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Energy consumption Updated: 24 Aug 2016

BBVA launches its new 2013–2015 Global Eco-efficiency Plan on the World Environment Day

BBVA presents its new Global Eco-efficiency Plan (GEP) for 2013 – 2015, which sets a number of goals aimed at reducing its direct environmental impact and consolidating a management tool to help minimize the Group's environmental footprint. Since the first GEP was launched in 2008, BBVA has managed to reduce water consumption by 30% and paper use per employee by 17%, and has increased to 29% the number of Group professionals who work in buildings certified according to ISO 14001 standard.

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Coinciding with the World Environment Day, BBVA launches its new 2013 - 2015 Global Eco-efficiency Plan (GEP) in order to minimize its environmental footprint in all the countries where the Group operates. The proposed goals include reducing CO2 emissions and paper, water and energy consumption.

The 2013 – 2015 GEP seeks to implement initiatives that reduce the BBVA Group's environmental footprint, such as the digitization of documentation to reduce paper use, the installation of smart air conditioning and lighting systems, energy management of the Group's buildings and offices and the installation of specific systems to save water.

BBVA also remains committed to sustainable construction. It currently has four LEED-certified buildings. LEED is one of the most prestigious international standards for measuring the environmental and human health impacts of buildings. Two of the buildings have been awarded the Gold certification and two the Silver certification. With another ten buildings also being built following these standards, the number of Group buildings awarded sustainable certifications will increase in the coming years.

2013 - 2015 Global Eco-efficiency Plan Goals

The new goals set in the 2013 – 2015 GEP are:

- 6% reduction in CO2 emissions (per employee).

- 3% reduction in paper consumption (per employee).

- 3% reduction in water consumption (per employee).

- 3% reduction in energy consumption (per employee).

- 33% of employees working in buildings awarded environmental certifications.

The estimated economic saving resulting from achieving these goals is around 1.5 million euros a year starting in 2015.

The BBVA 2008 – 2012 GEP

In 2008, BBVA became a pioneer with the launch of a global plan focused on reducing its direct environmental impacts: the 2008 - 2012 Global Eco-efficiency Plan. At the end of this plan, BBVA had minimized water consumption by 30% -the goal set had been 7%- and paper use by 17.3% -the goal set had been 10%-. In addition, more than 29% of Group professionals now work in buildings certified according to ISO 14001 standard.

The 2008 GEP has enabled a system to be established for obtaining environmental consumption reports in all the countries where BBVA operates and systematizing the measurement and tracking of the Group's environmental footprint. In addition, the effort made in terms of work and investment has enabled the development of a communication plan aimed at raising awareness among the Group's professionals about the environmental commitments adopted.

With the goals set in the new GEP, the BBVA Group will have achieved in the 2008 - 2015 period an energy saving of around 4%, a 32% reduction in water consumption, a 20% reduction in paper use and a 20% reduction in CO2 emissions, with 33% of the Group's employees working in environmentally certified buildings. This plan has also resulted in a saving of over 1.2 million euros a year since 2012.