Sustainability: Commitment towards the environment

Commitment towards the environment

Aware and sensitive to the environmental impact that every business activity generates in its environment, Ibercaja is committed to protecting the environment and combating climate change, taking into account both the environmental impact of its own facilities and that of its financial activity.
Ibercaja responds to the challenge implied by climate change and regulatory demands related to climate change, working to integrate environmental and climate aspects in a cross-cutting way throughout the organization.

To this end, the Entity refers to the objectives of the Paris Agreement on Climate Change, and advances in the implementation of the recommendations of the Task Force for Climate Related Financial Disclosures (TCFD).

On this path, Ibercaja undertakes to:
  • Analyze the impact of climate change, detecting needs that the transition to a decarbonized economy can present, to respond with business solutions that support environmental sustainability.
  • Analyze climate and environmental risks, their impact on customers and their financial activity, for their gradual integration in compliance with regulatory requirements.
  • Transparently communicate advances in environmental sustainability, raising awareness internally and externally to foster a sense of environmental responsibility.
  • To assume and endorse the main national and international commitments that help environmental protection and the fight against climate change, working on its implementation.

Following the principles of action governing the entity in the field of the environment, Ibercaja undertakes to:
  • Measure and make public your carbon footprint, establishing a reduction plan to achieve emission neutrality.
  • Comply with applicable environmental legal requirements and those other requirements voluntarily assumed, taking the necessary measures to do so.
  • Apply the principle of pollution prevention with the aim of minimizing and/or compensating for potential negative impacts on the environment.
  • To promote responsible control and consumption of resources, as well as the proper management of waste, minimizing as much as possible the generation of waste, favoring the circular economy throughout the value chain.
  • Ensure the integration of continuous improvement in the system and environmental performance by setting environmental objectives.