Post by account_disabled on Feb 24, 2024 23:45:35 GMT -5
The President of Banco Santander, Ana Botín stated that “the global financial world is mobilizing to support the transition to the green economy,” during the first Santander Sustainable Mexico Forum, which brought together prominent voices on the subject at the international level, together with companies, corporations and investors with interest in ESG issues. At the forum, organized by Santander México Corporate Banking, Botín pointed out “we are financing the green transition. We are global leaders in renewable financing; Since 2020 alone, the renewable projects we have funded have created enough energy to power a city three times the size of London.
By highlighting that given the climate situation “we need long-term planning and regulatory frameworks for the transition to low carbon emissions,” he reiterated Santander's commitment that “in 2030 we will stop providing services to clients with more than 10% of their revenue from thermal coal America Cell Phone Number List and we will eliminate all exposure to thermal coal mining to meet the Paris commitments.” He also highlighted that these great transformations are based on many small changes that take place in each company or entrepreneurial initiative, which is why he highlighted that the bank is being part of these individual stories both with support with financing and advice, as well as with financial inclusion programs that They make a difference for each client.
For his part, the Executive President and General Director of Santander México, Héctor Grisi Checa, commented that in the face of the environmental challenge “not only for a moral obligation, but also for strategic reasons, incorporating environmental, social and governance criteria, the so-called “ESG” criteria, strengthens our resilience, opens new business routes and, above all, contributes to sustainable development.” He said that Santander in Mexico has established itself as one of the main promoters of financing green cars and renewable energy projects. He also highlighted initiatives such as the first variable income investment fund in the country with ESG criteria, the proposal for cards LikeU that incorporate social responsibility components, and the support that the bank has given with its specialized team to the main Mexican companies to consolidate their sustainability policy, or initiate ESG emissions.
By highlighting that given the climate situation “we need long-term planning and regulatory frameworks for the transition to low carbon emissions,” he reiterated Santander's commitment that “in 2030 we will stop providing services to clients with more than 10% of their revenue from thermal coal America Cell Phone Number List and we will eliminate all exposure to thermal coal mining to meet the Paris commitments.” He also highlighted that these great transformations are based on many small changes that take place in each company or entrepreneurial initiative, which is why he highlighted that the bank is being part of these individual stories both with support with financing and advice, as well as with financial inclusion programs that They make a difference for each client.
For his part, the Executive President and General Director of Santander México, Héctor Grisi Checa, commented that in the face of the environmental challenge “not only for a moral obligation, but also for strategic reasons, incorporating environmental, social and governance criteria, the so-called “ESG” criteria, strengthens our resilience, opens new business routes and, above all, contributes to sustainable development.” He said that Santander in Mexico has established itself as one of the main promoters of financing green cars and renewable energy projects. He also highlighted initiatives such as the first variable income investment fund in the country with ESG criteria, the proposal for cards LikeU that incorporate social responsibility components, and the support that the bank has given with its specialized team to the main Mexican companies to consolidate their sustainability policy, or initiate ESG emissions.