Page 45 - Respond 2016 Magazine

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Therefore, Agrobanco is implementing a series of measures to It has also accomplished the following strategic actions:
become a Green Bank, such as: • A 50 million Euro credit line from the AFD (Agence Française de
Développement).
• Implementing an Environmental and Social Risk Management • A 5 million Euro grant from the European Union to develop the
System - SARAS (its acronym in Spanish), with the support of Green Bank Project.
the European Union. • An agreement with the GIZ (Gesellschaft für Internationale
• Increasing its green portfolio from 9.6% in 2015 to 26.5% in Zusammenarbeit) to provide the services of an integrated
2019. forestry expert, to develop green products.
• Implementing best corporate practice programs to reduce • An economic, social and environmental impact assessment
polluting processes. For example: Since 2014 the Institutional workshop with Finance Alliance for Sustainable Trade (FAST).
Annual Report is only available in digital format, which avoids • Implementation of the Green Bank Department.
the use of 500 kilos of paper and 162 thousand liters of water • Participation at the COP20 (Lima) and COP21 (Paris).
for each edition. • Signatory of the Green Financial Protocol in 2014.
• Measuring the Carbon Footprint in its offices in Lima (2015) and • Organization of the International Seminar on Rural Microfinance
at national level (2016). “Promoting Forest Development in Peru”.
• Financing reforestation, agroforestry and sustainable forestry
management.

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