Galicia integrates the sustainability to its daily operation in a process that ceased to be an isolated objective and became a logic that runs through decision-making. With a triple impact look that includes climate, development and inclusionthe financial system begins to redefine its management tools and models, promoting products and practices that align business and sustainable finance without losing sight of the social and environmental emergencies of the country.
Corporate sustainability: the five axes that guide the new financial management
Its sustainability strategy is based on five fundamental axes: Local Development, Climate Action, Education and Financial Inclusion, Diversity and Sustainable Finance. Each of these pillars responds to the urgencies and needs of society, and is nourished by an active and committed social agenda.
In Local Development promotes social investment in education, health and the strengthening of the triple impact ecosystem in conjunction with volunteer initiatives, promotion of the tax credit regime and actions with clients.
As for the Climate Action works to reduce its environmental impact through comprehensive management of Grupo Galicia’s carbon footprint, driven by its own Environmental Management System (EMS), which allows it to structure actions around continuous improvement. In 2022, it became a Carbon Neutral company and, in 2024, it achieved that all Group companies are carbon neutral.
It also develops programs Education and Financial Inclusion. In alliance with institutions and social organizations, it promotes the training of young people from all over the country through programs that cover all educational levels. Likewise, it participates in various initiatives to strengthen the educational ecosystem by supporting organizations in the research and development of educational policies.
Around Diversity develops actions both within the company and with its clients. Since 2018, it has adhered to the Principles for the Empowerment of Women, developed by UN Women and the United Nations Global Compact.
Finally, regarding Sustainable Finance develops innovative products and services for businesses; small, medium and large companies where the granting of financing is analyzed under a logic of economic, social and environmental analysis.
To carry out this line of work, it integrates ESG criteria throughout the financing life cycle. For example, the development of a taxonomy that aims to classify economic activities that contribute to social and environmental objectives. It is a living document in permanent evolution that has incorporated the best sustainable finance standards in the industry – which allow the identification of projects or activities aligned with the Sustainable Development Goals – prepared in collaboration with multilateral credit organizations. It is its own system of classification and identification of economic activities that allows it to have a reference point to measure social and environmental benefits.
Another example is the development and use of its SARAS Manual (Environmental and Social Risk Analysis System) reducing environmental, social and reputational risks associated with financed projects.
What are the finance strategies promoted by Galicia?
These strategies have also allowed it to expand the offer of sustainable financial products, attracting new clients and investors interested in social and environmental impact. Some of them are:
1.Sustainable Financing Lines: intended for companies from all segments that seek to generate a social and/or environmental impact through good sustainable practices or impact projects. During 2025, around $100 billion in impact financing has been placed.
2.SVS ONs Program: participates in the generation of opportunities and the placement of Social, Green and Sustainable Negotiable Obligations (ON SVS). These forms of financing, through the market, facilitate the investment of ventures with a positive impact on society and the environment. This year, Galicia participated in placements of ONs for USD 155 million.
3.FIMA Sustainable ESG: It is a fund in pesos, available to institutional investors, but also retail investors, composed of local assets that contribute to generating returns for the investor in the medium to long term through a portfolio of ESG assets issued by entities that consider governance, environmental and social aspects. This fund manages assets of $7.2 billion.
4. Good Practices Program in the Agricultural Value Chain: Together with Nera, it promotes agreements with the main actors in the Agricultural Sector (Bayer, Louis Dreyfus, Corteva, etc.), from which producers who adopt good agricultural practices (direct sowing, crop rotation, use of cover crops, etc.) that promote a greater volume of carbon sequestration in the soil are encouraged and benefited with preferential conditions. USD 22 million were placed through these programs.
5.Investment in impact trusts: participates in direct investments in trusts that provide financing to bottom-of-the-pyramid entrepreneurs or companies that adopt sustainability criteria in their production processes. An example of this is the Social Investment Fund promoted by the Government of the City of Buenos Aires (FONDES) that offers direct financing to productive units and credit entities of the social economy – where Galicia has allocated around $50 million pesos to finance cooperatives and base of pyramid entrepreneurs.
Galicia conceives sustainability as a fundamental and transversal aspect of its business strategy. Therefore, it works to reconcile positive economic results and at the same time, assumes the responsibility of efficiently managing the social and environmental impact generated by its operations.
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