Taking into account the values set out above, Unicaja's sustainability strategy shall be implemented in keeping with the following guiding principles:
Engagement with stakeholders: Unicaja's strategy shall be based on establishing a balanced, transparent and clear relationship with stakeholders, always taking their concerns about ESG matters into account.
People management: Unicaja shall promote the management of the people forming part of its workforce by fostering their well-being and motivation through work-life balance, personal and professional development, and health and safety measures, thus fostering the human team's inclusion and diversity.
Relationship with suppliers: Unicaja shall promote sustainable and responsible management of the supply chain and other relevant players of the value chain by encouraging positive mutual influence with a view to improving the ethical, social and environmental performance of its suppliers.
Respect for the environment: Unicaja's strategy shall enable the global challenge posed by climate change to be addressed by involving its main stakeholders in setting policies and procedures focused on adapting to it and mitigating it in the areas of business and risk management, in particular by adopting international protocols and standards and implementing their best practices.
Inclusion of ESG criteria in risk policies: Unicaja shall include environmental, social and governance criteria in investment and financing analyses, as well as in strategic decision-making processes, credit investment decisions, financing decisions, product design and when providing investment and insurance advisory services. For such purpose: - The integration of environmental, climate and governance risks into Unicaja's strategic and business processes shall be promoted, thereby favouring the financing of projects which contribute to improving society and the environment. - Efforts shall be made to advance the integration of risks related to companies and institutions' corporate governance into analysis and decision-making processes having to with credit risk management, as well as into investment project financing and asset management.
Coherence: Internal coherence in ESG factor management governs Unicaja's actions in order to provide a suitable response to compliance with the commitments it has endorsed, applicable legislation and supervisory expectations.
Transparency: Unicaja shall abide by the principle of transparency when setting, disclosing and implementing strategies, policies and procedures on the integration of sustainability factors into its corporate strategy.
Proportionality: Unicaja shall develop the management of ESG factors within the scope of the business and its related risks according to a line of action based on proportionality, which is defined on the basis of the nature of the Institution's core activity, the relevance of the assets and counterparties assessed, data availability and quality constraints, and the complexity of any changes or adaptations that must be made to its infrastructure, policies and procedures.
Dual materiality: Unicaja shall systematically apply the principle of dual materiality, considering both the impacts of its activity on the environment and society as well as the risks and opportunities that ESG factors pose for the Institution.