Contributing to sustainable growth, job creation, and wealth distribution
Instituto de Crédito Oficial (ICO) works to provide added value to the financing of Spanish businesses and respond flexibly to the needs and challenges created by different economic scenarios, with the aim of contributing to economic growth and job creation. The very nature and aims of the Sustainable Development Goals (SDGs) are especially relevant to ICO Group.
The priorities of ICO are aligned with the SDGs and they are therefore reflected in the activities, products, and services we deliver, both internally and externally.
ICO supports innovative and sustainable business projects, both in Spain and third markets, to contribute to sustainable growth and the attainment of the 17 Sustainable Development Goals.
The activities of ICO are especially linked to SDG 8 and 9 which concern sustainable economic growth, the creation of quality employment, and promoting infrastructure, industrialisation, and innovation. Likewise, special emphasis is given to all aspects of the goals linked to social and environmental sustainability, especially those which drive forward environmental change and contribute to the fight against climate change.
Working towards these goals in line with the priorities of the Spanish economy and the core areas laid out in the Recovery, Transformation, and Resilience Plan - a greener, more digital, more socially and geographically cohesive Spain - ICO in, its triple role as a national promotional bank, financial instrument of economic policy, and State financial agency, targets the following strategic priorities: business growth, sustainability, and digitisation