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Sustainability and Responsible Banking

Sustainability and Responsible Banking

18% of consumers are unable to rate the social commitment of companies due to a lack of awareness of the policies and actions that they develop. However, when asked to rate companies based on their performance other fields (products/services, leadership, innovation, etc), this percentage drops by 50%. This is one of the key takeaways of the 2016 CSR RepTrak® 100 report, recently released by consulting firm Reputation Institute within the framework of a webinar, in which BBVA also participated.

BBVA Foundation’s Biodiversity Conservation Awards recognize each year a number of activities based on scientific knowledge of nature. Each year, the winners show that good results can be obtained that have a lasting effect on the environment. This edition’s winners are engaged in activities as diverse as the rehabilitation of Spanish fauna, land conservation or recording a sound archive of nature.

A few days ago, Junior Achievement Europe and VISA published an interesting report on the financial skills and abilities young people should possess in today’s world, “a world of virtual currency and financial complexity”. Vienna University of Economics & Business collaborated in the study that interviewed 445 executives in 39 countries.

As a result of the integral transformation process kicked off in 2016, BBVA Bancomer established a scheme to implement a strategy based on the new concept of “Responsible Business” as the focal point of its social responsibility actions. The strategy is built on three cornerstones in first place, social actions aimed at fostering education and which are carried out through the BBVA Bancomer Foundation; the second, financial education; and third the promotion of entrepreneurship, primarily with a societal focus.

Renewable energies are not only an investment opportunity, a response to the planet’s urgent need for sustainability and a change that will improve our lives –they can also rescue remote populations from their isolation and help ease their problems. Microgrids are making giant strides in every corner of the world, combining goals and mobilizing interests.