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Banco SabadellSpain
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This profile is actively maintainedCreated before Nov 2016
Last update: 2022-05-11 10:37:36
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Banco Sabadell head offices in Alicante, Spain. Photo: Folguerola Angela via Wikimedia Commons (CC BY-SA 3.0)About Banco Sabadell
Banco Sabadell was founded in 1881 by a group of 127 businessmen and traders from Sabadell in Spain, aiming to finance local industries. Nowadays, it is in the top five largest banks in Spain and provides banking and financial products and services in Spain and internationally. Banco Sabadell is comprised of different banks, brands, subsidiaries and part-owned companies. Since 2007, the bank has doubled in size and acquired several other banks. Banco Sabadell adopted the Equator Principles in 2011.
| Website | https://www.grupbancsabadell.com/en/ |
| Headquarters |
Avenida Óscar Esplá 37
03007 Alicante
Spain
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| CEO/chair |
César González-Bueno Mayer CEO |
| Supervisor | |
| Annual reports |
CSR report 2021 Annual report 2021 |
| Ownership |
listed on Bolsa de Madrid
Banco Sabadell's shareholder structure can be accessed here. |
| Subsidiaries |
TSB Bank – United Kingdom
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| Complaints and grievances |
Banco Sabadell operates a grievances and redress mechanism (according to its human rights policy), but it doesn't list any contact details. |
Related Dodgy Deals
Banco Sabadell 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
Tracking the Equator Principles
EPFIs reporting status
BankLast update
Country
Reporting period
PF deals under EP
Project names reported
% Project names reported
Details
Banco de Sabadell
2022-08-13
ESP
2021
30
30
100
1.01000000031E+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.
Banks and Climate
Bank net zero commitments
BankLast update
Country
Target 2025
Target 2030
Net zero 2050
SBT
NZBA
CCCA
Details
Banco de Sabadell
2022-08-16
ESP
-10000
Explanation
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
For more details see this page.
NZBA member banks
BankLast update
Country
Target 2025
Target 2030
Net zero 2050
SBT
NZBA
Details
Banco de Sabadell
2022-08-16
ESP
-1000
Explanation
This table tracks the net zero pledges and commitments of banks. It shows whether banks have committed to net zero by 2050 and have set an interim emissions reduction goal for 2025 and/or 2030. It also notes banks that have not yet set targets but have pledged to do so in the future, including by joining the Collective Commitment to Climate Action or Net Zero Banking Alliance. Finally, it notes whether banks have (pledged to) set Science-Based Targets. More information and references can be found by expanding the 'details' section of each bank.
- A blue check mark means the bank has set a target or joined the alliance. A check mark does not mean that the target set by the bank meets any particular standard, just that is has set a target. In case we have identified short comings in the target, for example when it only applies to lending and not underwriting), this is noted in the 'details' section.
- An orange dash means a bank has pledged to set a target (for example, banks commit to set 2030 and 2050 targets when they join the NZBA), but have not yet actually done so.
Abbreviations:
CCCA = Collective Commitment to Climate Action
NZBA = Net Zero Banking Alliance
SBT = Science-Based Targets
News
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Policies
Voluntary standards
Banco Sabadell has committed itself to the following voluntary standards:- Carbon Disclosure Project
- Equator Principles
- FTSE4Good Supply Chain Labour Standards Criteria
- Global Reporting Initiative
- ISO 14001
- Net-Zero Banking Alliance (NZBA)
- Principles for Responsible Banking (PRB)
- Principles for Responsible Investment (PRI)
- Task Force on Climate-related Financial Disclosures
- UNEP Finance Initiative
- United Nations Global Compact
- Universal Declaration of Human Rights
Investment policies
Banco Sabadell's web page on corporate social responsibility can be accessed here.
Year:
Equator Principles
Implementation and reporting
Banco Sabadell is reporting on the implementation here.
Contact and complaints
Good moves
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