Santiago Portas: "We treat a Cabildo the same as the humblest parish".Banco Sabadell and Amundi promote responsible investmentsSince 2006, the Sabadell Ethical and Solidarity Investment Fund has granted 3.3 million euros to various solidarity projects. In the last call for these grants, announced in 2023, Banco Sabadell provided 234,703 euros to 23 projects of NGOs, religious congregations and foundations.
This Fund, aligned with the principles of the Social Doctrine of the Church, is made up of the Bank and Sabadell Asset Management. Its work shows the change of conscience in companies," as CEO Carlos Ventura said at the award ceremony. This change, he said, has led companies to recognize that in order to "progress they must act ethically and in solidarity".
For its part, Santiago Portas, director of the Religious Institutions and Third Sector segment of Bando Sabadell, congratulated the institutions that have received the grants. He also praised "the excellent work done by the fund manager, giving investors not only profitability, but also peace of mind and consistency with its values and principles".
The selection of the institutions that benefit from this investment by Banco Sabadell is made by the Fund's Ethics Committee. During the selection process, the activity of the organizations that apply for the call is reviewed and diversity is sought in the activity and the public served by the solidarity projects.
The Altius Foundation
Among the institutions that have received grants is the Altius Foundationwhich is dedicated to helping people in situations of exclusion. Representatives of this Foundation stated during the award ceremony that "it is a source of pride and a great responsibility to be a bridge between companies that want to help and people in need".
One of the projects developed by Altius is the "1 kilo of help" program. Through this initiative, the Foundation distributes around 70 tons of basic food, hygiene and cleaning products every month.
Linked to the Francisco de Vitoria University, the Altius Foundation has been committed to the transformation of society based on Christian values since 2002, providing comprehensive accompaniment to all the people who come to it.
