The BSP has started work in this area by launching a design competition for the new BSP complex to be built in New Clark City. The BSP complex is envisioned to become a global benchmark for a smart, green, and modern facility that promotes environmental sustainability, efficiency and employee health and wellness.
The BSP has also been a staunch advocate of the mainstreaming of sustainable principles in supervised entities and promotion of sustainable financing. In 2020, the BSP issued the Sustainable Finance Framework which communicated our expectations for banks to integrate sustainability principles in their corporate strategy, operations, governance and risk management systems.