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Sunrise Trail Hike at Masungi Georeserve: An Empowering and Meaningful Birthday Celebration

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Since I was a child, as soon as June approaches, I feel thrilled because it's my birth month. I don't eagerly anticipate gifts, but rather the greetings from family and friends. It brings me joy. I am easily pleased. It doesn't take much to make me happy. Whenever I am asked what I want for my birthday, my usual response is "nothing" or "I don't know; I can't think of anything I want or need." I am not materialistic. I am happy. I am healthy. I am blessed with family and true friends. Feeling ko nasa akin na ang lahat and I prefer inner peace. Fancy that! Haha. I find more joy in giving, whether to family, friends, or even strangers. But this time, I said, "Lord, can I give myself a gift this time?" Since a retreat in Batulao is not possible yet, I scheduled a day for myself for a pampering session at the mall. I want to have a massage, facial, manicure/pedicure. I simply wish to unwind and disconnect from the online world for an entire...

BDO Embarks on Green Transformation with IFC Partnership

Photo shows (From L-R): Atty. Federico Tancongco, BDO Senior Vice President and Chief Compliance Officer; Jerome Guevarra, BDO Chief of Staff and Executive Vice President; Paul Xavier Espinosa, IFC Operations Officer on Climate and Risk Management Advisory Services and Nishantha Jayasooriya, IFC Operations Officer.

BDO Unibank Inc. (BDO) takes a significant step towards a greener future by partnering with the International Finance Corporation (IFC) to implement specialized training under the Alliance for Green Commercial Banks' (Alliance) pilot program. This collaboration aims to accelerate the green transition within the banking and finance industry. IFC experts conducted in-depth workshops on Green Finance for MSMEs (Micro, Small, and Medium Enterprises), Transition Finance, and Impact Financing among BDO leaders and relationship managers.

The Alliance is a global initiative convened by the IFC in partnership with the Hong Kong Monetary Authority. It aims to develop a community of banks leading in green finance across various markets to accelerate the green banking transformation of financial institutions and urgently address climate change.  IFC, a sister organization of the World Bank and a member of the World Bank Group, is one of the largest financiers of climate-smart projects in developing countries.  

In 2023, loans deployed to Energy Efficiency projects accounted for 46.2% of BDO’s Green Finance portfolio.  A significant amount funded a Public-Private Partnership for a 900MW Battery Energy Storage System (BESS) commissioned to address energy intermittency challenges in the country.

BDO continues to fulfill its commitment to finance other green initiatives including renewable energy (26.7%), clean transportation (14.7%), sustainable water and wastewater management (9.9%), pollution prevention and control (1.4%), green buildings (0.8%), and eco-efficient production technologies (0.3%). 

As a pioneer in sustainable finance in the country, BDO is fully committed to reduce its carbon footprint while supporting the country’s transition by providing access to affordable, reliable, sustainable and clean energy and energy efficiency initiatives.

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