Jump Main Menu. Go directly to the main content

Sección de idiomas

Englishen

Fin de la sección de idiomas

You are in:

  1. Home
  2. Responsible Management
  3. Environment
  4. Environmental risk management

Environmental risk management

Start of main content

Bankia takes the view that its banking activity has a very limited impact on the environment. However, it has a highly significant effect stemming from its customers’ productive activities and asset investment decisions.

EQUATOR PRINCIPLES

Bankia assumes the Equator Principles as a tool for the management, evaluation and monitoring of risks in the responsible financing of projects.

The Equator Principles are the international frame of reference for financial institutions in the development of procedures and practices that contribute to a better management of environmental and social risks.

These Principles apply to the financing of new projects, and to the extension of significant existing operations, through the following financial products: Project Finance Advisory Services, Project Finance, Project-Related Corporate Loans and Bridge Loans.

At Bankia, in 2017 the Special Projects Admission Directorate has been created for the centralization of the admission analysis and monitoring of operations segmented as special financing, aimed to unify both credit and social and environmental criteria.

TASK FORCE ON CLIMATE-RELATED FINANCIAL DISCLOSURES (TCFD)

Bankia supports the financing and climate change recommendations of the Task Force on Climate-related Financial Disclosure (TCFD) promoted by the UN's Financial Stability Board (FSB).

Bankia will follow the recommendations of the UN's FSB in the analysis of its risks and opportunities related to climate change in order to promote the transition towards a low-carbon economy.

The indications of the Task Force on Climate-related Financial Disclosure focus on four areas: Governance, Strategy, Risk Management and Metrics and Targets.

Tackling these recommendations will help Bankia to measure and manage risks related to climate change.

End of main content