2007 - Corporate Social Responsibility

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The next steps and action plans

Caja Madrid has incorporated these material topics into its "next steps in CSR", which will guide its actions in this sphere over the next years subject to regular monitoring and review.

These steps are itemised below by stakeholder group:

Material topics with our stakeholders
Material topics The next steps Stakeholder Lessons learned
Transparency and ethical conduct
  • Development of new studies through the Social Demand Observatory.
  • New improvement actions as a result of feedback gathering from main Obra Social projects.
  • Improve the social return of leading projects by applying the Social Return Model.
  • Creation of a day centre network for elderly dependents.
  • New resource centres for the areas of disability and social exclusion.
  • Additional resourcing of projects to encourage active and healthy ageing.
  • Greater involvement of Caja Madrid branches in the management of social, environmental and cultural subsidies.
  • Adaptation of La Casa Encendida spaces, facilities and management system in line with the findings of the accessibility audit.
  • Promote job creation initiatives for disabled people and those at risk of social exclusion.
  • Energy efficiency studies to be carried out in Obra Social education centres.
  • Adaptation of La Casa Encendida installations in line with environmental management objectives.
  • New in-house and partnerships projects to promote biodiversity conservation, sustainable development and greater social awareness around environmental issues

Society

By listening to society we can find out whether the activities and assistance we offer are right for the needs and demands of the day.

Customer service and satisfaction
  • Launch of a dedicated web page for the senior segment.
  • New products for euro residents; new cards incorporating social benefits.

Customers

Active contact with customers allows us to keep coming up with products and services that meet their needs and expectations.

Products and services of social and environmental value
  • Sponsorship of social integration events targeting immigrant communities.
  • More countries added to the remittance service list.
Management of social, environmental, ethical and reputational risk

Materiality project

Advanced environmental management
  • Development and application of the Environmental Management System at the new Caja Madrid head offices.
  • Continue rolling out environmental management projects within the Group.
  • E-learning course on environmental management for Group professionals.
  • Energy efficiency studies to be carried out in Obra Social education centres.
  • Adaptation of La Casa Encendida installations in line with environmental management objectives.
  • New in-house and partnership projects to promote biodiversity conservation, sustainable development and greater social awareness around environmental issues.

Environment

As a financial institution, we are convinced that we can contribute to sustainable development through our operations, generating both direct and indirect benefits.

Formal execution of social responsibility policies
  • Embed environmental and social responsibility criteria in supplier selection processes with a steadily increasing weight.
  • Work in this area in 2008 to focus primarily on technology suppliers.

Suppliers

Responsibility with suppliers does not stop at respect for basic rights but extends to the impacts they generate, which may also leave their mark on our final service delivery.

The trust of Caja Madrid people
  • Press on with programmes to spot and develop talent, providing training in activities to bring people on in their existing function.
  • Enlarge and redesign the staff offers and discounts catalogue available through the e-personas portal.
  • Extension of agreements with universities to favour the labour-market integration of people of all conditions.
  • A formal equal opportunities charter.
  • Review of the Competencies Model to align professional development and skills with the strategy and directions defined by a changing economic and social landscape, in a manner consistent with the Group’s culture and values.

Professionals

Caring for the people within the organization, who form its main support, is vital to the continuing achievement of our goals and the growth of our efficiency.

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