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Environment

Climate change poses new global challenges, business opportunities and imminent risks in every sector of the economy. Therefore, we have joined efforts to improve our management in the use of natural resources, which contribute through environmental care and preservation and the mitigation of climate change as the focal point of our actions for a healthy environment.

Climate Change Risk
We acknowledge that climate change is a global challenge that has no boundaries

We acknowledge that climate change is a global challenge that has no boundaries and that to combat it, the coordinated work of all countries is required.

Therefore, we work to reduce the effects of climate change, taking measures to contribute from the business to the communities, the environment, society, and the other stakeholders with the aim to be more resilient to climatic effects.

We manage our impacts related to climate change directly and indirectly:

Direct Impact:

We understand this impact as the direct damage that can be generated on our business and our operations on a daily basis, which can affect the continuity of our business.

In this way, we manage our carbon footprint, we measure our consumption of resources such as water and energy, and we design environmental programs for our employees.

Indirect Impact:

We understand this impact as the direct damage that can be generated on our business and our operations on a daily basis, which can indirectly affect the continuity of our business as a result of damage to our portfolio, reputational and legal damages, among others.

This is how we assess and manage the risks of the projects that we finance, and design lines of credit with environmental and social benefits, as well as environmental programs with our stakeholders.

Environmental and Social Policy

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BdB’s Contribution to the SDGs

Environment
We finance projects that benefit the environment

ESRMS
Committed to the mitigation of climate change

Committed to the mitigation of climate change and as an integral part of our climate change risk management, we assess the environmental risks generated by our customers to minimize the possible impact on the environment.

The Environmental and Social Risk Management System (ESRMS) is a set of policies, mechanisms, tools and procedures for the identification, assessment and management of the environmental and social risks generated by our customers, so that the possibilities of assuming the costs transferred by these risks are minimized.

Benefits

  • Promotion of sustainable financing and development of green products and services that contribute to the transition toward a low-carbon economy
  • Ability to calculate the Bank’s environmental performance through indicators and manage actions according to their results
  • Reduction in credit risk through investments that mitigate environmental liabilities
  • Reduction in the risk associated with the environmental impact of the guarantees for which the Bank is a creditor

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BdB’s Contribution to the SDGs

Environment
We finance projects that benefit the environment

Operational Eco-efficiency
We protect natural resources through the management and measurement of our consumption

We protect natural resources through the management and measurement of our consumption in order to design saving, efficiency and reduction actions inside the organization.

BdB’s Contribution to the SDGs

Environment
We finance projects that benefit the environment

Environmental Programs
We design initiatives and programs that mitigate the negative impacts and generate positive impacts on the environment.

We design initiatives and programs that mitigate the negative impacts and generate positive impacts on the environment.

We generate actions that mitigate, reduce and offset said impacts with the aim to mitigate our impact on climate change.

Sustainable Mobility

We promote the sustainable mobility of our employees through alternative transportation mechanisms with the aim to reduce the impact on the environment, mitigate climate change and support the cities where we operate in terms of mobility. Therefore, we encourage the use of bicycles, electric cars, Twizy vehicles, scooters, sustainable mobility applications, carpooling, etc.

Sustainable Construction

We adopt sustainable criteria for building the physical infrastructure of administrative buildings and offices in the country with the aim to mitigate climate change and generate a positive environmental impact on the places where we operate.

Ecologic recovery and restoration:

We work for the recovery and restoration of threatened and degraded ecosystems to improve the biodiversity of fauna and flora, through strategic alliances.

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BdB’s Contribution to the SDGs

Environment
We design and manage sustainable actions to promote climate chage mitigation

Innovation and Digital Transformation

We transform our customers’ lives by offering digital experiences, applying technology to business processes and strengthening our capacity in data analysis.

Through innovation and constant digital transformation, we respond to the challenges of today's society head-on and, by doing so, generate tools that add long-term value and represent unique solutions that improve the experience of customers and other stakeholders, as well as process efficiency.

Our digital strategy is based on two large pillars:

  • Provide a better service to our customers
  • Do this efficiently

In this way, we have undertaken digital transformation through:

Digital Sales Channel

Use of digital channels to improve our customers’ experience in our retail banking range.

Digital Service Channel

Consolidation of digital solutions, such as the mobile app and website to make transactions.

Analytical Capacity

Empowerment of opportunities and generation of value for our customers and shareholders through IT tools and data analysis, and the development of predictive models to generate personalized offers.

BdB’s Contribution to the SDGs

Prosperity and inclusion
We manage our business risks in a comprehensive manner