With effect from 1st July 2016, the operations of Generali Pilipinas Life Assurance Company, Inc. (GPLAC) have been reorganized.

GPLAC has been renamed BDO Life Assurance Company, Inc. (BDO Life)1 while Generali Pilipinas Insurance Company, Inc. (GPIC) has been renamed Generali Life Assurance Philippines Inc. (Generali Philippines)2.

All existing individual life policies written by GPLAC prior to 1st July, 2016 including the BDO Mortgage Redemption Insurance (MRI) Program will continue to be serviced by BDO Life.

All existing group business including Employee Benefits coverage (Life & Health) written by GPLAC prior to 1st July will continue to be serviced by Generali Life Philippines.

There will be no impact on the terms and conditions of all existing policies.

1 BDO Life is a wholly-owned subsidiary of BDO Unibank, Inc.
2 Generali Life Philippines is a wholly-owned subsidiary of the Generali Group.

Please click the link below to be redirected to the BDO Life site.

Please click the link below to be redirected to the Generali Life Philippines site.

Should you have further questions, please feel free to get in touch with us:
BDO Life
Telephone Number: 885-4110
Email: we-care@bdolife.com.ph

Generali Life
Telephone Number: (63) 2 580-6600 & (63) 2 894-1135

Home Governance Significant environmental impacts

Significant environmental impacts

The Environmental Management System considers both direct impacts, i.e. those related to the Group’s activities, and indirect impacts, i.e. those associated with purchasing, planning and providing insurance and finacial products and with institutional investment activity.

Direct environmental impacts

The areas where to intervene are the following:

  • management of buildings and company structures: this management is increasingly conducted with a view to continuously improving the operating comfort of all staff members and to efficiently using the natural resources. In order to minimize negative environmental impacts, the Group undertakes:
    • to reduce the consumption of energy, water and paper;
    • to efficiently manage waste, by increasing the selectively collected waste.
  • management of corporate mobility: the Group travel policy provides for:
    • a mobility reduction, increasing video- and teleconferences, e-learning training, etc.;
    • the preference for public transport or collective transport, such as shuttle services, car pooling, etc.

Indirect environmental impacts

The Group takes appropriate measures to encourage eco-sustainable behaviour in its stakeholders, involving them in the environmental protection. Specifically, the main areas where to intervene are the procurement ecology, the product ecology and the investment ecology, which are related to relationships with suppliers, clients and issuing companies, respectively.

  • Procurement ecology: to ensure the integrity of the supplier chain, the Group takes operating measures, e.g. sanctionary clauses that can lead to cancellation of contract in case of violation, to prevent suppliers and supplier chain violation of applicable regulations on health and safety in the workplace and environmental protection as well as on the Group’s ethical principles.
  • Product ecology: to encourage eco-compatible behaviour in clients and consumers, the Group enlarges and increases the value of insurance products and services, involving the stakeholders through specific information and training programmes.
  • Investment ecology: the Group drew up an investment policy and prepared its own ethical guidelines designed to eliminate the risk of supporting through investments companies that do not respect the principles on human rights, labour, protection of the environment and anti-corruption.