Ayala-led Bank of the Philippine Islands (BPI) headed by bankero TG Limcaoco reinforced its commitment to responsible banking with a mandate to all employees to meet sustainability targets this year.
“We mark today our deeper commitment to make sustainability part of our mindset, our strategies, and our daily activities,” Limcaoco said during BPI’s Sustainability Summit for employees last Tuesday.
A minimum 10 percent of each employee’s rating for this year will be based on their performance against a set of sustainability initiatives in key result areas (KRAs).
Employees will also be aided by specialized and mandatory trainings on Environmental, Social, and Governance (ESG) global standards and best practices.
BPI’s bank-wide sustainability mandate, the first such program in the Philippine banking industry, again demonstrates an unwavering dedication to deliver responsible banking to stakeholders, from clients to investors to local communities.