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Responsible Banking

Responsible Banking

“Impact investing has made traction and is now fundamental to addressing the significant objectives related to sustainability. At a time like now, when all of us are experiencing the impact of the climate emergency, this type of asset is all the more relevant. It is undeniable: sustainability requires impact investing.” Lidia del Pozo, BBVA’s Director of Community Investment Programs, said these words at the European Venture Philanthropy Association (EVPA)’s 15th annual conference in The Hague.

It is common to think that saving is synonymous with not spending. But nothing could be further from the truth. Saving means spending better to make the most out of your money and, in addition, putting an amount aside to meet financial goals. The first step to achieve this is to draw up a family budget where all expenses are properly classified.

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These days the term sustainability seems to cover everything, and financial institutions are adapting to this new way of understanding the economy. In a gradual but unstoppable fashion, companies are incorporating sustainability criteria in their management. As a result, private and institutional investors are starting to call for global sustainable investment indexes that are rational, solid and reliable to allow them to monitor the evolving profitability of their sustainable investments.

High level government representatives from the energy, industry, and finance fields participated alongside business leaders at the Eighth Turkish Wind Energy Congress (TWEC 2019). Experts at the event agreed, “We have created a success story in energy, with wind energy leading the sector.” The event was held in Ankara and organized by theTurkish Wind Energy Association (TWEA).