UNIFIN Financiera Signs the UN Principles for Responsible Banking

November 16, 2021, Mexico City – UNIFIN Financiera has become an official Signatory of the UN Principles for Responsible Banking – a unique framework for a sustainable banking industry developed through a partnership between banks and financial institutions with banking activities worldwide and the United Nations Environment Programme Finance Initiative (UNEP FI). 

The Principles are the leading framework for ensuring that banks’ and financial institutions with banking activities strategy and practice align with the vision society has set out for its future in the UN Sustainable Development Goals and the Paris Climate Agreement. Banks and financial institutions with banking activities who have signed the Principles commit to be ambitious in their sustainability strategies, working to mainstream and embed sustainability into the heart of their business, while allowing them to remain at the cutting-edge of sustainable finance.

Under the Principles, signatories measure the environmental and social impact resulting from their business activities, set and implement targets where they have the most significant impact, and regularly report publicly on their progress.  The Principles provide a framework to systematically understand the risks and seize the opportunities arising from the transition to more sustainable economies.

Signatories to the Principles take on a leadership role, demonstrating how financial products, services and relationships can support and accelerate the changes necessary to achieve shared prosperity for both current and future generations, building a positive future for both people and planet. These institutions also join the world’s largest global banking community focused on sustainable finance, sharing best-practice and working together on practical guidance and pioneering tools of benefit to the entire industry.

This is a journey of unprecedented scale and scope at a time when such ambition is urgently needed to address the major planetary crises of climate change, nature loss, pollution and social issues. Together, these collective efforts will ensure that profitability goes hand in hand with a sense of purpose.

UNIFIN’s adherence to the Principles of Responsible Banking strengthens its alignment with the Sustainable Development Goals of the United Nations and the Paris Agreement, promoting a responsible and inclusive banking model, especially for SMEs in Mexico.

“Financial institutions play a key role in building sustainable communities, and at UNIFIN we are ready to contribute to equitable economic development. By adhering to these principles, we want to take a leadership role in accelerating the fundamental and necessary changes in the economy for current and future generations to achieve shared prosperity,” said Sergio Camacho, UNIFIN’s CEO.

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Contact Details

David Pernas

Director, IR and Corporate Finance

Tel: +52 (55) 4162 8270
E-mail: unifin_ri@unifin.com.mx
Website: www.unifin.com.mx

About the Company

UNIFIN is the leading independent Mexican leasing company, operating as a non-banking financial services company. UNIFIN´s main business lines are leasing, factoring, auto loans, structured finance, working capital and other lending. Through UNIFIN’s leasing business line, its core business line, the Company offers operating leases for all types of equipment and machinery, various types of transportation vehicles (including cars, trucks, helicopters, airplanes, and other vessels) and other assets in a variety of industries. Through its factoring business line, UNIFIN provides liquidity and financing solutions to its customers by purchasing or discounting accounts receivable and by providing vendor financing. UNIFIN’s auto loans business line is focused on financing the acquisition of new and used vehicles.

Forward Looking Statements

This document may contain certain forward-looking statements. These statements are non-historical facts, and they are based on the current vision of the Management of UNIFIN Financiera, S.A.B. de C.V., for future economic circumstances, the conditions of the industry, the performance of the Company and its financial results. The terms “anticipated”, “believe”, “estimate”, “expect”, “plan” and other similar terms related to the Company, are solely intended to identify estimates or predictions. The statements relating to the declaration or the payment of dividends, the implementation of the main operational and financial strategies and plans of investment of equity, the direction of future operations and the factors or trends that affect the financial condition, the liquidity or the operating results of the Company are examples of such statements. Such statements reflect the current expectations of the management and are subject to various risks and uncertainties. There is no guarantee that the expected events, trends, or results will occur. The statements are based on several suppositions and factors, including economic general conditions and market conditions, industry conditions and various factors of operation. Any change in such suppositions or factors may cause the actual results to differ from expectations.