Environmental Policy
ICO is committed to managing and monitoring the direct environmental impacts of its activities and to assessing and monitoring the indirect impacts arising from its financing of third-party activities and projects.
On 6 October 2026, the Operations Committee approved a revised Environmental Policy, aligned with ISO 14001:2015, and incorporated it into ICO’s Integrated Management System.
The Policy's key commitments include:
- Identifying the environmental aspects of its activities and assessing their environmental impacts.
- Complying with applicable environmental regulations and the voluntary commitments undertaken by ICO (UN Global Compact, Equator Principles and Paris Agreement).
- Calculating and having its carbon footprint verified annually, registering it in the registry established under Royal Decree 214/2025, and publishing carbon footprint reduction plans.
- Improving waste separation and management and promoting circular economy practices.
- Promoting sustainable and responsible consumption of natural resources, and applying energy efficiency plans.
- Incorporating environmental requirements into procurement procedures, within the limits permitted by the Public Sector Contracts Act.
- Integrating environmental variables into the design and development of financial products.
- Providing environmental training and raising awareness among ICO staff, while pursuing continuous improvement in environmental performance.
ICO has an environmental management system certified by EQA to ISO 14001:2015, under certificate No. 11091-MA. The scope of certification, covering the offices at Paseo del Prado, 4 and Calle de los Madrazo, 36 (28014 Madrid), encompasses the management and support activities performed by ICO in its threefold capacity as:
- National Development Bank.
- Financial instrument of Economic Policy.
- State Financial Agency.
EQA ISO 14001 CERTIFICATE see certificate