SustainCase newsletter – wk8, February 2025
Trump’s Paris exit 2.0: The economic and climate implications of America’s second withdrawal
The US Government’s second withdrawal from the Paris Agreement, marks a pivotal moment in global climate politics. But economic realities and market forces may tell a different story from that suggested by the political theatre.
Canadian banks must reveal diversity of board, top managers under new rules
Canadian banks and other national institutions have to disclose information about the diversity of their boards of directors and top management under new rules published on Saturday, in sharp contrast with the U.S. Trump administration which is ending such practices.
Case study: How Grupo Galicia takes action on its PRB targets: financial inclusion and climate stability
February 18, 2025 – Grupo Galicia is a leading financial services holding company based in Argentina, serving a total of 3,987,842 active and regular customers. This includes 323,984 in the business and professional category, 110,944 in the SMEs category, 1,966 in the financial sector, 27,686 in wholesale, and 3,523,262 in retail. Grupo Galicia is a signatory of the Principles for Responsible Banking (PRB) and has, accordingly, set and published two targets which address two different areas of most significant impact identified in its impact analysis. Read more.
Case study: How Grupo Cooperativo Cajamar works with its clients and customers to encourage sustainable practices
February 13, 2025 – Grupo Cooperativo Cajamar is distinguished by its cooperative structure, which underscores its dedication to the local environment. Its existence guarantees a banking model that serves the people in the communities it operates in, focusing on delivering personalized financial support to its members and clients. The Group has a presence in all the self-governing regions and cities of Spain and maintains deep connections to its home territories, where its financial activities and social initiatives provide significant advantages to the community. Grupo Cooperativo Cajamar is a signatory of the Principles for Responsible Banking (PRB) and is, accordingly, working with its clients and customers to encourage sustainable practices and enable sustainable economic activities. Read more.