BBVA sees corporate social responsibility as a series of positive voluntary contributions that go beyond the basic legal requirements. It makes these contributions in the sectors where it operates. Such actions favour sound, stable relations of benefit to all its different stakeholders. For BBVA they play a strategic role in the creation of value. They are also a competitive tool, leading to profitability and sustainability. The nature of BBVA's commitment to society is many-faceted and comprehensive. Its focus is systematic, coherent and proactive. The aim is to respond to stakeholders’ expectations while taking all aspects of business activity into consideration. These include business, corporate, human, social and environmental aspects. Its commitment forms an inherent part of the group's culture and corporate principles. Corporate social responsibility is a basic distinguishing element of BBVA’s vision (working towards a better future for people). It is present in BBVA’s commitment to stakeholders and is one of its seven corporate principles (social responsibility as an intrinsic part of development). This form of commitment implies strong ethical principles, constant adjustment and continuous support by all those concerned. BBVA has ratified its commitment by joining two important initiatives of the United Nations. These are the United Nations’ environmental programme for financial institutions and the global compact for business leadership. The purpose of the latter is to encourage companies to contribute to a better society that exhibits greater respect for the environment. BBVA's past conduct, its presence in Latin America (where it plans to remain and to co-operate in development) and its experience in Spain (as one of the key entities in the equilibrium of the financial system) are evidence of its corporate social responsibility. You can read BBVA’s social statement: Corporate Social Responsibility Report
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