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Environment

13 Sep 2018

24 Aug 2018

BBVA Compass has put its innovative design thinking methodology to work, solving a real-world problem outside its own four walls. Using a common refrain among those who provide response and relief to disasters: all disasters are local. But the increase in the incidence of natural disasters worldwide since the 1970s has made it increasingly difficult for local communities to handle disaster response on their own.

18 May 2018

15 May 2018

08 May 2018

This Wednesday BBVA will hold the BBVA Sustainable Finance Forum, bringing together investors, businesspeople, institutional representatives, and sustainable finance experts with the aim to boost the finance industry’s role in sustainable development and the fight against climate change. Taking place at BBVA’s headquarters in Madrid, the forum will be inaugurated by the Francisco González, Group Executive Chairman of BBVA, and Spain’s Vice President, Soraya Sáenz de Santamaría.

09 Mar 2018

The European Commission has published its Action Plan to boost the contribution of the financial industry to the aim of achieving a more sustainable global economy. The Plan is in line with BBVA’s 2025 Commitment, the Bank’s strategy on climate change and sustainability, which involves the mobilization of €100 billion over the next eight years to promote the transition toward a low-carbon economy and the sustainable development.

02 Mar 2018

Fair-trade coffee, quality guarantee, ecological tomatoes… consumers read the labels on the things they eat. But is there any way of checking that what they say is correct? In order to do so, you would need a register of the processes to which the product has been submitted, something blockchain can do.

28 Feb 2018

  • Bond issues: Based on the Green Bond Principles, within the Social Bond Principles and the Sustainable Bond Guidelines of the ICMA, the bank will also publish the framework linked to the Sustainable Development Goals required for the issue of its own sustainable bonds
  • First Spanish bank to commit to the Science Based Targets Initiative to certify that emission goals are consistent with the decarbonization level required to meet the 2ºC goal set for 2050
  • Renewable power pledge: BBVA has pledged to deliver 70 percent of its energy consumption with renewable sources by 2025, and to cut its CO2 emissions by 68 percent
  • Fossil fuels: In line with its commitment to transparency, the bank reveals its total exposure to fossil fuels as 3.4 percent of its total assets

BBVA today announced its strategy around climate change and sustainable development, Pledge 2025. The strategy will help the bank meet the United Nations Sustainable Development Goals and is in line with the Paris Agreement on Climate Change. Pledge 2025 will help the bank align its activity to a 2ºC Scenario and strike a balance between sustainable energy and fossil fuel investments and is based on three lines of action: financing, management and engagement.

22 Feb 2018

06 Feb 2018

Rosemary and Peter Grant have devoted 40 years of their lives to studying the finches of the Galapagos Archipelago, the birds that inspired Darwin’s theory of evolution. The couple´s work has allowed them to prove that evolution can take place at a much faster pace than previously believed; in less than a decade, the beaks and bodies of these birds can transform to adapt to environmental changes.

02 Feb 2018

23 Jan 2018

16 Dec 2017

13 Dec 2017

Customer experience, the new business models and investment in social commitment are the three opportunities for the banking industry, as it seeks to maintain a relevant role in society. “Investing in social sustainability is part of the banking industry’s responsibility,” said José Manuel González-Páramo, BBVA’s Executive Director and Head of Economy, Regulation and Institutional Relations, during the event entitled XIII Banking Industry Meeting organized by IESE (13th Meeting of the Banking Sector, organized by IESE) in Madrid.

11 Dec 2017

ShareAction, one of the most important observers of responsible investing, has published a study on the 15 biggest European banks, analyzing how we manage the risks and opportunities related to climate change. This study follows the guide for investors on discussing climate change with their bank that was published a few months ago.

Big Data can play an important role in achieving the UN’s Sustainable Development Goals, which the international community hopes to do by the year 2030. However, to reach this objective, more information and more public-private cooperation is needed.

04 Dec 2017

29 Nov 2017

UN Global Pulse, a United Nations agency that seeks to use big data for the public good, has announced the winners of Data for Climate Action – an open innovation initiative to find solutions for climate change.  BBVA Data & Analytics collaborated with the initiative by providing statistics on credit and debit card transactions in Spain.

17 Nov 2017

The Conference on the United Nations Convention on Climate Change is currently taking place in Bonn, from Nov. 6-17. At a side event hosted by the Inter-American Development Bank (IDB), BBVA was invited to share its approach to green finance.

25 Oct 2017

18 Oct 2017

02 Oct 2017

Agriculture stands at the threshold of a new revolution. The rising population, the competition for increasingly scarce resources and the phenomenon of climate change are just some of the challenges facing the sector as it seeks to feed all of humanity. We need to produce more with less, a challenge that the farm sector has already begun to answer, thanks to the Internet of Things, whose sensors have brought the benefits of big data to the farmsteads and croplands.

