Sustainability Reporting

Annual Sustainability Report

BDO Sustainability Report 2022



BDO Sustainability Report 2022
For Your Future, We Find Ways

This report is BDO Unibank, Inc.’s fifth Sustainability Report(SR) outlining the BDO Group’s economic, environmental, social, and governance performance from January to December 2022. It is a substantiation of the BDO Group’s commitment to the United Nations Sustainable Development Goals (SDGs), the principles of the United Nations Global Compact, and the Greenhouse Gas (GHG) Protocol. This report has been prepared in accordance with the Global Reporting Initiative (GRI) Standards.

The 2022 BDO SR features Special Reports on the Bank's Presence and Impact and Empowering Women as Consumers and Entrepreneurs.
Special Reports


BDO ensures access to banking, financial services, and insurance services accessible through its 1,530 combined branches nationwide. 

BDO Network Bank champions financial inclusion through its presence in provinces while Cash Agad reaches remote areas through Cash Agad partner agents in the communities. Among the locations identified with poverty incidence in 2021, BDO Network Bank branches and Cash Agad agents are present in all 16 areas with high poverty incidence and in the areas of highest poverty incidence, such as Zamboanga del Norte in the Mindanao region.


BDO Foundation has rehabilitated 131 rural health units (RHUs) and built 124 classrooms to date. Climate change aggravates weather events that cause health problems. The RHUs provide health services to 6% of the Philippine population. Majority of the RHUs are located in disaster-stricken and disaster-prone areas to provide affected communities with better facilities, and help them adapt to natural disasters.

For daily survival, people need access to food, water, shelter, and medical care. Communities with high prevalence of poverty have a greater need of these basic services, especially during times of disaster. By year 2022, BDO Foundation has given food packages to 69,900 families in low-income and poverty-stricken areas, in collaboration with Caritas Philippines and Tanging Yaman Foundation. This is part of its nationwide gift giving initiatives. Additionally, the Foundation has given relief packages to 761,761 families in areas affected by numerous natural and man-made disasters.

As of December 31, 2022, BDO’s total Sustainable Finance to date is at P781 billion, including 58 renewable energy projects.
 

As of December 31, 2021, BDO financed 54 Sustainable Energy projects, with total Sustainable Finance funded to date at P548 billion.

 

BDO Sustainability Report 2021



BDO Sustainability Report 2021
Finding Ways
Creating a Sustainable Future


This report is BDO Unibank, Inc.’s fourth Sustainability Report outlining the BDO Group’s economic, environmental, social, and governance performance from January to December 2021. It is a substantiation of the BDO Group’s commitment to the United Nations Sustainable Development Goals (SDGs), the principles of the United Nations Global Compact, and the Greenhouse Gas (GHG) Protocol. This report has been prepared in accordance with the GRI Standards: Core option.

BDO Sustainability Report 2020



BDO Sustainability Report 2020
Impact and Commitment

This report is BDO Unibank Inc.’s third Sustainability Report outlining the Bank’s economic, environmental, social, and governance performance from January to December 2020. It is a substantiation of BDO’s commitment to the United Nations Sustainable Development Goals (SDGs), the principles of the United Nations Global Compact, and the Greenhouse Gas (GHG) Protocol. This report has been prepared in accordance with the GRI Standards: Core option.

This report features three Special Sections: A Decade of Sustainable Finance, which marks a milestone in the Bank’s risk-based impact financing initiatives; Finding Ways through a Pandemic, which details BDO’s COVID-19 business continuity response to the pandemic in 2020; and Driving Digitalization, on enhancing digital banking.

BDO Sustainability Report 2019



BDO Sustainability Report 2019
Shaping Futures

This report is BDO Unibank, Inc.’s (BDO) second Sustainability Report outlining the Bank’s economic, environmental, social, and governance performance from January to December 2019. It is a substantiation of BDO’s commitment to the United Nations Sustainable Development Goals (SDGs), the principles of the United Nations Global Compact (UNGC), and the Greenhouse Gas (GHG) Protocol.

BDO Sustainability Report 2018



BDO Sustainability Report 2018

This report is BDO Unibank, Inc.’s (BDO) maiden Sustainability Report outlining the Bank’s economic, environmental, social, and governance performance from January to December 2018. It is a substantiation of BDO’s commitment to the United Nations Sustainable Development Goals (SDGs), the principles of the United Nations Global Compact (UNGC), and the Greenhouse Gas (GHG) Protocol. This report has been prepared in accordance with the GRI Standards: Core option. 
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.