BDO Unibank, Inc. received the Bronze Award in the First Time Reporter category at the prestigious 5th Asia Sustainability Reporting Awards (ASRA)—the only awarded Philippine bank this year.
The non-profit ASRA is organized annually by Singapore-based CSRWorks International. This year’s winners were selected from 461 entries from 16 countries in Asia. It saw 80 shortlisted companies from 13 countries competing in the finals across 19 awards categories.
Rajesh Chhabara, managing director of CSRWorks International and the founder of ASRA, said: “The unprecedented global pandemic caused by COVID-19 is a stark reminder that businesses, governments and societies need to work together to build mutual resilience. Adopting responsible environmental, social, and governance practices has become ever more essential to ensure corporate sustainability.”
Besides BDO, three other Philippine companies were honored at the ASRA, including SM Investments Corporation, which received a Bronze Award in the Asia’s Best Sustainability Report (Digital) category.
“We have a strong commitment to sustainability. Environmental, Social, and Governance (ESG) standards and practices are at the core of how we run our business because they are aligned with our ‘We Find Ways’ service philosophy. These principles remain our cornerstone as we continue to evolve to serve the needs of our clients and contribute to social progress,” said Teresita Sy Coson, chairperson of BDO.