The CaixaBank Group improves its recognition in responsible investment with the new PRI ratings promoted by the United Nations

• For the first time, all CaixaBank Group entities adhering to the PRI have achieved the highest rating of five stars in the "Policy, Governance, and Strategy" module, the most representative aspect of the assessment
• The Group’s commitment to socially responsible investment dates back to 2008 with the employee pension fund, Pensions Caixa 30 FP, and extends to its asset management subsidiaries: VidaCaixa (2009), CaixaBank Asset Management (2016), BPI Gestão de Ativos (2019) and BPI Vida e Pensões (2020)
• The Principles for Responsible Investment (PRI) aim to guide investors toward more sustainable investment practices

The CaixaBank Group, alongside its asset management subsidiaries—VidaCaixa, CaixaBank AM, and BPI Gestão de Ativos—has reinforced its commitment to responsible investment, as reflected in the annual review conducted by the Principles for Responsible Investment (PRI), promoted by the United Nations. The ratings achieved in the 2024 edition recognise the asset managers’ dedication to Responsible Investment (RI), which integrates social, environmental, and governance criteria into investment decisions and commits to evaluating the positive impacts of the companies that are under consideration for investment.

For the first time, all CaixaBank Group entities adhering to the PRI have achieved the highest rating of five stars in the "Policy, Governance, and Strategy" module, the most significant in the report. The ratings achieved are above the industry average in all categories considered within this module, including transparency and reporting, management responsibilities, engagement and proxy voting policies and strategies, climate change, human rights, and the outcomes of sustainability impacts.

For the remaining modules, which cover information on the integration of sustainability criteria in portfolio composition decisions and control measures such as audits of environmental, social, and governance data, the ratings obtained by the entire Group are equal to or, in most cases, exceed the industry average.

Signatories of the PRI are required to publicly report their responsible investment activities annually in an incrementally demanding report, which the institutional investor alliance reviews to assign ratings. In 2024, a total of 3,051 signatories reported, managing nearly $89 trillion in assets, underscoring the international significance of this initiative. 

VidaCaixa, CaixaBank AM and BPI Gestão de Ativos, recognised for best practices

VidaCaixa was the first Spanish entity to achieve the highest score in the most representative module, "Governance, Policy, and Strategy", in 2018—a milestone it has consistently renewed every year since.

The alliance highlights the entity’s governance model and the clear definition of roles and responsibilities, its commitment to transparency, the active ownership practices (engagement and voting) carried out during the year, and its climate strategy. VidaCaixa also reaffirms the highest score in the module on measures to foster trust, which certify the accuracy and reliability of all the information reported.

The insurance and pension fund manager of the CaixaBank Group has consistently demonstrated a commitment to integrating the market’s best sustainability practices. For this reason, it is part of international alliances such as the Net Zero Asset Owner Alliance and the Principles for Sustainable Insurance (PSI), promoted by UNEP FI.

CaixaBank Asset Management (AM) joined the PRI in 2016, demonstrating its dedication to best practices and contributing to the development of a more sustainable global financial system. 

The recently published results show a significant improvement for CaixaBank AM in the Indirect Investment modules, achieving 5-stars in active management for both Equities and Fixed Income. Additionally, in the "Direct and Active Equity Investment" module, the 5-star rating has been reaffirmed, highlighting the strong integration of ESG factors in investment processes. Furthermore, following an analysis of variables that verify reported information, CaixaBank AM has maintained five stars in the trust-building measures module. 

Regarding CaixaBank’s Employee Pension Fund, Pensions Caixa 30, it joined the PRI in 2008 and, since then, has consolidated key milestones in sustainability, including signing the Task Force on Climate-related Financial Disclosures in 2021, being classified as Article 8 (SFDR classification) in 2022, and joining the Net Zero Asset Owner Alliance (NZAOA) in 2023.  In 2024, Pensions Caixa 30 received the highest 5-star rating in all categories of the PRI Assessment Report based on 2023 data: Governance and Strategy, Asset Classes and Trust-Building Measures. This score reflects an improvement compared to the previous year and acknowledges the continuous improvement efforts driven by the Control Committee, the managing entity (VidaCaixa), and the Strategic Advisor (WtW).

CaixaBank Group, investing in a more sustainable economy

The CaixaBank Group is an entity with a strong historical connection to the social impact of its activities, which is why it assumes the responsibility of driving a positive economy aimed at the well-being of people.

The Group has just launched its new three-year Sustainability Plan, which is part of the new 2025-2027 Strategic Plan, through which it will mobilise €100 billion in sustainable finance during this period. From the previous Sustainable Banking Plan, in addition to achieving all its objectives, the entity successfully mobilised €74.651 billion in sustainable financing from January 2022 to September 2024, surpassing the initial target of €64 billion.