José María Méndez, CECA's Managing Director and chairman of Finresp, has emphasised today during its intervention in the «Annual meeting 2025» of Finresp (Responsible Finance Centre and Sustainable of Spain): «Finresp supports the fair transition towards an economy descarbonizada, with special focus in the accompaniment to our clients and within these to the SMEs that, taking into account the fragmentation of our production network, are our priority».

Specifically, has highlighted:

  • Finresp reflects that the sustainability is a shared and transversal strategy of the financial sector Spanish and a broadly widespread conviction between who work in the financial world.
  • From the foundation of Finresp, the financial institutions have worked to provide of governance in sustainability, offer aligned new products and services with the descarbonización and help to its clients in the management of the climatic risks.
  • In Europe as well as we reiterate the commitments of the Green Pact, browsed in a geopolitical and economic big turning point with major implications.
  • The European Union is immersed in a strategic process of reflection that, in terms of sustainability, has been materialised, announcing the rationalisation of the requirements of brings via the proposal Omnibus and a plan of descarbonización industrial of 100,000 million euros.
  • These plans are the appearance of that Europe is convinced the sustainability owes go beyond the regulatory mere requirements, he owes observe as a driver of growth for our production network.
  • The way in which we contemplate the sustainability is being adapted to the reality of the international context and to our companies' reality.
  • The context promotes the integration with projects as the eurobonds (or the creation of an asset mutualizado risk-free).
  • In addition, needs of financing of the strategic contribution would be able to be so major that it is necessary to move forward in the Union of the Capital market and in the Banking Union via an only Deposit insurance Fund.
  • The geopolitical context promotes the European consensus to do it possible. The argument, that was given some years ago, of that you would not be able to credit “Risk Sharing” without “Risk Reduction” can no longer use. The financial system of the south of Europe has reduced its Non-Performing Loans and today its non-performing assets is homologable to those of its European competitors. We are, therefore, before a historic opportunity.