The new Sustainability Plan was defined through double materiality analysis to identify the main ESG (Environmental, Social and Governance) challenges of the coming years at the regulatory and market levels. This analysis sought to identify the most significant aspects for ESG management, considering the impact the bank can have on the environment in terms of sustainability and the financial repercussions of sustainability on the entity.
After analysing these results, Bankinter has designed a plan that is structured around the three pillars of our DNA, considering the expectations of all our stakeholders. This has been developed into twelve strategic lines:
The "D" is for differentiation. Bankinter is positioned as an entity with its own distinctive values through its range of innovative solutions using the best available technologies (such as artificial intelligence), its renowned quality of service and advanced people management. The strategic lines related to this area are customer relations, people management, sustainable innovation and relations with the local community.
The strategic pillar A, corresponds to 'Responsible Action'
Material issues:
The "N" represents sustainable business ("negocio sostenible" in Spanish). This includes aspects related to Bankinter's businesses from a perspective of sustainability and also addresses ESG risks. The strategic lines related to this pillar are sustainable finance, climate change, natural capital and cybersecurity.
The strategic pillar 'D, which corresponds to 'Differentiation'
Material issues:
The “A” is for responsible action. This focuses on the bank's ethical management and its commitment to responsible and transparent business practices. The strategic lines in this area are corporate governance, ethics and transparency, human rights and the supply chain.
The strategic pillar 'N, corresponding to 'Negocio Sostenible' (Sustainable Business)
Material issues:
ESG Riska1
1. ESG, environmental, social and governance
2. CSRD: Corporate Sustainability Reporting Directive
3. ESRS: European Sustainability Reporting Standards
4 SDGs: Sustainable Development Goals
We use first and third-party cookies for analytical and statistical purposes and to show you personalised advertisements based on a profile compiled from your browsing habits (e.g. pages visited). For more information, click on our Cookie Policy. You can accept all cookies by pressing 'Accept' or personalise your choice by clicking on MANAGE OR REJECT COOKIES.