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Bankia ranked once again on Dow Jones Sustainability Index (DJSI) as one of most sustainable firms in the world

07 September 2017

Category: Corporate

  • Index features 28 banks from around the globe, only five of which are European including three Spanish institutions
  • Dow Jones Sustainability Index recognises Bankia’s tax risk strategy and its Tax Risk Control System, along with the bank’s efforts to offer at-risk groups access to financial products and services
  • “The DJSI ranking is fruit of the endeavours of everyone working for the bank and an important acknowledgement, although we know we need to continue our efforts and strive to keep up with the best”, says David Menéndez, Bankia’s Corporate Social Responsibility and Reputation Director.

For the second year running, Bankia has been ranked on the Dow Jones Sustainability Index (DJSI), recognising the financial institution as one of the most sustainable firms in the world.

Only 28 banks from around the world (11 European, including three from Spain) feature on this index, which evaluates the performance of companies from an economic, environmental and social perspective.

The DJSI ranking is fruit of the endeavours of everyone working for the bank and an important acknowledgement, but we need to continue our efforts

David Menéndez
Bankia’s Corporate Social Responsibility and Reputation Director

Bankia's inclusion on the DJSI in 2016 was an important achievement for the firm, which has risen up the rankings after making improvements in certain areas. Analysts consider the index to be the most prestigious in the world.

"The DJSI ranking is fruit of the endeavours of everyone working for the bank and an important acknowledgement, although we know we need to continue our efforts and strive to keep up with the best", maintains Bankia's Corporate Social Responsibility and Reputation Director, David Menéndez.

Specifically, the Dow Jones Sustainability Index valued Bankia's tax risk strategy and the Tax Risk Control System it has developed, as well as its efforts to offer at-risk groups access to financial products and services

Bankia also scored higher in areas related with its impact on society through several social action projects concerning employment, education, local development, disability, housing and emerging poverty, and social sponsorship.

Bankia also received praise for its Ecoefficiency and Climate Change Plan to 2020, which aims to raise awareness of environmental issues.

This year, 3,484 firms from 28 countries were invited to participate in the process.

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