Rizal Commercial Banking Corporation
Unverified XFID Unique Identifier for Rizal Commercial Banking Corporation:
XOVKCIKARO 2 Second Party Opinions
1 Impact Report
1 Framework
Documents (4)
| XFID | Type | Title | Year | Source | Retrieved |
|---|---|---|---|---|---|
| XF-2K2VB6Q-U | Impact Report | RCBC Impact Report 2019 | 2019 | www.rcbc.com | 31 Mar 2026 |
| XF-14VFR56-E | Framework | RCBC Green Finance Framework | 2018 | www.rcbc.com | 31 Mar 2026 |
| XF-ZRS1TAZ-I | Second Party Opinion | RCBC Sustainable Finance Framework | 2019 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 5 Mar 2026 |
| XF-LES4VLN-T | Second Party Opinion | Rizal Commercial Banking Corporation Sustainable Finance Framework Second Party Opinion (2024) | 2024 | mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com | 2 Mar 2026 |
Press Coverage (1)
News and trade press mentioning this issuer, tracked in the registry.
XF Company Profile
Extra-financial information found across 4 documents in the XframeworkID registry
NACE K Financial & Insurance Activities
Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.
Issuer Identity & Structure
- Issuer name and country/jurisdiction
- Rizal Commercial Banking Corporation (RCBC), Philippines FRAMEWORK 2018 2018
- Issuer sector/industry classification
- Financial & Insurance Activities; Banking FRAMEWORK 2018 2018
- Issuer type
- Universal bank; commercial and investment bank FRAMEWORK 2018 2018
Green / Sustainable Finance Framework
- Sustainable bond framework name and version
- RCBC Sustainable Finance Framework FRAMEWORK 2018 2018
- Bond types covered under framework
- Green bonds, social bonds, sustainability bonds, green loans, social loans SPO 2024 2024
- Framework publication date and update history
- 21 December 2018; updated framework assessed in 2024 FRAMEWORK 2018 2018
- Project evaluation and selection process description
- RCBC's Sustainable Finance Committee will evaluate and approve eligible projects in line with Framework's eligibility criteria with environmental and social risk assessments SPO 2024 2024
- Management of proceeds approach
- Portfolio approach; RCBC's Balance Sheet Management Team and Sustainable Finance Committee responsible; full allocation within two years on best-efforts basis SPO 2024 2024
- Temporary investment of unallocated proceeds
- Cash or cash equivalents SPO 2024 2024
- Reporting commitments under framework
- Annual reporting on allocation of proceeds and corresponding impact until full allocation SPO 2024 2024
External Review & Verification
- Second Party Opinion (SPO) provider name and assessment date
- Sustainalytics, 2024 SPO 2024 2024
- SPO preliminary evaluation or credibility rating
- Credible and impactful SPO 2024 2024
Standards & Regulatory Alignment
- Alignment with ICMA Green Bond Principles
- Yes; Green Bond Principles 2021 SPO 2024 2024
- Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
- Yes; Social Bond Principles 2023, Sustainability Bond Guidelines 2021 SPO 2024 2024
- Alignment with UN Sustainable Development Goals
- SDGs 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 14, 15 SPO 2024 2024
- Alignment with ASEAN Sustainability Bond Standards
- Yes; ASEAN Sustainability Bond Standards 2018, ASEAN Green Bond Standards 2018, ASEAN Social Bond Standards 2018 SPO 2024 2024
Impact Metrics & Reporting
- Annual impact reporting commitment
- Yes; annual reporting SPO 2024 2024
Corporate Strategy & Mission
- Corporate mission and sustainability strategy
- RCBC is committed to uphold social and environmental responsibility in all business activities; inclusive financial business model; balancing non-financial factors with financial priorities FRAMEWORK 2018 2018
- Corporate purpose statement relating to sustainability
- Good corporate citizenship and fundamental to risk management and protection of investors and shareholders FRAMEWORK 2018 2018
ESG Framework & Governance
- ESG integration framework and methodology
- Patterned after International Finance Corporation (IFC) Performance Standards for Environment and Social Sustainability FRAMEWORK 2018 2018
- Internal ESG governance structure
- Sustainable Finance Committee; Balance Sheet Management Team SPO 2024 2024
Changes Over Time
Items where disclosed information changed across documents.
Bond types covered under framework
Annual impact reporting commitment
Alignment with ICMA Green Bond Principles
Alignment with ICMA Social Bond Principles
Alignment with UN Sustainable Development Goals
Project evaluation and selection process description
2019 Two-step process: initial project selection by business units based on Social and Environmental Management System Policy, followed by final validation by internal committee with cross-departmental representation from Credit Risk, Business and Sustainability teams →
2024 RCBC's Sustainable Finance Committee evaluates and approves eligible projects in line with Framework's eligibility criteria with environmental and social risk assessments
Management of proceeds approach