability at BDO, ESG data, and sustainability reports should be coursed through the BDO Sustainability Office.
BDO Sustainability Office
35/F BDO Corporate Center Ortigas
12 ADB Avenue
Ortigas Center
Mandaluyong City 1554
Philippines
Telephone: (+632) 8840-7000 local 34803
Email: sustainability@bdo.com.ph
