ESG Ratings

BPI has been a member of the FTSE4Good Index Series, a series of benchmark and tradable indexes for ESG investors, since 2020 until their latest assessment in June 2023¹.

BPI is also the ONLY Philippine bank to participate in the 2021 CDP Pilot Questionnaire on Climate and Forests, and one of the first banks in the region to disclose on our forest impacts. Through the awareness provided by this pilot engagement, BPI was able to enhance its existing climate- and forest-related strategies and policies, including criteria for sensitive sectors. BPI continued to participate in the 2022 CDP Climate Change Questionnaire and garnered a score of ‘C’, the HIGHEST among Philippine banks.

 

BPI’s continues to garner higher ESG ratings vs its peers across various rating agencies, albeit the Bank is not at liberty to disclose its comparative rankings.

 

 

Sustainability accolades

2023

  • Best Sustainable Bank in the Philippines, International Business Magazine Awards 2023
  • Best Sustainable Bank in the Philippines, Finance Asia Awards 2023
  • Biggest ESG Impact, Finance Asia Awards 2023
  • Sustainability Business Partner of the Year, Nordic Sustainability Awards
  • Sustainability Leader of the Year, Nordic Sustainability Awards (award given to BPI President and CEO Mr. Jose Teodoro Limcaoco)
  • Sustainable Finance Awards Winner for the Philippines, Global Finance
  • ESG Program of the Year - Silver, Asian Banking & Finance Retail Banking Awards 2023
  • Best Bank for ESG in the Philippines, 2023 AsiaMoney Best Bank Awards for the Philippines 
  • Market Leader in Environmental, Social, and Governance (ESG) in the EuroMoney Market Leaders

 

2022

  • Best Bank for Sustainable Finance – Domestic, Philippines, The Asset Triple A Country Awards for Sustainable Finance 2022
  • Financial Leadership in Sustaining Communities in the Asia-Pacific region, Global Finance Sustainable Finance Awards 2022
  • Best Bank for Sustainable Finance in the Philippines, Global Finance Sustainable Finance Awards 2022
  • Best Sustainable Bank in the Philippines, Finance Asia Country Awards 2022
  • Winner of the House Awards Service Providers: ESG Solutions Category in the Asia-Pacific Region, Corporate Treasurer Awards 2022
  • Market Leader in Environmental, Social, and Governance in the EuroMoney Market Leaders
  • Top Sustainability Advocates in Asia, Asia Corporate Excellence & Sustainability Awards (ACES) 2022
  • Most Sustainable Bank in the Philippines, International Business Magazine Awards 2022
  • Manila Bulletin Award for BPI’s Sustainable Development Finance Program
  • Sustainability Company of the Year Circle of Excellence, Asia CEO Awards 2022

 

2021

  • Best Sustainable Bank in the Philippines, FinanceAsia Country Awards 2021

 

2020

BPI Corporate Banking and Business Banking

  • Best Sustainable Bank in the Philippines, FinanceAsia Country Awards 2020
  • Highly Commended Bank in Environmental Responsibility, The Asset ESG Corporate Awards 2019
  • Best Sustainable Finance House, Marquee Awards of the Alpha Southeast Asia Deal & Solution Awards 2019

 

BPI Family Savings Bank and BPI Business Banking

  • Best SME Bank in the Philippines, Alpha Southeast Asia Awards 2020

 

BPI Capital Corporation

  • Best Bank for Sustainable Financing in the Philippines, Alpha Southeast Asia’s 14th Annual Best Financial Institution Awards 2020
  • Green Project of the Year (Philippines) for AC Energy Finance International US$410 million CBI-certified climate bonds, The Asset Triple A Infrastructure Awards 2020
  • Best ESG Green Financing in Southeast Asia (Indonesia) for Star Energy’s US$1.11 billion Dual-Tranche Senior Secured Green Notes, Alpha Southeast Asia Best Deal and Solution Awards 2020
  • Best ESG Green Financing in Southeast Asia: Philippines for Manila Water Company’s US$500 million Sustainability Notes, Alpha Southeast Asia Best Deal and Solution Awards 2020
  • Megatrend Deal of the Year – ESG for the Darajat’s $1.1 billion secured green bond for Star Energy Geothermal Salak, FinanceAsia Magazine
  • Best of Southeast Asia for Darajat’s $1.1 billion secured green bond for Star Energy Geothermal Salak, FinanceAsia Magazine
  • Best Green Bond (Philippines) for AC Energy Finance International’s US$400 million fixed-for-life perpetual green bond, The Asset Asian 2020 Country Awards
  • Best Social Bond (Philippines) for Php 21.5 billion COVID Action Response (CARe) bonds, The Asset Asian 2020 Country Awards
  • Best Sustainability Bond (Corporate) for Manila Water Company’s US$500 million Sustainability Notes, The Asset Asian 2020 Country Awards
  • Best Fixed Income Deal (Large Cap) for AC Energy US$400 million Perpetual Green Bond, IHAP Awards 2020

 

BPI Asset Management and Trust Corporation (AMTC)

  • Asset Management Company of the Year – Highly Commended, The Asset Triple A Sustainable Investing Awards 2020 for Institutional Investor, ETF and Asset Servicing Providers

 

BPI Foundation

  • Silver Anvil for PR Tools: External Publications Technological, Social, and Market Innovations in Social Enterprises: The BPI Sinag Accelerate Initiative, 55th Anvil Awards
  • Gold Anvil for Sustained PR Programs for the Environment, Science and Technology: BPI-DOST Science Awards 2019: Moving the Nation towards Sustainable Development through Science and Innovation, 55th Anvil Awards

 

¹FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirmed that Bank of the Philippine Islands has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series. Created by the global index provider FTSE Russell, the FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. The FTSE4Good indices are used by a wide variety of market participants to create and assess responsible investment funds and other products. For more information, please visit the FTSE4Good website.
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