Environmental management

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 Environmental and Energy Management Principles .

Our 2019-2021 Environmental Management Plan  includes objectives for reducing our impact based on innovation and efficiency. It establishes priority areas for action and details our main initiatives for spreading and promoting good practices. 

2019-2021 Enviromental

Management Plan

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Carbon Neutral Strategy

Minimising and offsetting all calculated CO2 emissions

Enviromental efficiency measures and certifications

Minimising the bank's impact, implementing new energy saving measures and renewing certifications and enviromental commitments

Extending the enviromental commitment to the value chain

Action plans for suppliers to assume our enviromental values as their own and comply with the adquired commitments

Driving sustainable mobility

Actions encouraging sustainable mobility to minimise the emissions of the company, staff and suppliers

Commitment, transparency and engagement

Engagement actions with employees and reinforcing the commitment and public enviromental information

The monitoring of this Plan involves achieving the following objectives:

Iniciative Purpose Indicators Objective
 2018
2018 Objective
 2019
2019 Objective
 2020
2020 Objective
 2021

1

Carbon neutral project
Minimising and offseting the carbon footprint Reduction in CO2 emissions (vs 2015) - Global 10% 38% 11.5% 50% 20% 63% 34%
Scope 1 11.5% 71% 20% 81% 40%
Scope 2 11.5% 82% 75% 87% 75%
Scope 3 11.5% 30% 15% 46% 25%
CO2 emissions offset 100% 100% 100% 100% 100% 100% 100%
100% de contracting renewable energy Renewable energy consumed 100% 100% 100% 100% 100% 100% 100%

2

Enviromental efficiency and certifications
Implementing energy efficiency measures Consumed energy saving(vs 2015) 5.5% 9% 7% 13% 10.5% 18.8% 15%
Certification renewal and extension of scope Renewed enviromental certifications 100% 100% 100% 100% 100% 100% 100%

3

Value chain
Enviromental Procurement Plan(enviromental criteria in purchases and contracting services and extending the enviromental commitment to the value chain) Purchase categories with green criteria / Total purchase categories with greeing potential n / a n / a 50% 50% 75% 75% 100%

Management of climate change

Financial entities have a key role to play in achieving the objectives of the Paris Agreement and the Sustainable Development Goals (SDG). In February 2019, CaixaBank approved its Climate Change Declaration, which aims to contribute to the transition to a low carbon and socially fair economy, while promoting sustainable economic growth and development.

One of the areas of action in the Climate Change Declaration is to reduce the CO2 emissions from our activities and offset those that cannot be avoided, in accordance with our Carbon Neutral Plan.

Estrategia Carbon Neutral

La Estrategia de la Entidad para alcanzar la neutralidad de emisiones está basada en su medición, la reducción de las mismas y la compensación de las que no podemos evitar

01. Calculation of the entity's carbon footprint

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02. Reduction of CO2 emissions

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03. Offsetting of unavoidable emissions

01. Calculation of our carbon footprint

CaixaBank prepares an annual inventory of the greenhouse gas (GHG) emissions generated from its activities. This is used to calculate its carbon footprint and establish actions to gradually reduce it.


Emissions generated by scope and per employee

Emissions by scope and source and per employee

 2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
Years Scope 1 Scope 2 Scope 3 Total Emissions by average staff (t CO2e / employee)
2020 3.596,79 286,70 12.361,23 16.245 0,59
2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
Years Scope 1 Scope 2 Scope 3 Total Emissions by average staff (t CO2e / employee)
2019 5.572,59 458,80 15.092,27 21.124 0,73
2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
Years Scope 1 Scope 2 Scope 3 Total Emissions by average staff (t CO2e / employee)
2018 8.575,96 403,81 18.365,44 27.345 0,93
2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
Years Scope 1 Scope 2 Scope 3 Total Emissions by average staff  (t CO2e / employee)
2017 13.873,08 376,89 20.329,77 34.580 1,17
2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
Years Scope 1 Scope 2 Scope 3 Total Emissions by average staff (t CO2e / employee)
2016 14.336,36 615,73 23.354,72 38.307 1,28
2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
Years Scope 1 Scope 2 Scope 3 Total Emissions by average staff (t CO2e / employee)
2015 19.119,54 2.279,07 22.772,09 44.171 1,47
2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
2014 14.306,90 2.526,63 23.696,78 40.530 1,38
2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
2013 30.276,63 11.981,67 24.433,96 66.692 2,20
2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
2012 17.175,07 29.379,51 24.050,93 70.605 2,59
2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
Years Scope 1 Scope 2 Scope 3 Total Emissions by average staff (t CO2e / employee)
2011 17.049,67 26.281,34 23.112,01 66.443 2,64
2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
Years Scope 1 Scope 2 Scope 3 Total Emissions by average staff (t CO2e / employee)
2010 17.174,03 22.418,89 23.932,16 63.225 2,56
2009 - 2020 CaixaBank carbon footprint comparison (t CO2e)
Years Scope 1 Scope 2 Scope 3 Total Emissions by average staff (t CO2e / employee)
2009 17.206,25 55.326,77 38.215,01 110.748 4,40
Years Fleet of vehicles, own or leased Heating Refrigerant gas leakage Total Scope 1
2009 1.026 772 15.311 17.206,25
2010 1.066 290 15.718 17.174,03
2011 1.159 474 15.311 17.049,67
2012 1.704 70 15.337 17.175,07
2013 1.702 92 28.412 30.276,63
2014 1.798 96 12.333 14.306,90
2015 2.328 139 16.579 19.119,54
2016 1.635 71 16.579 14.336,36
2017 1.751 184 11.910 13.873,08
2018 1.308 123 7.122 8.575,96
2019 1.241 99 4.212 5.572,59
2020 1.067 167 2.246 3.596,79
Years Electricity Total Scope 2
2009 55.326,77 55.326,77
2010 22.418,89 22.418,89
2011 26.281,34 26.281,34
2012 29.379,51 29.379,51
2013 11.981,67 11.981,67
2014 2.526,63 2.526,63
2015 2.279,07 2.279,07
2016 615,73 615,73
2017 376,89 376,89
2018 403,81 403,81
2019 458,80 458,80
2020 286,70 286,70
Years Purchase of goods and services Capital goods Fuel and energy-related activities

