Standard Dataset

Detail of the Instituto de Crédito Oficial's activities with sustainable categorization

Description

The share of sustainability in the activity of the ICO Group (Instituto de Crédito Oficial, Fundación ICO and AXIS, venture capital manager) is detailed as of December 31, 2023. With regard to the balance of direct financing in the portfolio, 44% of the total amount is earmarked for projects with sustainability criteria, including environmental and social aspects. In the new direct financing activity, the percentage increases to 46%. In the international channel, 34% of cumulative disbursements meet sustainability criteria. With regard to the AXIS venture capital manager, 41% of the assets under management are directed to sustainable projects, while in the new approved activity this percentage reaches 90%. These figures reflect the ICO Group's commitment to promoting projects that contribute to sustainable development, both environmentally and socially.