Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Chile
  4. Santiago Stock Exchange
  5. Bicecorp S.A.
  6. News
  7. Summary
    BICECORP   CLP1667P1177

BICECORP S.A.

(BICECORP)
  Report
SummaryChartsNewsCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Bicecorp S A : Reporte de Sustentabilidad 2020 en Inglés

09/16/2021 | 02:32pm EDT

LETTER FROM THE CHAIRMAN

BICECORP

BUSINESS

ENVIRONMENT

PEOPLE

CONNECTED WITH THE ENVIRONMENT METHODOLOGY AND SCOPE GRI INDEX

Integrity

Innovation

Ethics

Service

Development

Sustainability Report

2020 [102-2,102-6,102-10,102-16]

Sustainability Report BICECORP 2020

LETTER FROM THE CHAIRMAN

BICECORP

BUSINESS

ENVIRONMENT

PEOPLE

CONNECTED WITH THE ENVIRONMENT METHODOLOGY AND SCOPE GRI INDEX

2

BICECORP S. A. is a Publicly Traded Corporation, registered in the Securities Registry of the Financial Market Commission under No. 0479.

Legal Domicile

: Teatinos 220, 4th Floor, Santiago, Chile

Taxpayer ID Number

: 85.741.000-9

Telephone Number

: +56 22692 2000

Website

: www.bicecorp.com

For further information about this report and the topics addressed, please contact us via email at sustentabilidad@bicecorp.com or consult our company website at www.bicecorp.com

Sustainability Report BICECORP 2020

LETTER FROM THE CHAIRMAN

BICECORP

BUSINESS

ENVIRONMENT

PEOPLE

CONNECTED WITH THE ENVIRONMENT METHODOLOGY AND SCOPE GRI INDEX

3

4

Environment: Towards a greener and ethical economy _ Pag. 25

1

Welcome _ Pag. 4

4.1 Credit risk assessment

4.2 ERNC financing

1.1 Letter from the chairman

4.3 Responsible investment

5

People: Commitment and excellency _ Pag. 30

5.1 BICECORP team

5.2 Adaptation and flexibility during the pandemic

5.3 Comprehensive development of employees

5.3.1 Workforce training and growth

5.3.2 Performance evaluation

2

BICECORP: Responsible by nature _ Pag. 6

5.3.3 Job mobility

2.1 Value proposition and vision of sustainability

5.4 Gender equity and inclusion

5.5 Work environment

2.1.1 Mission and vision

2.1.2 Business areas

6

Connected with the environment _ Pag. 53

2.1.3 National coverage

6.1 Financial education

2.2 Governance

6.2 Partnerships and donations

2.2.1 Property and corporate governance

6.3 Responsible consumption of resources

2.3 Ethics and integrity

6.4 Supplier management

2.3.1 Crime prevention model

2.3.2 Free competition policy

2.3.3 Integrity channel

2.3.4 Training and communication

CONTENTS

2.4 BICECORP's Digital Transformation Strategy

TABLE OF

2.5 Generated and distributed economic value

3

Business: Clients are the bottom line _ Pag. 18

3.1 BICECORP's experience

3.2 Monitoring of satisfaction

7

Methodology and scope of the report _ Pag. 59

GRI table of contents _ Pag.

60

Sustainability Report BICECORP 2020

LETTER FROM THE CHAIRMAN

BICECORP

BUSINESS

ENVIRONMENT

PEOPLE

CONNECTED WITH THE ENVIRONMENT METHODOLOGY AND SCOPE GRI INDEX

4

The pandemic has brought about a crisis that is not only economic but also social in its nature, causing the world to stagger, giving society a taste of uncertainty and compelling companies to reformulate their working philosophy. In this sense, I wish first to appreciate the commitment and resilience of each one of BICECORP employees that allowed not only

Letter from for our operational continuity but also fought for excellency in their client-related behaviors.

the chairman

[102-14]

In BICECORP we were not alien to the crisis. Now, retrospectively, we can boast of empowerment during this unprecedented year. The pandemic has boosted our process of transformation and learning, disclosing the sturdiness of the business model developed.

