BBVA has ranked first among European banks in the Dow Jones Sustainability Index (DJSI), the market’s leading benchmark index, which measures the economic, environmental and social performance of the world’s largest companies by market cap.
Global Head of Responsible Business at BBVA
This launch is part of the bank’s commitment to the fight against climate, and adopt initiatives that contribute to the Sustainable Development Goals.
BBVA mobilized €29,90 billion in sustainable finance in 2018 and 2019 in his Pledge 2025, an initiative aimed at fighting climate change.
One of the fundamental goals of the Principles is to define the banking industry’s role and responsibilities in creating a sustainable future, aligning it to the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement, which was adopted in 2015 and entered into force in 2016.
BBVA is one of the signatories of the Collective Commitment to Climate Action that, under the auspices of the United Nations, 31 international financial institutions have promoted to ensure the alignment of their products and services to the fight against the climate emergency.
Carlos Torres Vila
BBVA Group executive chairman
BBVA, which recently launched its line of business ‘Quantitative Investment Strategies’ (QIS) for institutional investors, has augmented its first QIS index family specialized in sustainability, with the incorporation of two pioneering climate indexes of its own creation: ‘Solactive BBVA Climate Action PAB Europe’ and ‘Solactive BBVA Climate Action CTB Europe’.
Under the agreement with EBRD, Garanti BBVA will prioritize its investments with high sustainability performance for those who want to improve their performance while financing the investment projects.
BBVA, as sole sustainability coordinator, advised Publiacqua, one of the major water management companies in Italy, on how to link its core bank financing to environmental targets. The transaction consisted of converting an existing loan of EUR 140Mn into a sustainability-linked loan with two pure water management KPIs. With this financing, Publiacqua becomes the first water utility company in Italy to have sustainability features in their financing instruments.
The Garanti BBVA Partners Acceleration Program is looking for new candidates. This project aims to promote the development of entrepreneurial initiatives and ensure their sustainable growth.
After nearly a decade of bringing holiday joy to families across the country, the BBVA Foundation’s Project Blue Elf campaign continues its focus on financial education in a uniquely 2020 way.
The NOS group and BBVA formalized the first sustainable financing agreement for a company in Portugal´s telecommunications sector. The €100-million line of commercial paper -with maturity in June 2026- will cover the company’s global financing needs.
Garanti BBVA has been included in the CDP’s Global ‘A List’ thanks to its successful work raising awareness and managing environmental risks.
The Collective Commitment to Climate Action (CCCA), the most ambitious global banking sector initiative supporting the transition to a net zero economy by 2050 is celebrating its first anniversary. And to commemorate the occasion it has published its first follow-up report.
As part of its commitment to sustainability, BBVA has become the first institution in Argentina to launch recycled plastic cards, 85.5 percent made of PVC (polyvinyl chloride), produced from recycled plastic.
BBVA Global Head of Responsible Business Antoni Ballabriga, speaking at a webinar on decarbonization and the financial sector, pointed at the sustainable mobilization of the economy as a whole as the most pressing challenge facing the financial sector, and noted that, in this effort, “it is essential to accompany clients with sustainable financial solutions and advice.”
December 4 is the International Day of Banks. This year we must also celebrate that there are already 200 banks, including BBVA —which is among the founders— that have signed the Principles of Responsible Banking declaration. Together, they form the largest international coalition of financial institutions working together to integrate sustainability at the heart of their businesses and to align this with their commitments to the Paris Agreement on Climate Change and the Sustainable Development Goals.
Garanti BBVA maintains its presence on the Dow Jones Sustainability Index (DJSI) for the sixth consecutive year. BBVA’s Turkish franchise was included in this index for the first time in 2015 and since then has effectively integrated sustainability into all of its activities and business strategies.
Bank cards form part of the daily lives of hundreds of millions of people. The keys to their success are their comfort and simplicity for carrying out all kinds of operations: cash withdrawals, purchases, payments …When it comes time to choose one, it is important to know what types of bank cards there are and their characteristics.
Access to technology and financial education improvement for the entire population, especially the most vulnerable, is essential to achieving an inclusive recovery. These have been the main conclusions from the latest edition of EduFin Talks, a space for reflection and debate on financial education’s challenges organized by the BBVA Center for Financial Education and Capability in a 100 percent digital format.
Green bonds have been building a solid reputation among investors. Since December 2019 green bonds can be traded openly and transparently online. This is how the Nasdaq Sustainable Bond Network (NSBN) – the first electronic marketplace where professional traders can buy and sell sustainable, social and green bonds – works.