2022-24 Strategic Plan Update
i STRATEGY
Sustainable banking targets
2022-2024
SUSTAINABLE
BANKING PLAN
COMMITMENTS
GLOBAL
2022-24E TARGETS
• Mobilisation of ~€64 Bn in sustainable finance (1)
•
Maintain category "A" in the synthetic
sustainability indicator(2)
ENVIRONMENTAL
Work towards decarbonisation of the portfolio
to achieve net zero emissions by 2050 with
2030 interim decarbonisation targets (3)
88
888
€3.5 Bn of micro-loans origination by MicroBank
SOCIAL
GOVERNANCE
CaixaBank
PROGRESS TO TARGETS
2
€50.8 Bn SUSTAINABLE FINANCE
79%
SYNTHETIC SUSTAINABILITY INDICATOR
A
✓ OIL & GAS
By 2024:
✓
POWER GENERATION
COAL
•
REAL ESTATE
O
IRON & STEEL
AUTO
•
•
°
ALUMINUM
CEMENT
AGRICULTURE
AVIATION
NAVAL
€2.4 Bn MICRO-LOANS ORIGINATION
69%
FEMALES IN MANAGERIAL POSTS
•
43% (4) of females in managerial positions (5)
43%
(1) Refer to the appendix (glossary) for definition. (2) CaixaBank's own indicator constructed using KPMG methodology. It consists of an objective weighting of the scores awarded by the main international ESG analysts (S&P Global,
Sustainalytics, MSCI and ISS ESG). (3) CABK published its first decarbonisation objectives for 2030 in October 2022 for the sectors: oil and gas and electricity. In 2023, targets for additional sectors have been published: coal, iron and steel and
automotive. Targets for Real Estate, agriculture, aviation, naval, cement and aluminum sectors are expected to be published before April 2024. (4) As a result of the Equality Plan update in 2023, the initial target for 2024 of 42% has been revised
upwards to 43%. (5) CaixaBank S.A., considering deputy-manager positions in branches type A and B and above.
28View entire presentation