We have expanded the list of climate policies we assess company engagement with to incorporate land-use related policy, referring to legislative or regulatory measures to enhance and protect ecosystems and land where carbon is being stored. Assessments under this category are currently underweighted in terms of their contribution to the overall company metrics. This weighting will be progressively increased over the next 6 months.
We adjusted the terminology used to describe the queries running down the left-hand side of our scoring matrix and added additional explanatory text to the info-boxes. This has no impact on the scores and methodology. It has been done following user feedback to improve clarity.
InfluenceMap Data Point on Corporate - Influencer Relationship
Anna Vidal Tuneu sits on Insurance Europe's Financial Reporting Working Group
Anna Vidal Tuneu (Accounting policies & regulation director CaixaBank, Spain)
InfluenceMap Data Point on Corporate - Influencer Relationship
VidaCaixa is a member of UNESPA which is a national association member of Insurance Europe
InfluenceMap Data Point on Corporate - Influencer Relationship
Anna Vidal Tuneu sits on Insurance Europe's Financial Reporting Working Group
Anna Vidal Tuneu (Accounting policies & regulation director CaixaBank, Spain)
InfluenceMap Data Point on Corporate - Influencer Relationship
VidaCaixa is a member of UNESPA which is a national association member of Insurance Europe
InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of October 2022, MicroBank La Caixa is a member of the AEB which is a national association member of EBF
not specified
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InfluenceMap Data Point on Corporate - Influencer Relationship
(1 = weak, 10 = strong)
As of October 2022, MicroBank La Caixa is a member of the AEB which is a national association member of EBF
not specified
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In this section, we depict graphically the relationships the corporation has with trade associations, federations, advocacy groups and other third parties who may be acting on their behalf to influence climate change policy. Each of the columns above represents one relationship the corporation appears to have with such a third party. In these columns, the top, dark section represents the strength of the relationship the corporation has with the influencer. For example if a corporation's senior executive also held a key role in the trade association, we would deem this to be a strong relationship and it would be on the far left of the chart above, with the weaker ones to the right. Click on these grey shaded upper sections for details of these relationships. The middle section contains a link to the organization score details of the influencer concerned, so you can see the details of its climate change policy influence. Click on the middle sections for for details of the trade associations. The lower section contains the organization score of that influencer, the lower the more negatively it is influencing climate policy.
CaixaBank has stated support for reforming the financial sector to become more sustainable, and has Largely consistent with science-based response supported a role for finance in meeting the goals of the Paris Agreement and the need for action to achieve net-zero by 2050. It is also a member of the Net Zero Banking Alliance, which advocates for the banking sector to align their lending and investment portfolios with net-zero emissions by 2050.
CaixaBank has stated broad support for the EU's Sustainable Finance Action Plan, and appears to support the EU Taxonomy covering both ‘green’ and harmful activities in a 2020 website article. It has also highlighted the need for the financial sector to incorporate climate risks into comprehensive risk management.
CaixaBank has disclosed some information on its sustainable finance policy engagement in its website, including a list of policies it is tracking, and has published some articles on a limited number of policies. CaixaBank has not disclosed any engagement through trade associations beyond listing some memberships.