Banco Supervielle offset 20% of its greenhouse emissions
The company assumes a strong commitment to the environment, offsetting the environmental impact of its operations and restoring native forests
Buenos Aires, December 7, 2021 – Grupo Supervielle S.A. (NYSE: SUPV; BYMA: SUPV), a universal financial services group in Argentina with a nationwide presence, announces that its main subsidiary, Banco Supervielle has complemented its initiative of measuring its carbon footprint since 2019 as part of a responsible management system aimed at reducing the impact of its operations on the environment, with the withdrawal of 1,085 TNCO2eq carbon units certified with the international Verified Carbon Standard (VCS), managing to offset 20% of its scope 1 and 2 emissions in 2020. Traceability of the carbon credits subscribed by the bank has been verified by VERRA, a global organization that through the development and management of standards helps the private sector to achieve ambitious sustainable development goals and climate action.
With these measures, the bank collaborates with a REDD+ project in the State of Pará, Brazil that seeks to prevent deforestation of the Amazon rainforest. The bank also invested in the planting of 2,500 native trees in the Lanín National Park (Neuquén Province) together with Friends of Patagonia Association (Asociación Amigos de la Patagonia) with the aim of saving an ancient forest and generating positive local impact.
Through the acquisition of this carbon credits, Supervielle is contributing to the following Sustainable Development Goals (SDG):
- Health & Wellness
- Sustainable Cities and Communities
- Responsible Consumption and Production
- Climate Action
- Life of Terrestrial Ecosystems
- Alliances to achieve the Goals
The bank’s goal is to continue on the path of mitigation, reducing greenhouse emissions and offsetting its carbon footprint by restoring native forests. The company complements these tasks by promoting a change in employee behavior, promoting environmental awareness, and eliminating single-use plastics from corporate headquarters.
“We continue with the strong commitment to be more sustainable, taking care of the environment as a priority and focus on mitigating greenhouse emissions. Today we offset 20% of our carbon footprint complementing this with efforts aimed at reducing our consumption and seeking to generate a spill-over effect of the environmental commitment in our community, employees, clients and suppliers” commented Atilio Dell’Oro Maini” By supporting the project of organizations such as REDD + and Asociación Amigos de la Patagonia, we seek to contribute to improving the ecosystem in which we live by restoring native forests.” he concludes.
