The Fitch index has reportedly given CaixaBank an ESG Entity Rating score of 2.
This initiative in the sector is geared towards providing information and advisory services to foster the implementation of sustainability in companies and “support them in processes such as decarbonization and environmental improvement.”
The financial institution has reportedly “trained 150 expert managers of CaixaBank Business with the intention of educating customers on the opportunities offered by sustainability as a driving force in their businesses.”
The plan is aimed at the bank’s corporate customers of different sectors “with a turnover of up to €500 million.”
CaixaBank, the benchmark for companies and key player focused on sustainable financing in Spain, has launched “a plan to promote the green transition of companies interested in implementing sustainability in their businesses.”
This project will reportedly help the bank’s corporate customers tackle challenges “such as decarbonization and environmental improvement.”
CaixaBank’s objective is to offer “a personalized advisory service with the support of an expert team.” With this in mind, the bank has trained 150 expert managers of CaixaBank Business to further emphasize “on the opportunities offered by sustainability as a driving force in their businesses, regardless of the sector in which they operate.”
The plan is aimed at companies across sectors “linked to the bank and with a turnover of up to €500 million.”
CaixaBank is committed to working “with companies, especially SMEs, to introduce real environmental changes. SMEs are a driving force in the economy, but they need support in their transition to sustainability.Proposal of specific solutions for companies.”
CaixaBank has recognized that companies “are facing increasing demand from customers, investors and regulators to incorporate sustainable practices into their activity. Large companies are adding sustainable measures to their supply chain, demanding their suppliers comply with certain sustainable requirements.”
In addition, the European Union is putting “a lot of regulatory pressure on the agro-food, transportation and chemicals industries to become more sustainablewhich will require companies to speed up their sustainable transition plans.”
In this context, the bank is launching this project “with the intention of helping companies implement sustainability by means of specific solutions and supporting them in the transition with expert advisory services.”
The objective is that the companies “obtain a comprehensive and individualized vision, in the short- and medium-term, of how to move forward in sustainability considering the opportunities and challenges.”
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