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Bankia recognised as one of the world’s leading companies in the fight against climate change

03 November 2017

Category: Corporate



Bankia has been awarded the highest rating in CDP's international Climate Change report for 2017, making it one of the group of 112 A-listed global companies leading the fight against climate change.

CDP Climate Change is an annual questionnaire developed by CDP analysts with the aim of showcasing the companies that pay most attention to climate change-related issues and their implications.

The analysts assess each company's strategy and performance in relation to the environment and the fight against climate change. The questionnaire responses submitted to CDP are also analyzed and assessed by the analysts of the Dow Jones Sustainability Index (DJSI), the world's most important sustainability index, of which Bankia is a component.

The main achievements that have won Bankia this recognition as a leading company in environmental performance are its energy efficiency management and the approval of the new Eco-efficiency and Climate Change Plan 2017-2020, as well as the acquisition of 100% of its energy from renewable sources.

Other points taken into consideration include the extension of the range of sustainable products offered by the bank, including the Préstamo Sostenible loan and the Bankia Futuro Sostenible investment fund, as well as various products for the agricultural sector, along with the marketing of insurance products that take climate concerns into account.

CDP Climate Change recognises Bankia's efforts in environmental and climate-related training and awareness building for employees and suppliers as a positive contribution. The bank also scores points for the measurement of its carbon footprint and the offsetting of 100% of the emissions generated by the activity carried on in the Torre Bankia building in Madrid.

CDP is an independent non-profit organization that provides a comprehensive global system for companies to report on their environmental impacts and the measures they have taken to manage and reduce them.

It gathers information on environment and climate change, water and forests from more than 5,600 companies and currently groups together 827 institutional investors, managing around 100 billion dollars in assets, who acknowledge the environment and climate change as factors to be taken into account in their investment decisions.

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