The Bank of the Philippine Islands (BPI) has been awarded by the International Finance Corp. (IFC) Climate Assessment for Financial Institutions for its exceptional commitment to climate action and efforts to mitigate climate change. This recognition for the “Highest Estimated Greenhouse Gas Emissions Mitigated” is a milestone achievement for BPI, marking the first time a Philippine financial institution received such an honor.
IN a commendable feat, the Bank of the Philippine Islands has been awarded by the International Finance Corp. Climate Assessment for Financial Institutions for its exceptional commitment to climate action and efforts to mitigate climate change. The recognition for the “Highest Estimated Greenhouse Gas Emissions Mitigated” in the East Asia and Pacific region is a milestone achievement, marking the first time a Philippine financial institution has received such an honor.
BPI President and CEO Jose Teodoro K. Limcaoco remarked: “Receiving this recognition from IFC is a testament to BPI’s unwavering commitment to sustainable finance and our dedication to mitigating climate change. We are proud to continue to fund projects that deliver measurable environmental benefits for the communities we serve. This recognition highlights BPI’s critical role in financing projects that contribute to a more sustainable and low-carbon future for the Philippines.
CLIMATE ACTION SUSTAINABLE FINANCE GREEN BOND GREEN PROJECTS PHILIPPINE BANKING
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ayala taps BPI banker Juan Carlos Syquia as deputy CFOThis is in preparation for his assumption as Ayala CFO when Alberto de Larrazabal retires on January 1, 2026
Read more »
DA Secretary Francisco P. Tiu Laurel Jr.’s message during the 95th Anniversary of the BPIDuring the 95th-anniversary celebration of the Bureau of Plant Industry (BPI), Department of Agriculture Secretary Francisco P. Tiu Laurel, Jr. delivered
Read more »
BPI Celebrates 95 Years of Innovation in AgricultureThe Bureau of Plant Industry (BPI) marked its 95th anniversary with a celebration highlighting its tireless efforts in fostering a resilient and sustainable agricultural sector in the Philippines.
Read more »
BPI Foundation Hosts Photography Workshops at Ayala MuseumThe Bank of the Philippine Islands (BPI) Foundation (BPIF) hosted two free photography workshops at the Ayala Museum in Makati City. The first workshop, “Everyday Photography,” focused on composition and visual storytelling, led by Aly De Leon Reyes. The second workshop, “Explore the Art of Street Photography,” featured Jasper Tejano, an international street photographer.
Read more »
BPI posts double-digit income growth in 2024 | Cai U. OrdinarioDESPITE higher operating expenses, Ayala-led Bank of the Philippine Islands (BPI) still booked double-digit growth in its net income for 2024. In a statement, the BPI said its net income grew 20 percent to P62 billion in 2024 while its fourth-quarter net income posted an eight percent growth to P14.
Read more »
BPI Posts Record Net Income of P62 Billion in 2024Bank of the Philippine Islands (BPI) announces a record-breaking net income of P62 billion for 2024, driven by robust revenue growth. While operating expenses and provisions increased, the bank's strong performance was fueled by expansion in its asset base, net interest margins, and non-interest income.
Read more »