BPI's bold leadership in sustainable finance: Pioneering change for a greener future

The Bank of the Philippine Islands (BPI) continues to redefine banking in the Philippines by making sustainability a core pillar of its business strategy.

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As a financial institution committed to long-term economic growth, BPI has embraced environmental, social, and governance (ESG) principles through its groundbreaking ESG+E framework. This unique approach integrates financial performance with sustainability efforts, ensuring that responsible banking is not just an aspiration but a reality.

“Sustainability is not a parallel track—it is the foundation of how we do business,” says Eric Luchangco, BPI’s Chief Finance Officer and Chief Sustainability Officer. “We are leveraging our capital, data, technical know-how and partnerships to drive real-world solutions such as energy transition, financial inclusion, and environmental risk reduction. Our goal is to create, protect and further improve long-term value—not only for our shareholders but for the communities and ecosystems we serve.”

Leading the way in sustainable banking

BPI has achieved several industry firsts, solidifying its role as a thought leader in ESG integration. Among its pioneering initiatives is a time-bound commitment to phase out coal-powered investments—a bold move that places BPI ahead of its peers in championing clean energy.