CaixaBank, S.A.

Unverified
XFID Unique Identifier for CaixaBank, S.A.: XO5O1W4RIG
Country
ES
Sector
Banks
Website
www.sustainablefitch.com
3 Frameworks
2 Second Party Opinions
1 Assurance Report
1 Impact Report

XF Company Profile

Extra-financial information found across 7 documents in the XframeworkID registry

NACE K Financial & Insurance Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
CaixaBank, S.A., Spain FRAMEWORK 2025 2025
Issuer sector/industry classification
Financial & Insurance Activities FRAMEWORK 2025
Issuer type
Bank FRAMEWORK 2025 2025

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Sustainable Funding Framework 2025 FRAMEWORK 2025 2025
Bond types covered under framework
Green bonds, Social bonds, Sustainability bonds FRAMEWORK 2025 2025
Framework publication date and update history
July 2025 FRAMEWORK 2025 2025
Eligible use-of-proceeds categories
Green buildings, renewable energy, energy efficiency, clean transportation, water and wastewater management, pollution prevention and control, climate adaptation, circular economy and waste management, ecosystem protection, clean energy research, social housing, education, employment, health services, financial inclusion, small and medium-sized enterprises (SMEs) support FRAMEWORK 2022 2022
Project evaluation and selection process description
Comprehensive and well-defined project evaluation process involving sustainability expert input and rigorous due diligence; commitment to remove projects from eligible portfolio if they become ineligible SPO 2025 2025
Management of proceeds approach
Sustainable debt funding register to manage proceeds; supports standard market practice with suggestion for dedicated bank account for clearer separation SPO 2025 2025
Reporting commitments under framework
Annual allocation and impact reporting on portfolio basis until all net proceeds are allocated; additional reporting provided if significant changes to allocation occur SPO 2025 2025
Exclusion criteria for ineligible projects or sectors
Framework lists exclusions to ensure proceeds do not fund projects causing environmental or social harm SPO 2025 2025
Temporary investment of unallocated proceeds
Three-year lookback period for opex funding; framework allows both new and existing projects but does not predefine ratio of financing-to-refinancing SPO 2025 2025

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Fitch, 2025 SPO 2025 2025
SPO assessment scope and methodology
Assessment of use of proceeds alignment with ICMA principles, project evaluation and selection process, management of proceeds approach, exclusion criteria, and reporting commitments SPO 2025 2025
SPO preliminary evaluation or credibility rating
Credible and impactful framework SPO 2022 2022

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with ICMA Green Bond Principles 2025 SPO 2025 2025
Alignment with UN Sustainable Development Goals
Framework aligned with UN Sustainable Development Goals (SDGs) FRAMEWORK 2025 2025
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Aligned with ICMA Social Bond Principles 2025 and Sustainability Bond Guidelines 2021 SPO 2025 2025

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Socially responsible, long-term universal business model based on quality, trust and specialization; offering value proposition of products and services for each segment; treating innovation as strategic challenge and distinguishing feature of corporate culture FRAMEWORK 2025 2025
Corporate purpose statement relating to sustainability
Support for sustainable economic growth as key player in retail banking in Spain and Portugal; roots in 1904 with aim of encouraging savings, retirement planning and disability insurance for working poor FRAMEWORK 2025 2025
ESG strategy focus areas
Integration of ESG criteria into corporate strategy, environmental and climate strategy, ESG risk management, sustainable funding through green and social debt instruments FRAMEWORK 2025 2025

Changes Over Time

Items where disclosed information changed across documents.

Issuer country/jurisdiction
2022 Spain →
2025 Spain and Portugal
Sustainable bond framework name
2022 CaixaBank Sustainable Development Goals (SDGs) Funding Framework →
2025 Sustainable Funding Framework
Bond types covered under framework
2022 Green, social, and sustainability bonds →
2025 Social bonds and Green bonds →
2025 Green bonds, social bonds, sustainability bonds
Second Party Opinion (SPO) provider name
2022 Sustainalytics →
2025 Fitch
SPO preliminary evaluation or credibility rating
2022 Credible and impactful →
2025 Positive assessment across framework components
Alignment with ICMA Green Bond Principles
2022 Aligns with Green Bond Principles 2021 →
2025 Yes
Alignment with UN Sustainable Development Goals
2022 SDGs 1, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12 and 15 →
2025 Contribution to the achievement of the SDGs →
2025 Yes
Project evaluation and selection process description
2022 Projects evaluated and selected by Sustainable Development Goals Funding Working Group composed of Treasury and Sustainability departments; final approval by Sustainability Committee →
2025 Comprehensive and well-defined process involving sustainability expert input and rigorous due diligence
Management of proceeds approach
2022 Treasury team responsible for management and allocation; internal register to track use of proceeds; allocation within 24 months from issuance →
2025 Sustainable debt funding register with commitment to remove ineligible projects from portfolio
Reporting commitments under framework
2022 Annual allocation reporting on website including total amount until full allocation →
2025 Annual allocation and impact reporting on portfolio basis at least until all net proceeds allocated; additional reporting for significant changes

Document Updates

What changed between successive versions of documents.

2022 → 2025

The 2025 version of CaixaBank's Sustainable Funding Framework reflects three substantive changes from the 2022 version: (1) The framework title shifted from "Sustainable Development Goals (SDGs) Funding Framework" to "Sustainable Funding Framework," signaling a broadened scope beyond SDGs alone; (2) The table of contents was expanded to include new subsections on sustainability governance, environmental/climate strategy, and SDG contribution, indicating deeper integration of climate and governance considerations; (3) A new appendix on eligible green projects and detailed eligibility criteria was added; (4) Language around use of proceeds was refined from "Eligible Assets" to "Eligible Projects," suggesting a more project-level governance approach. These changes represent a maturation of the framework with stronger climate focus and more detailed project-level criteria.

  • modified Framework Scope — Framework renamed from 'Sustainable Development Goals (SDGs) Funding Framework' to 'Sustainable Funding Framework,' indicating broader sustainability focus beyond SDGs alone
  • added Governance and Policies — New subsection 1.1.1 'Sustainability: Governance and Policies' added to Introduction, establishing formal governance framework requirements
  • added Climate Target — New subsection 1.1.2 'Environmental and climate strategy' added to explicitly address climate strategy within the framework
  • added Standards Alignment — New subsection 1.1.3 'Contribution to the achievement of the SDGs' clarifies SDG alignment as part of broader framework rather than sole focus
  • modified Use of Proceeds — Language shifted from 'Eligible Assets' to 'Eligible Projects' for both social and green debt instruments, indicating project-level evaluation rather than asset-level categorization
  • expanded Eligibility Criteria — New Appendix added titled 'Eligible Green Projects: Eligibility criteria' providing detailed project-level eligibility criteria not present in 2022 version
  • modified Use of Proceeds — Section 4 renamed from 'Project evaluation and selection' to 'Process for project evaluation and selection,' suggesting more formalized procedural documentation