Close panel

Close panel

Close panel

Close panel

Sustainability and Responsible Banking

Sustainability and Responsible Banking

Trees BBVA City

The banking industry is taking another step towards laying the groundwork to tackle the climate change threat with a new set of tools. The groundbreaking methodologies published today, aimed at helping the banking sector understand and manage the adverse effects and the opportunities of climate change in their loan portfolio. The methodologies are the result of a joint effort by sixteen leading global banking institutions – including BBVA – and Acclimatise, a UK-based climate change advisory.

On February 28, BBVA unveiled its climate change and sustainable development strategy ‘Pledge 2025’. A cornerstone of this pledge is the sector norms which enable the bank to address specific matters of sustainability with particular environmental and social impact (mining, energy, infrastructure and agribusiness) and provide clear guidance on the procedures to follow in the management of clients and transactions in these sectors. These rules embody the Commitment to Human Rights that BBVA took on board in 2008 and which has recently been updated.

Last Sunday, June 17, the BBVA Communication team and their families took part in "1m2 por la naturaleza" initiative, the great collaborative garbage collection in Spanish ecosystems.