Waste production

Corporate travel Commuting Total
Scope
3
2009 14.562 73 15.932 151 5.531 1.966 38.215,01
2010 13.652 131

2.515

168 5.555 1.910 23.932,16
2011 13.183 175 1.561 181 6.118 1.894 23.112,01
2012 12.435 910 1.121 173 7.460 1.951 24.050,93
2013 11.213 910 1.733 204 8.352 1.917 24.433,96
2014 11.044 1.149 1.435 142 7.758 2.167 23.696,78
2015 11.430 1.547 1.144 106 6.078 2.465 22.882,09
2016 10.970 2.130 134 208 8.261 1.651 23.354,72
2017 8.440 2.028 92 163 8.035 1.571 20.329,77
2018 5.921 2.090 78 112 9.231 932 18.365,44
2019 4.193 2.447 89 92 7.424 845 15.092,27
2020 4.372 3.111 60 64 4.281 471 12.361,23

ISO 14064 

CaixaBank has reduced its carbon footprint by 85% since 2009.

We calculate our carbon footprint according to the ISO UNE-EN 14064:1-2012 standard, based on "The Greenhouse Gas Protocol" and "Corporate Value Chain (scope 3) accounting and reporting standard". The data are verified annually by an independent certifying body.

02. Reductions

Calculating our carbon footprint enables us to reduce our emissions by improving our management.

03. Offsetting

We offset the unavoidable emissions from our corporate buildings and branch network (scopes 1, 2 and 3)

  • We are a carbon neutral entity. 

In 2018, we became the first bank in Spain, and one of the first in Europe, to offset all of the CO2 emissions from our activities. This means our offsetting objective includes the emissions associated with both our corporate centres and our entire branch network, which is the largest in the financial sector in Spain.

  • We offset the emissions we generate. 

We offset our emissions by purchasing carbon credits (recognised by the Verified Carbon Standard) for projects with positive social and environmental impact, and through the reforestation of two areas in Montserrat, Barcelona and Ejulve, Teruel, the direct benefits of which for the areas will be accounted for over the coming years. 

  • Membership and registrations.

We register our carbon footprint with the Ministry for the Ecological Transition and the Demographic Challenge's Register of carbon footprints, offsetting and carbon dioxide absorption projects   and we have signed up to the Voluntary Agreements Programme  for the reduction of greenhouse gas (GHG) emissions run by the Catalan Office for Climate Change (OCCC).




Register of carbon footprints (MTE)


Voluntary Agreements Programme of Generalitat de Catalunya

Environmental and energy management system

At CaixaBank, we have implemented an environmental and energy management system that allows us to reduce the environmental impact of our activities, ensuring a process of continuous improvement.

Our corporate centre in Barcelona has an environmental and energy management system, under the European EMAS regulations and the ISO 14001 and ISO 50001 standards. The scope of our ISO 14001 certification also includes our 5 most important corporate centres in Valencia and Madrid.

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ENVIRONMENTAL AND ENERGY MANAGEMENT SYSTEM

CONTEXT

  • Internal and external context
  • Expectations of stakeholders

Plan

Establish processes and objectives

Act

Take steps for
on-going
improvement

Do

Implement processes

Verify

Assess performance

ENVISAGED RESULTS

CONTEXT

  • Internal and external context
  • Expectations of stakeholders

ENVISAGED RESULTS

Plan

Establish processes and objectives

Act

Take steps for
on-going
improvement

Amazonas
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ENVIRONMENTAL AND ENERGY MANAGEMENT SYSTEM

Do

Implement processes

Verify

Assess performance

Principles

Enviromental and energy management principles

Declaration on climate change

External certifications

EMAS regulation

ISO 14001

ISO 50001

Supervision

Enviromental Risk Management Committee

Corporate Responsibility and Reputation Committee