With the aim of continuing to contribute to improving the financial training of business owners and freelancers, always within the framework of a sustainability strategy, Unicaja Banco and the Asturian Federation of Business Owners (FADE) have collaborated to give a training session in Oviedo aimed at this group. On this occasion, the workshop has focused on the need to reduce the emissions of financed portfolios and companies in general.
Under the title ‘The decarbonization of the credit portfolio’, this workshop took place this Tuesday at the headquarters of the employers’ association in Oviedo, on Pintor Luis Fernández street, with the participation of the Head of Sustainability and CSR of Unicaja Banco, José María López, and the Head of Sustainability of CAPSA FOOD, Estefanía Iglesias.
At the workshop, an analysis was made of the public agenda for decarbonization, of the commitments assumed by the financial sector in its commitment to sustainability, of the protection of the environment and the fight against climate change, as well as of the decarbonization objectives that are being defined in this field.
In addition, emphasis was placed on how the financial sector can assist the business sector to undertake its own sustainable transition.
As it was remarked, banking plays an essential role in granting financing to all productive sectors and also because of the influence it can exert on the behavior of its customers and their environmental performance.
Likewise, the financial sector makes it possible to channel the investment of large investors and individuals towards companies and financial assets that are aligned with appropriate environmental and social management. All of this with the ultimate goal of achieving the objectives set out in the Paris Agreement.
Financial institutions are aware of their public mandate and of the fact that financial flows must be consistent with a medium-term path towards the reduction of greenhouse gas emissions. To this end, they have developed a series of methodologies to help make this interconnection effective.
The event held today is the second in a cycle of three sessions within the framework of the collaboration agreement signed between Unicaja Banco and FADE, which includes other training activities. The first of these sessions took place last June and dealt with the improvement of financial wellbeing.
In the said event, an explanation was given on tools with which to face the limitation of resources inherent to any organization, with special focus on those measures that support and promote sustainable financing, always under environmental, social and governance (ESG) criteria.
Commitment to society and economic development
For Unicaja Banco, financial inclusion is essential, especially in an environment in continuous transformation and marked by digitalization. Therefore, in the exercise of its Corporate Social Responsibility (CSR) and its commitment to society, the bank carries out various initiatives to contribute to improving the literacy level of citizens and companies on economic and financial matters.
It does so directly or through the Edufinet Project, which has been promoting financial education actions for nearly 20 years. Specifically, this program has a specific portal aimed at business owners and entrepreneurs (eduFIemp).
Likewise, the support of workshops such as the one developed in collaboration with FADE also responds to Unicaja Banco’s interest in favoring the activity of the business fabric and facilitating the economic boost in its territories of action in general, and in this specific case, in Asturias, one of its regions of origin.
FADE represents and defends the general interests of businesses and freelancers in Asturias. It is currently made up of 81 business associations, which bring together more than 50,000 companies.