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Corporate responsibility

28 Aug 2020

27 Aug 2020

Much is said about financial inclusion’s impact in people’s sustainable development: access to financial services is the gateway to an improved well-being and a necessary condition to guarantee equal opportunities, in addition to promoting growth. Institutions like the BBVA Microfinance Foundation facilitate this inclusion, something which, beyond its tangible value, empowers people to gradually enhance their financial management skills and, overtime, gain access to products and services from the formal banking system.

17 Aug 2020

BBVA secures more than €40 billion in sustainable finance, supporting the fight against climate change. The bank — which has committed to securing €100 billion in sustainable financing between 2018 and 2025 as part of its contribution in the fight against climate change — reached 40 percent of its sustainable financing target in June 2020. This figure includes transactions in green and social financing (62 percent of the total), social entrepreneurism and financial inclusion (13 percent), sustainable infrastructure and agribusiness (11 percent), and other sustainable sources (14 percent).

12 Jun 2020

04 Jun 2020

24 Apr 2020

Donations from BBVA employees around the world to fight coronavirus have reached one million euros. As part of its campaign ‘Your contribution is worth double’, BBVA has matched the amount donated by each employee, for a total of two million euros. The donation will be used to purchase healthcare materials, to support vulnerable communities across the bank’s footprint, and to research a cure for the disease. At the outset of the crisis, BBVA announced that it would contribute 35 million euros to fight the pandemic. This figure includes the bank’s one million euro contribution to the campaign in solidarity against COVID-19.

18 Mar 2020

14 Feb 2020

BBVA increased its 2019 contribution to the communities it serves, allocating €113.8 million to social initiatives, thus benefiting 11.5 million people around the world, up 42 percent from the previous year. Of this investment, 85 percent is earmarked to the three areas defined as priorities in the Community Investment Plan: financial education; social entrepreneurship; and knowledge, education and culture.

16 Jan 2020

02 Jan 2020

A few years ago when BBVA decided to define its purpose, one of the intended goals was to foster a common corporate-wide culture based on a shared vision and values. This is no easy task because the profile of any large multi-national business will reflect the different backgrounds of its individuals: different nationalities, ages, etc. Young people today demand more from a job and are more aware than ever of the values that companies project. During the application process, companies will also weigh whether a job applicant fits with its corporate values. Some companies, like BBVA, are even beginning to define incentive plans to encourage alignment to the overarching corporate culture.

27 Dec 2019

At the forum entitled `Después de la Cumbre del Clima ¿Ahora qué?´ (The Climate Conference has ended, now what?, in English), Global Head of Responsible Business in BBVA, AntoniBallabriga, reflected on the steps that the banking sector must take following COP25. While acknowledging the “insufficient” results of the conference, he remarked that, “It marked another step toward reaching global agreements,” in which BBVA has actively participated. He highlighted the banking sector´s role in providing support and advice in the energy transition process.

10 Dec 2019

BBVA’s practices in support of human rights have been assessed and recognized as one of world’s best in ‘The BankTrack Human Rights Benchmark 2019’ a industry benchmark report published Banktrack. BBVA’s overall mark – 7.5 points, after improving 4 points with respect to the 2016 edition, the highest increase by any of the 50 banks analyzed – placed the bank fourth in list released by the NGO, behind ABN AMRO and Rabobank (Netherlands) and Australia’s ANZ.

28 Nov 2019

To celebrate International Information Security Day, which will take place on November 30th, BBVA is dedicating the week to raising awareness of the risks in the digital world. In this interview, Ana Gómez Blanco, Head of Culture in Cybersecurity at BBVA, explains how initiatives like this are a fundamental component of corporate security and the key to helping employees and their families make their habits “cybersafe”.

19 Nov 2019

07 Nov 2019

30 students from across Spain participated in an educational program at BBVA in collaboration with the Princess of Girona Foundation. The sessions took place in Madrid – at BBVA’s Open Space and at the bank’s corporate headquarters, BBVA City. The students, between the ages of 21 and 30, were selected for their hard work and exemplary nature, and many of them are the first in their familiar to go to college. Bank experts in different professional skills were in charge of teaching the training sessions.

