TOWARDS A LOW-CARBON ECONOMY

CaixaBank manages its business, projects, products and services within the framework of its commitment to respect and protect the planet and its people. It therefore supports the most environmentally-conscious projects that help prevent, mitigate and address climate change.

ACTIVE ADHESION TO KEY INITIATIVES

Signatory to the Equator Principles since 2007 which works to avoid, minimise, mitigate and remedy potential risks when financing projects that may threaten the environment or society.

Over €17,808 M
invested in 14 projects:

12 have been classified as B, meaning there are potential adverse social and environmental impacts which are limited and easily mitigated

2 have been classified as C, meaning there is no impact or potentially minimum impact

For projects over €5 M, CaixaBank applied a simplified social and environmental risk management procedure.

Highest possible score in the CDP

CaixaBank received a 100A score in the CDP's "The Climate A List" . This global index rates transparency and measures taken to tackle climate change, positioning the entity among the top corporates worldwide in terms of environmental management.

Signatory to the Green Bond Principles in 2015.

Participated in the Spanish Green Growth Group which promotes economic growth and sustainable development.

Member of the Clúster de Cambio Climático de Forética, a networking forum where companies can exchange knowledge on climate change.

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FINANCING AND SUSTAINABLE COMMERCIAL OFFER

583 ecoLoans
extended to purchase efficient vehicles and household appliances and finance home improvements to improve energy efficiency.
€1.58 M granted
53 ecoLoans extended to
fund farming projects
related with energy efficiency, efficient use of water, organic farming, renewable energies, waste management and the development of rural areas.
€3.58 M granted
New agreement in 2015 to install photovoltaic technology for customers with agricultural facilities.
393 ecoMicrocredits
granted to invest in improving efficiency in the consumption of ecological resources, products and services (e.g. eco-tourism), recycling, and waste treatment, etc.
€593,994 granted
12,275 Mw
in installed capacity in the renewable energy projects financed since 2011.
€8.3 M in the MicroBank Ecological Fund,
which invests in environmentally-responsible funds in sectors such as renewable energies, organic food, recycling and water treatment.
3,965 MicroBank green accounts
which collaborate with the WWF in preserving the environment and sustainable development.
Over €16,000
earmarked for the NGO's reforestation programme, via green accounts.
Over €1,600 trees planted.
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MINIMISING OUR CARBON FOOTPRINT

Carbon neutral in 2018
  • CaixaBank has approved a plan to become Carbon neutral in 2018.
  • All CO2 emissions from CaixaBank's activities at Central Services (scopes 1 and 2) and the branch network (electricity and fuel consumption) will be offset.
98.75% of green energy
Virtually all of the electricity consumed by CaixaBank comes from renewable sources.
  • 13,100 Smart PCs introduced, with energy consumption of below ~25%, as part of a computer upgrade programme.
  • 77% of contracts are signed digitally when managers have a mobile device.
  • One of the Data Processing Centres (DPC) holds LEED Silver certification as an environmentally-responsible area and another is currently in the process of being certified.
  • 57,407 MWh in energy savings forecast for 2015 and over 2.9 million MWh in 2017, thanks to replacing 5,600 office lights with LED ones.
99% of the paper consumed is recycled
while the rest is certified by the Forest Stewardship Council (FSC) and the EU Ecolabel as coming from sustainably-managed forests.
8.7% reduction in paper consumed by employee vs 2014.
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