In September 2019, CGD signed up to the Principles for Responsible Banking and committed to a strategic alignment of its business in order to favorably contribute to society and the environment, meeting our stakeholders’ expectations
CGD fosters the adoption of the Sustainable Development goals in its business, aware of the importance of its contribution to the 2030 Agenda for Sustainable Development.
The maturity of CGD’s Environmental Management System implemented in its Headquarters has been acknowledged. This acknowledgement arose from an audit performed by APCER (external entity) confirming the conditions for the renewal of the certification.
The Sustainability Strategy embodies CGD’s commitment to sustainable development: an investment in the future, setting guidelines for generating value for its customers and employees, reducing environmental impacts and doing more and better business.
CGD acknowledges that, by operating a sustainable management of its resources, underpinned by ethical principles of an economic, social and environmental nature, the Bank contributes to the social and economic evolution of citizens, families and corporates, which is vital for the future of the country.
The Covid-19 pandemic has plunged the world economy in uncertainty, with changes directly affecting families and corporates, bringing about the importance of corporate social responsibility. In challenging moments such as these, it is vital that banking services be able to swiftly respond. Aware of our mission to support employees, families, the community and private charities to overcome this difficult period of their lives, we have taken on the commitment to implement measures to mitigate the impact of this unprecedented crisis.
CGD is governed by a sustainability strategy based on three pillars.
Making available innovative products and services that are profitable and sustainable, thus ensuring proximity and accessibility for customers and the general public, with rigor and objectivity.Responsible Business
Contributing to socioeconomic, cultural and digital knowledge and inclusion, managing employees’ talent and meritocracy, acting in accordance with the values of active citizenship and the respect for human rights.Social Responsibility
Promoting ecoefficiency in operations, reducing the consumption of materials, power and other natural resources and, consequently, their impact on the environment and the community.Environmental Responsibility
The sustainable management model permeates all areas of CGD, with its structural bodies enforcing the Corporate Sustainability Program. This program is also enforced by other (national and international) structures depending on their local agenda.
CGD Group’s highest decision-making body for sustainability-related policies and strategies.
Decision-making body that guides and supervises the progress on the implementation of strategic initiates at the CGD Group, so as to generate value and profitability for the Bank.
Body that monitors compliance with the principles of governance and strategy assessment, as well as with sustainability policies. It is responsible for submitting, to the Board of Director’s approval, guidelines for the sustainability strategy, social and environmental sustainability.
Advisory body to the Executive Committee that supervises management and provides guidelines on decisions concerning the implementation of the Sustainability Strategy.
Coordinates the plan for strategic initiatives, programs and related systems, ensuring mechanisms and internal circuits for carrying out performance indicators, assessments and reporting procedures.