Sustainability
Sustainability
BBVA earmarked €131 million for social programs and investment in the community in 2022, almost 19% more than the previous year's €106.3 million. The contribution reached 77.8 million people overall, 43% more than in the previous year.
In the last decade, the average social well-being in the countries that make up the Organization for Economic Cooperation and Development (OECD) would have declined approximately two percent if the damage caused by CO2 emissions had been internalized, thus avoiding the worst future scenarios of global warming, according to BBVA Research.
BBVA Asset Management (BBVA AM) and BBVA Next Technologies, the BBVA Group’s dedicated software engineering company, have been recognized by the Food Bank Foundation for the valuable financial support they provided over the course of the COVID-19 pandemic. This recognition showcases the BBVA Group’s firm commitment to championing worthy causes that have a positive impact on society.
After announcing that the bank will have 35 percent women in management positions in 2024, BBVA has launched the high performance program ‘I am female talent’, which is geared toward the bank’s female employees with the greatest potential for growth. The bank has also presented a new remuneration policy for executive directors, which includes a diversity indicator as part of the variable incentives.
The 2023 Bloomberg Gender Equality Index measures companies’ commitment and transparency in the presentation and monitoring of gender data. BBVA is listed on this benchmark index for the sixth year in a row with a score that is above the average for all companies; above the average for companies in the finance sector; and above the average for Spanish companies.
After several intense days in Sharm El Sheikh, Egypt, it’s time to step back and take stock of the COP27, the UN-sponsored global climate summit. The first picture that comes to mind, which took shape as soon as I landed, has to do with the modern incongruence of today's world as applied to climate summits: 35,000 people, representing governments, institutions, businesses and civil society, gather in the desert, to address the toughest test that humankind will encounter in the next three decades.
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Antoni Ballabriga