Security Bank is committed on a long-term basis to developing lasting relationships with both its clients and society, and promoting shared and sustainable growth for a better world—a vision it continuously working towards.
Security Bank recognizes that environmental issues have significant impact on its operations. This Environmental and Social Policy Statement provides the basis for policies in pursuing environment-related initiatives.
As a major provider of financial services in the Philippines, Security Bank recognizes the important role that financial institutions play in nation-building and sustainable development. We acknowledge that environmental and social risks that arise from our activities and those of our customers significantly impact our operations.
We aim to manage these risks appropriately by providing value-adding products and services, acting responsibly, and supporting worthwhile advocacies. In doing these, we also seek to contribute to the sustainable growth of our business and enhancement of our corporate value.
In 2020, our Board of Directors approved an Environmental and Social Policy Framework which established the basis for our policies and the management of environmental and social issues. This framework, which is overseen by the Sustainability Committee, guided our efforts in 2021 to create the Bank’s Environmental and Social Risk Management System (ESRMS) that was designed to identify, assess, and manage environmental and social risks associated with our banking operations.
We look forward to contributing to the realization of a just and sustainable environment and society. Our Framework will help us measure and monitor our impact from a broader perspective—to include our network of individuals, businesses, and communities—and enable us to further deepen our relationships with stakeholders and to promote shared and sustainable growth for a better world.