Never did our value proposition shine brighter, in line with the principles and criteria of a financially responsible industry that contributes to the sustainable development of the country. Our foundation is a solid ethical culture that from the beginning has ostracized projects that, although seemingly profitable, carry detrimental potential impacts on the community or the environment, defying those values that as a company and group we aspire to raise.

We are convinced that our financial services must respond to the issues that smother our society, as does climate change. Banco BICE was the first private bank in Chile to develop a financing facility exclusively designed for non-conventional renewable energy projects. In 2019, through AGF (General Funds Administrator) we adhered to the Principles for Responsible Investment (PRI), for which we became involved in an ongoing strong and methodical work of integration of social and environmental variables in the analysis of the investment portfolio administrated by AGF. Thus, in 2020 we managed to cover 75% of the variable income assets and 50% of the fixed income assets.

BICE Vida, in turn, following the pandemic- produced crisis, granted its pensioners the possibility of deferring the installments of their credits and, in the case of company-owned property tenants that applied, mainly small and medium-sized entrepreneurs, granted them specific facilities to confront their lease payments.

This period also had for us the double meaning of preservation and transformation. Preserving that which gives us identity, while forcefully and confidently following the digital transformation strategy that we started in 2019 with a view to position ourselves as one of the most innovative groups in client digital experience. In fact, this strategy made huge progress.

Sustainability Report BICECORP 2020

LETTER FROM THE CHAIRMAN

BICECORP

BUSINESS

ENVIRONMENT

PEOPLE

CONNECTED WITH THE ENVIRONMENT METHODOLOGY AND SCOPE GRI INDEX

5

In this manner, and continuing our goal of rendering top client service, we inaugurated BICE Lab, a center focused on enhancing digital innovation culture and new product development by means of ten work teams/cells acting in different fronts.

On the other hand, and always bearing the community in mind, we kept our teenager- focused Financial Education projects and supported those most vulnerable, senior citizens and SIP School Network student families, deeply affected by the country context.

Finally, our management of and concern for our teams and clients, always in the heart of our decisions, added up in this period the urgency to ensure the health of them all.

We adapted or working methodology in search of balance between the sanitary shielding of our employees and their family roles thus strengthening remote working as a response to the necessary conciliation. To achieve this, we additionally developed a solid program of support and containment that allowed even for improving the end results of our work environment while maintaining our provision of client satisfaction and coverage regarding service excellency and our trademark response.

I invite you to learn more about the details of our performance in this 2020 Sustainability Report.

"The pandemic has boosted our process of transformation and learning, disclosing the sturdiness of the business model developed".

Bernardo Matte Larraín BICECORP Chairman

Para continuar a leer este documento, haga clic aquí para la versión original.

Disclaimer

BICECORP SA published this content on 16 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 September 2021 18:31:00 UTC.


© Publicnow 2021
All news about BICECORP S.A.
09/16BICECORP S A : Reporte de Sustentabilidad 2020 en Inglés
PU
07/30Bicecorp S.A. Reports Earnings Results for the Second Quarter Ended June 30, 2021
CI
05/01Bicecorp S.A. Reports Earnings Results for the First Quarter Ended March 31, 2021
CI
03/05Bicecorp S.A. Reports Earnings Results for the Full Year Ended December 31, 2020
CI
More news
Financials
Sales 2020 1 054 B 1 309 M 1 309 M
Net income 2020 102 B 127 M 127 M
Net cash 2020 2 616 B 3 249 M 3 249 M
P/E ratio 2020 10,8x
Yield 2020 2,65%
Capitalization 965 B 1 198 M 1 198 M
EV / Sales 2019 -1,55x
EV / Sales 2020 -1,43x
Nbr of Employees -
Free-Float 2,03%
Chart BICECORP S.A.
Duration : Period :
Bicecorp S.A. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends BICECORP S.A.
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Managers and Directors
Sector and Competitors
1st jan.Capi. (M$)
BICECORP S.A.-12.77%1 198
BLACKSTONE INC.110.60%98 460
KKR & CO. INC.88.54%44 509
LEGAL & GENERAL PLC8.23%23 475
THE CARLYLE GROUP INC.79.04%19 678
AMUNDI16.77%18 298