Corporate Governance
5 MIN READ
Management of Environmental and Social Risks
We employ a comprehensive Environment and Social Risk Management (ESRM) framework, as well as a strong three-lines-of-defence mechanism to manage these risks and to ensure adherence to our E&S risk appetite.
Emerging E&S Risks and its Impact on Bank’s Business
The Board oversees the ESRM, ensuring it is well integrated into the overall bank governance and our business is protected from E&S threats. The Senior Management, meanwhile, makes the ESRM work as it is intended.
E&S risks from our lending and investment activities are managed through requiring environment compliance certificates, customizing underwriting and risk management, performing stress testing, and implementing an investment policy.
E&S risks arising from products and services are managed through proper assessment during product development, among other efforts.
E&S risks are integrated in our business continuity (BC) framework by conducting awareness programs, disaster risk assessment, business impact analysis, and BC plan and exercises.
Reputational risks arising from E&S risks are addressed through our reputational risk management and crisis communication plan.
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Board Matters
Governance in Metrobank starts with our active and competent Board of Directors which is responsible for providing leadership and control of our affairs, ensuring our long-term sustainability and success.
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Corporate Policies and Practices
Our core values of honesty, integrity and respect for people underpin our work with our customers, employees, suppliers, and other stakeholders. We strive to live out our core values, our responsibilities, and the principles and behaviors by which we do business contained in our Codes of Conduct.
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