ENVIRONMENTAL MANAGEMENT SYSTEM

PRESENTED BYAlyssa Joyce B. Andres

Regine A. Clet

DBPDevelopment Bank of

the Philippines

INTRODUCTION• In the Philippines, development

financing institutions play a pivotal role in the quest for sustainable growth and development. And at the helm of the country’s march toward progress is the Development Bank of the Philippines. As the country’s pre-eminent development financial institution, DBP has taken upon itself the strategic task of influencing and accelerating sustainable economic growth, through the provision of resources, for the continued well-being of the Filipino people.

• The DBP, under its new charter, is classified as a development bank and may perform all other functions of a thrift bank. Its primary objective is to provide banking services principally to cater to the medium and long-term needs of agricultural and industrial enterprises with emphasis on small and medium-scale industries.

• The affairs and business of the Bank are directed, and its properties managed and preserved, and its corporate powers exercised by a Board of Directors consisting of nine (9) members appointed by the President of the Republic of the Philippines. The Chief Executive Officer of the Bank is also the President who is elected by the Board of Directors. The President is also the Vice Chairman of the Board.

History

• DBP's history can be traced back during the Commonwealth when the early infrastructure for development financing was laid by the government. 

• 1935 - The National Loan and Investment Board (NLIB) was created to coordinate and manage government trust funds such as the Postal Savings Fund and the Teacher's Retirement Fund.

1939 - The Agricultural and Industrial Bank (AIB), which absorbed the functions of the NLIB, was created and started to harness government resources until the outbreak of war.

• 1947 - The government created the Rehabilitation Finance Corporation (RFC) under R.A. No. 85 which absorbed the assets and took over the functions of the AIB. The RFC provided credit facilities for the development of agriculture, commerce and industry and the reconstruction of properties damaged by the war.

• 1958 - The RFC was reorganized into the Development Bank of the Philippines. The change in corporate name marked the shift from rehabilitation to broader activities.

• With an initial capital of P500 million subscribed by the government,

• the DBP expanded its facilities and operations to accelerate national development efforts. This forward thrust saw the establishment of a network of branches throughout the country. The DBP tapped both foreign and local fund sources to complement its capital resources. Credits were obtained directly from international financial institutions.

• The DBP delivered to the economy substantial benefits in capital formation, employment generation and increased revenues, particularly in the countryside. In the late seventies and early eighties, however, its viability was undermined by an increasing number of non-performing accounts following a period of economic difficulty.

• 1986 - Former President Corazon Aquino issued E.O. No. 81 which provided for the 1986 Revised Charter that called for a clean up of DBP's books, staff reorganization and infusion of initial operating budget. The rehabilitation program restored its financial viability and DBP resumed lending operations.

• With the transfer of non-performing assets together with liabilities in June 30, 1986 to the National Government,

• the DBP implemented an institutional strengthening program covering a thorough revision of the credit process and a training program for the intensive implementation of new lending thrusts.

• The Bank likewise reopened its lending windows for housing, agriculture, and small and medium scale industries.

• 1995 - The DBP was granted an expanded banking license and attained universal banking status.

• 1998 - Former President Fidel V. Ramos signed R.A. 8523 amending DBP's 1986 Charter.

• Among the major provisions incorporated in the new DBP Charter were the increase of authorized capital stock from P5 billion to P35 billion, and the creation of the position of President and CEO.

• These developments paved the way for the pursuit of other activities that allowed the Bank to fulfil its development mandate more meaningfully.

Mission Statement

• The Development Bank of the Philippines commits itself, in partnership with others, as a viable development financial institution, to influence and accelerate sustainable economic growth through the provision of medium and long term resources for the continued well-being of the Filipino people.

VISION

PEOPLE AND ORGANIZATION • We are proud to belong to the DBP

Family, an organization that puts love of God and country above self.

• We subscribe to values that instill integrity and excellence, teamwork and service to others.

• There is order in the way we do things. We work in an atmosphere of trust and openness.

• We take the lead in promoting the sense of common good, sharing our talents and resources for the well-being of the Filipino people.

• The DBP is an institution that recognizes, rewards, and celebrates the contributions and accomplishments of its people.

• It provides a work environment that is conducive to generating the best from its people even as it optimizes its organizational resources to the fullest.

