Sustainability and Responsible Banking
Sustainability and Responsible Banking
BBVA commits to reporting ESG metrics, as part of the Measuring Stakeholder Capitalism initiative, adopted by 61 member companies of the Davos World Economic Forum and a group of top executives who are part of its International Business Council (IBC).
BBVA, which recently launched its line of business ‘Quantitative Investment Strategies’ (QIS) for institutional investors, has augmented its first QIS index family specialized in sustainability, with the incorporation of two pioneering climate indexes of its own creation: ‘Solactive BBVA Climate Action PAB Europe’ and ‘Solactive BBVA Climate Action CTB Europe’.
Under the agreement with EBRD, Garanti BBVA will prioritize its investments with high sustainability performance for those who want to improve their performance while financing the investment projects.
BBVA, as sole sustainability coordinator, advised Publiacqua, one of the major water management companies in Italy, on how to link its core bank financing to environmental targets. The transaction consisted of converting an existing loan of EUR 140Mn into a sustainability-linked loan with two pure water management KPIs. With this financing, Publiacqua becomes the first water utility company in Italy to have sustainability features in their financing instruments.
The Garanti BBVA Partners Acceleration Program is looking for new candidates. This project aims to promote the development of entrepreneurial initiatives and ensure their sustainable growth.
After nearly a decade of bringing holiday joy to families across the country, the BBVA Foundation’s Project Blue Elf campaign continues its focus on financial education in a uniquely 2020 way.
BBVA and NOS close the first sustainable financing agreement in Portugal's telecommunications sector
The NOS group and BBVA formalized the first sustainable financing agreement for a company in Portugal´s telecommunications sector. The €100-million line of commercial paper -with maturity in June 2026- will cover the company's global financing needs.
Garanti BBVA has been included in the CDP’s Global ‘A List’ thanks to its successful work raising awareness and managing environmental risks.
The Collective Commitment to Climate Action (CCCA), the most ambitious global banking sector initiative supporting the transition to a net zero economy by 2050 is celebrating its first anniversary. And to commemorate the occasion it has published its first follow-up report.
As part of its commitment to sustainability, BBVA has become the first institution in Argentina to launch recycled plastic cards, 85.5 percent made of PVC (polyvinyl chloride), produced from recycled plastic.