BOI Unveils Sustainable Finance Framework for Inclusive Growth
Written by Blessing Ajibuwa on June 24, 2025
The Bank of Industry (BOI) has launched its Sustainable Finance Framework to promote inclusive, climate-resilient growth and align its operations with global environmental, social, and governance (ESG) standards. The framework supports BOI’s 2025-2027 corporate strategy and emphasizes a triple-bottom-line approach focused on People, Planet, and Profit.
Key Highlights
– *Sustainable Finance Framework*: BOI’s new framework promotes inclusive growth, climate resilience, and environmental sustainability.
– *ESG Standards*: The framework aligns BOI’s operations with global environmental, social, and governance standards.
– *Triple-Bottom-Line Approach*: The framework focuses on People, Planet, and Profit to ensure sustainable development.
Objectives of the Framework
The Sustainable Finance Framework has the following objectives:
1. *Promote Inclusive Growth*: Support businesses that promote economic inclusion and job creation.
2. *Climate Resilience*: Encourage sustainable practices and climate-resilient projects.
3. *Environmental Sustainability*: Support projects that reduce environmental degradation and promote sustainable development.
Impact of the Framework
The framework is expected to have a significant impact on BOI’s operations and the broader economy. It will enable the bank to:
1. *Raise Green, Social, and Sustainability Bonds and Loans*: Attract funding for sustainable projects and businesses.
2. *Support Key Sectors*: Focus on sectors like renewable energy, healthcare, and digital infrastructure.
3. *Contribute to National Goals*: Support job creation, gender inclusion, and climate resilience.
Conclusion
The launch of BOI’s Sustainable Finance Framework is a significant step towards promoting inclusive growth and environmental sustainability. The framework will enable the bank to support sustainable projects and businesses, contributing to the country’s economic development and environmental protection.