- With sustainable credit, the Group will improve the performance of its four main initiatives for caring for the environment.
CHARLENE DOMÍNGUEZ / AGENCIA REFORMA
MEXICO CITY.- BBVA Mexico formalized the first loan linked to sustainability indicators in the country’s hotel sector for 51 million dollars with Grupo Hotelero Valentin, from the Riviera Maya.
With this sustainable loan, the Group will improve the performance of its four main initiatives for caring for the environment, such as the use of electricity, which it expects to reduce its total consumption by 30 percent.
It will also maintain actions for proper water management, reduce the use of PET products at its facilities and commit to the care and protection of the sea turtle in the Riviera Maya, he said. BBVA.
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The “green credit” was established with a protection program for the spawning of turtles on the beach, a program to reduce energy costs of 2 percent per year sustained in the coming years, as well as a progressive elimination in the use of plastic from polyethylene, explained Pedro Campaner, corporate financial director of Valentin Hotel Group.
The firm Valora Consultores made the Second Opinion Report and considered that there is evidence in Valentin’s operations to comply with the environmental commitments that have been expressed in its program.
With this operation, BBVA México is able to promote three Sustainable Development Goals promoted by the UN: that of affordable and non-polluting energy, action for the climate and underwater life.
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