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Sustainability

Sustainability

BBVA plans to invest in Suma Capital’s 3rd Sustainable Investment Fund, which specializes in the energy transition, the circular economy and in particular waste management for energy production: biogas and biomethane. The financial institution is investing in this reference fund for sustainable infrastructure in Spain as part of its investment strategy for climate funds. Through these investments, BBVA is contributing to the decarbonization of the planet.

The bank extends leave to its employees to care for sick family members, to accompany a partner in prenatal check-ups, to take young children in their first week of school, pregnancy protection measures to care for children or adoption and foster care processes. These are some of the improvements incorporated in BBVA's new Equality Plan, which also includes protocols against harassment in the workplace and non-discrimination of the LGTBI community.

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.