The BBVA Foundation Frontiers of Knowledge Awards have distinguished, in the Climate Change category, a scientist who has devoted his career to investigating agents that cause global warming: Veerabhadran Ramanathan.
Sustainability and Responsible Banking
Sustainability and Responsible Banking
Veerabhadran Ramanathan has been distinguished with the BBVA Foundation Frontiers of Knowledge Award in the category of Climate Change for his discovery of non-CO2 greenhouse gases and pollutants resulting from human activity that have a tremendous impact on the Earth’s climate. Acting to prevent emissions of these gases is feasible and would yield short-term results, contributing to the fight against global warming.
El Niño is the warm phase of the ENSO (“El Niño Southern Oscillation”), a meteorological event defined by prolonged warming in the Pacific Ocean sea surface temperatures. This year’s event is currently affecting the countries of the Latin American Pacific basin, and could be the worst since 1950, due to the impact of the climate change.
According to the Global Findex (2014) report, only 15% of adults worldwide use electronic money, and a lot of them live in developing countries.
Big Data, Internet of Things and urban development. The rise of these three factors working hand-in-hand means that growing smart cities are around the corner.
BBVA will make an initial donation of 1.5 million euros, and then match donors' contributions up to an additional 1.5 million euros. All the funds collected will go to social and employment projects run by the Spanish Red Cross, the Food Bank and Cáritas
Maximizing the positive impacts of the business on society and minimizing the possible impacts is BBVA's main commitment in the area of Corporate Responsibility and the foundation of its superior business model of responsible banking.
BBVA Corporate & Investment Banking has received four "Deal of the Year" awards, specially focused on the energy industry, bestowed by Trade Finance Magazine for the best deals carried out in 2013.
BBVA presents its new Global Eco-efficiency Plan (GEP) for 2013 – 2015, which sets a number of goals aimed at reducing its direct environmental impact and consolidating a management tool to help minimize the Group's environmental footprint. Since the first GEP was launched in 2008, BBVA has managed to reduce water consumption by 30% and paper use per employee by 17%, and has increased to 29% the number of Group professionals who work in buildings certified according to ISO 14001 standard.