ADFIAP Sustainable Awards

Sustainable Development Awards Winners 2023

Chief Executive Officer Award 2023

Mrs. Cecilia C. Borromeo

President, and Chief Executive
Land Bank of the Philippines

Institutional Project Awards

Category 1: Human Capital Development

State Development Corporation VEB.RF

Development Institutions Group Day

SME Bank Malaysia Berhad

Upskilling and Upward Mobility Programme

Merit Award/s

  • PT Sarana Multi Infrastruktur (Persero) – PT SMIs Global Secondment Program
  • Philippine Guarantee Corporation – PHILGUARANTEE Competency Framework

Category 2: Environmental Development

Bank Pembangunan Malaysia Berhad​

Nextgreen Pulp & Paper Sdn Bhd (NPPSB)

Land Bank of the Philippines

Clean Development Mechanism on Animal Waste Management (with Biotech Farms as showcase farm)

Merit Award/s

  • State Development Corporation VEB.RF – Inaugural Green Bond Issue
  • DFCC Bank PLC – Biogas for Dairy Farmers
  • Development Bank of Japan, Inc. – DBJ and ClassNK established “Zero-Emission Accelerating Ship Finance”

Category 3: SME Development

ASKI Group of Companies (ASKI Multipurpose Cooperative)

SME Financing: ASKI’s Graduation Model

Merit Award/s

  • PT Sarana Multi Infrastruktur (Persero) – Coffee QiTA Takes on Stages in G20 Presidency
  • Agricultural and Rural Development Bank (ARDB) – Government Special Fund Financing Program for Small and Medium Agricultural Enterprises (SMAEs) Development
  • Tekun Nasional – Business Recovery Facilities for Entrepreneurs During Pandemic

Category 4: Infrastructure Development

PT Sarana Multi Infrastruktur (Persero)

Indonesia’s Energy Transition Mechanism (ETM) Country Platform

State Development Corporation VEB.RF

Preferential Subsidy for Constructing Infrastructure in Monotowns

Merit Award/s

  • Employee Provident Fund – Financing of Nepal infrastructure projects (hydro, airlines, schools, hospital, cable car, hotel, cement factory, sugar mill, paper mill etc.
  • Small Industries Development Bank of India (SIDBI) – Cluster Development Vertical
  • Development Bank of Mongolia – Expansion Project of Amgalan Thermal Power Plant

Category 5: Technology Development

Development Bank of Japan, Inc.

OIST-Lifetime Ventures Seed Fund

Merit Award/s

  • JSC “Development Bank of the Republic of Belarus” – JSC “Agency of Service and Reengineering”
  • Oman Development Bank – Blockchain-based Digital Signature

Category 6: Trade Development

Eurasian Development Bank

Eurasian Transport Network

China Development Bank

China–UAE Industrial Capacity Cooperation Demonstration Zone

Category 7: Local Economic Development

Small Business Corporation

Helping the Economy Recover thru OFW Enterprise Start-ups Program (HEROES PROGRAM)

State Development Corporation VEB.RF

ESG Charter of Russian Cities

Merit Award/s

  • Small Industries Development Bank of India (SIDBI) – Women Entrepreneurship – Livelihood Enhancement and Development (WE-LEAD)
  • DFCC Bank PLC – Foreign Income Development
  • Development Bank of the Philippines (DBP) – Puerto Princesa City Water District

Category 8: Financial Inclusion

Pag-IBIG Fund (Home Development Mutual Fund)

The Lingkod Pag-IBIG on Wheels (LPOW)

Credit Guarantee Corporation (CGC) Malaysia Berhad

CGC Developmental Programme

Merit Award/s

  • Land Bank of the Philippines – Online Deposit Account Opening and Purchase of Retail Treasury Bonds
  • PT Sarana Multi Infrastruktur (Persero) – Road to G20 Product Innovation and Digital Marketing Training Session
  • Fiji Development Bank – FDB Financial Literacy Program

Category 9: Corporate Governance

State Development Corporation VEB.RF

VEB.RF ESG Transformation Program

Merit Award/s

  • Employees Provident Fund – Fixed corporate philosophy from financial year 2068/69 as Core Values

Category 10: Corporate Social Responsibility

ASKI Group of Companies (ASKI Skills and Knowledge Institute, Inc.)

Project “ExCEED” (Extending Opportunities for the Community through Empowerment and Education)

Bank of Industry and Mine

BIM’s CSR Program

Merit Award/s

  • State Development Corporation VEB.RF – Russian Cities Quality of Life Index
  • PT Sarana Multi Infrastruktur (Persero) – Shrimp Carbon Aquaculture (SECURE) and Sustainable Eco-Tourism for Mangrove Rehabilitation
  • Export-Import Bank of India – CSR Project for Child: Akshaya Patra Mid-Day Meals

Special Awards

Best Sustainability Report

Perbanadan Usahawan Nasional Berhad (PUNB)

Aspiring Sustainability for a Brighter Tomorrow

Best Website

Eurasian Development Bank

First Payor

Bank Pembangunan Malaysia Berhad