BPI on sustainable future

Helping building a better future by encouraging Filipinos to adopt a more sustainable future was clearly emphasized by the Bank of the Philippines Islands (BPI) during the 3-day “Green & Beyond Sustainability Fair” last weekend at the Glorietta Activity Center in Makati City.

Several Ayala-owned companies that champion sustainable living practices through retail businesses were showcased from June 2-4 while a grandiose opening ceremony was attended by Ayala’s former top honcho Fernando Zobel de Ayala, the former Ayala Land chairman and former CEO and president of Ayala Corporation who returned from a 5-month medical leave and is now an advisor to the Ayala Corporation and Ayala Land.

Also seen among the bevy of BPI top officials was actress Bea Alonzo who is the celebrity endorser for its #BPISustainableWithYou campaign that encourages consumers to join the sustainability movement and create lasting positive impact for the people and planet.

“BPI is championing sustainability not only for the corporate but the retail segment as well. In June last year, we curated a series of activities in partnership with local and global institutions to establish the Philippines’ first Sustainability Awareness Month. This June, we are reinforcing our commitment to promote sustainable living practices through this retail fair, webinars, in-person forums and workshops, and other activities throughout the month,” BPI president and CEO TG Limcaoco said during a speech that was aired onscreen.

During the fair, the bank and select partner merchants who share the same commitment to sustainability created booths that displayed electric vehicles (EVs) – Kia Philippines has its newest Kia EV6, green homes, energy efficient appliances, digital financial solutions, and more. These are products and services that provide significant cost savings that serve as rewards for being sustainable. 

On the other hand, BPI chief finance officer and chief sustainability officer Eric Luchangco said:  “In our journey towards being a sustainability champion in the Philippine banking industry, we have developed a unique formula: ‘Environment, Social, Governance + Economic’ gains or ‘ESG+E2.’ This formula shows that while we actively integrate ESG principles in the way we do business, we also give equal importance to achieving economic benefits out of a sustainability initiative. A successful and profitable ESG endeavor will be able to sustain itself and will be pursued by its proponents because of the benefits it derives.”

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