Sustainable Development

DBP has been voluntarily disclosing its sustainability performance since 2008, guided by the Global Reporting Initiative (GRI) framework and a goal to provide stakeholders a clear, accurate, and balanced view of the Bank’s overall performance. “Mainstreaming Sustainability. Developing Our Nation” is DBP’s 7th Sustainable Development Report (SDR) and showcases the Bank’s continuous commitment to uphold the principles of transparency and accountability.

This report presents the allocation of proceeds of the DBP ASEAN Sustainability Bonds per use of category as defined in the DBP Sustainable Financing Framework (“Framework”) and the environmental and social performance indicators of the Eligible Assets included in the portfolio.

Measures of Progress: Beyond Numbers, Beyond Banking is the sixth Sustainable Development Report (SDR) of the Development Bank of the Philippines. We started voluntarily publishing our annual SDR in addition to our regular annual report since 2008. In 2012 we reported a stand-alone SDR using the GRI G3.1 Guidelines. Since then, GRI has developed the G4 Guidelines to be widely applicable to all organizations over the world, regardless of type, sector or size—and here we are adapting the same.

In line with our commitment to transparency and accountability, the Development Bank of the Philippines (DBP) presents its fifth Sustainable Development Report, The Colors of Development. We prepared this in compliance with the Global Reporting Initiative (GRI) G3.1 Guidelines to present a clear, accurate, and balanced view of our sustainability performance in 2012. Our GRI Application is self-declared at Level B. The GRI sustainability framework covers all aspects of sustainable development evolved by the leader among corporate sustainability reporting systems in the world.

In line with DBP’s commitment to transparency and accountability, we have been publishing an annual Sustainable Development Report (SOR) since 2008. This is our fourth SOR, and it was prepared in accordance with the Global Reporting Initiative (GRI), the most widely accepted sustainability reporting framework in the world. This report provides comprehensive information about the economic, social, and environmental performance of DBP in 2011. It provides a general description of the Bank’s sustainable development policy and how this is reflected in the way we manage our business.

At DBP, we have learned how important it is to listen to the sounds of the earth and understand what each is trying to say. That is the only way we will learn how to protect the planet and ourselves, and how to rebuild what we have allowed to wear down. In this second DBP Sustainable Development Report, we bring to the fore the programs we have created and have been supporting to help ensure our planet’s sustainability and uplift the human spirit.