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Environment

23 Jul 2020

April 2020 marked a high point in U.S. investments in environmental, social and governance (ESG)-themed exchange-traded funds in April 2020, according to analysts with BBVA Global Market Research. Nearly $2.8 billion flowed into equity and fixed income ETFs during the month, compared to the previous record of $2.4 billion in January 2020.

09 Jun 2020

BBVA’s Turkish franchise has set the goal of reducing its carbon dioxide (CO2) emissions by 29 percent by 2025 and 71 percent by 2035. The announcement comes as part of the bank joining the Carbon Disclosure Project’s (CDP) Science-Based Targets (SBT), the most important environmental data platform in the world.

22 May 2020

BBVA has added a new feature to its financial aggregator One View. Using data analytics, it allows companies to find out the amount of greenhouse gases they emit into the atmosphere with their daily activities. At a time when SMEs and companies’ main concern is how to face the gradual lifting of lockdown restrictions during the health crisis, finding out their carbon footprint is the first step toward taking action that helps them to reduce their energy costs while having a positive impact on the planet. With this information, they can also explore new, more sustainable lines of business that will facilitate their recovery in a new context.

10 Apr 2020

03 Apr 2020

The appropriate design of a product can help reduce its environmental impact and make it last longer. More and more companies are turning to materials that are more durable and easier to recycle. One of the key aspects of product creation is predicting the possible repairs owner may have to make.

01 Apr 2020

The European Commission has published its taxonomy for sustainable finance, a classification instrument to help financial players and companies determine which activities qualify as sustainable. Investments in projects and activities that pursue the European Union’s environmental goals contribute to the transition towards a low carbon economy.

31 Mar 2020

25 Mar 2020

23 Mar 2020

2020 is a crucial year for women and girls, everywhere. We celebrate the twenty-fifth anniversary of the Fourth World Conference on Women and adoption of the Beijing Declaration and Platform for Action. It also marks the five-year milestone of the adoption of the Sustainable Development Goals. This year’s 64th Commission on the Status of Women (CSW) was deemed to be the big commemoration and opportunity to reaffirm these mandates. There are still significant and pervasive gender gaps in the economic and political participation of women all over the world. Progress is sluggish and if we are serious about achieving the 2030 Agenda we must step up the pace.

05 Mar 2020

25 Feb 2020

21 Feb 2020

The repercussions of climate change and the ensuing environmental commitment made by governments, the business community, and society as a whole have produced an onslaught of various terms that amount to a full glossary bound by sustainability. Carbon footprint is one of these terms.

13 Feb 2020

In an interview published in the latest edition of Compromiso RSE, Antoni Ballabriga, Global Director of Responsible Business at BBVA and Co-Chair of the Global Steering Committee for the United Nations Environment Programme Finance Initiative (UNEP FI), stressed that: “The financial sector’s sustainable partnership with the United Nations is more active than ever.” An initiative he feels promotes a financial industry that has a positive impact,  serving people and the planet. “It’s something that it hopes to achieve by inspiring, informing and enabling financial institutions to improve people’s quality of life without compromising that of future generations,” he explains.

11 Feb 2020

15 Jan 2020

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This year marks the 50th anniversary of the World Economic Forum, popularly known as the Davos Forum. The event kicks off on January 21 in the Swiss district of Davos-Klosters. For half a century, this forum has brought together politicians, businesspeople, and representatives from social and cultural organizations in order to find solutions for the world’s problems. 2020 sees the launch of a new ‘Davos Manifesto’ with the single objective of building a more sustainable, inclusive world.

09 Jan 2020

The BBVA Foundation has honored “the fundamental contributions” of American researcher Kerry Emanuel to understanding the essential physics of hurricanes with the Frontiers of Knowledge Award in the Climate Change category. The twelfth edition of the awards has recognized the pioneer work of this professor of Atmospheric Sciences at Massachusetts Institute of Technology (MIT), for being the first to link this phenomenon with the warming of sea surface waters driven by climate change.

27 Dec 2019

20 Dec 2019

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The Madrid Climate Summit hosted the ‘New Finance Leadership’ round table with participation from BBVA’s Executive Chairman, along with Nadia Calviño, Spain’s Minister of Economy and Business; Margarita Delgado, Deputy Governor of the Bank of Spain; Inger Andersen, Executive Director of the United Nations Environment Programme (UNEP); and José Antonio Alvarez, CEO of Banco Santander.

19 Dec 2019

16 Dec 2019

12 Dec 2019

04 Dec 2019

The rise in the global temperature has negative effects on the planet – effects that are difficult to revert in some cases. Increasing frequent heat waves, devasating fires – like the recent fires in California – and natural disasters like tropical cyclones, floods and droughts, have had an enormous impact on the environment and socioeconomic development.

02 Dec 2019

29 Nov 2019

The Roca brothers of El Celler de Can Roca fame have created the dishes that will be served to prime ministers, heads of state, government officials, and the United Nations’ Secretary-General at the opening lunch of the next Climate Summit. The summit gets underway next Monday, December 2, in Madrid. The meal, sponsored by BBVA with a menu prepared by the Roca brothers, is based on local Spanish products and a cuisine that is amenable to small-scale farmers. “Cuisine is a transformative tool that can raise awareness and advocate for sustainability,” Joan Roca stated.

