SGV Climate Change and Sustainability Services (CCaSS) Principal Bonar A. Laureto was a guest speaker at the 66th Charter Anniversary Symposium and Special General Membership Meeting organized by the Rural Bankers Association of the Philippines (RBAP) at the Rizal Park Hotel.
Bonar talks about Environmental and Social Risks for Rural Banks
Bonar shared his insights on setting up the Environment and Social Risk Management Framework for Rural Banks, as well as the opportunities, advantages, and overall impact on climate investment. He spoke alongside Bangko Sentral ng Pilipinas (BSP) Assistant Governor Lyn Javier, who talked about BSP policies and recommended that banks seek technical assistance from sustainability experts and organizations.
The event aimed to provide relevant and noteworthy inputs for new opportunities to engage in and develop more collaborations with other private entities supportive of rural banking. It also provided a platform to share the latest industry updates that will be useful in day-to-day operations.
Rural and cooperative bank owners, shareholders, directors, and senior officers from across the country attended the event.