Page 52 - Sicredi Ingles Flipbook

Cooperation
and
sustainability
Sustainability as a
strategy for lasting business
In recent years, the agenda known as ESG - Environmental, Social and Governance, has been growing exponentially around the world. The abbreviation covers everything from investments, the implementation of governance policies in public companies and institutions, to the social impacts of economic policies or areas of corporate involvement.
Within the scenario of the financial market, ESG has gradually shed the equivocal classification of philanthropy to become a determining part of decisions concerning the allocation of portfolios based on risk criteria, return and asset diversification.
Currently, the global ESG market drives around 30 trillion dollars in assets around the world, with an almost irrelevant presence in markets with major potential, like Latin America, including Brazil.
Within this new context, there is clear evidence of the importance and innovative character of Sicredi’s strategies, based on its ideas and values of cooperativism. The concept of sustainability figures as one of the institution’s pillars and one of its leading competitive differences. Since its origin, Sicredi has focused its actions on developing sustainable practices as essential values. Our ideas on cooperation guide us on the quest to develop people and their communities in a lasting and harmonious manner. For over 117 years, we have been establishing a virtuous cycle that has resulted in the current economic, social and environmental development. To Sicredi, cooperativism and | 50