Climate Change Data

Grupo Supervielle S.A.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Diversity, Equity, and Inclusion
  • Education
  • Environment

Environmental Achievements

  • Migrated 100% of luminaires to LED technology
  • 42 branches supplied with renewable energy
  • Mitigated 29% of carbon footprint due to increased renewable energy use and renewable energy certificates

Social Achievements

  • 127 Grupo Supervielle leaders trained on inclusive leadership and cognitive biases
  • Fifteen young people completed their accompaniment cycle with Supervielle and Fundación Cimientos

Governance Achievements

  • Board of Directors approved the Sustainability Policy for Grupo Supervielle

Climate Goals & Targets

Short-term Goals:
  • Positive ROE by the close of 2Q23

Environmental Challenges

  • Adverse macroeconomic environment with high inflation and low loan demand
  • Weakening of the Argentine Peso
Mitigation Strategies
  • Streamlined network and merged consumer finance operation with the bank
  • Reduced headcount by 21% from 2021 levels
  • Prioritized customer engagement, monetization, and cross-selling over customer acquisition
  • Tightened underwriting policies

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • 2022 Eikon Awards (Internal Communication and Influencers Campaign Categories)
  • Best Financial Institution of Mendoza 2022

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Sustainability
  • Diversity, Equity and Inclusion

Social Achievements

  • Published 2023 Integrated Annual Report demonstrating commitment to transparency and disclosure of ESG activities.
  • Approved Diversity, Equity and Inclusion Policy.

Climate Goals & Targets

Environmental Challenges

  • Complex macro and political environment characterized by high inflation, market volatility, and weak loan demand.
  • Near-term challenges for the government including obtaining support to advance structural reforms and deregulation agenda and maintaining social support in a recessionary backdrop with high inflation.
Mitigation Strategies
  • Nimble asset and liability management capabilities.
  • Shift in loans to middle-market corporates and payroll customers along with significantly lower exposure to consumer loans, and tightening of credit scoring standards.
  • Entire capital shielded against inflation and a loan book with exposure to highly attractive export-oriented sectors, including oil & gas, mining, and agribusiness.
  • Solid and agile foundation.

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

  • Euromoney’s 2024 Trade Finance Survey: first in Argentina, Foreign Trade category and fifth in Latin America.