Shoe company from Elche picolinos pointing out green finance. The Perán family business signed a sustainable finance loan with BBVA. achievement of environmental goalsto support plans to reduce emissions to the atmosphere, as reported by both companies.
Specifically, the financing pipeline has been associated with compliance with a number of sustainable indicators related to: emission reduction framed in the process shoe manufacture, as described by the same sources. In this case, the sustainability of the product is determined by the composition of the materials necessary for its manufacture.
“The development of new financing products linked to sustainable indicators will help clients like Pikolinos advance their strategies and innovate in business models and sustainable products”, assurance Carlos Rodriguez Escudero, BBVA East regional manager. Our goal is to accompany our customers in their transition to more environmentally friendly production models, and this is a clear example of this.”
From the chief executive Pikolinos, John Manuel Peranhighlights this operation as “another milestone in the company” and becomes one of the few shoe companies to achieve this type of sustainable financing.
“Our historical pillars revolve around our commitment to society and the world we live in, and this new milestone is yet another example. There is no turning back and we must all contribute our grain of sand to better the planet,” the businessman insists. .
BBVA, within the framework of this commitment strategy called green finance, channel 200,000 million Between 2018 and 2025, the euro in sustainable finance doubled the amount set in its initial targets. As of March 2022, the business has already channeled 96.7 billion euros. Likewise, the bank will stop financing coal in developed countries in 2030 and in other countries in 2040. Similarly, by 2030, both the bank’s direct emissions (which are already neutral from 2020) and indirect ones, all with the aim of being carbon neutral by 2050.
Pikolinos started 2022 with a fresh start. strategic plan Under the slogan “Another World Is Possible”, it will focus on the Corporate Social Responsibility of the company. This strategic plan works on sustainability in different areas, some of which are directly related to business (shoes, leather, manufacturing), emissions neutrality, energy consumption and the social commitment that the Juan Perán Picolinos Foundation has been working on since 2007. .
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.