05 Dec 2018
The European Investment Bank (EIB), together with the global data company YouGov, has published the first-of-its-kind citizens climate change survey revealing popular beliefs about climate change and its economic impact. The study, which involved 25,000 people in the European Union, the United States, and China, exposes the extent to which the general public is concerned about climate change and what it means to their bottomline.
04 Dec 2018
BBVA joined ING, BNP Paribas, Société Générale and Standard Chartered in a joint commitment to adapt their lending portfolio to the Paris Agreement on Climate Change. In an open letter to the global leaders and heads of state currently meeting at the 24th session of Conference of Parties to the United Nations Framework Convention on Climate Change (COP24) in Katowice (Poland), these banks committed to finance and design financial services that are needed to support clients as they transition to a low carbon economy.
03 Dec 2018
The Principles for Responsible Banking were announced in Paris on November 26. BBVA is one of the founding banks involved in this initiative, which forms a part of the United Nations Environmental Programme.
Emilio Martín-More Coloma
Sustainability Lead, BBVA
30 Nov 2018
The UN Climate Change Conference, held at the UN’s annual Conference of the Parties (COP), are international meetings that aim to negotiate and and agree the activities that need to be addressed by global climate policy. On the heels of the announcement in Paris of its participation in the UN’s Principles for Responsible Banking, BBVA also joins this global initiative for a sustainable future.
The Principles for Responsible Banking were presented in Paris on November 26. These principles are the result of a joint initiative comprising 28 financial institutions and the United Nations that aims to take on the climate change and sustainability challenges facing society today.
27 Nov 2018
Under the auspices of the United Nations (UN), Garanti joined 27 other global banks at the presentation of the Principles for Responsible Banking in Paris. BBVA owns a 49.85% stake of Garanti – the only Turkish bank participating in this global initiative.
26 Nov 2018
BBVA joined in launching the Principles for Responsible Banking at the United Nations Environment Programme Finance Initiative (UNEP FI) global roundtable in Paris. “With these Principles for Responsible Banking, we are redefining banking’s role in society in order to generate a positive impact on people’s lives,” BBVA’s CEO Carlos Torres Vila stated.
25 Nov 2018
BBVA joins the International Day for the Elimination of Violence against Women and will lit up its Corporate Headquarters to support all women that suffer gender-based violence.
22 Nov 2018
“The Principles for Responsible Banking demonstrate the banking industry’s clear commitment to a sustainable future – the only future that is acceptable and profitable for everyone.” With these words, Christiana Figueres, Convenor of Mission 2020 and former Executive Secretary of the United Nations (UN) Framework Convention on Climate Change, expressed her support for the Principles for Responsible Banking, and called on banks, regulators and stakeholders to join them.
Her Majesty Queen Letizia and BBVA’s Group Executive Chairman Francisco González presented the 10th edition of the Integra Awards at BBVA City (Madrid) this morning. These awards recognizes the accomplishments of organizations that develop workplace integration initiatives for people with disabilities and launch employment generating programs. The five organizations that received this year’s awards are the Juan XXIII Roncalli Foundation, Ilunion Responsible Tourism, the National Confederation of Deaf People, Amimet, and the Mental Health Federation of Castile and León.
20 Nov 2018
BBVA joined forces with 27 other banks and the United Nations to create the Principles for Responsible Banking. This landmark initiative seeks to address the sustainability challenges facing the global finance industry, and transform the sector into a driver of a sustainable future.
19 Nov 2018
BBVA hosted the forum “Energy Transition Opportunities for the Spanish and European economies.” During the event José Manuel González-Páramo, stressed that “At BBVA we highly appreciate the proposed measures, not only the draft legislation on climate change, but those measures that have been taken by other countries (France, Poland, and Ireland) that give sustainable financing a boost by issuing green bonds.”
13 Nov 2018
“Our vision of the world is marked by a sense of urgency, but also by a sense of opportunity. We need to re-imagine the role of banking in society. As banks we have to focus on a mission and creating a positive impact on people’s lives.” These are the words of BBVA’s Global Head of Responsible Business, Antoni Ballabriga, on a panel where he was joined by the European Commission Vice President, Vladis Dombrovskis, during the Sustainable Finance in Nordic-Baltic conference held in Helsinki.
08 Nov 2018
BBVA backs the European network of Financial Centers for Sustainability, which was presented at the Climate Innovation Summit 2018. The annual summit is organized by Climate-KIC and was held in Dublin this year. “At BBVA, we value the creation of this network of centers representing Europe’s most influential cities. The initiative, which has its origins in the United Nations Environment Programme, represents an additional pillar encouraging all key players to get involved in building a more robust and resilient financial system.” asserts Antoni Ballabriga, BBVA’s Global Head of Responsible Business.
