Kutxabank promotes sustainable financing in the Basque Country.

Kutxabank, one of the most important financial institutions in the Basque Country, has announced the launch of a special financing line of 2 billion euros aimed at promoting sustainable investments in the region. This program, called 'Kutxabank Eco Finance', aims to support the transition of Basque companies towards a decarbonized economy, promoting energy efficiency, reducing carbon footprint, and developing sustainability. Kutxabank's initiative comes at a time when more and more companies are focusing their efforts on adopting environmentally responsible business practices. Preferential conditions and no opening commission are some of the facilities offered by this financing line, which has the collaboration of the provincial employer associations SEA, Adegi, and Cebek, which will be responsible for disseminating the information among their members. The investments that can be financed through 'Kutxabank Eco Finance' cover a wide range of projects aimed at minimizing the environmental impact of business activities. From the adoption of renewable energies to the modernization of low-consumption equipment, through sustainable water management and organic agriculture, Basque companies will have the opportunity to access financial resources to carry out initiatives that promote sustainability. The agreement between Kutxabank and the Basque employer associations has been recently formalized and will be in effect for a year. Eduardo Ruiz de Gordejuela, CEO of Kutxabank, has emphasized the financial institution's commitment to reducing carbon footprint in its environment, highlighting the importance of supporting companies on their path towards sustainability. Carolina Pérez Toledo, president of Cebek, has emphasized the urgency of taking action against climate change and has welcomed the implementation of this financing line as an opportunity to promote investments that contribute to energy efficiency and the protection of natural resources. In summary, 'Kutxabank Eco Finance' represents a significant step in supporting sustainable economy in the Basque Country, providing local companies with the opportunity to access financial resources to carry out projects that promote decarbonization and sustainability in their operations.