logo-fachada-unicaja-banco-2

Unicaja Banco boosts an Action Plan on Sustainable Finance to enhance the integration of ESG criteria into its business strategy

With this action, included in one of the axes of Unicaja Banco Strategic and Transformation Plan 2020-2022, the bank adapts to the current trends and good practices in ESG, and it also reflects the demands from stakeholders like customers and investors

18 SEP 2020

3 Min reading

Unicaja Banco strengthens its commitment to sustainability with the approval of an Action Plan on Sustainable Finance, which will give a boost to the integration of environmental, social and governance (ESG) criteria into its business strategy. This strategic decision has been recently approved by the bank’s Board of Directors.

 

With this action, included in one of the axes of Unicaja Banco Strategic and Transformation Plan 2020-2022, the bank adapts to the current trends and good practices in ESG, and it also reflects the demands from stakeholders such as customers and investors.

 

With this Action Plan on Sustainable Finance, which includes 21 measures, the bank intends to arrange the transition to a model integrating topics related to sustainability, specifically, in four areas: business models and strategies; governance; risk management (especially, climate and environmental risks) and transparence. In this sense, Unicaja Banco seeks with this initiative the progressive incorporation of sustainability factors into its corporate culture.

 

Additionally, the plan also intends to integrate those risks related to the environment and climate change into the bank’s management model, as well as to define goals and set metrics and indicators to assist the bank in making strategic decisions.

 

Among other measures, Unicaja Banco wants to facilitate the transition of its products to the sustainability classification, as well as to contribute to the development and sale of new retail and wholesale financial products and services that promote sustainable consumption and investments.

 

Commitment to society, environment and fight against climate change

 

This initiative, which falls within the actions that Unicaja Banco has been developing for years through its Corporate Social Responsibility (CSR) policy, renews the commitment to social and environmental sustainability of both the bank and the companies in its Group.

 

A proof of the above is the bank’s commitment to the 10 Principles of the Global Compact, to the 2030 Agenda and to the achievement of the 17 Sustainable Development Goals (SDGs).

 

Furthermore, Unicaja Banco strongly supports the fight against climate change, as it was seen in December last year, on the occasion of the COP25 held in Madrid, when the bank signed, along with a large number of Spain’s financial institutions, an collective agreement on climate change, under which it undertook to reduce the carbon footprint in its credit portfolios.

 

Finally, the bank has developed several actions to inform on SDGs and sustainable finance, both directly and through the Edufinet Project on financial education, promoted by Unicaja Banco and Fundación Unicaja together with other institutions.

  • Institucional

Noticias Relacionadas

Unicorp Patrimonio wins the Expansión-Allfunds competition for the best conservative portfolio

Unicorp Patrimonio wins the Expansión-Allfunds competition for the best conservative portfolio

Unicorp Patrimonio SV, Grupo Unicaja Banco’s private banking, has been awarded, for the third time, in the Expansión-Allfunds Funds Awards, in the category of ‘Best conservative investment fund portfolio’, having obtained the best return in the year 2020, a year marked by the COVID-19. Furthermore, it has come third in the aggressive portfolio category 07 MAY. 2021
Read news
Unicaja Banco supports one more year the work of Federación Malagueña de Peñas with a comprehensive financial service to support its activities in the context of COVID-19

Unicaja Banco supports one more year the work of Federación Malagueña de Peñas with a comprehensive financial service to support its activities in the context of COVID-19

Unicaja Banco supports the work of Federación Malagueña de Peñas (Malaga Federation of Associations) with the signature of an agreement to put at the disposal of the association itself and of its more than 100 member associations a comprehensive specific financial service to facilitate the development of their activities and projects, especially now due to the crisis caused by the COVID-19 09 MAR. 2021
Read news
Unicaja Banco signs a new agreement with Fundación Adecco to collaborate in access to employment for women at risk of social exclusion

Unicaja Banco signs a new agreement with Fundación Adecco to collaborate in access to employment for women at risk of social exclusion

Unicaja Banco has signed a new agreement with Fundación Adecco to boost the development of activities aimed at facilitating access to employment for women at risk of social exclusion 05 MAR. 2021
Read news

For Unicaja Banco S.A., the holder of the web page, it is important to adapt to your tastes and preferences, for which we use own and third-party cookies, that gather connection data that may be linked to your registration user name, the purpose of which is to measure traffic and user interaction with the web page, to help to improve operation of the web content, as well as the services and products offered, preparing behaviour profiles, while always protecting your privacy. You may transparently choose the configuration that suits you best, without that causing any change in your usual operations.