• We draw guidance from the bank's visionary leadership that seizes opportunities created by change.

• We ascribe our success to our team of competent and loyal human resource, a people who are happy and well motivated, knowledgeable in many fields of operations, and continuously seeking new and better ways of serving our customers.

BUSINESS OPERATIONS

• The DBP promotes the process of development by widening linkages and performing multifaceted roles.

• As a catalyst in this process, the Bank maintains an active presence in the countryside and initiates programs in support of the government's thrust towards sustainable development.

• We assist in developing a pool of experts in industrial restructuring.

• And we are establishing a network of subsidiaries that is recognized globally.

• In response to changes brought about by economic growth, DBP embarks on new activities which makes it competitive in the local, regional, and international markets.

RESULTS

• We are a strong and viable institution, with offices located in strategic areas.

• We are at the forefront of our country's transformation to a newly industrialized country, in gearing up the engines of economic growth.

• We participate in national policy formulation towards the well-being of the citizenry.

• We are contributing to the protection of the environment, to the re-awakening of the spirit of entrepreneurship, and to the promotion of ethical practices and values essential to sustained development.

• As a development institution, we have ventured beyond financial dimensions such as the promotion of culture, sports, and the arts, thus contributing to the forging of unity and national pride among Filipinos.

IMAGE

• We are the pre-eminent development bank in the Philippines, the bank that makes life better for every Filipino: the Development Bank of the Philippines--the bank for all Filipinos.

DBP is the 1st Philippine bank to be ISO 14001 certified

Environmental Management Program

• Management of direct aspects

– Use of electricity and refrigerants

– Consumption of paper, water, fuel, chemicals and lubricants

– Solid waste generation

– Disposal of unused transformers, car batteries, tires, fluorescent lamps

– Enhancement of air quality inside the building

Environmental Management Programs

• Management of indirect aspects

– Lending to borrowers (retail/wholesale)

– Provision of Technical Assistance

Environmental Financing Windows of DBP Environmental Financing Windows of DBP

Environmental Infrastructure Support Credit Environmental Infrastructure Support Credit Program (EISCP) Phase IIProgram (EISCP) Phase II

Industrial Pollution Control Loan Project Industrial Pollution Control Loan Project (IPCLP) Phase II(IPCLP) Phase II

Environment Development Program (EDP)Environment Development Program (EDP) New and Renewable Energy Project (NREP)New and Renewable Energy Project (NREP) DBP Forest ProgramDBP Forest Program Clean Alternative Transport Fuel ProgramClean Alternative Transport Fuel Program Clean Development MechanismClean Development Mechanism Efficient Lighting InitiativeEfficient Lighting Initiative

GLOBAL WARMING PREVENTION INITIATIVES

• DBP vigorously pursues its commitment to environmental protection and sustainable development. DBP is one of the first Philippine banks to integrate environmental considerations in all aspects of its operations. DBP provides financing as well as technical assistance to projects that are environmentally sound.

• The Bank also plays an active role in encouraging clients, and its participating financial institutions under its wholesale lending program, to include environmental considerations in their businesses and thrusts.

Environmental Management System

• The DBP, in its developmental mission and initiatives, is committed to environmental protection and sustainable development and shall integrate and implement environmental considerations into all aspects of its operations and services, asset management, and business decisions.

In pursuit of this policy, DBP commits to:

• Develop, implement and continually improve an Environmental Management System;

• Encourage other institutions to pursue environmental protection and pollution prevention through the Bank's lending and technical assistance programs, and pursue environmental management practices, including environmental due diligence inquiry in risk assessment and management;

• Comply with relevant environmental laws, regulations and agreements to which DBP subscribes;

• Set and review environmental objectives and targets along identified significant environmental aspects; and

• Ensure that all employees at all levels are made aware of and are actively involved in the Bank's Environmental Policy and programs through appropriate training and information

DBP’s ENVIRONMENTAL COMMITMENT

• US $175 million World Bank structural adjustment program, 1992

• Facility to improve efficiency and international competitiveness of Filipino industries; loans with component for environmental concerns

ENVIRONMENTAL ADVOCACY

June 2011, Joint Statement on the Environment and Sustainable Development

• Signatories were the Bankers Association of the Philippines, the Chamber of Thrift Banks, and the Rural Bankers Association of the Philippines

• The first of its kind for banks within Asia

June 2002, Advocacy for Environmental Responsibility

• A follow up forum with the Department of Finance, Department of Environment and Natural Resources, Philippine Chamber of Commerce and Industry, Department of Trade and Industry, Bankers Association of the Philippines, and other agencies and organizations.

