For the second time, BDO Unibank Inc. (BDO) was named Industry Champion of the Year and Top Sustainability Advocate in Asia at the 2022 Asia Corporate Excellence & Sustainability (ACES) Awards in Kuala Lumpur, Malaysia.
The Industry Champion award is given to businesses that have a distinct competitive advantage, set industry trends, and implemented commendable best practices. Winners in this category have demonstrated the ability to shift the focus of their businesses in response to the dynamic changes in the industries they serve in order to remain market leaders.
BDO is the country’s largest bank in terms of total assets, loans, deposits and trust funds under management. The Bank has the country’s largest distribution network, with over 1,600 consolidated operating branches and more than 4,500 ATMs nationwide. It also has 16 international offices in Asia, Europe, North America and the Middle East. The Bank also offers extensive digital banking solutions to make banking easier, faster, and more secure for its clients.
“This recognition embodies BDO’s commitment to sustainability for the benefit of all its stakeholders, its customers and the hard work of its employees who are at the core of our business. We believe that our success as an institution is dependent on the growth and resiliency of the ecosystem we operate in.” said Nestor V. Tan, President and CEO of BDO Unibank.
BDO also won the Top Sustainability Advocate in Asia award for the second straight year. The Bank recognizes the critical role of financial institutions to manage its environmental and social risks and finance the country’s transition to a low-carbon economy. In 2021, BDO financed a mix of 54 renewable energy projects for wind, solar, geothermal, hydro, and biomass energy sources accounting for 2,230 megawatts of total installed capacity nationwide. BDO continues to expand its Sustainable Finance initiatives, in place since 2010, towards funding new and existing renewable energy projects to increase their capacity, and support the country’s avoidance of greenhouse gas (GHG) emissions. The Bank also finances energy efficiency projects and green buildings.
The Asia Corporate Excellence & Sustainability Awards (ACES) recognizes successful
companies and individuals in Asia across two main domains; leadership and corporate
social responsibility. The awards value and recognize services and achievements of
businesses, both large and small, national and international, for their esteemed
contributions to their communities and the world.
The ACES Awards is organized annually by MORS Group, an organization committed to assisting companies, corporate leaders, and eminent industrialists share a platform to exhibit leadership and sustainability excellence.