Sustainability Reporting
Annual Sustainability Report
ESG Materiality Matrix
The 2021 ESG Materiality Assessment identified ESG topics using the Global Reporting Initiative (GRI) standards, the Sustainability Accounting Standards Boards (SASB) framework, and the Task Force for Climate-related Financial Disclosures recommendations, as well as topics reported on by BDO’s peers. A bespoke stakeholder survey was designed for BDO’s internal and external stakeholder groups to rate the importance of identified material topics to the Bank’s ESG impact on stakeholders, and identify ESG factors that affect the Bank. This enhanced stakeholder group engagement for materiality assessment aims to better prepare BDO to anticipate and mitigate emerging risks to the Bank and to its stakeholders. The resulting matrix shows the intersection of ESG topics most important to both, as ranked by stakeholders in the Philippines and overseas. Our performance on these material issues are discussed in this report.
The resulting matrix shows the intersection of ESG topics most important to both, as ranked by stakeholders in the Philippines and overseas. Our performance on these material issues are discussed in this report.