BBVA is celebrating the World Day for Reducing CO2 Emissions by reaffirming its environmental policy to develop a more sustainable economy. BBVA has committed to be neutral in terms of CO2 emissions in 2020. As of January 1st, it has assigned an internal price for its emissions, thus incorporating this factor into decision-making processes, as BBVA Group Executive Chairman Carlos Torres Vila recently announced. This measure is part of BBVA’s broader effort to align its activity with the Paris Agreement and cut its direct and indirect emissions. BBVA will light its Madrid headquarters building in blue in commemoration of this international day.

BBVA’s Group executive chairman participated in a debate organized by CNBC at Davos to discuss what financial institutions can do to mobilize resources for a more sustainable development. Carlos Torres Vila pointed to the bank’s commitment - not only to mobilize resources, but to accompany its clients in this change. “Advising our clients in their environmental transition is an integral part of BBVA’s strategy,” he said.

Carbon Disclosure Project (CDP),  the world’s main platform for environmental information, has included BBVA in its “category A-”, consisting of leading companies in the fight against climate change. The bank has improved its rating in the past three years and is now in the top category: Leadership (A).

A total of six community organizations in the Bryan-College Station area were awarded a sum of $22,500 in grants from the BBVA USA Foundation during a breakfast presentation on Thursday.

Larry Fink, CEO of BlackRock, warns that his asset management company (the world's largest) will take action against investee companies that do not consider sustainability. "We will be increasingly disposed to vote against management and board directors when companies are not making sufficient progress," he warns in his annual letter to the CEOs of the world's leading companies.

Under the scope of agreements Garanti BBVA has signed with the International Finance Corporation (IFC), the Development Bank of Austria (OeEB), and Green for Growth Fund (GGF), the bank will allocate $133 million to support energy efficiency and renewable energy projects, small and medium-size businesses, and women entrepreneurs across 22 Turkish provinces.

Garanti BBVA Securities assumed the sole financial advisory services role in the largest power plant sale in 2019 in Turkey. The recently announced deal consisted of the sale of Zorlu Rüzgar to renewable energy company, Akfen Yenilenebilir.

At the forum entitled `Después de la Cumbre del Clima ¿Ahora qué?´ (The Climate Conference has ended, now what?, in English), Global Head of Responsible Business in BBVA, AntoniBallabriga, reflected on the steps that the banking sector must take following COP25. While acknowledging the "insufficient" results of the conference, he remarked that, "It marked another step toward reaching global agreements," in which BBVA has actively participated. He highlighted the banking sector´s role in providing support and advice in the energy transition process.

The 7th Survey on the Saving Habits of the Spanish Population; prepared by Instituto BBVA de Pensiones-Mi Jubilación (BBVA Retirement Pensions Institute – My Retirement), focuses on the Spanish baby boomer generation. The survey offers very revealing insights into the perception that people born between 1957 and 1977 (aged 42 to 62) have about their financial standing regarding their retirement. Elisa Chuliá, a member of the Forum of Experts of the BBVA Retirement Institute has taken a deep look a the survey’s results to narrow down the financial traits that define this generation.