On May 27, 2017 the Manila Bulletin reported that the Bangko Sentral ng Pilipinas (BSP) and the IFC signed a Memorandum of Understanding (MOU) to “ to enhance the banking system’s risk management and good governance tools, generally improving the “environmental, social and corporate governance” (ESG) of local banks.”
The BSP is a member of the Sustainable Banking Network (SBN), a capacity building and knowledge platform for banking regulatory authorities and bank associations stablished by IFC and several partners in 2012.
You may read the article on the Manila Bulletin internet site.