Generating impact through sustainability
Within the financial sector, sustainability refers to the practice of assessing and managing the environmental, social, and governance implications in financial and investment decisions. In the case of banks, for instance, this entails considering not only the return on investment but also the long-term impacts on society and the environment.
Generating impact is essential for sustainability. In fact, that is the goal. Impact is a way to leave a mark and enact drastic changes in a short period, while doing it efficiently and across different allied sectors. Regarding financial institutions, impact is generated in various ways: through accountability and transparency, attracting responsible investors, complying with local and international regulations, portfolio diversification, and, of course, financing companies and projects that are transitioning towards a circular economy.
At ProCredit Bank, this has been our motto for over 20 years. And even more now, when generating impact has become urgent: the planet doesn’t wait, women have waited for far too long, and in a digital world, everyone should have guaranteed their access to financial services.
This month, ProCredit Bank Ecuador presented its Sustainability Report, reaffirming the commitment to the Sustainable Development Goals. There, we have aimed to share our practices, policies, and results in terms of sustainability in the most transparent way, such as our social and environmental impact, as we recognize that the economy could be strengthen by promoting social inclusion, gender equity, environmental care, and institutional partnerships.
Scan the following QR code and visit Banco ProCredit Ecuador’s Sustainability Report: