Friday, October 30, 2020

BDO Wins At The Asia Sustainability Reporting Awards

BDO Wins At The Asia Sustainability Reporting Awards

Spotlight

Halloween @ Home: Recreate The Chills And Thrills With Globe At Home

End the Spooktober in a spooktacular way with Globe At Home!

Phoenix Introduces New FamilyMart Retail Format Through Cebu Stores

FamilyMart opens three new compact stores in Cebu, offering a unique customer experience in response to the effects of the COVID-19 pandemic.

Globe Launches Health Insurance Subscription Worth P20

For just P20, you can now enjoy up to P,1000 health insurance from Pacific Cross!

SM Wins 15 Awards From HK’s CG Asia Magazine

SM Investments Corporation continues to be recognized abroad as it recently bagged 15 awards in the 10th Asian Excellence Awards 2020 of Hong Kong magazine Corporate Governance Asia.

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 First Time Reporter award is given to inaugural and well-rounded sustainability reports that demonstrate the company’s long-term approach to integrating sustainability practice into its business operations.

Winning entries in the category are judged on “strategic approach to sustainability, meaningful and relevant leadership opening statement, coverage of all significant sustainability impacts of the business, approach to stakeholder engagement, and clear presentation of multi-year sustainability performance results.”

BDO’s award-winning report affirms the bank’s leadership in sustainability reporting and commitment to creating long-term value for stakeholders.

Banking and Sustainability

BDO’s Sustainability Report, released last year, outlines the bank’s economic, environmental, social, and governance performance in 2018. It shows how BDO stays true to its sustainability philosophy to achieve resilience by incorporating sustainability in the way it does business and to embed sustainability principles in its decision-making, relationship assessment, and product development processes.

Prepared in accordance with the Global Reporting Initiative (GRI) Standards, the report also details how the financial institution does its part in being a positive force for progress, opportunity, and sustainability in the communities it serves.

“Banking and financial services play a critical role in helping drive sustainable development. Our ability to provide financial access to the majority of the population is vital in creating a more equitable society. By leveraging on our resources, we strive to be the country’s partner for social progress,” says Nestor Tan, president and chief executive officer of BDO.

Sustainability Warriors

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.

Latest News

Manila-Laoag Flights Resume With Strict Border Protocols

Philippine Airlines is set to resume its flights from Manila to Laoag and vice versa starting November. Huwag pong kalimutan ang mga health and safety protocols.

PH COVID-19 Recoveries Rise By 740

Bilang ng mga naka-recovr mula sa COVID-19, tumaas ayon sa Department of Health.

Grae Fernandez And Kira Balinger Join ‘Ang Sa Iyo Ay Akin’

Grae and Kira are set to shake things up in "Ang Sa Iyo Ay Akin" as an explosive new chapter begins in the hit series in the coming weeks! What do you think will be their roles in Ellice, Marissa, and Gabriel's lives?

DOLE To Release Bayanihan 2 Cash Aid By 1st Week Of November

Bayanihan 2 cash aid, inaasahang maipapamahagi sa unang linggo ng Nobyembre.

UN Group Recognizes DepEd For ‘Outstanding Service’

“Under her (Secretary Leonor Magtolis-Briones) leadership, DepEd had been the most successful, actively participating in several youth day celebrations. We are very optimistic that with the presence of the UN, and at the same time, local representatives of the education and Congress, we can forge ahead and create new innovative ways that can bridge the gap.”

SMC Sets Massive River Dredging Program In Bulacan With Support from LGUs, Stakeholders

San Miguel Corporation gears up for the construction of its P734 billion Manila International Airport in Bulacan, the biggest airport development in the Philippines by dredging, widening, and cleaning up major rivers in the province.

DOLE: ‘Floating’ Employees Allowed To Find Alternative Work

DOLE, pinahintulutang maghanap ng alternatibong pagkakakitaan ang mga empleyadong nasa "floating status."

DSWD Cites Importance Of Saving Amid Pandemic

Ugaliin ang pag-iipon lalo na ngayong panahon ng krisis.

Coco And Yassi Fall Into Richard’s Trap In ‘FPJ’s Ang Probinsyano’

Abangan ang mas umiinit na pangyayari sa "Ang Probinsyano"!

Garnier Launches Green Beauty In The Philippines

Garnier leads the sustainability movement in the beauty sector as the first beauty brand to launch sustainable e-commerce packaging in the Philippines.