NON-FINANCIAL STATEMENT 2023
NON-FINANCIAL STATEMENT 2023
Sustainability has been at the core of our corporate culture since 1926
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Chairman’s statement
“Our results in 2023 showcase the soundness of our prudent and long-term business model, which is based on the joint growth of customers, employees, shareholders and society in general.
We seek not only economic growth, but also to generate a positive social impact, while remaining respectfully committed to the environment and ensuring sustainability over time.”
Juan March de la Lastra
Chairman
Benchmark
in sustainability
In 2023, Banca March developed solutions and initiatives to position itself as a benchmark for sustainable growth, ready to face the challenges of 2024:
- The first Spanish bank to develop a methodology to globally assess the degree of sustainability of mortgage collateral (ESG rating).
- Banca March has successfully offset 100% of its reported emissions.
- The new Special Financing Projects Unit was created, to focus on decarbonisation and energy efficiency projects.
- The Group is a signatory member of the Collective Commitment to Climate Action among Spanish Banks (COP 25).
Environmental
issues
Banca March considers environmental protection, sustainability and the pursuit of eco-efficiency to be material and highly relevant topics as part of its approach to business.
Sustainablefinance
The Bank goes beyond this by seeking to promote economic and sustainable development through two main pillars: financing and investing in industries that are highly adept when it comes to environmental management.
People
Banca March’s organisational culture is based on close and lasting relationships and transparent communication. The goal is to provide all employees with a stimulating experience while prioritising their well-being and fostering engagement with the organisation.
1,734
Employees
81/100
Employee ExperienceSurvey (2022)
150,134
Hours of training
Society
Banca March’s business model encompasses a commitment to customers, employees, shareholders, suppliers and society at large; a relationship based on ethical, social and environmental criteria, that strives to develop good practices towards all stakeholders.
23
94.8%
8.35/10
(sector average: 7.24)
Your opinion matters
This report has been designed to help foster a dialogue. Please share your views on the report itself and on other aspects of sustainability by emailing sostenibilidad@bancamarch.es