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In 2018 and 2019, Bankia saved more than 4,500 megawatts thanks to the implementation of energy efficiency measures


As part of its commitment to sustainable resource management, Bankia is committed to energy efficiency projects and initiatives. This commitment is reflected in the objective set by the bank to reduce electricity consumption by 19% in 2019. By 31 December, the bank had reduced its electricity consumption by 22.5%.

During the year, the bank made investments of more than 7.6 million euros to improve the efficiency of the facilities. Continuing with the plan for renovation of air conditioning equipment in branches, the bank replaced more than 119 air conditioning units, which represents a significant energy saving, and has contributed to preventing the emission of 508.7 tons of CO2 associated with refrigerant gas leaks.

In 2019, Bankia consumed 13,181 GJ of primary energy and 357,357 GJ of electrical energy. 100% of the electricity contracted by Bankia comes from renewable energy sources (green energy with guarantees of origin).

Total energy consumption (GJ)*

Bankia energy eco-efficiency

Bankia energy eco-efficiency

* 100% of the electrical energy contracted by Bankia comes from renewable energy sources (green energy with guarantees of origin). Branches from BMN joined the contract signed by Bankia for the supply of green energy in April 2018.


Bankia places particular emphasis on reducing the consumption of paper and toner. Therefore, it has launched a real-time monitoring project for the consumption of toner and paper in practically all of the bank's printers. Measures are also being implemented, such as optimising the number of operational teams based on actual needs or setting up two-sided printing on all the devices where this is feasible.

Regarding paper consumption, Bankia has eliminated paper correspondence for all its digital customers. Digital signatures have been promoted in offices, so that most contracts are signed electronically.

As an additional measure, the entity has introduced the generalisation of two-sided printing or customised printing in central services.

Consumption of recycled paper DIN A-4 (tn)*

Bankia eco-efficiency materials

Bankia eco-efficiency materials mobile

* Recycled paper has the following guarantees: European Ecolabel, Blue Angel and CradletoCradle (Silver).


Rational and sustainable use of water in buildings and offices is an objective within the ongoing improvement of Bankia's environmental performance.

In the Triana, 20, (Las Palmas); Las Rozas (Madrid) and Miguel Villanueva, 9 (La Rioja) buildings, there have been two separate projects to replace single-lever taps with push-taps, and total discharge tanks with double-discharge tanks leading to substantial water saving.

Total water consumption (cubic metres)*

Bankia eco-efficiency water

Bankia eco-efficiency water mobile

* Total water supplied by mains networks. Actual consumption for the Las Rozas, P. Castellana, 189 buildings in Madrid, the Pintor Sorolla building in Valencia, Triana 20 in Las Palmas, Miguel Villanueva 9 in Logroño, the El Cubo building in Granada and the General Salzillo building in Murcia. Other facilities: Consumption estimated based on bills.


In a European context of promoting circular economy for the reuse of waste, Bankia is continuing its campaigns to donate furniture and electrical and electronic equipment to non-profit organisations engaged in social activities and educational centres.

Recycling of writing materials (ballpoint pens, mechanical pencils and highlighters) is one of the projects that Bankia is undertaking to reuse waste. These office materials produce plastics and metals that are reused by introducing them back into the economy as another raw material. They can be used to manufacture items, such as street furniture.

Bankia also promotes the selective collection of plastic caps for two purposes: environmental, by recycling them and social, by doing so in favour of the PhelanMcDermid Syndrome Association to support children suffering from this disease, classified as “rare”. In 2019, a volume of 790 kg was collected, which represents around 790,000 caps.

In 2019, Bankia also launched an initiative for the segregation and composting of pruning waste in the Las Rozas building, thereby eliminating its generation by transforming it into a type of compost that is used to fertilise the gardens of these facilities.

Non-hazardous waste sent for reuse and/or recycling (Tn) * 2019 2018 2017 2016
Paper waste 454.56 596.80 613.93 688.99
Electronic waste 384.45 370.73 419.01 498.32
Toner waste 36.19 51.21 35.37 38.39
Battery waste 0.00 0.00 0.10 0.21
Packaging waste 29.95 33.17 26.91 19.75
Glass waste 0.88 0.89 0.86 0.46
Vegetable oil waste 0.03 0.05 0.06 0.05


Non-hazardous waste sent to landfill (Tn)*  2019 2018 2017 2016
Portable electronic device waste 0.00 0.09 0.67 0.06


Hazardous waste generated (Tn) * 2019 2018 2017 2016
Hazardous waste handled by an authorised waste management company and recycled 0.703 0.10 0.53 0.65
Hazardous waste handled by an authorised waste management company and sent to a secure landfill 0.004 0.02 0.04 0.03


* Data for Bankia, S.A.


Challenges for 2020

The environmental challenges for 2020 include: the targets of the Eco-Efficiency and Climate Change Plan, including environmental certification of two new sites; extension of environmental training to employees who joined Bankia as a result of the latest merger and integration; and direct carbon footprint (scope 1 and 2) neutrality through reduction and offset (for unavoidable emissions). We shall continue to work on implementing our internal carbon pricing strategy and gaining a better understanding of our scope 3 emissions.

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