DBP Secures Prestigious International Recognition for Sustainability Efforts
The state-owned Development Bank of the Philippines (DBP) has garnered a significant international accolade for its impactful contributions to agricultural advancement and environmental restoration. This recognition underscores the bank's commitment to fostering inclusive growth and sustainable development across the nation.
A Dual Honor for Community and Environmental Stewardship
DBP President and Chief Executive Officer Michael O. de Jesus announced that the bank was distinguished as the Top Community-Centric Company at the 2025 Asia Corporate Excellence and Sustainability (Aces) Awards. This honor was conferred for two key initiatives: the Agri-Puhunan at Pantawid Program (APPP), executed in partnership with the Department of Agriculture, and a comprehensive 100-hectare reforestation project located in Zamboanga Sibugay, Mindanao.
"DBP is immensely proud to receive this accolade, which validates our relentless dedication to supporting the National Government's agenda for inclusive growth," de Jesus stated. "Our programs are meticulously designed to deliver tangible benefits directly to communities, particularly those in remote and underserved regions."
Detailed Insights into the Award-Winning Programs
The Agri-Puhunan at Pantawid Program (APPP) plays a pivotal role in enhancing financial inclusion for farmers, thereby creating sustainable livelihood opportunities and bolstering the agricultural sector. As the executing agency for the Department of Agriculture, DBP has been instrumental in expanding access to essential financial resources, empowering agricultural communities to achieve greater economic stability.
Concurrently, the reforestation initiative, a collaborative effort with the government-run Mindanao State University - Buug, has successfully restored a 100-hectare upland forest in Zamboanga Sibugay. This project not only contributes to environmental conservation but also provides sustainable livelihood opportunities for former Moro Islamic Liberation Front combatants, facilitating their reintegration into society and promoting peace-building efforts.
Organizational Profile and Strategic Focus
Ranked as the ninth largest bank in the Philippines by assets, DBP provides critical credit support to four strategic economic sectors:
- Infrastructure and logistics
- Micro, small, and medium enterprises
- Environmental initiatives
- Social services and community development
The Aces Awards, organized by Malaysia-based MORS Group, celebrate industry leaders across Asia who have adeptly integrated Environmental, Social, and Governance (ESG) principles into their operational frameworks. Evaluation criteria encompass leadership innovation, sustainability endeavors, and measurable growth impact.
A Validation of DBP's Enduring Relevance
"We perceive this latest recognition as a robust affirmation of DBP's significance as a government financial institution," de Jesus emphasized. "Our mandate extends beyond merely funding high-impact projects; we are fundamentally committed to addressing the core needs of our primary stakeholders—the Filipino people."
This award highlights DBP's exemplary role in harmonizing financial services with community-centric and environmental objectives, setting a benchmark for sustainable banking practices in the region.
