Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Sustainable Finance
• Environmental and Social Risk Management (SARAS)

Environmental Achievements

• 259 new projects in 2022
• Calculated organizational carbon footprint for multiple clients (e.g., CHUBB, Bankinter, Banco Santander, Mutua Madrileña)
• Developed carbon footprint calculators for bank customers (e.g., CaixaBank, UBS)

Social Achievements

• Impacted 121 million people through projects
• Training programs in sustainable finance for various financial institutions (e.g., FEPCMAC, Banco Pichincha, FIIAP, DGRV)
• Development of knowledge tools and capacity building for implementing environmental and social risk management standards in Ecuador's financial institutions

Governance Achievements

• Implementation of SARAS (Social and Environmental Risk Management System) for multiple clients (e.g., Superintendency of Popular and Solidarity Economy, Banco Pichincha, COFIDE, DGRV, Banco Hipotecario, Interbank)
• Alignment of SARAS with IFC Equator Principles and Performance Standards for Interbank
• Development of sustainable bond frameworks (e.g., Interbank)

Climate Goals & Targets

Environmental Challenges

• Lack of adequate data and common standards in sustainable finance
• Stakeholder collaboration challenges
• Establishing key business portfolio objectives
• Development of measurement methodologies and quantitative indicators

Mitigation Strategies

• Development of measurement methodologies and quantitative indicators
• Implementation of SARAS and alignment with international standards
• Development of tools for green product integration and implementation
• Training programs to build capacity in sustainable finance

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks

• Extreme floods and storms

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Financing sustainable businesses and projects

Reporting Standards

Frameworks Used: TCFD, GRI