ICO Signs Up To The Equator Principles
Madrid, 26 October 2016
ICO's General Board approved the institution's decision to become a signatory to the Equator Principles at its meeting on Friday 21 October, as part of the framework of commitments in its CSR and environmental policies.
ICO, a Spanish state-owned bank and state financial agency, chaired by Emma Navarro, especially values the fact that the Equator Principles ensure solid and rigorous practices in the social and environmental management of financed projects. This venture strengthens ICO's commitment to the agreements reached at the Paris Climate Change Conference and the 2030 Sustainable Development Goals.
Acceptance of the Equator Principles also represents a step forward for ICO in terms of its transparency and good corporate governance strategy. ICO will now report on its operations, procedures and experiences annually in its Corporate Social Responsibility Report and on its corporate website, in accordance with the Principles' guidelines.