24 October is International Day of Climate Action. This event, which is endorsed by the UN, strives to foster awareness within the world community regarding the devastating effects that this phenomenon could have on everyone if we fail to revert it quickly. At Banco Sabadell, we want to participate in this awareness-raising event and highlight one of the action lines that our organisation is working on: investing in startups that contribute to the fight against climate change.
At the turn of this year, Banco Sabadell publicly announced its Commitment to Sustainability. This commitment, as we recently mentioned in this blog for World Energy Saving Day, establishes contributing to the fight against climate change as one of the fundamental pillars in Banco Sabadell’s social responsibility strategy for the coming years. To do so, we have implemented a series of measures that ensure that 99% of the energy we consume today comes from renewable sources. We are also accompanying our clients in the transition process towards the decarbonisation of the economy, having consolidated our position as one of the leading organisations in this field within our country.
Banco Sabadell is also particularly active in other areas of the fight against Climate Change. Today, we want to highlight the #BStartupGreen programme, an initiative by BStartup.
BStartup is Banco Sabadell’s financial service for startups and scaleups. A 360° specialised banking and equity investment service. Its equity investment vehicle, BStartup10, has been investing in all kinds of ICT (B2C and B2B) projects since 2014 and also has two specific verticals: #BStartupHealth for health investment and #BStartupGreen for investment in technologies and business models that facilitate the ecological transition. The objective is to invest in startups that can streamline the transition to a more sustainable world from the following perspectives: energy transition, industry 4.0, smart cities, and circular economy.