12 Nov 2019

High level government representatives from the energy, industry, and finance fields participated alongside business leaders at the Eighth Turkish Wind Energy Congress (TWEC 2019). Experts at the event agreed, “We have created a success story in energy, with wind energy leading the sector.” The event was held in Ankara and organized by theTurkish Wind Energy Association (TWEA).

31 Oct 2019

Human beings have always dreamed of magnificent cities. The imagined and mythical, like the so-called Lyonesse not far from the coast of Cornwall, or the Seven Cities of Cíbola located somewhere in the southwest of North America, or El Dorado, hidden in the pre-Colombian jungle. Surely behind these dreams looms the aspiration to find a model of harmonious coexistence. These would be cities attuned with the natural environment that surrounds them. With hanging gardens like those in ancient Babylonia or cloistered in a precious valley like Machu Pichhu, although these two examples actually did exist.

21 Oct 2019

Between January 2016 and December 2018, BBVA Group reduced its energy consumption by 7 percent per employee. This savings reaffirms the bank’s commitment to sustainability. By December 2018, the Group had hit its targets of having 35 percent of the energy it consumes coming from renewable sources and reducing its CO2 output by 27 percent compared to 2016. October 21 marks World Energy Savings Day and intends to raise awareness about energy efficiency and the need for responsible and sustainable guidelines governing the consumption of the planet’s resources.

17 Oct 2019

Garanti BBVA joined 129 other banks from around the world in signing the United Nations Environment Program Finance Initiative (UNEP FI) Principles for Responsible Banking at the UN General Assembly in New York. The participating banks represent over $47 trillion in total assets. By signing these principles, Garanti BBVA and five other Turkish banks – ING, the Investment and Development Bank, Şekerbank, TSKB and Yapı Kredi – formalized their commitment to leading the way for sustainability in the country.

11 Oct 2019

08 Oct 2019

01 Oct 2019

27 Sep 2019

“The financial sector’s Collective Commitment for Climate Action is an important step toward working as a true global coalition. It is the industry’s most ambitious commitment to the climate,” explained Antoni Ballabriga, the Global Head of Responsible Business at BBVA, during his presentation at one of the round table discussions taking place in parallel to the climate conference held in New York this week.

26 Sep 2019

20 Sep 2019

12 Sep 2019

The term agribusiness is used to refer to economic activities derived from or connected to farm products. In other words, crop production, as well as crop processing, transportation and distribution. Agriculture and all of its economic, social and demographic derivatives… a sector that has an impact on practically all the Sustainable Development Goals (SDGs).

29 Aug 2019

26 Jul 2019

Following a six-month public consultative process, the United Nations Environment Programme Finance Initiative (UNEP FI) has this week released the final official versions of the UNEP FI Principles for Responsible Banking and their supporting framework documents. Endorsed by more than 100 financial institutions ahead of their 22 September global launch. BBVA is one of the 30 Founding Banks for this initiative.

22 Jul 2019

01 Jul 2019

According to the United Nations, today, more than half of the world’s population lives in cities, a situation that will continue to escalate in the future. This has led to an increase in environmental pollution, inequality and poverty in these cities, a situation that testifies to the need to focus on advancing in UN Sustainable Development Goal (SDG) no. 11: To make cities and human settlements inclusive, safe, resilient and sustainable. In this task, BBVA also has a lot to say and to do.

27 May 2019

It is a known fact that water is the source of life, and survival depends on its constant cycle. The United Nation’s sixth Sustainable Development Goal (SDG) recognizes the fundamental right to water and sanitation, establishing that every human has the right to between 50 and 100 liters (13 to 26 gallons) of safe and affordable water per day at a distance of less than 1,000 meters (just over half a mile) – or a half hour – from their home. BBVA is also contributing to the fulfillment of this SDG with its ‘Pledge 2025’ specifically with activity aimed at saving water and raising awareness about the responsible use of this life-giving resource.

24 May 2019

In commemoration of Earth Day, the New York Stock Exchange (NYSE) publicly acknowledged those companies listed on the exchange that have integrated sustainable practices into their business models, promoting sustainability with their actions, in their business dealings, and with their stakeholders. BBVA was one of the companies the American stock exchange singled out for their significant Earth-friendly efforts, like BBVA’s ‘Pledge 2025’.

29 Mar 2019

The planet needs all of us. Helping it with a one-hour blackout is something that means very little to each of us, but it is very important to the place where we live — and not just symbolically. For the 12th year since Earth Hour was first launched in 2007 by World Wildlife Fund (WWF, the large independent organization dedicated to the conservation of nature) in 2007, the biggest capitals in the world will turn off their lights to fight climate change.

14 Mar 2019

BBVA has released its updated financing policy addressing sectors that have a serious environmental or social impact. The main change to the policy is the inclusion of more limits and a tightening of restrictions for the mining, energy, infrastructure, and agribusiness sectors. In addition, the updated policy provides clear guidance on the management of clients and business activities related to these industries. The transportation of tar sands has been explicitly added to list of prohibited activities.

22 Nov 2018

The impact of human action on biodiversity is a challez nge that remains unresolved. Numerous scientific studies confirm that these changes are causing the extinction of more and more species – the consequences of which are at least as severe as climate change. The work of civil society organization is essential to combat this phenomenon. This year, the BBVA Foundation once again sought to recognize the work of some of these organizations with its Biodiversity Conservation Awards.

02 Nov 2018

31 Oct 2018