20_02_28_ECO_empresas

The need for companies and the banking sector to develop products that are sustainable is growing, according to Olivier Irisson, head of the French banking company BPCEgroup , during the workshop on Sustainable Finance organized by the Master's Degree of Banking and Financial Regulation of the School of Economics of the University of Navarra.

During the first panel on knowledge dissemination climate change, the French executive explained the need to "focus the conversation on the Sustainable Development Goals". development Sustainable Development Goals (SDGs)". (SDGS)." "Let's remember that the Goals are important in their own right," he stressed. He also gave special relevance to risk measurement. "It is necessary to put in the annual reports what is your risk derived according to environmental, social or governance aspects" he explained.

For his part, Tracey Strangea director at Galaxea, was keen to point out that it is the same risk that is driving banks to react. "This concept has helped us take discussion forward and make decisions."

The second panel of workshop dealt with the consolidation of "Green Bonds", with Pablo Zalba, director of Regulation and Public Policy at Deloitte; Ángel Tejada, director of Green and Sustainable Bonds at BBVA; Mamen Aranda deputy director of Master's Degree in Banking and Financial Regulation; and Tomás Gallego, director financier of network Eléctrica de España.

Gallego y Tejada insisted on the need to develop parameters that measure risk quantitatively. "Companies need to be able to quantify the impact on the environment, both positive and negative, so that investors can make qualified decisions".

Pablo Zalba focused on the importance of public policies and civil society, insisting at all times that the core topic is to be able to implement "an intelligent, inclusive and fair capitalism", integrating sustainability objectives into the business models and value creation of the business.