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Asobancaria: Axis of sustainable management in 2023 | Finance | Economy

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Asobancaria: Axis of sustainable management in 2023 | Finance | Economy

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he Asobancaria 2023 Alliance Management Report Its results are presented through key themes such as strategy and corporate governance, banking stability and risk management, and banking indicators and metrics Sustainable Finance Objectives (SFO).

The Financial Union said the report raised The strategic priorities for the sustainable development of trade unions are integrated in the OFSwhich includes financial services for the planet, diversity, equity and well-being. For each of these goals, two objectives are defined, the framework Asobancaria has been developing in terms of sustainable finance management Sustainable Development Goals.

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1. Strengthening aspects Environmental, Social and Governance (ESG) Participate in banking decision making.

sustainable development

sustainable development

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81% of entities said they have a committee related to ESG issues, with board members involved. 86% of entities conducted a materiality analysis, an increase of 26% from 2022, an increase of 21% from 2022 The formulation of corporate sustainable development strategies was promoted, covering 79% of entities, an increase of 16% over the previous year.

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In terms of talent, the figures show that gender equality efforts have paid off, as despite the corresponding figures labor force yes Management Positions The number of female CEOs on boards has increased over time.

sustainable development

sustainable development

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It is worth noting that in environmental and social risk management, 20 entities identified short-, medium- and long-term climate risksphysical risk is the most important risk in the portfolio. Among 11 entities, they used the guidelines of secondary banks, multilateral banks or parent banks, and 13 entities had their own environmental and social risk analysis systems, analyzing US$7.3 billion and US$8 billion, of which US$27.9 billion was spent, an increase of 38.4% and 101.7% respectively from 2022.

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Member portfolio balances reached $705.2 billiona nominal increase of 1.92%. Portfolio quality was 4.7%, up from 3.5% in 2022, and data security and cybersecurity investments exceeded $543 billion.

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