29 Oct 2019

Investor appetite for sustainable products has been growing exponentially in recent years.  BBVA’s Global Head of Responsible Business, Antoni Ballabriga, revealed that “This year $350 million in sustainable bonds and corporate loans will be issued around the world, 30 percent more than last year, according to data from the Institute of International Finance (IIF).” During the ‘Sustainable finance in the face of environmental challenges’ forum, organized by Spain’s National Association of Economists (Consejo General de Economistas), Ballabriga stressed that “there is still a lot to be done” and “one of the current challenges is to incorporate this trend into the SME and consumer markets.”

23 Oct 2019

BBVA and its community investment program has once again been recognized as a world leader in corporate social responsibility, according to the latest edition of ‘Giving in Numbers’ released by Chief Executives for Corporate Purpose (CECP). BBVA appears in the upper quartile — among the 25 percent most prominent companies in the world — out of the 250 surveyed, thus sealing its position in community investment and social commitment. Specifically, in 2018 BBVA allocated more than €104 million to social programs benefiting eight million people.

18 Oct 2019

Each year the International Day Against Breast Cancer is celebrated on October 19. This date serves as a reminder of society’s commitment to fight the most malignant tumor that most frequently strikes the female population. BBVA supports this cause and has launched its “Bonds that Unite” campaign, allowing customers to make donations to the Spanish Association Against Cancer via Bizum. As an additional gesture of solidarity, the bank will illuminate a pink rose on its headquarter buildings in Madrid, Mexico City, and Lima.

02 Oct 2019

After last week’s climate summit in New York, there is still a lot of uncertainty around the feasibility of fulfilling either the 2030 Sustainable Development Agenda goals or hitting the 2050 carbon neutrality target. In an article written by BBVA Research’s Arturo Fraile, the economist warns that “time is running out, and progress must be made” because positive results are still on the distant horizon. In his opinion, financial regulation and supervision will be key to this unavoidable transition.

01 Oct 2019

On September 22, the Principles for Responsible Banking were signed during the United Nations General Assembly in New York. These principles were conceived a year ago in Paris thanks to the initiative of 28 financial institutions working together under the framework of the United Nations Environment Programme – Finance Initiative (UNEP FI).  BBVA was one of the founding banks. To date, 130 CEOs from financial organizations around the world have signed the principles.

25 Sep 2019

23 Sep 2019

22 Sep 2019

04 Sep 2019

Antoni Ballabriga, BBVA’s Global Head of Responsible Business, was recently appointed Co-Chair of the Global Steering Committee for the United Nations Environment Programme Finance Initiative (UNEP FI). The UNEP FI is the global partnership established between the UN and the financial sector to promote sustainable finance, a cause that will keep Antoni Ballabriga busy well after the summer holidays. His calendar features a trip to New York on September 22 when BBVA, as one of the founding banks, will sign the United Nations Principles for Responsible Banking.

Antoni Ballabriga received a B.A. in Business Administration and an MBA from ESADE Business School. He completed postgraduate studies at Harvard Business School where he focused on strategy and corporate social responsibility.  He chairs the European Banking Federation’s working group on sustainable finance. He has also chaired the Spanish Forum for Socially Responsible Investment (SpainSIF) and the Spanish association of executives for corporate social responsibility (DIRSE).

Ballabriga reports directly to the bank’s management board. His avowed mission is “to ensure the bank systematically positions people at the heart of its decision-making processes.”

03 Sep 2019

This summer, approximately 400 children and teens between the ages of 9 and 17 enjoyed BBVA’s cybersafe Fridays. The bank held a series of different workshops to raise awareness and educate employee families about how to use technology and social networks safely.

