MANILA, Philippines — 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.
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.