Banca March launches a project to measure the health of the Mediterranean and promote environmental education through its Mediterranean Fund 03 June 2024 Category: Sustainability The bank is launching an initiative that will monitor indicators such as water temperature, carbon footprint, salinity and air quality. This information will inform monthly reports that will allow for actions to be implemented to preserve the marine ecosystem, and to evaluate the various projects in which Banca March participates through the Mediterranean Fund. This initiative includes environmental education workshops, focused on water and the Mediterranean, with various schools in Palma de Mallorca, as well as beach clean-up activities. Banca March is taking part in a new project aimed at preserving the health of our oceans and seas through the donations made by its socially responsible Mediterranean Fund. On this occasion, it is launching an initiative to measure the health of the Mediterranean by monitoring indicators such as water temperature, carbon footprint, salinity and air quality. Based on these measurements, monthly reports will be prepared to inform actions to preserve the marine ecosystem. These reports, which are intended to generate an impact on the various stakeholders groups, will include vulnerability assessments, which involve identifying the groups of species, ecosystems or areas at greatest risk, or adaptation assessments, aimed at measuring the degree of adaptation of these groups to different climate scenarios. The measurements will be carried out through three fully electric vessels equipped with state-of-the-art technology that provides real-time data on the state of health of the sea and air using cartography and satellite information. The results will be used to measure the performance of the various projects in which Banca March participates through its socially responsible Mediterranean Fund, such as the Seahorse Project by the Palma Aquarium Foundation, which seeks to preserve the biodiversity of the Mediterranean through the reproduction of the seahorse. This initiative includes environmental education workshops, focused on water and the Mediterranean, with various schools in Palma de Mallorca, as well as beach clean-up activities. Banca March's goal through these initiatives is to raise social awareness of the importance of preserving the quality and richness of our seas. Mediterranean Fund: a sustainable, socially responsible investment fund March International - Mediterranean Fund is a themed, sustainable, socially responsible equity fund by March A.M. which invests in two key sectors that are expected to outpace global economic growth: the ocean economy and water. This themed equity fund donates 10% of its management fee to projects related to these two areas. Year to date, Mediterranean Fund has posted gains of 7.40% (data at end of March, class A €). The cumulative return since the fund's launch stands at 46.60% (data at the end of March, class A €).