Caja Rural de Navarra

Unverified
XFID Unique Identifier for Caja Rural de Navarra: XOON729XN0
Country
ES
Sector
Commercial Bank
Website
www.globalcapital.com
3 Second Party Opinions
2 Frameworks
2 Impact Reports
XFID Type Title Year Source Retrieved
XF-HWTNX3O-B Framework Caja Rural de Navarra Sustainable Finance Framework (Dec 2024) 2024 ↑2020 www.cajaruraldenavarra.com 31 Mar 2026
XF-NJ1GS7F-S Impact Report CAJA RURAL DE NAVARRA - IMPACT 2024 www.cajaruraldenavarra.com 31 Mar 2026
XF-G81VBDA-6 Impact Report CAJA RURAL DE NAVARRA - IMPACT 2021 www.cajaruraldenavarra.com 31 Mar 2026
XF-KC3CDPG-G Second Party Opinion Caja Rural de Navarra Sustainability Bond Framework Second-Party Opinion (2021) 2021 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-N7DD75Q-5 Second Party Opinion Caja Rural de Navarra Sustainability Bond Framework - Second-Party Opinion 2017 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-2J7TUO2-F Second Party Opinion Caja Rural de Navarra Sustainable Finance Framework (2024) 2024 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026
XF-KRTGPO8-8 Framework 202003 sustainability bond framework caja rural de navarra 2020 →2024 www.cajaruraldenavarra.com 21 Feb 2026

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
Caja Rural de Navarra, Spain (Pamplona, Navarre region) Framework 2024
Issuer sector/industry classification
Financial & Insurance Activities Framework 2024
Issuer type
Cooperative credit bank, regional retail bank Framework 2024

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Sustainable Finance Framework 2024 Framework 2024
Bond types covered under framework
Green bonds, Social bonds, Sustainability bonds, Sustainability-linked bonds (covered bonds, senior unsecured bonds, subordinated bonds, senior or subordinated loans) Impact Report 2024
Framework publication date and update history
December 2024 (2024 Framework); March 2020 (2020 Framework); December 2017 (2017 Framework) Framework 2024
Eligible use-of-proceeds categories
Sustainable Agriculture, Renewable Energy, Energy Efficiency, Sustainable Forest Management, Waste Management, Affordable Housing, Social Inclusion, Education, Economic Inclusion Second-Party Opinion 2024
Project evaluation and selection process description
Caja Rural de Navarra's Sustainability Committee is responsible for evaluating and selecting projects in line with the Framework's eligibility criteria. The Committee identifies and mitigates environmental and social risks associated with eligible projects. Second-Party Opinion 2024
Sustainable finance taxonomy used
Green Bond Principles 2021, Social Bond Principles 2023, Sustainability Bond Guidelines 2021, Green Loan Principles 2023, Social Loan Principles 2023 Second-Party Opinion 2024

External Review & Verification

Second Party Opinion provider name and assessment date
Sustainalytics, December 19, 2024 Second-Party Opinion 2024
SPO preliminary evaluation or credibility rating
Credible and impactful Second-Party Opinion 2024

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2021 Second-Party Opinion 2024
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Aligned with Sustainability Bond Guidelines 2021, Social Bond Principles 2023, Social Loan Principles 2023 Second-Party Opinion 2024
Alignment with UN Sustainable Development Goals
SDGs 4, 7, 8, 9, 10, 11, 12, 15 Second-Party Opinion 2024

Corporate Strategy & Mission

Corporate mission and sustainability strategy
As a cooperative, regional and retail focused bank, CRN is committed to generating positive social and environmental impact while supporting sustainable development in its regions of operation Impact Report 2024
ESG strategy focus areas
Environmental, Social and Governance standards focus on sustainable development Impact Report 2021
Corporate purpose statement relating to sustainability
Close ties with agri-food sector supporting responsible development with transparency, responsibility and sustainability Impact Report 2021
Framework alignment with cooperative banking model
Framework aligns with CRN's strategy as a European cooperative regional bank and priorities of its Social Welfare Fund Impact Report 2024
Customer segments served
Individuals, retailers, SMEs, large corporates, and institutions Framework 2024
Geographic regions of operation
Navarre, Basque Country, and La Rioja in northern Spain Framework 2024
Bank establishment and evolution history
Established in 1910 as central institution for local cooperative banks; evolved to regional cooperative bank in 1946 serving rural and urban areas Framework 2024
Product and service offerings
Mortgage loans, consumer loans, business financing, savings products, investment services, guarantees, debit and credit cards, insurance brokerage Framework 2024

