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Pioneering Sustainability Initiatives

BPI has achieved numerous milestones in sustainability over the years, further strengthened by the implementation of the Bank’s Sustainability Agenda. These accomplishments reflect BPI’s commitment to embedding sustainability across its businesses and operations.

Spanning industry-first products and services addressing environmental and social issues, as well as innovations that enhance the sustainability of the Bank’s operations, BPI’s key ESG-related achievements are outlined below:

Pioneering Initiative

Description

Coal Phase-Out Policy

First time-bound commitment of a Philippine bank to zero out coal power generation exposure.

Decarbonization Strategy Roadmap

First Philippine bank to publish its Decarbonization Strategy Roadmap for Scope 1 and Scope 2 GHG emissions.

EDGE certification of 78 BPI Branches

First Philippine bank with branches certified under IFC-EDGE Green Building standards. In 2026, BPI added 32 more EDGE-certified branches, bringing the total number of EDGE-certified green bank branches to 78 as of October 2026.

Energy Transition Finance Facility (ETFF) 

First financing project globally to repurpose coal‑fired power plants into renewable energy facilities.

Environmental Risk Assessment (ERA)

First in the Philippine banking industry to integrate natural hazard mapping of bank, employee, and client assets and collaterals.

Green and Social Bond Public Offerings

First negative yielding bond in Southeast Asia.

First COVID Action Response Bonds by a Philippine bank (7X oversubscribed).

Mandatory 10% Sustainability KRAs and Sustainability Training

First Philippine bank to institutionalize and integrate sustainability in performance ratings through a mandated minimum 10% KRA allocation and require sustainability training course for all employees.

Membership with the Alliance of Green Commercial Banks

BPI is among the two pioneering Philippine banks selected for membership in the IFC‑led Alliance for Green Commercial Banks–Asia, which aims to accelerate the region’s green banking transformation and embed sustainability into core strategies and institutional culture.

100% Renewable Energy (RE) at 100 BPI Bank Branches

First Philippine bank to qualify for the Retail Aggregation Program (RAP), advancing renewable energy use by transitioning 100 branches in partnership with ACEN RES.

100% Renewable Energy (RE) at BPI Corporate Offices

First Philippine bank to power its bank‑owned high‑rise buildings with 100% renewable energy, initially covering the BPI Buendia Center, BPI Intramuros, and BPI Consumer Center, and expanding in 2025 with BPI Binondo as the fourth high‑rise converted under the Green Energy Option Program (GEOP).

Sustainable Development Finance (SDF) Program

First financing program in the Philippines dedicated to renewable energy, energy efficiency, climate resilience, sustainable agriculture, pollution control, and sustainable water, funding a cumulative 532 sustainable projects totaling ₱376 billion since 2008, with a 100% project success rate.

United Nations Global Compact (UNGC) Membership

The only bank participant in the UN Global Compact Network Philippines, committed to aligning strategies and operations with universal principles on human rights, labour, environment and anti-corruption, and take actions that advance societal goals. 

ESG Ratings

BPI has been a member of the FTSE4Good Index Series— a series of benchmark and tradable indexes for ESG-focused investors—since 2015, based on the latest assessment conducted in June 2026.

BPI is the only Philippine bank to have participated in the 2021 CDP Pilot Questionnaire on Climate and Forests, and was among the first banks in the region to disclose information on forest‑related impacts. Insights gained from this pilot engagement enabled BPI to further strengthen its climate‑ and forest‑related strategies and policies, including the integration of criteria for sensitive sectors.

Building on this early leadership, BPI has remained committed to transparency. As of 2025, BPI is the only Philippine bank to consistently participate in the annual CDP Climate Change Questionnaire, achieving a CDP “Awareness” level, which reflects the Bank’s understanding of environmental impacts and climate‑related risks.

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

1Reverse Vending Machine collects plastic and aluminum for recycling when use cannot be avoided, reinforcing the BPI’s commitment to environmental responsibility and its drive to integrate sustainable practices into everyday operations.
2FTSE Russell (the trading name of FTSE International Limited and Frank Russell Company) confirms 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.

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