"Sustainability in Traditional Crafts: A Guide to BDO's ASEAN Sustainability Bond Issuance

Here is the polished and professional version of the blog post:Sustainability in Traditional Crafts: A Guide to BDO's ASEAN Sustainability Bond IssuanceAs enthusiasts of traditional crafts, we recognize the importance of preserving our cultural heritage while ensuring a sustainable future. In this blog post, we will address five common questions and concerns related to Bank of Development (BDO)’s first ASEAN sustainability bond issuance, which finances environmentally friendly, socially responsible, and sustainable development projects.Q: What is an ASEAN Sustainability Bond (ASB), and how does it differ from traditional bonds?An ASB is a type of bond that specifically focuses on financing projects that have positive environmental or social impacts. Unlike traditional bonds, ASBs are designed to generate returns while promoting sustainability, rather than solely providing financial gains.Debunking Misconceptions: Some might argue that sustainability-focused investments are too niche or complex. However, the benefits of ASBs far outweigh any perceived drawbacks. By investing in sustainable projects, we can create a better future for ourselves and future generations.Q: What kind of projects did BDO's ASEAN Sustainability Bond Issuance finance?The P52.7 billion raised through BDO’s two-year ASB issuance was allocated to finance various green and social projects aimed at mitigating the impact of climate change on the country and generating employment opportunities in underserved communities.Concrete Consequences: By supporting these projects, we can reduce our carbon footprint, promote eco-friendly practices, and empower local communities. This not only benefits the environment but also fosters a sense of community and social responsibility.Q: How does BDO's ASEAN Sustainability Bond Issuance align with traditional crafts values?As traditional crafts enthusiasts, we value preserving cultural heritage while promoting sustainability. BDO’s ASB issuance aligns with these values by supporting projects that promote eco-friendly practices and empower local communities – essential for the long-term preservation of traditional crafts.Practical Application: By incorporating sustainable practices into our daily lives, such as reducing waste or using eco-friendly materials, we can make a positive impact on the environment. This, in turn, supports the preservation of traditional crafts and ensures a brighter future for our community.Q: What are the benefits of investing in an ASEAN Sustainability Bond?Investing in an ASB offers numerous benefits, including: Social Impact: ASBs generate positive social impacts by supporting projects that promote employment opportunities, education, and community development. Environmental Benefits: By financing green projects, we can reduce our carbon footprint and contribute to a cleaner, healthier environment. Financial Returns: ASBs offer competitive returns while aligning with your values and promoting a sustainable future.Q: How can traditional crafts enthusiasts get involved in ASEAN Sustainability Bond Issuances?While individual investors may not be able to participate directly in ASB issuances, there are still ways to support the cause: Education: Learn more about ASBs, their benefits, and how they align with your values. Influence: Encourage your financial institutions or investment firms to consider issuing ASBs or supporting sustainable projects. Participation: Join forces with like-minded individuals or organizations to promote sustainability in traditional crafts and support ASB issuances.Actionable Advice:1. Start Small: Begin by incorporating small, sustainable changes into your daily life, such as reducing waste or using eco-friendly materials.2. Stay Informed: Stay up-to-date on the latest developments in ASEAN sustainability bond issuances and traditional crafts.3. Join the Movement: Connect with like-minded individuals and organizations to promote sustainability and support ASB issuances.By embracing the benefits of ASEAN sustainability bond issuances, we can create a brighter future for ourselves, our community, and the environment. Remember, every small step counts – start your sustainable journey today!Conclusion:As traditional crafts enthusiasts, it is essential that we prioritize sustainability while preserving our cultural heritage. By understanding the benefits of ASEAN sustainability bond issuances and getting involved in promoting sustainability, we can create a better future for ourselves and future generations.

Edward Lance Arellano Lorilla

CEO / Co-Founder

Enjoy the little things in life. For one day, you may look back and realize they were the big things. Many of life's failures are people who did not realize how close they were to success when they gave up.