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CaixaBankSpain
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This profile is actively maintainedCreated before Nov 2016
Last update: 2022-01-24 00:00:00
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CaixaBank's head offices in Barcelona. Photo: Jordiferrer via Wikimedia Commons (CC BY SA 3.0) About CaixaBank
CaixaBank was founded in 1980, and is a leading Spanish retail bank. The bank operates through three segments: banking and insurance, real estate activity, and investments. With the mergers and takeovers of Banca Cívica and Banco de Valencia, and the retail banking, wealth management and corporate banking businesses of Barclays in Spain, CaixaBank has extended its share of the Spanish financial market. CaixaBank signed the Equator Principles in March 2007, and is therefore part of BankTrack's Tracking the Equator Principles campaign.
In 2021 Bankia merged with CaixaBank to create a new entity but preservering the name of the latter.
| Website | http://www.caixabank.com |
| Headquarters |
Avda Diagonal 621-629
08028 Barcelona
Spain
|
| CEO/chair |
Mr. Gonzalo Gortázar Rotaeche CEO |
| Supervisor | |
| Annual report | Annual report 2020 |
| Ownership |
listed on Bolsa de Madrid
CriteriaCaixa (100% owned by La Caixa Banking Foundation) holds 30% of CaixaBank's shares. CaixaBank's complete shareholder structure can be accessed here. |
| Complaints and grievances |
In its 2018 Human rights policy CaixaBank mentions it has a Complaints and Claims Management policy in place, but Caixabank does not list any contact details. Stakeholders may also raise complaints via their OECD National Contact Point (see OECD Watch guidance). |
Related Dodgy Deals
CaixaBank has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Dodgy Deals map
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Active profiles
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On record profiles
Policy Assessments
Banks, climate and energy
Bank policy scores on tar sands
BankLast update
Country
Score
Ranking
Details
Caixabank
2020-03-01
ESP
5
Follower
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Explanation
The point-based policy ranking above assesses bank policies in four ways:
1) Restriction on direct financing for tar sands projects.
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None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)
2) Restriction on financing for companies that expand tar sands.
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None (0), weak exclusion (2), strong exclusion (4)
3) The bank’s commitment to phase-out financing for tar sands.
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None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)
4) The bank’s commitment to exclude companies active in tar sands above a certain threshold.
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None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)
A bank can obtain a total of 18 policy points for its tar sands policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.
Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.
Bank policy scores on Arctic oil and gas
BankLast update
Country
Score
Ranking
Details
Caixabank
2020-03-01
ESP
2
Laggard
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Explanation
The point-based policy ranking assesses bank policies in four ways:
1) Restriction on direct financing for Arctic oil and gas projects.
- None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)
2) Restriction on financing for companies that expand Arctic oil and gas.
- None (0), weak exclusion (2), strong exclusion (4)
3) The bank’s commitment to phase-out financing for Arctic oil and gas.
- None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)
4) The bank’s commitment to exclude companies active in Arctic oil and gas above a certain threshold.
- None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)
A bank can obtain a total of 18 policy points for its Arctic oil and gas policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.
Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.
Bank policy scores on fracked oil and gas
BankLast update
Country
Score
Ranking
Details
Caixabank
2020-03-01
ESP
1
Laggard
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Explanation
The point-based policy ranking assesses bank policies in four ways:
1) Restriction on direct financing for fracked oil and gas projects.
- None (0), weak exclusion (1), moderate exclusion (2), strong exclusion (3)
2) Restriction on financing for companies that expand oil and gas fracking.
- None (0), weak exclusion (2), strong exclusion (4)
3) The bank’s commitment to phase-out financing for oil and gas fracking.
- None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)
4) The bank’s commitment to exclude companies active in oil and gas fracking above a certain threshold.
- None (0), enhanced due diligence (0.5), weak exclusion threshold (2), moderate exclusion threshold (4), strong exclusion threshold (5), full exclusion (6)
A bank can obtain a total of 18 policy points for its fracking policy. Based on this score banks are then classified as laggards, followers, front runners or leaders.
Laggard
Follower
Front runner
Leader
0 - 4.5 points
5 - 9 points
9.5 - 13.5 points
14 - 18 points
For more details see this page.
Tracking the Equator Principles
EPFIs reporting status
BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
Caixabank
2021-08-31
ESP
2020
17
18
106
1.07000000019E+38
0
Explanation
Project name reporting status of Equator Principles signatories for each financial institutions' most recent reporting period. Where there is no percentage presented the EPFI has not reported having financed any project transactions in that reporting period.
For more details see this page.
News
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Type:
Year:
Documents
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Links
Policies
Voluntary standards
CaixaBank has committed itself to the following voluntary standards:- Carbon Disclosure Project
- Collective Commitment to Climate Action (CCCA)
- Dow Jones Sustainability Indices
- Equator Principles
- Global Reporting Initiative
- Green Bond Principles
- ISO 14001
- Net-Zero Banking Alliance (NZBA)
- OECD Guidelines for Multinational Enterprises
- Principles for Responsible Banking (PRB)
- Principles for Responsible Investment (PRI)
- Task Force on Climate-related Financial Disclosures
- UNEP Finance Initiative
- United Nations Global Compact
Investment policies
CaixaBank's webpage on corporate social responsibility can be accessed here.
Year:
Equator Principles
Implementation and reporting
CaixaBank is reporting on the implementation here.
Contact and complaints
Equator Principles Dodgy Deals
Good moves
Year: