The Principles for Responsible Banking: from commitment to action

April 21, 2022
“Signing the Principles for Responsible Banking has marked a turning point in how the banking industry serves citizens, societies and the planet, with the aim of fostering a climate of well-being for our generation and future ones.” This was stated by our Director of Strategy and Sustainability, Juan Carlos Delrieu, during yesterday’s webinar on the “Principles for Responsible Banking”, organised by the United Nations Environment Programme Finance Initiative (UNEP FI).

“Signing the Principles for Responsible Banking has marked a turning point in how the banking industry serves citizens, societies and the planet, with the aim of fostering a climate of well-being for our generation and future ones.”

This was stated by our Director of Strategy and Sustainability, Juan Carlos Delrieu, during yesterday’s webinar on the “Principles for Responsible Banking”, organised by the United Nations Environment Programme Finance Initiative (UNEP FI).

“The commitment associated with the Net Zero Banking Alliance (NZBA), signed by 75% of the capital represented by the Spanish banking industry, not only intensifies the sector’s ambition to achieve net zero emissions by 2050, but also stands as the embodiment of the Principles for Responsible Banking,” he said.

In this context, the Spanish banking sector—he explained—has moved from commitment and ambition to action, transparency and impact, with a focus on tackling climate change, meeting net zero emissions targets, sustainable finance, and supporting companies and productive sectors willing to take on the challenge of moving towards a decarbonised economy.

“The Principles for Responsible Banking, the SDGs and climate change management are part of the agenda of Spanish banks, which view them as an opportunity to improve their relationship with customers and contribute to a more environmentally friendly environment,” Juan Carlos Delrieu stated in his remarks.

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