The ICO Group and Sustainability
Three facets of sustainability - environmental, social and governance
The ICO Group, made up of the Instituto de Crédito Oficial, Axis and Fundación ICO, incorporates three facets of sustainability - environmental, social and governance - as one of the pillars of its 2022-2027 Strategy.
Within this framework, AXIS, as a public entity committed to serving society, directs its activity towards promoting the growth, development and internationalisation of Spanish companies, always with the aim of contributing to sustainable growth, job creation and the equitable distribution of wealth.
AXIS conducts its investment activity through the four funds it manages: Fond-ICO Pyme, Fond-ICO Sostenibilidad e Infraestructuras, Fond-ICO Global and Fond-ICO Next Tech. Of the four funds, only Fond-ICO Sostenibilidad e Infraestructuras is registered with the CNMV as an Article 8 SFDR fund.
The vision of sustainability at Axis is aligned with the United Nations Brundtland Report, which promotes meeting the needs of present generations without compromising the ability of future generations.
In addition, Axis integrates the guidelines of the ICO Group's Sustainability Policy into its activity, in three ways:
- Social: mainly through the social impact initiative integrated in Fond-ICO Pyme
- Environmental: through Fond-ICO Sostenibilidad e Infraestructuras [Sustainability and Infrastructures], an Article 8 SFDR fund
- Governance: AXIS, as the venture capital manager of the ICO Group, adopts Instituto de Crédito Oficial's commitments to good governance and undertakes to operate in an ethical, transparent and responsible manner