Since 2021, BAC is a signatory to the principles of responsible bank (PRB), as part of its triple value strategy, which integrates the creation of economic, environmental and social value. Through this strategy, the Bank works aligned with the UN Sustainable Development Goals (SDG), which aspire to end poverty, protect the planet, guarantee universal peace and prosperity.
This recognition highlights the innovative solutions that the bank implements to accompany its clients in its transition to more sustainable models.
“By joining the principles for responsible banking, we draw a clear route to be a triple value bank, which positively impacts communities and the planet; therefore, we work initiatives in all countries in Central America, for our collaborators, clients people and business,” said Jessica Mora, Corporate VP of Experience & Sustainability.
As part of its commitment, BAC has implemented an action plan focused on facilitating financial solutions that help its business clients move towards more sustainable models. This includes financing for renewable energy projects, electric mobility, energy efficiency, solar panels and sustainable construction.
“As a leading financial group in the region, in BAC we facilitate access to solutions that maximize the potential of Guatemalans and their companies, accompanying them with innovative and sustainable tools that contribute to the fulfillment of their dreams and objectives. Be recognized as a case study by the principles of responsible bank confirms that we are moving forward in the right direction,” said Eric Campos, executive president of Bac Guatemala.
In addition, the bank accompanies its clients with specialized technical advice, identifies physical and transition risks, performs climate stress tests and strengthens internal capabilities through continuous training programs for its collaborators. All these actions are possible thanks to data analysis and the regional context, which allows real opportunities to identify to maximize the positive impact on key issues such as inclusion and financial health.