BNP Paribas 3 STEP IT signs a partnership with Caixabank to promote the renewal of the technological equipment of spanish companies

March 14, 2022

CaixaBank, the leading financial group in Spain, and BNP Paribas 3 Step IT have today announced a landmark partnership, giving CaixaBank’s professional clients access to innovative and sustainable IT solutions for the first time.

CaixaBank will provide its clients – corporate, mid-market, and public sector organisations – with BNP Paribas 3 Step IT’s Technology Lifecycle Management services, which simplify the acquisition, management and refresh of business technology.

Based on the principles of the circular economy, this solution also supports organisations seeking to decarbonise their operations as part of the net zero transition.

BNP Paribas 3 Step IT is a joint venture between BNP Paribas Leasing Solutions, the European leader in professional equipment financing, and 3stepIT, an expert in the field of sustainable IT management. Through its innovative Technology Lifecycle Management offering, CaixaBank’s clients will now be able to acquire and manage business-critical IT devices such as laptops, PCs, smartphones, tablets sustainably and affordably. Clients can monitor every device using an advanced asset management platform and when they age, instigate the device renewal and refurbishment process.

Instead of sending the old devices to landfill, BNP Paribas 3 Step IT facilitates their secure return, refurbishment and resale, reducing carbon emissions and eliminating electronic waste, whilst improving IT operational efficiency.

This circular IT solution has been awarded the leasing industry’s highest accolade, Leasing Life’s Sustainability Award, and will now help CaixaBank’s clients to achieve their sustainability targets and net zero ambitions.

BNP Paribas 3 Step IT’s Technology Lifecycle Management service is certified as a Solar Impulse Efficient Solution. This certification recognizes solutions that bridge the gap between ecology and economy by offering opportunities for clean economic growth. It has also received the highest possible score in the Ellen MacArthur Foundation’s Circulytics Assessment, having been awarded a ‘Grade A’ for its application of circular economy principles.

Through this partnership, CaixaBank confirms its commitment to helping companies to move forward in innovation and sustainability.

“This partnership is a huge step forward in our ambition to be Europe’s leading provider of sustainable Technology Lifecycle Management solutions. More importantly, it means that through CaixaBank, a leading bank in the Spanish market, companies across Spain will now have access to sustainable IT solutions and can make a meaningful contribution to the global net zero transition. We are delighted to find a partner that shares our passion for the circular economy and wants to offer its customers smart, efficient and sustainable business solutions.” said Carmen Ene, CEO de BNP Paribas 3 Step IT.

“The partnership with BNP Paribas 3 Step IT enables us to incorporate into our portfolio of services a solution that combines a profound knowledge of technology through an international team of experts, comprehensive adaptation to customers’ needs and a circular economy model that ensures the reuse of equipment and the reduction of environmental impact. As a result of this, CaixaBank has become Spain’s first major bank to offer a specialised technology leasing product, with a level of quality and service that has never been seen before in the sector.” said Xavier Oms, Director of CaixaBank Equipment Finance.

CaixaBank is a world leader in sustainable financing. The bank mobilised 31,375 million euros both in sustainable bonds and loans in 2021, which is 150.8% higher than the previous year. CaixaBank has also achieved the highest recognitions as a leading company in sustainability, environmental management and climate change, such as the inclusion in the 2021 edition of the A List, the global disclosure system’s best possible classification by CDP. Additionally, for the tenth consecutive year CaixaBank remains on the Dow Jones Sustainability Index (DJSI) as one of the world’s most sustainable banks.

BNP Paribas 3 Step IT is part of the BNP Paribas Group, a world leader in sustainable finance. Since 2020, the bank has dedicated 188 billion euros to investments and financing with a positive impact and direct SDG (Sustainable Development Goals) contribution. It is a member of the Net-Zero Banking Alliance and the TCFD (Taskforce on Climate-related Financial Disclosures). It has been awarded World’s Best Bank for Sustainable Finance by Euromoney in 2021 and Bank of the Year for Sustainable Finance by IFR in 2020. It is the 1st French bank and 3rd worldwide in the Corporate Knights’ 2020 ranking for the “Global 100 Most Sustainable Corporations”.