SB 1249

Senate·20th Congress·Filed Aug 27, 2025

Environmental Unit in Every Banking Institution Act

An Act Establishing Environmental Units in Every Banking Institution to Assess the Environmental Component of Loan Applications

In plain language

The bill would require every bank or lending institution to set up an internal environmental unit that checks whether loan projects follow environmental laws, monitors ongoing compliance, and reports to the DENR; borrowers who fail to comply could be declared in default and forced to repay the loan immediately.

Environment and Natural ResourcesBusiness, Trade and IndustryGovernment Administration

Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.

Author · Senator

Loren Legarda
SenatorLorna Regina "Loren" Legarda
Receipts →

Subjects

Environmental UnitsBanking Institution

Official sources

Similar in what they’d do, filed by any lawmaker.

HB 4724· Filed Sep 23, 2025
An Act Establishing Environmental Units in Every Lending Institution to Assess the Environmental Component of Loan Applications
Pending with the Committee on BANKS AND FINANCIAL INTERMEDIARIES since 2025-09-25Rep. Rufus B. Rodriguez +1
HB 3293· Filed Aug 6, 2025
An Act Establishing a National Framework for the Mandatory Environmental Insurance Coverage of Environmentally Critical Projects
Pending with the Committee on ECOLOGY since 2025-08-12Rep. Juan Carlos "Arjo" C. Atayde
SB 455· Filed Jul 10, 2025
Mandatory Environmental Insurance Coverage Act
Pending in the committeeSen. Rodante D. Marcoleta
HB 4171· Filed Aug 28, 2025
An Act Creating the Environmental Protection and Enforcement Bureau (Epeb) Under the Department of Environment and Natural Resources (Denr), Defining Its Powers and Functions, Appropriating Funds Therefor, and for Other Purposes
Pending with the Committee on NATURAL RESOURCES since 2025-09-02Rep. Marlyn L. Primicias-Agabas
HB 8973· Filed Apr 28, 2026
An Act Making the Appointment of an Environment and Natural Resources Officer Mandatory in All Provinces, Cities and Municipalities, Further Amending Section 484 (A) of Republic Act No. 7160, Otherwise Known as �the Local Government Code of 1991�, as Amended
Pending with the Committee on LOCAL GOVERNMENT since 2026-05-05Rep. Eric Go Yap

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SBN-1249 · Sources: BetterGov Open Congress, BatasWatch