• Joint Statement in Environmental Responsibility signed between DENR and PCCI

DBP DIRECTIONS IN ENVIRONMENT MANAGEMENT

• Build on the gains of environmental activities and programs, and exert best efforts to cope with environmental advances and best practices

• Formulation of new and innovative programs on natural resources development and environmental protection

• Ultimate goal: exert influence to make environmental investments part of the continuing business development and improvement objectives of all industries

AWARDS AND CITATION

Through the years, DBP has been a recipient of numerous awards and recognitions from respected local and international institutions, among them:

• Association of Development Financing • Institutions in Asia and the Pacific

(ADFIAP)• The Asset Magazine• PFI Magazine• Institute of Corporate Directors

• The Asian Banking Awards• The Asian Banker 300• Hewitt Associates• World Bank • The Banker Magazine • The Asian Institute of Management • The Personnel Management

Association of the Philippines

Association of Development Financing Institutions in Asia and the Pacific

(ADFIAP)• 2011 Most Outstanding Local

Economic Development Project

• 2010 Most Outstanding Environmental Development Project 

• 2009 Most Outstanding Corporate Social Responsibility Project

• 2008 Most Outstanding Human Resource Development Award

• 2007 Outstanding Corporate Governance Award

• 2006 Environmental Development Project Award

• 2004 Plaque of Merit award for SLDP under the infrastructure development category

• 2003 Technology Development Award• 2003 Human Resource Development

Award• 2002 Environmental Development

Award

20th Century Achievement Award for Founding Members

The Asset Magazine• 2007 The Asset-Triple A House and Deal

Awards Best Project Finance/Best Privatization for the Magat hydropower privatization project financing

PFI Magazine• 2007 Power Deal of the Year Award for Asia

Pacific for the Magat hydropower privatization project financing

Institute of Corporate Directors• No. 1 in the Corporate Government

Scorecard among government-owned and controlled corporations (2006)

The Asian Banking Awards• 2004 Best Development Project for the

SLDP• 2001 Most Outstanding Environmental

Program for the New and Renewable Energy Financing Program

• 1999 Most Outstanding Environmental Program for the Environmental Management Program

• 1998 Most Outstanding Development Finance Program

• 1998 Most Outstanding Fund Sourcing Program

The Asian Banker 300• 2003 Strongest Bank in the

Philippines (Based on financial and operational measures, asset quality, and year-on-year improvements in profits and assets)

Hewitt Associates• 6th Best Employer in the

Philippines for 2003

World Bank Citation• 2000 Recognition of Excellence for the

efficient administration of the US$23 million first tranche of the LGU Urban Water Sanitation Program

International Ratings• Standard and Poor’s (S&P) “BBBpi”

rating for three consecutive rating periods which makes it the highest rated Philippine bank in 1998 and 1999.

• 1997 Moody’s Investors Service’s “D+” Bank Financial Strength Rating for intrinsic safety and soundness.

• 1997 Moody’s Investors Service’s “Ba1” Rating on senior long-term debt and “Ba2” Rating on long-term deposits for strong capital protection, good asset quality, profitability and a vigilant regulatory environment.

• 1997 Japan Credit Rating Agency’s BBB Rating for the 20 Billion Asian Yen Bond Flotation

• 1997 Finance Asia Magazine’s Best Samurai Bond Flotation issued with Daiwa Securities

• 1996 Thomson BankWatch’s LC-1 Rating for short-term, local currency

The Banker Magazine Awards

• 1995 Top Development Bank in the ASEAN Region in terms of income

• 1995 No. 1 Development Bank in the Philippines

• 1995 No. 23 Development Bank in the World

• 1991 Second Soundest Bank in the World

• 1991 Third Best Performing Bank in the World

The Asian Institute of Management (AIM) Award

• 1993 Asian Management Award for People Development and Managament.

The Personnel Management Association of the Philippines ( PMAP ) Awards

• 1991 Employer of the Year• 1991 Best Personnel Program