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Banking

RCBC cited for ESG best practices

The Philippine Star

MANILA, Philippines — Rizal Commercial Banking Corp. (RCBC) garnered recognition from The Asset ESG Corporate Awards for employing industry best practices in the areas of environmental and social responsibility, and corporate governance (ESG).

The bank has been sharpening its focus on sustainability efforts with a number of pioneering initiatives such as the development of a sustainability finance framework, the issuance of sustainability and green bonds aligned with the ASEAN Sustainability Bond Standards 2018.

RCBC continues to take on lead roles in financing some of the country’s biggest green infrastructure projects.

The Asset ESG Corporate Awards recognizes listed companies that advocate ESG best practices.

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