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International agreements subscribed

 BBVA has subscribed a series of international agreements of special import in terms of corporate responsibility:

  • The Bali Communiqué, document which purpose is to show the will of international companies to call for a comprehensive, legally binding United Nations framework to tackle climate change.

  • The Statement "Caring for Climate: The Business Leadership Platform", fostered on a three-way basis by the United Nations Environment Programme, the United Nations Global Compact and the World Business Council for Sustainable Development.

  • United Nations Global Compact. It envolves a commitment to uphold its principles concerning human rights, employment legislation, environmental protection and anti-corruption measures. BBVA has been a member of the executive commitee of the Global Compact´s Spanish Association(ASEPAM) since it was set up in 2004. A Progress Report has been drafted for this association in 2006.

  • United Nations Environmental Programme Finance Initiative. Its aim is to rally the efforts of financial institutions in order to foster environmental protection and their cooperation in sustainable development, laying down the core principles for responsible environmental management.

  • Equator Principles. Their aim is to establish stringent environmental and social criteria for the financing of investment projects.

In addition to these agreements, BBVA publicly acknowledges its respect for the United Nations’ Universal Declaration of Human Rights and for the International Labour Organisation’s basic employment legislation, which is explicitly set forth in the BBVA Group’s Code of Conduct.

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