The course trains MAPFRE professionals on the issues they need to master to advise their clients on sustainable finance

 

More than 500 MAPFRE financial advisors completed the FEF School course, obtaining the ESG Essentials certification granted by the European Federation of Financial Analysts Societies (EFFAS).

MAPFRE and the training center of the Foundation for Financial Studies, Escuela FEF, have collaboration agreement whereby professionals at the insurance group who provide financial advice and who are already certified under MiFID II, participate in the ESG Essentials course to train in Environmental, Social and Governance.

Participants in this program can take the exam to obtain the world-leading certification in ESG certifications. In this first edition, 518 MAPFRE professionals took the exam and 497 obtained the certification (96%). MAPFRE will continue to gradually promote such certification among its representatives,

The course, which is provided in a 100% online format and includes the simulation of practice cases, trains MAPFRE participants on the issues they need to master to advise their clients on sustainable finance: the social and environmental impact and good governance practices when it comes to investment and financial products. As such, MAPFRE maintains its clear commitment to offering the best training to its professionals in order to provide the best advisory service to its clients.

In accordance with Regulation (EU) 2019/2088, participants and financial advisors must report on the integration of sustainability risks and the analysis of adverse effects with respect to financial products. It aims to encourage investment in activities that promote a lower carbon economy and meet the EU’s economic recovery and sustainable development goals.

Escuela FEF is the only training center in Spain accredited by the Instituto Español de Analistas Financieros (Spanish Institute of Financial Analysts — IEAF) to offer preparatory courses for exams for the leading international ESG certifications. EFFAS is the world’s leading organization in implementing these certifications: ESG Essentials and Certified ESG Analyst (CESGA). Titles that in our country are promoted by the representative of EFFAS, which is the IEAF-Financial Studies Foundation (FEF).

MAPFRE is the benchmark insurer in the Spanish market and leader in the Automobile, Homeowners and Business lines, among others, with more than 7 million clients, around 11,000 employees in Spain and roughly 3,000 branches distributed throughout the country, which offer personalized advice to its clients. In 2020, premiums in Spain exceeded 6.86 billion euros, or 445 million euros after taxes.

More related news