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Bankia's sustainability manager, María José Gálvez (second from the left) during her speech.

Social commitment

Bankia maintains its commitment to the Principles for Responsible Banking

Bankia's sustainability manager, María José Gálvez, highlighted Bankia's 2019-2020 Responsible Management Plan as a guide to comply with UN Principles for Responsible Banking.

Bankia Comunicación

By  Bankia Comunicación

Publish on 
30 May 2019 - 13:00

Bankia's sustainability manager, María José Gálvez, highlighted Bankia's commitment to the Principles for Responsible Banking at the meeting organized by CECA and AEB under the title 'Principles for Responsible Banking and their impact on society'.

Bankia has joined the UN Environment Programme Financial Initiative (UNEP FI), which makes a global call for collaboration between financial institutions and the United Nations to identify and promote links between the financing industry and sustainable development.

During the day, Gálvez said that Bankia "has been working on these principles with customers and investors for many years. We have customers who make demands about other issues because they are more aware of the impact of their actions and ask for explanations on how we respond to social and environmental criteria".

For the bank, governance and social responsibility issues are priorities, and a sign of this is the creation in 2014 of a Responsible Management Committee made up of the most relevant areas of the bank and, in 2015, of the Appointments and Management Committee Manager consisting of independent directors and advisers who "raise these issues to the highest level", said the person in charge.

During her speech, the Director of Sustainability mentioned the Responsible Management Plan drawn up by the entity in 2012, which already included actions, products and services that follow sustainable criteria.

"The 2019-2020 Responsible Management Plan contains specific indicators that allow us to measure the progress of all the actions and initiatives taken into account and, in addition to the contribution of the entity to the 2030 agenda and therefore to the Objectives of Sustainable Development ", clarified the director of Sustainability.

"This is a way forward and the Principles for Responsible Banking will help the entire industry to focus on the indicators and actions developed so that the positive impact of the contribution of global banking can also be measured," said Gálvez. "The strength of these Principles is that we all appoint ourselves as collaborators in a common project."

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