Security Bank Corporation (PSE:SECB) won the Workplace Wellness Award-Philippines at the inaugural ESGBusiness Awards for its employee wellness programs, including its industry-leading Future of Work (FoW) hybrid work setup. The Bank’s investment banking arm, SB Capital Investment Corporation, also took home the award for Renewable Energy Financing Programme-Philippines Award for its green bonds’ issuance.
The Workplace Wellness Award underscores Security Bank’s integrated approach to cultivating a healthy culture through forward-thinking initiatives that prioritize wellness such as stress management, work-life balance, reduced financial stress, and personal growth.
By implementing its Future of Work (FoW) Program, which embraces a role-based hybrid arrangement blending remote and in-office work, the Bank guarantees heightened employee satisfaction and retention rates.
Nerissa Berba, Executive Vice President and Chief People Officer of Security Bank Corporation, expressed her gratitude for the recognition, stating, “We believe that a healthy and thriving workforce forms the foundation of every successful organization. This award serves as a resounding affirmation of our dedication to creating a workplace that not only values professional development but also places high priority on the well-being of our employees.”
SB Capital’s recognition for Renewable Energy Financing highlights its contribution to sustainable development by backing transformative projects in the renewable energy sector. Its pivotal involvement in financing ACEN Corporation’s PHP10 billion ASEAN Green Fixed Rate Bonds, representing one of the highest percentages of renewables in its portfolio (among energy companies in Asia Pacific), has earned them this prestigious honor.
“By structuring financial solutions that drive positive environmental impacts, SB Capital remains unwavering in its dedication to contributing to the Philippine’s renewable energy goals. This acknowledgment underscores our commitment to supporting projects that prioritize environmental consciousness and contribute to a more sustainable and eco-friendly future,” said SB Capital President and CEO Virgilio Chua.
Security Bank remains at the forefront of responsible banking and sustainable business practices, aligning its operations with global standards. The Bank was recognized as the Best Retail Bank in the Philippines by Alpha Southeast Asia and the Best Corporate Bank in the Philippines by Asiamoney. It also ranked as the #2 best employer in the Philippines and #54 globally on Forbes’ World’s Best Employers 2023 list.