26 Sep 2017

13 Sep 2017

07 Sep 2017

06 Sep 2017

The possibility of using blockchain technology to monitor the origin of a product or to record intangibles, such as hours worked, opens up a new field that could revolutionize the concept of Corporate Social Responsibility. In this new post on #RevoluciónBlockchain, Iñigo Molero invites you to imagine the uses for a new mechanism to guarantee and give authenticity to companies’ social commitments.

01 Sep 2017

30 Aug 2017

After barreling into the state of Texas, as one of the largest and most damaging Hurricanes in U.S history, Hurricane Harvey continues to devastate the Corpus Christi-Houston-Galveston area with catastrophic destruction, human losses, and unprecedented flooding.

As the region begins to pick up the pieces in the weeks, months and years to come, there is a growing concern about the impact that Hurricane Harvey will have on the regional and national economy.

14 Aug 2017

31 Jul 2017

20 Jul 2017

Garanti Bank signed an agreement with the European Bank for Reconstruction and Development (EBRD) for 5-year term funding in the amount of Euro 75 million equivalent under the Covered Bond Programme. Thanks to this financing, the first transaction settled with EBRD in TL and covered bond format, Garanti aims to boost the expansion of Green Mortgage loans and to protect the future generations with environmentally-friendly buildings.

19 Jun 2017

In a report entitled The Future of Football, Futurizon predicts that in the future, sports events will be broadcast using tiny drones capable of hovering a few inches above the playing field, swirling around spectators or chasing the ball in the air. Except for referees, players and coaches, ordinary spectators have always enjoyed these events from architectural points of view:  the stands or the sides of the pitch. And, even if we don’t realize it yet, narratives have also depended on these points of view. What would happen if the perspective changed? Would it be possible to televise a match exactly as the referee sees it? Would that be of any interest at all? Or telling what an embedded drone observes?

16 May 2017

Technological capital, human capital, regulatory capital and social capital… all are dimensions that the science of economics measures and includes in its analyses. Cultural capital is not a common concept in this science, however. But Timothy Besley, Professor at the London School of Economics (LSE) feels it is fundamental as a conditioning aspect of the economic activity of any organization, institution or country.

05 May 2017

It’s been around for just two or three generations, but plastic has become a pervasive part, not only of our lives but, as researcher Andrés Cózar confirmed in a study sponsored by BBVA Foundation, of our oceans, too. This includes, paradoxically, the one that washes the shores of one of the least populated places on earth: the Arctic Ocean.

30 Mar 2017

There has been an increasing focus on sustainable finance and on the impact of the climate change for the financial stability since 2015 year. Having said that, sustainable finance and the analysis of the consequences of climate change for the financial system are still in a very nascent stage and there is still a lot of work to be done. Two leading projects that are a step in the right direction are those of the Financial Stability Board (FSB) Task Force on Climate-related Financial Disclosures (TCFD) Recommendations -at global level- and the creation of a European Expert Group on sustainable finance -in the EU.

24 Mar 2017

10 Mar 2017

09 Mar 2017

01 Mar 2017

Francisco González, Group Executive Chairman of BBVA, presented the book The Next Step: Exponential Life in an event held at the Massachusetts Institute of Technology,  This work collects the insights of twenty of the world’s most authoritative voices in a number of fields, analyzing the tremendous opportunities – and the risks and uncertainties – that the so-called “exponential technologies” will bring to humanity

27 Feb 2017

16 Feb 2017

07 Feb 2017

Gene Likens revealed the environmental impact of acid rain. Marten Scheffer has proven that human activity can bring irreversible damage to nature. Both have contributed decisively to understand how ecosystems respond to human-induced alterations of the natural environment, key to better protect our planet. The BBVA Foundation has recognized the work of these two ecologists with the Frontiers of Knowledge Award.

19 Jan 2017

16 Jan 2017

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The World Economic Forum was founded in 1971 following a proposal by Klaus Schwab, a Swiss business professor, to create a space to analyze and find solutions to global problems. Year after year, political leaders, business personalities and intellectuals have picked up the gauntlet. The World Economic Forum Annual Meeting has become one of the world’s most important centers of social and economic debate. In 2018, the WEF wants to take another step and establish itself as a space for “Creating a Shared Future in a Fractured World,” as its theme says.

10 Jan 2017

The BBVA Foundation Frontiers of Knowledge Award in the Climate Change category goes, in this ninth edition, to climatologists Syukuro Manabe and James Hansen, separately responsible for constructing the first computational models with the power to simulate climate behavior. Decades ago, both men correctly predicted how much Earth’s temperature would rise due to increasing atmospheric CO2. The scores of models currently in use to chart climate evolution are “heirs” to those first developed by Manabe and Hansen.

03 Jan 2017

There are over 200 coral species in the Mediterranean. They are not as spectacular and have not suffered in 2016 as much as the Australia’s battered Great Coral Reef, but they are essential to nurture marine life. Some live at depths of hundreds of meters and are seriously damaged. An research team funded by the BBVA Foundation studies how to heal them.