Commercial Bank Hosts Discussion on Mine Investment

Rizal Commercial Banking Corporation (RCBC) hosted a roundtable discussion along with representatives from major banks that tackled the operationalization of responsible investment on mining projects.

The said roundtable discussion was also attended by representatives from the Mines and Geosciences Bureau, Chamber of Mines of the Philippines, Philippine Extractive Industries Transparency Initiative (PHEITI), as well as financial Institutions working closely with the local mining industry.

RCBC pledged to continually play a leading role by bringing the financial sector, civil society and policy makers to support   sustainable finance in the country.

Mr. Jamal Ahmad , RCBC Chief, Risk Officer,  pronounce that environment and  social risk management  is  the foundation of the bank’s sustainable finance  strategy.

The said event was organized by  the Dutch Association of Investors for Sustainable Development in   partnership with Bantay Kita, a national coalition for enhanced natural resources governance.

 

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