The Bangko Sentral ng Pilipinas (BSP) has drafted additional rules to ensure banks continue to so-called “greening” by integrating climate change and environmental and social (E&S) risks in its key strategies and operations. The proposed guidelines seek to ensure the integration of “sustainability principles in the risk management system particularly ...

Source: Manila Bulletin (https://mb.com.ph/2021/05/17/bsp-proposes-more-climate-change-rules/?utm_source=rss&utm_medium=rss&utm_campaign=bsp-proposes-more-climate-change-rules)