The issues covered included the present level of commitment to the 2030 Agenda and the Sustainable Development Goals by public and private organizations and citizens.
Unicaja Banco, aware of the importance of sustainability, integrates this topic, together with Corporate Social Responsibility, in its management tools and in the development of its action plans, as reflected in its mission, vision and values and basic principles, which guide the daily development of its activities and of those of the companies in its group, as well as in its medium and long-term business strategy.
Unicaja Banco and the International Training Center for Authorities and Leaders (Cifal) Malaga, promoted by the UN, through its agency Unitar (United Nations Institute for Training and Research), have analyzed the present and future of sustainable finance.
Both institutions have held at the Casita del Jardinero, in Malaga, headquarter of Cifal, an encounter with the participation of various social and economic actors.
The goal of the meeting has been to exchange views on sustainable finance, which are participated by citizens, the financial sector, users of financial services, scholars or businesses.
Topics covered
The topics covered have included the present level of commitment to the 2030 Agenda and the Sustainable Development Goals (SGDs) by public and private organizations and by citizens and consumers.
Another topic addressed has been the level of knowledge of private and public institutions on the regulatory proposals arising from the European Commission’s Action Plan on Sustainable Finance and the role of regulation in the protection of a common good as the environment.
The participants have also discussed about the tools regarding sustainable finance, such as social and sustainable green and blue bonds, green credits and investment and pension funds, which follow environmental, social and governance criteria.
All of the previous, with the goal of analyzing if those tools are understood by the different stakeholders, if they generate yields and if they have a risk profile higher than ‘non-sustainable’ financial products. The meeting left issues open which will be addressed in upcoming events on this topic.
This event has been attended by José María López, Head of CSR at Unicaja Banco, María José Rueda, member of the CSR Area at Unicaja Banco; Julio Andrade Ruiz, Head of Cifal Málaga; Patricial Suarez, president of Asufin (Asociación de Usuarios Financieros); Alberto Ruiz, partner of Cremades & Calvo Sotelo and professor of Administrative Law at Universidad de Málaga; Juan Andrés Salido, head of Sustainable Finance Services Spain and Portugal at DNV GL; Claudia Luna, journalist specialist in economics and finance, and Ignacio Fernández Montes, president of the local division in Andalusia of Instituto Español de Analistas Financieros (IEAF).
Importance of sustainability and CSR for Unicaja Banco
Unicaja Banco, aware of the importance of sustainability, integrates this topic, together with Corporate Social Responsibility, in its management tools and in the development of its action plans, as reflected in its mission, vision and values and basic principles, which guide the daily development of its activities and of those of the companies in its group, as well as in its medium and long-term business strategy.
A proof of this commitment is the contribution to the achievement of the 10 Principles of the Global Compact and to the 17 SDGs. All of the previous is reflected, among other things, in the Consolidated Statement of Non-Financial Information of Grupo Unicaja Banco, approved by the General Meeting of Shareholders, which lists the main actions and indicators related to the economic-financial, social and environmental areas.
