BDO Unibank was recently conferred with the prestigious Asia’s Top Sustainability Advocates Award at the 2021 Asia Corporate Excellence & Sustainability (ACES) Awards, an event that features the finest corporate leaders in Asia.
The award is given to companies that show genuine interest in the well-being of its stakeholders through corporate social responsibility initiatives that are integrated into policies and operations, with a high level of employee and top management involvement on community engagement, environment, and social empowerment programs.
BDO is one of the only five awardees in the region and the only bank to receive the honors.
“This recognition is a testament to how much BDO Unibank embodies the values of sustainability and incorporates them in everything the Bank does. This inspires us to further elevate our sustainability efforts and make them more inclusive to benefit our various stakeholders,” said Marla Garin-Alvarez, BDO vice president for its sustainability office.
The ACES jury highlighted BDO’s Sustainable Finance program that funds renewable energy projects nationwide, and the BDO Foundation’s financial education program embedded in the public school K-12 curriculum, as pioneering initiatives to promote positive environmental and social impact in the country.
This is a fitting follow-up to the recognition BDO received from ACES two years ago.
In 2019, BDO was named a “worthy captain” of the Philippine banking industry after receiving the Industry Champion of the Year award during the 2019 ACES Awards.
The Industry Champion of the Year is presented to companies that “have a distinct competitive edge, set the industry trends, and have commendable best practices in place.
Winners in this category have shown the ability to evolve the focus of their enterprises along with the dynamic changes of the industries they serve.”
BDO was also recognized for its leadership position across different business segments, robust balance sheet, expansive market reach, scope of innovative products and services, and sustainable growth.
The ACES Awards is organized annually by the MORS Group, an organization committed to assisting companies, corporate leaders, and eminent industrialists share a platform to exhibit leadership and sustainability excellence.
BDO is a full-service universal bank in the Philippines. It has the largest distribution network with over 1,500 operating branches and offices, and more than 4,400 ATMs nationwide. BDO has 16 international offices (including full-service branches in Hong Kong and Singapore) spread across Asia, Europe, North America, and the Middle East.
The bank also offers digital banking solutions to make banking easier, faster, and more secure for its clients.
As of 30 September 2021, BDO is the country’s largest bank in terms of consolidated resources, customer loans, deposits, assets under management and capital, as well as branch and ATM network nationwide.