The group's most noteworthy initiatives include presenting its Sustainability Policy and developing a training program for employees and managers to equip them with tools and align them with environmental, social and corporate governance principles as part of the hallmark that sets the company apart.

November 12, 2022

 

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Saturday, November 12, 2022 - Grupo Security has unveiled its official Sustainability Policy, which expresses its firm commitment to continue growing, accelerate the sustainable progress of its business and build a future based on environmental protection and social commitment to its customers, suppliers, employees and the community. With this policy, the group--which includes Banco Security, Vida Security, Inmobiliaria Security, Factoring Security, Inversiones Security, Travel Security and Corredora Security--hopes to infuse environmental, social and governance (ESG) criteria into all its actions and areas of corporate development.

The policy addresses the group's commitments and guidelines to sustainably develop its businesses in order to satisfy current needs without compromising the capacity of future generations to meet their own needs.

The policy also identifies actions that contribute to the Sustainable Development Goals (SDGs), established by the United Nations for 2030. The group intends to develop work methodologies, objectives and programs that will become permanent, deliberate practices used in managing each company. It will also monitor the defined actions and report them to senior management.

‘Companies must get involved and take charge of the impacts that our businesses have in the medium and long term. We must be aware of the footprint we leave for future generations, and always seek balance between economic growth, environmental protection and social welfare in order to build a better future,' comments Paulina Guerra, Corporate Affairs Manager for Grupo Security.

THREE MAIN OBJECTIVES

There are three main objectives at the core of Grupo Security’s Sustainability Policy. The first aims to generate positive impacts through its activities for all groups that have a relationship with each of its seven companies: employees, customers, community, shareholders, investors and suppliers.

Secondly, it seeks to promote projects focused on caring for the environment. Meanwhile, the third objective is to maintain and expand transparent management of all group activities, through reporting and disclosure of relevant business matters.

‘As a group, we have set the goal of improving the environment in which we do business, seeking to contribute to the wellbeing of the community. This strategy will help us walk the path of sustainable future business development that is compatible with the needs of our customers,' Paulina Guerra.

ESG AS PART OF THE ORGANIZATIONAL CULTURE

In order to meet its strategic objectives, the group must make a concrete commitment that is reflected in its culture and can be monitored for compliance.  This will allow it to measure progress in each area and to establish new objectives each year.

To this end, senior management is committed to leading and promoting sustainability-related issues, seeking to integrate them into every step of the strategy and organization-wide development. These efforts will be communicated to each of our stakeholders on an ongoing basis.

'Environmental, social and governance principles must permeate every level and help define our developmental roadmap, reflected in our way of doing things and in every step we take as a company. Our goal is to be a benchmark in our industries, known for ESG-focused risk management. We see these principles as part of our culture and something that sets our work apart,’ remarks Grupo Security’s Corporate Affairs Manager, Paulina Guerra.

As part of this path, an ESG training plan was launched for employees from all group companies. The first session, for members of its Board of Directors, discussed the importance of these matters and the challenges lying ahead, with a diagnostic of the progress made to date.

Similarly, in keeping with the corporate governance framework of the group and its subsidiaries, group leaders met to discuss the strategic challenges for the coming years.

The next training sessions focused on the individuals who will be in charge of monitoring and reporting each company's progress in ESG issues.

Further training sessions will be held from now until 2023 on a variety of topics for different groups of employees. Through this initiative, led by the Corporate Affairs Division, we hope to raise awareness among employees about ESG principles, their importance and implications for business development.

WORK-FAMILY-LIFE BALANCE

To help balance employee professional development and personal goals, Grupo Security implemented a series of new benefits for team members. This step reaffirms the group's founding principles of putting people at the center and promoting work-family-life balance.

This year, Grupo Security reduced working hours to less than 40 hours a week, in addition to implementing a new hybrid work model, which has already reached 77% of employees at its seven companies. It also restructured the gradual return from paternity leave, for both men and women, beyond the legal standard.

In addition, for the second consecutive year, Grupo Security earned first place among the Best Companies to Work for Women in the ranking prepared by Great Place to Work, in the category of companies with more than 1,000 employees.

And for its commitment to promoting women's work and leadership within the organization, Vida Security was recognized as the company with the best gender indicators in the banking, financial services and insurance sector in the seventh version of the Impulsa Awards, organized by the ChileMujeres Foundation, PwC Chile and LT Pulso.

COMMITMENT TO INCLUSION

During the month of September, the first Wheelchair Handball World Championship was held in Egypt, and the Chilean national team took part. Among those selected to represent our country was Carlos Jara, an employee of Banco Security who was supported by his employer to participate in this event, which included teams from Brazil, India, Slovenia, the Netherlands and Egypt. Chile came in fourth place.

In addition, starting this year, Banco Security will sponsor the outstanding Paralympic athlete Francisca Mardones, who won the gold medal in shot put at the 2020 Paralympic Games in Tokyo, and was distinguished with the Chilean National Sports Award in 2021. This reinforces the group's commitment to support individuals who faithfully represent the values of commitment, effort and perseverance to achieve goals.