If the transition to sustainable finance is to be possible, society needs a committed business community that is aware of the environmental challenges, knows how to take advantage of the opportunities provided by green financial solutions and participates actively in the debate. This was one of the main conclusions to emerge from the recent breakfast meeting "Sustainable Finance: solutions for a green economy", organized by Grupo Español para el Crecimiento Verde (the Spanish Green Growth Group) and BBVA, which took place in the Bank's headquarters.
Sustainability and Responsible Banking
Sustainability and Responsible Banking
BBVA Compass clients and Dallas community leaders gathered downtown Thursday night at Café Momentum, where the former juvenile offenders who power the restaurant prepared and served attendees a haute-cuisine meal and gave them a firsthand look at social entrepreneur Chad Houser’s ambitious venture to rehabilitate the youth and help them reenter society.
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.
BBVA has marked a new milestone in the sustainable finance business with the closing of the first global transaction in the insurance sector. MAPFRE has transformed its syndicated credit facility for 1 billion euros into sustainable finance with the cooperation of BBVA, which acted as Sustainable Agent in the transaction.
BBVA Compass and Opportunity Finance Network are putting out the call to dedicated leaders at community development financial institutions and inviting them to apply to the Opportunity Fellows Program, their joint initiative to boost the CDFI industry’s leadership ranks and spur greater access to capital in under-resourced communities.
Switzerland is currently the world’s largest private banking center, accounting for 25% of the global market. The country has a deep-rooted wealth management tradition, offering the perfect combination of experience, precision and a strong work ethic within a highly unstable geopolitical environment.
A year ago BBVA launched a project that reflects its commitment to financial education: the Center for Financial Education and Capability, whose goal is to foster knowledge in the area of financial education and inclusion.
This year Davos’ World Economic Forum (WEF) once more brought together world leaders, experts and thinkers to discuss the big economic matters that invite global concern. Over the course of the global event’s tight agenda, there was room for the inclusion and education of woman in financial affairs.
Europe’s banks want an active role for the financial sector in the fight against climate change. They are asking Brussels to draw up an urgent plan based on the recommendations of the European Union’s High-Level Expert Group on Sustainable Finance.
Goodwill Central Texas will open a new hub for financial education as part of the future Goodwill Career and Technical Academy, with funding generously provided by the BBVA Compass Foundation. The BBVA Compass Center for Financial Education will break ground in late 2018.