Our commitment
At CaixaBank, we protect the environment when we are performing our activities. We implement the best environmental and energy practices in accordance with our Sustainability Principles .
Our 2022-2024 Sustainable Banking Plan includes the 2022-2024 Environmental Management Plan, with eight action plans aimed at reducing the direct impact of our activity as a Group:
- Governance in Environmental Management
- Climate Change: operational carbon footprint, renewable energy consumption and offset of emissions
- Environmentally-friendly purchasing and contracting
- Environmentally-friendly catalogue of non-financial products
- Commitment to circular economy
- Sustainable Mobility Plan
- Promotion of efficiency
- Renewal of voluntary certifications and extension of the perimeter
With this aim in mind, we have defined the following objectives with indicators for each year of the Plan with the perimeter of Scope 1 and 2 for the CaixaBank Group and the Scope 3 concepts detailed in the section on calculating the Carbon Footprint for CaixaBank, S.A:
OBJECTIVE |
INDICATORS |
2022 |
2022 |
2023 |
2024 |
---|---|---|---|---|---|
Carbon footprint minimization and offsetting
|
Scope 1 (vs 20211) |
-7% |
-10% |
-10% |
-15% |
Scope 2 (vs 2021) |
-100% |
-100% |
-100% |
-100% |
|
Scope 3 operational (vs 20212) |
-12% |
-38% |
-15% |
-18% |
|
Reduction in CO2 emissions (vs 2021) |
-12.9% |
-31.74% |
-16% |
-19% |
|
Carbon Neutral 3. Scope 1, 2 and 3 operational CO2 emissions reduced (vs 2021) |
100% |
100% |
100% |
100% |
|
100% renewable energy consumption |
Consumption of renewable energy |
100% |
100% |
100% |
100% |
Reduction of paper consumption/waste |
Reduction of A4 paper consumption (vs 2021) |
-8% |
-34.6% |
-12% |
-15% |
Implementation of energy efficiency measures |
Saving in energy consumed (vs 2021) |
-6% |
-14.1% |
-8% |
-10% |
Renewal of certifications and extension of the perimeter |
Environmental certifications in main buildings (vs 11 certifications 20214) |
2 |
2 |
3 |
4 |
1. For the calculation of the scope 1 target, CaixaBank's refrigerant gas emissions data will take the average for the period 2019-2021 as the baseline year.
2. CaixaBank's corporate travel emissions data takes 2019 (before COVID-19 restrictions) as the baseline year for the calculation of the scope 3 objective. The target falls within the same perimeter reported in 2021, as explained in this chapter.
3. The carbon neutrality perimeter ("Carbon Neutral") is defined taking into account Scopes 1, 2 and 3.6 (corporate travel) at a CaixaBank Group-wide level. To achieve this, we implement measures to reduce emissions, calculate emissions that could not be avoided and offset them by purchasing credits on the voluntary emissions offset market.
4. In 2022, CaixaBank sold the certified building located at Paseo de la Castellana 51, moving most of its employees to the building at Castellana 189, which is also ISO 14001 certified. The base figure against which we assess the targets has changed to 10 certifications, to which we have added 2 new buildings belonging to BPI this year.