Caixabank Announces Partnership with BNP Paribas 3 Step It

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

As noted in the update, CaixaBank will offer its clients – corporate, mid-market, and public sector organizations – “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 organizations seeking to decarbonize their operations as part of the net zero transition.”

As explained in a release, BNP Paribas 3 Step IT is a joint initiative between BNP Paribas Leasing Solutions, the European leader in professional equipment financing, and 3stepIT, which is considered “an expert in the field of sustainable IT management.”

Via its 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.” As mentioned in the announcement, 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.”

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

Carmen Ene, CEO of BNP Paribas 3 Step IT, said:

“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.”

Xavier Oms, Director of CaixaBank Equipment Finance, stated:

“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 specialized technology leasing product, with a level of quality and service that has never been seen before in the sector.”

As covered, CaixaBank is one of the leading financial groups in Spain. After its merger with Bankia, the bank “has assets of €680.03 billion, making it Spain’s largest bank, and one of the leading banks in Europe.”

CaixaBank also has “a strong presence in Portugal, where it controls 100% of BPI.”

The Group, chaired by José Ignacio Goirigolzarri and led by Gonzalo Gortazar, “has 20.7 million customers and the largest commercial network in Spain and Portugal, and it is a leader in digital banking with 73.1% of clients being digital.”

As noted in the announcement, BNP Paribas 3 Step IT “makes IT more sustainable.”

The joint venture “offers complete Technology Lifecycle Management solutions that include refurbishing devices at the end of the contract to give them a second life and minimize the environmental impact, playing an active role in the circular economy.”

For more details on this update, check here.

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