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CaixaBank Commits €100 Billion to Sustainable Finance by 2027

CaixaBank Commits €100 Billion to Sustainable Finance by 2027

CaixaBank Commits €100 Billion for Sustainable Finance by 2027
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  • Ambitious Investment: CaixaBank’s 2025-2027 Sustainability Plan includes a 56% increase in sustainable financing, targeting €100 billion to drive environmental, social, and economic transformation.
  • Decarbonization Goals: The bank aims to cut financed emissions in key sectors by up to 100%, advancing toward carbon neutrality by 2050.
  • Social Impact: Plans to improve financial inclusion and employability, benefiting 150,000 people through targeted initiatives for vulnerable groups and seniors.

Driving Sustainability and Growth

CaixaBank has unveiled its 2025-2027 Sustainability Plan, a cornerstone of its Strategic Plan, committing to mobilize €100 billion in sustainable finance—a 56% increase from its previous plan. This ambitious initiative aligns with its goal to transition to a low-carbon economy and foster social and economic development.

“This plan strengthens our commitment to sustainability, integrating it into all aspects of our strategy to generate positive impact for people, businesses, and society,” the bank emphasized.

Accelerating the Green Transition

To support environmental goals, CaixaBank will:

  • Invest in renewable energy, clean mobility, and industrial decarbonization projects.
  • Facilitate sustainable bond issuance and management of SDG-aligned investment products.
  • Maintain its commitment to carbon neutrality by 2050, adhering to Net Zero Banking Alliance (NZBA) guidelines.

By 2030, the bank targets significant reductions in emissions from high-impact sectors, including electricity (-30%), automotive (-33%), and thermal coal (-100%).

Empowering Communities

The plan also prioritizes financial and social inclusion:

  • Support for Vulnerable Groups: Offering tailored financial products, such as social accounts and inclusive insurance.
  • Youth and Entrepreneurship: Promoting employability through training, microloans, and support for SMEs via the CaixaBank Dualiza Foundation.
  • Senior Well-Being: Developing long-term savings solutions and providing vital financial services for older customers.

The goal is to benefit 150,000 people by 2027 through financial inclusion and employment initiatives.

Strengthening Governance

CaixaBank will reinforce governance practices, integrating sustainability into variable remuneration, workforce training, and customer engagement. The bank also aims to expand physical and digital accessibility, ensuring its services reach rural and underserved communities.

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Progress from the Previous Plan

Under its 2022-2024 Sustainable Banking Plan, CaixaBank surpassed its €64 billion target, mobilizing €74.65 billion in sustainable financing. Key achievements include the integration of sustainability into governance frameworks and earning high ESG ratings from industry benchmarks like S&P Global-DJSI and MSCI.

With this new plan, CaixaBank is setting a robust foundation to lead sustainable finance in Europe, aligning with its long-term mission to drive positive environmental, social, and economic change.

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