BLADEX, INC.
For the period ended Dec 31, 2024. Filed Mar 28, 2025.
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Dec 31, 2024 · Filed Mar 28, 2025
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Contents
Our Commitment to ESG
The Board, the Executive Committee and employees recognize that strong governance, environmental stewardship, and social responsibility are critical to building long-term business success. We are committed to sustainable business practices and have implemented oversight and processes throughout our operations to effectively manage Environmental, Social, and Governance (ESG) matters relevant to our business over time. Through various initiatives, we aim to make a positive impact in our communities, embed social and environmental considerations in our business and investment decisions, provide a supportive and inclusive workplace environment, and act in environmentally conscious ways.
Our ESG approach is articulated through four main axes: responsible management of the environment, the promotion of inclusive social practices, the strengthening of solid governance and Sustainable Finance. We consider these areas fundamental to achieve sustainable, balanced growth aligned with the values that guide our organization.
Since 2011 Bladex has been a member of the United Nations Global Compact, since then, we publish an annual Corporate Sustainability report, which is available to our stakeholders inhttps:// https://www.bladex.com/en/sustainability.
ESG represents an opportunity to make our risk management processes more robust and helps identify new areas of opportunity as a bank. We are not looking to decrease our financing universe or seeking to stop financing certain sectors, however, we are looking to integrate this new lens into our business to drive value for our shareholders and the communities in which we operate.
During 2022 - 2024, we worked with external ESG experts to define a roadmap to start formalizing a program for sustainability and ESG at Bladex. This process included a thorough assessment of our current operations and practices, to identify key areas for improvement and opportunities to strengthen our ESG approach. As a result, policies and procedures were established that institutionalize ESG principles within the organization, ensuring their integration at all levels and in strategic decision-making.
30 | 2025 Proxy Statement
At the end of 2024, we successfully concluded the support phase by consultants, which allowed us to make significant progress in consolidating its ESG Action Framework. We have appointed a new head to lead the sustainability and ESG area, who will be responsible for directing the execution of our sustainability and ESG agenda.
We are in the process of formalizing our Framework of Action with those responsible for each area who will be specifically in charge of the implementation of the policies and the progress defined by the external consultants. This team, with a strategic and operational focus, will be responsible for ensuring the continuity of ESG projects and ensuring that the actions and objectives set are carried out effectively.
All these commitments are formalized through our Bladex’s Sustainability Policy. These policies can be found athttps://www.bladex.com/en/sustainability.
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