05 Nov 2018
Net Promoter Score, or NPS, is a metric that helps companies understand customer satisfaction and gauge customer brand loyalty. As metrics go, it’s a relatively simply one that calculates customer responses to the question, “On a scale of 0 to 10, how likely is it that you would recommend our company/product/service to a friend or colleague?”.
31 Oct 2018
BBVA Compass teamed up with Experian to give small business owners access to expert advice and insight at a recent national webinar. The online workshop was intended to help small business owners and entrepreneurs navigate the impact of the 2018 tax law change which may permit taxpayers other than corporations to deduct of up to 20 percent of their qualified business income from a qualified trade or business under the Tax Cuts and Jobs Act.
BBVA was recognized as a global leader for its corporate responsibility and social investment programs in the latest report of Giving in Numbers, published by The CEO Force for Good. The report is based on the largest survey in the field of corporate social responsibility (CSR), gathering data from 252 of the world’s largest companies. The report placed BBVA in the top 25% of the most socially committed companies.
Claudio González-Vega, Chair of the Board of Trustees of the BBVA Microfinance Foundation and member of the Advisory Board of BBVA’s Center for Financial Education and Capabilities, is one of the world’s leading voices in finance and development, especially in the field of microfinance. For him, financial education is a “vital tool for escaping the poverty trap.”
29 Oct 2018
Olivier Guersent, the European Union’s Director-General for Financial Stability, Financial Services, and Capital Markets claims individual investors would rather put their money into sustainable development projects, but they need the right skills. Financial education is a part of this empowerment.
24 Oct 2018
Not long ago, in Colombia, nearly half the population lived in poverty. In rural areas, the overwhelming majority. Ten years ago, the BBVA Microfinance Foundation made a commitment to change this reality by creating the country’s first microfinance bank, Bancamía, in collaboration with two non-governmental organizations (NGOs) – ‘Corporación Mundial de la Mujer Colombia’ and ‘Corporación Mundial de la Mujer Medellín’.
16 Oct 2018
William D. Nordhaus, winner of BBVA’s Frontiers of Knowledge Award, and Paul M. Romer have been awarded the 2018 Nobel Prize for their research on how climate change and technological innovation impact the economy. Their findings substantiate the vital role financial education plays in overcoming the challenges of an ever-changing world.
11 Oct 2018
A two degree limit on the rise of the earth’s temperature will not be enough to prevent the catastrophic effects of climate change. Extraordinary measures are therefore required to contain global warming, capping the increase to a maximum of 1.5 degrees before 2050. This is one of the main conclusions delivered by Peter Newman, professor of sustainability at Curtin University in Perth (Australia) during the opening session “Facing Climate Change” sponsored by BBVA and the Fundació Catalunya Europa.
09 Oct 2018
More than 1,800 BBVA Compass employees — plus another 250 friends and family members — joined their BBVA co-workers across the globe to participate in the bank’s Week of Volunteering September 24-30. Employees across the footprint participated in 189 individual events, including Habitat for Humanity projects, food bank initiatives, community clean up efforts, and financial education workshops for individuals and small businesses.
Nowadays, more and more companies are committed to policies that encourage diversity in their work environments. In a panel at an ICMA Women’s Network event, held in Madrid, a group of women in leadership positions in various sectors of the industry debated issues such as unconscious biases in the workplace and the challenges they have had to face throughout their professional lives.
08 Oct 2018
More than 7,000 BBVA employees worldwide took part in some 325 acts of solidarity as part of the Global Volunteers’ Week celebrated in over 15 countries.
05 Oct 2018
For the second year in a row, BBVA has been named among the 200 companies in the world most advanced in gender equality, according to the Gender Equality Global Report & Ranking. The ranking is carried out annually by Equileap, an organization created with the goal of promoting progress in gender equality on a corporate level.
01 Oct 2018
BBVA Compass hosted a star-studded ribbon cutting at public basketball courts near Legion Field on Oct. 1, featuring city leaders, bank representatives, former professional basketball players, and current Houston Rockets players.
28 Sep 2018
20 Sep 2018
BBVA Compass recently launched its Center for Financial Education Community Workshops Initiative, with the goal of giving 20,000 low- to moderate-income individuals, families and small business owners the knowledge they need to take better control of their financial lives.
