Investing in the Future by Investing in Renewable Energy

"This is in line with BPI’s support
for the country’s transition towards
the use of more sustainable energy
resources, aligned with the goals
of the Paris Climate Agreement."

HAJ NARVAEZ
BPI Securities President and CEO

Bank of the Philippine Islands (BPI) is further committing to its Sustainability Strategy Framework through its partnership with ACEN, one of the country’s leading renewable energy companies.

BPI Securities, the stock brokerage arm of BPI, recently engaged its clients in a webinar that put the spotlight on ACEN, the listed energy platform of the Ayala group.

“BPI invests in the future," said BPI Securities President and CEO Haj Narvaez. "Highlighting ACEN’s strength and portfolio, the discussion, which was attended by over 200 of our clients, is among our efforts to promote sustainability and resiliency across various sectors."

ACEN aspires to be the largest listed renewables platform in Southeast Asia, with a goal of reaching 20 GW of renewables capacity by 2030.

BPI continues to build its position as the leading Philippine bank supporting renewable energy expansion and environmental, social, and corporate governance (ESG) principles. Together with the Asian Development Bank (ADB), the bank recently provided ACEN a sustainability-linked loan facility of up to P11 billion which will finance ACEN’s solar projects in the country.

In response to the growing need for creating sustainable businesses, BPI also consolidated its Sustainable Development Finance program to accelerate investments in energy efficiency, renewable energy, green building, and sustainable agriculture.