BDO Unibank reinforces its commitment to sustainability as it
continues to provide financing to notable projects that facilitate climate resilience
and promote inclusive growth. As a key contributor in helping boost the
Philippine economy, the Bank recognizes the importance of supporting
environmental-friendly infrastructure and green buildings to reduce carbon
footprint.
Menarco Development Corporation (MDC), a multi-awarded and
internationally recognized real estate developer and property management
company, takes a leading role in driving a more sustainable environment. MDC’s
first project, Menarco Tower, a commercial building located at 32nd Street
in Bonifacio Global City, is the embodiment of Menarco’s commitment to people
and the planet. Menarco is built better with its efficient use of water and
energy through a combination of passive and active measures which includes
motion sensors, energy recovery for outdoor air supply, double-glazed glass,
greywater recycling, and drip irrigation for its edible garden.It can also
withstand the strongest typhoons and earthquakes with its solid structural
integrity.
“Menarco Tower is not just green but also healthy. A building
focused on sustainability and on the well-being of the people is key to a
united vision which leads to a strong company, to nation building and to
preserving the planet for future generations,” says Carmen G. Jimenez-Ong, CEO
of Menarco Development Corporation.
Menarco Tower is LEED (Leadership in Energy and Environmental
Design) Gold Certified and has been awarded as Best Green Development at the
Southeast Asia Property Awards and Philippine Property Awards. LEED certification
is a globally recognized symbol of sustainability achievement and leadership.
Menarco is the only developer in the Philippines which currently has 5
international certifications.
“It was during the pandemic when we realized that we needed the
help of a bank for our cash management requirements. Our previous loan was not
structured according to the asset and BDO provided the right loan package to
match loan repayment. BDO listens and truly finds ways! Our Chairman Emeritus
(Menardo Jimenez) can be demanding and precise with his needs and wants. BDO
took good care of their relationship with the family to keep him content.”
shares Jimenez-Ong.
The CEO of Menarco cites, “A good relationship with a bank is like
sustenance. Knowing that they are around to support our next endeavor provides
assurance. We rely on our bank relationships to help us with our daily
activities and maximize assets, and now with digitization processes — it makes us
dependent on banks to ensure our payments are done on time. We know that BDO
wants us to succeed in our business and they are our partner in finding a
win-win situation,” concludes Jimenez-Ong.
BDO Unibank has the same vision as Menarco Tower. The Bank’s
unwavering commitment to sustainability is evident as its BDO Corporate Center
(BDO CCO) Ortigas’ 47-story office structure is also LEED certified. It is the
first high-rise office commercial building in the Philippines to achieve a LEED
Gold “New Construction Category” Certification. BDO CCO’s building has automated
monitoring and control systems such as CO2 sensors, occupancy sensors, daylight
dimming, and timer switches to conserve energy. It also has dual piping in the
plumbing system which uses recycled water for flushing.
BDO Unibank supports sustainable companies as it is a great way to give back to the environment, and the Bank’s funding of green buildings presents opportunities for economic growth.
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