28 Aug 2018
Ask Fort Worth’s McCart & Sycamore Branch Retail Executive Jarod Mathis the reason behind the success he and his team have had at their branch and chances are good he’ll say family.
30 Jul 2018
BBVA is to link its power supply needs to the construction of a new wind farm. The new facility, which will be developed, built and run by Enel Green Power Spain, is part of BBVA’s 2025 Pledge and will add renewable energy capacity in Spain, helping to reduce CO2 emissions.
27 Jul 2018
As managing director of the Center for Financial Inclusion at Accion and a member of the advisory board for BBVA’s Center for Financial Education and Capability, Elisabeth Rhyne constantly faces the challenge of addressing financial inclusion worldwide, securing the protection of microfinance customers, and helping them achieve solid financial health.
19 Jul 2018
The EduFin Summit comes round again and this time full of novelties. This year the event, organized annually by BBVA’s Center for Financial Education and Capability, will take place in Buenos Aires. Leading experts in the field of financial education will debate the challenges of the sector and the importance of financial behavior for the well-being of people.
13 Jul 2018
BBVA Momentum 2018, BBVA’s social entrepreneurship supporting program has concluded the final list with the names of the 76 social companies invited to take part in this year’s edition.
10 Jul 2018
Stop fooling yourself: You’re not a calculator. No matter how calm and poised you think you are when making financial decisions, there is a factor you can’t do anything about: You’re human. However, banks such as BBVA can help you make the best decisions.
26 Jun 2018
BBVA is committed to providing the best solutions for its customers, profitable and sustained growth for its shareholders, and to collaborating in the progress of communities where it operates. The aim is to make reality the Group’s vision, which can be summed up with the idea of working for a better future for people.
22 Jun 2018
18 Jun 2018
Having a good financial health means having both enough money to cover expenses and savings to face unexpected future events. To know how to analyze it, the Center for Financial Services Innovation (CFSI) has identified, in a study published in the Center for Education and Financial Capabilities of BBVA, eight indicators that measure the state of people’s financial health.
Everfi is a leading educational technology company that uses social games, videos, and animation among other tools to provide financial education to everyone, at any age, anywhere in the world.
31 May 2018
The start of sweet summertime means that the school year for most kids in the United States is drawing to a close. If you’re a parent, you may be thinking about how to say thanks to a special teacher that has been meaningful in your own child’s life. The good news is that there are myriad ways to recognize teachers for the effort, caring and education they’ve provided throughout the school year.
29 May 2018
BBVA is one of 26 international banks that will work jointly on the development of Banking Principles that will align the banking industry’s business model to the UN’s Sustainable Development Goals and the Paris Agreement on Climate Change. The United Nations is driving the initiative. BBVA’s Group Executive Chairman stressed that “these banking principles will define the standards and accountability model for the future of banking.”
23 May 2018
21 May 2018
The role the financial sector must currently play in the fight against climate change, the challenges posed of sustainable financing and the proposed series of objectives to facilitate green financing were some of the issues discussed by the Sustainable Financing Solutions panel. This debate closed the first edition of BBVA Sustainable Finance Forum, which was held on May 9 and brought together investors, entrepreneurs and public and private sector institutions with the aim of promoting sustainable development and the fight against climate change.
16 May 2018
The growing importance of sustainable finance in the global agenda, as one of the key elements to meet the United Nations Sustainable Development Goals (SDG) and the Paris Agreement on Climate change. This was the content of the debate of the second panel of the BBVA Sustainable Finance Forum, an event that convened in Madrid business leaders, investors and institutional representatives.
09 May 2018
BBVA opened its headquarters in Madrid to welcome investors, business leaders, public and private institutions and the media, to an event aimed at promoting sustainable development and the fight against climate change. During the first edition of the ‘BBVA Sustainable Finance Forum,’ Group Executive Chairman Francisco González explained the reason for the meeting: “Banks need to help customers drive sustainable development and transition towards a low-carbon economy. At BBVA, we want to be the catalysts of this change.” Francisco González opened the event alongside Soraya Sáenz de Santamaría, Vice-President of the Government of Spain.
03 May 2018
Human rights are an essential element of BBVA’s purpose: “to bring the age of opportunity to everyone.” Its Commitment to human rights, approved in 2018, sets the foundations for further progress in that direction, involving all the people who work in BBVA’s ecosystem.
05 Apr 2018
Saving for retirement is a challenge, particularly when it’s far off. However it’s in your interest to plan for it to avoid stress and assure yourself adequate income when the time comes.