Economic dimension

Bankinter's sustainable management was recognised in 2014 both by socially responsible investment indices such as the FTSE4Good, and by the environmental management rankings such as the Carbon Disclosure Project.

A way of being and acting. Bankinter sees  sustainability as a management model that reconciles business aims with sustainable social and environmental development based on quality and trust. The Bank is a member of the Spanish Network of the United Nations Global Compact, and as such assumes the commitment to incorporate its ten principles of conduct and action in the field of human, labour and environmental rights and the fight against corruption. To this end, the Bank makes available to its employees an online course on Human Rights.

The Bank's sustainable management was recognised in 2014 both by socially responsible investment indices such as FTSE4Good and by environmental management rankings such as the Carbon Disclosure Project, to which the world's biggest companies by market capitalisation belong.

For the second year Bankinter, together with E.ON and Expansión, held the Innovation, Sustainability and Network Awards, recognising innovation and responsible management in companies' integration processes in a more sustainable society.

Support for entrepreneurship

Bankinter has entered into an agreement with Spanish Seniors for Technical Cooperation (SECOT in the Spanish acronym) for the promotion of entrepreneurship in Spain.

The Bank took part in the Ninth Edition of the Concilia Awards to Young Entrepreneurs of the MásHumano Network.

A priority stakeholder group. In defining its strategy for sustainability, Bankinter identified entrepreneurs as a very important stakeholder group, since it believes that their activity is a revitalising force for the economy and a source of job creation and sustainable wealth creation in the long term for Spain.

In addition to the Entrepreneurs project addressed in the section on the Bankinter Foundation for Innovation, the Bank carried out a series of initiatives in support of entrepreneurship over the course of 2014:

• It signed an agreement with Spanish Seniors for Technical Cooperation (SECOT in the Spanish acronym), a platform of retired and active managers who provide training in business management to entrepreneurs and microenterprises with innovative initiatives. The purpose of the agreement is to promote the SECOT School, a programme in support of entrepreneurship whereby training and advice is given to entrepreneurs with projects in the startup phase. Bankinter provides support and sends entrepreneurs from the Bankinter Foundation for Innovation who need training in managing their projects. As well as collaborating with the SECOT School, Bankinter will encourage its employees to volunteer to help with SECOT's business advisory work.
• Bankinter participated in the Ninth Edition of the MásHumano Concilia Awards to Young Entrepreneurs. These awards acknowledge and showcase young entrepreneurs' proposals for social entrepreneurship projects. Bankinter collaborated with the MásHumano Network, taking part in the selection of the finalist projects, financing and mentoring participants and training them in responsible business management. Bankinter hosted the start-up event in its auditorium, where all the finalist projects were on show and the awards were presented, turning the auditorium into an innovation hub.
• Bankinter's Innovation area carries out mentoring project for those entrepreneurs who request it.

Bankinter's participation in sustainable projects

In its venture capital activities, the Bankinter Group invests in venture capital companies or directly in the capital of companies that invest in sustainable products.

The Bankinter Group has holdings in Ysios Biofund, a venture capital fund that invests in biotechnology and life sciences companies: in Going Green, and in two other private equity institutions that focus specifically on environmental investments: Eolia Renovables and Climate Change Capital Private Equity Fund. The most salient data relating to these investments are:

Ysios Biofund I, FCR

Holding of Bankinter Capital Riesgo FCR: 4.3%.

This fund specialises in making investments in unlisted companies in the health and biotechnology sciences sector whose object is to develop innovations in the field of human health aimed at providing solutions for medical needs not currently covered.

During 2014 this fund made an investment in the United States, in an ophthalmological company that develops products to treat post-cataract surgery inflammation and pain, dry eye and macular degeneration and other eye conditions.

Eolia Renovables de Inversiones

Holding of Hispamarket: 3.7%.

The assets of Eolia Renovables comprise power stations using renewable sources - basically wind, but also photovoltaic solar - essentially in Spain. Following the divestments carried out, installed capacity attributable to Eolia Renovables amounts to 586 MW.

Climate Change Capital Private Equity Fund

Holding of Bankinter Capital Riesgo FCR: 2.5%.

This is a fund that specialises in investing in unlisted companies in the clean technology sector, which comprises companies that make use of technologies and services in a way that not only reduces costs but also reduces both dependence on traditional sources of energy and the environmental load. The fund is nearing the end of its investment period, and during 2014 it only carried out capital increases in the companies in its portfolio to continue supporting their growth.

Going Green

Holding of Bankinter Capital Riesgo FCR: 10%.

Going Green started in 2008 as an initiative launched by a group of executives with extensive experience in a variety of sectors, especially in the energy sector. Going Green currently carries out electric car pooling initiatives in cities such as Pamplona, manages large fleets for municipalities and companies, produces its own electric moped (the Core) in its Barcelona factory and has developed and operates the 'Motit' service, electric motorcycle sharing for cities and tourist areas.