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Sustainability

Sustainability

Only 59.5% of LGBTI+ people are visible in the workplace. This was made known by the Federación Estatal de Lesbianas, Gais, Trans, Bisexuales, Intersexuales y más (FELGTBI+) at the talk on 'Family diversity and its visibility in the workplace' held in conjunction with BBVA on the occasion of International LGBTI+ Pride Day.

World Meteorological Organization (WMO) experts have just warned that El Niño, a natural phenomenon that arises in the Pacific Ocean and shapes weather around the world, has started up again. So their forecasts, which a few months ago indicated that there was a 55% chance that El Niño would re-emerge in the second half of 2023, have proven to be accurate. But this is bad news. Because El Niño poses the danger of a new global temperature change.

The bank has published an in-house guide to raise awareness among employees of the value of generational diversity. The goal is to confront any lingering prejudices about people’s age. "At BBVA, we have up to four different generations under one roof. We want to drive home the point that everyone here, regardless of age, is highly capable and brings value and talent to the bank," said Heather Spratt, who leads the BBVA employee group concerned with safeguarding generational diversity at the bank.

BBVA has channeled 150 billion euros in sustainable business from 2018 to March 2023, half of the €300 billion target set for the 2018-2025 period. Nearly 14 billion euros was mobilized in the year's first quarter, an increase of almost 20 percent compared to the same period in 2022. “Quarter after quarter we are making good progress towards achieving our sustainable business goal for 2025,” said Javier Rodríguez Soler, BBVA’s Global Head of Sustainability, commenting on these results.

BBVA placed CHF 425 million of a senior preferred bond issue today. The labeled green bond is divided into two tranches with maturities of three and six years. The first tranche, maturing in 2025 and comprising CHF 215 million, bears interest at SARON mid-swap plus 108 basis points, while the second tranche, maturing in 2028 and comprising CHF 210 million, bears interest at SARON mid-swap plus 123 basis points.