Vanessa Garcia in the world's second pilot on bank training in Principles of Responsible Banking
Highlights Press release

We support the Principles of Responsible Banking training pilot in Mexico

Joining forces for an initiative

Mexico City hosted the world’s second pilot on bank training in Principles of Responsible Banking (PRB), an initiative of the United Nations Environment Programme Finance Initiative (UNEP FI), with the support of Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH and The Chartered Banker Institute, and the collaboration of the Asociación de Bancos de México ABM, A. C. and ALLCOT.

ALLCOT was in charge of translating into Spanish and adapting the contents of Banca Responsable to the Mexican reality and context; and of training the leaders of Mexican banks and their collaborators in areas such as Strategic Planning, Credit Business, Risk Management, Finance, and Sustainability, among others.

The principles of responsible banking

The aim of the Principles of Responsible Banking training is to enable financial institutions to align their strategies with the Sustainable Development Goals and the Paris Agreement on climate change.

“With this training, banks will be able to understand the Principles of Responsible Banking, implement them in their operations and rely on UNEP FI in their process of becoming sustainable” says Vanessa Garcia, Sustainable Finance Expert at ALLCOT.

Training financial institutions

Similarly, this initiative promoted by UNEP FI seeks that, by training banks in the implementation of responsible banking practices and strategies, they can promote and finance sustainable projects that contribute to reducing the environmental and social impact of companies.

A total of 37 employees from 37 Mexican financial institutions were trained between 27 February and 8 March. The sessions included contributions from Daniel Becker Feldman, President of the Asociación de Bancos de México ABM, A. C., Jesús de la Fuente Rodríguez, President of the Comisión Nacional Bancaria y de Valores (CNBV), and Irene Espinosa, Deputy Governor of the Central Bank of Mexico (Banxico).

The courses given were: Directors and Executives, Introduction to Responsible Banking, Climate Change and Customers and Users.