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.