ESG Framework & Governance

Internal ESG governance structure
Sustainability Committee responsible for evaluating and selecting projects; Board of Directors and General Assembly for democratic governance Second-Party Opinion 2024
Democratically-structured governance model
Cooperative structure where borrowers are shareholders and participate in governance through General Assembly and Board of Directors Framework 2024

Issuance Details

Years of green bond issuance history
2017-2024 Second-Party Opinion

Changes Over Time

Items where disclosed information changed across documents.

Sustainable bond framework name
2017 Caja Rural de Navarra Sustainability Bond Framework
2021 Sustainability framework for loan portfolio
2021 Caja Rural de Navarra Sustainability Bond Framework
SPO assessment date
2017 2017-12-11
2024 December 19, 2024
Sustainable bond framework name and version
2020 Sustainability Bond Framework 2020
2024 Sustainable Finance Framework 2024
2024 Selva de Irati Sustainability Finance Framework
Bond types covered under framework
2020 Sustainability bonds
2021 Green, Social, Sustainability bonds
2024 Bonds and loans for sustainable use of proceeds
2024 Green, Social and/or Sustainability Bonds in forms of covered bonds, senior unsecured bonds, subordinated bonds, and senior or subordinated loans
2024 Green bonds, social bonds, sustainability bonds, green loans, social loans
Alignment with UN Sustainable Development Goals
2021 Yes
2021 SDG 4, 7, 8, 10, 11, 12, 15
2024 SDGs 4, 7, 8, 9, 10, 11, 12 and 15
Project evaluation and selection process description
2021 Managed by the Sustainability Committee consisting of representatives from Risk Management, Capital Markets, Human Resources, Regulatory Compliance, Social Action and Marketing departments. Environmental and social risk management process applicable to all allocation decisions.
2024 Caja Rural de Navarra's Sustainability Committee will be responsible for evaluating and selecting projects in line with the Framework's eligibility criteria
Annual allocation reporting period
2021 Annual
2024 2024
SPO preliminary evaluation or credibility rating
2021 Credible and impactful
2024 Framework is credible and impactful
2024 Credible and impactful

Document Updates

What changed between successive versions of documents.

2020 2024

The framework underwent a significant structural and scope expansion from 2020 to 2024. The 2024 version broadens the framework from solely "Sustainability Bonds" to a comprehensive "Sustainable Finance Framework" that covers both bonds and loans, enabling financing and refinancing activities. A new section on the rationale for sustainable finance and background of the update was added, and external reviews are now explicitly documented. Additionally, the 2024 version introduces a detailed ESG Framework for the Treasury Portfolio and a comprehensive list of KPIs as formal appendices, reflecting increased governance and reporting sophistication.

  • expanded Use of Proceeds — Framework expanded to cover both bonds and loans (not just bonds), and explicitly includes refinancing in addition to financing activities.
  • added Governance Framework — New section added on 'Rationale for Sustainable Finance and Background of the Update' to explain the framework evolution.
  • added Reporting — Explicit new section on 'External Reviews' documenting third-party verification and oversight mechanisms.
  • expanded Standards Alignment — Introduction of ESG Framework for Treasury Portfolio as a formal appendix, indicating alignment with broader ESG standards beyond project-level use of proceeds.
  • added Reporting — Formalized list of KPIs (Key Performance Indicators) as Appendix I to support structured sustainability tracking and measurement.
  • expanded ESG Governance — Enhanced description of CRN's Social Welfare Fund commitment, specifying that 10% of annual profits are donated to promote cooperative model and social/environmental initiatives.