Carlos Torres Vila
BBVA Group executive chairman
BBVA is one of the signatories of the Principles for Responsible Banking, promoted by the United Nations Environment Programme Finance Initiative (UNEP FI). These Principles embody the commitment of 130 banking institutions and the United Nations to take on the climate emergency and sustainability challenges facing society today.
Summer vacation is the best time to include some fun and educational activities on financial literacy in children’s games. This way, almost without realizing it, little ones can learn basic concepts like saving and consumption that will be very useful to them in the future.
The extinction of species, the rise in temperatures and major natural disasters are some of the consequences of climate change. Countries and industries are aware and work to combat the planet’s accelerating pollution. Are there any viable solutions? According to some researches, using big data and machine learning could help drive energy efficiency, transforms industries such as the agriculture and find new eco-friendly construction materials.
Yet another year, BBVA has been included 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 most valuable companies. BBVA’s inclusion in the DJSI World and DJSI Europe indices was announced today Friday, September 13. Also, for fifth consecutive year, Garanti BBVA earned a spot in the DJSI Emerging Markets.
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).
BBVA Momentum, the BBVA program that supports social entrepreneurship, is entering its second half. September kicks-off with new training sessions for the selected social enterprises from participating countries: Colombia, the United States, Mexico, and Turkey. In a short couple of months, the most ambitious round of BBVA Momentum to date – with a record-breaking 169 participating social enterprises – will draw to a close.
‘Design thinking’ is a methodology that develops creativity and promotes innovation to solve problems and meet people’s needs in a viable way. Its influence has reached social enterprises who use it to improve their results and increase their impact.
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.”
One would think that a good financial education, in and of itself, would be enough to properly plan for retirement. However, research conducted by the Mexican Association of Pension Fund Managers (AMAFORE) and supervised by Jean Paul Madrigal, reveals something more is needed. The BBVA Center for Education and Financial Capabilities awarded this retirement planning research project one of its inaugural BBVA EduFin Research Grants.