21 Aug 2019

08 Jul 2019

BBVA is holding the leading international event on financial education. The third edition of the 2019 EduFin Summit will take place on July 11th and 12th, with the participation of BBVA Group executive chairman Carlos Torres Vila; Bank of Spain Governor Pablo Hernández de Cos; and Spanish Banking Association (AEB) Chairman and CEO José María Roldán. Over 30 global experts from 16 countries will debate how the digital revolution can contribute to people’s financial well-being.

20 Jun 2019

“The Sustainable Development Goals and climate change entail a transformation on the same scale as digitization, but, in this case, the stakes are much higher” This is how BBVA Global Head of Responsible Business Antoni Ballabriga described “this present moment and the opportunity and sense of urgency that we are dealing with today as societies” in the face of climate change.

12 Apr 2019

03 Apr 2019

BBVA secured €11.8 billion in sustainable financing in 2018, the first year of Pledge 2025, the bank’s initiative to combat climate change. This figure includes transactions in green financing (69 percent of the total), sustainable infrastructure and agribusiness (13 percent), and social entrepreneurism and financial inclusion (18 percent).

BBVA secured €11.8 billion in sustainable financing in 2018, the first year of Pledge 2025, the bank’s initiative to combat climate change. This figure includes transactions in green financing (69 percent of the total), sustainable infrastructure and agribusiness (13 percent), and social entrepreneurism and financial inclusion (18 percent).

01 Apr 2019

On Saturday, March 30th, the world came together to celebrate Earth Hour, an initiative promoted by the Worldwide Fund for Nature (WWF). Entire cities went dark for an hour to raise awareness and urge people to join the global movement in support of the environment and the protection of the planet. BBVA’s HQ in Spain – Ciudad BBVA – as well as other corporate buildings and headquarters in other countries, including Mexico, the U.S., Colombia, Peru, Uruguay or Argentina, also showcased their commitment to sustainability and the fight against climate change.

29 Mar 2019

BBVA Compass received a perfect score of 100 on the 2019 Corporate Equality Index (CEI), the nation’s premier benchmarking survey and report on corporate policies and practices related to lesbian, gay, bisexual, transgender and queer (LGBTQ) workplace equality, administered by the Human Rights Campaign (HRC) Foundation.  The bank joins the ranks of over 570 major U.S. businesses that also earned top marks this year.

12 Feb 2019

Over 1,800 participants from the banking industry, governmental authorities, and civil society gathered in Brussels on February 5-6, to take part in what has become the leading forum discussing the future of the European Union’s industry. EU Industry Days 2019, organized by the European Commission, devoted a substantial share of time to social investment and sustainable financing, something that has become an obligation for financial institutions today, according to Antoni Ballabriga, Global Head of Responsible Business, BBVA, who participated in one of the panels.

25 Jan 2019

Between 2016 and 2022, BBVA will reach a milestone of supporting almost half a million young people gain access to the job market, primarily though its worldwide entrepreneur programs. The bank, together with 20 other large global companies at the World Economic Forum in Davos, launched Global Alliance for YOUth, an initiative representing a collective effort to provide young people with the knowledge and skills they need for the jobs that society calls for. To this end, the project aims to help six million young people improve their skills so they can take part in the new working environments.

26 Dec 2018

14 Dec 2018

The Turkish Women Entrepreneurs Competition recently celebrated its 12th edition. During the ceremony, the first and only one of its kind, the names of the winners of the four award categories – Turkish Woman Entrepreneur of the Year, Turkish Woman Entrepreneur Who Made a Difference in Her Region, Most Promising Turkish Woman Entrepreneur and Turkish Woman Social Entrepreneur of the Year – were announced.

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

As of this morning, Anna Escobedo Cabral has become the chairwoman of the BBVA Microfinance Foundation (BBVAMF) Board of Trustees, after succeeding Claudio Gonzalez-Vega, who headed up the foundation’s governance body since 2015. As the granddaughter of Mexican immigrants, humble origins led the new Board of Trustees’ chair to combine her studies with work and to become the first in her family to graduate from both high school and college.

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.

26 Nov 2018

22 Nov 2018

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.

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.

31 Oct 2018

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.

08 Oct 2018