BDO has been recognized by many different prestigious organizations for its best practices. The bank was among the top 50 publicly listed companies for 2013-2015, as ranked by the ASEAN Corporate Governance Scorecard. Forbes 2018 named it one of the Global Top Regarded Companies 2000 for 2017-2018, while also listing BDO as one of 2018’s Global Top World’s Best Employers. The FTSE4Good Index Series, designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices, also included the financial institution in its 2017 Index. As an employer, BDO offers competitive compensation packages as well as opportunities for advancement and professional development via targeted training and skills development programs. The bank also strives to provide an empowering working environment for its employees, to allow them to demonstrate their full capabilities and talents. The BDO Foundation spearheads the bank’s corporate social responsibility (CSR) initiatives which are divided into disaster response, rehabilitation, rebuilding, and financial inclusion. The Foundation leverages resources towards the relief, rehabilitation, and recovery of disaster stricken communities. To date, BDO has conducted 240 relief operations, serving 471,199 families. The bank also has constructed 34 school building to date, with 116 classrooms benefiting 32,657 student. Additionally, BDO has initiated nine housing projects to date, benefiting 636 families. BDO Foundation recently launched its program on financial inclusion to help improve the financial literacy of underserved Filipinos. The program has two focus areas: financial education, and capacity building for small entrepreneurs. It is expected to benefit 700,000 teachers, 2.4 million students, 90,000 soldiers, and 2.3 million OFWs. The bank believes its biggest challenge over the next five years is to improve financial inclusion by finding ways of further serving the underserved and the unbanked, as well as the young and emerging affluent segments of the population. It believes the banking industry will also have to be able to optimize the use of digital technology to ensure that its processes and systems are capable of providing safe and uninterrupted service while allowing clients access to the products they need. In order to extend market reach and expand its product offerings across multiple platforms, BDO is aiming to increase its footprint by opening 50 to 60 new local branches per year, in addition to marketing offices, ATMs, and other digital outlets. It will also increase market coverage via MSME loan products through its rural bank subsidiary, One Network Bank (ONB). The bank also hopes to expand life insurance penetration by increasing the number of BDO Life’s Financial Advisors stationed at its branches. Plans are also underway to upgrade its online stock brokerage unit BDO Nomura’s trading platform to make it more user-friendly, while capitalizing on BDO Private Bank’s open architecture to reach more emerging affluent and high net worth individuals. As the banking industry moves into a new digital age, BDO will work on strengthening its digital infrastructure by moving more applications to the cloud, complementing physical branches with digital channels, enhancing cyber security, and harnessing big data to gain more client insight in order to support cross selling initiatives, and monitor feedback for marketing programs. As an outstanding corporate citizen, BDO believes in providing sustainable value creation to promote the best interest of its stakeholders. The bank continually enhances its corporate governance framework to sustain superior business performance anchored on the principles of fairness, integrity, transparency, accountability, and performance.