Sustainability
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Cleantech
Michael Geyer, Managing Director of Malta Iberia: ''The Iberian Peninsula is in a privileged position to store renewable energy through cleantech"
Storing electricity to use up to eight days later - electricity that comes from renewable sources. This is the milestone being marked by Malta, the U.S. company dedicated to clean technologies. Its Managing Director in Spain, Michael Geyer, sees the Iberian Peninsula as a strategic region to deploy these new technologies, or ‘cleantech’. “The Iberian Peninsula is in a privileged position to host innovative solutions for energy storage based on cleantech,” he explained in an interview with bbva.com.
24 Jul 2024
Clean technologies, also known as 'cleantech', are technologies that contribute to sustainability and care for the environment. This includes emissions reduction, biodiversity protection and water treatment.
The Iberian Peninsula is on the cutting edge of Europe’s cleantech revolution. It is believed that the industry will create some 2.65 million new jobs and mobilize €150 billion in investment across the region by 2030. These impressive figures are revealed in a new report headed up by BBVA and Cleantech for Iberia, a coalition set up to drive the potential of Spain and Portugal as a clean energy hub in the European Union.
18 Jul 2024
Social
The Queen of Spain meets with the young scholarship winners from the BBVA Microfinance Foundation
Six young students from Colombia and Peru, the children of vulnerable entrepreneurs served by the BBVA Microfinance Foundation, met with the Queen of Spain after winning the college scholarships granted by the foundation and BBVA in Colombia. These scholarships cover tuition and academic costs for the young students until they finish their studies. It is an opportunity for them to have a better future for themselves and their families.
17 Jul 2024
Audio
In episode number 20 of BBVAGreenfluencers, we travel to Italy to the central train station of Rome, the largest in Italy.Our colleague Claudia Modesti, Head of Financial Institutions Group Coverage and Public Sector Italy at BBVA, shares a conversation with Vittoria Iezzi, Head of Debt Capital Markets of the Ferrovie dello Stato Italiane Group, to discover how the institution strives to create an ecosystem of sustainable mobility and integrated logistics that can have interconnected and resilient infrastructures.
15 Jul 2024
Cleantech
Javier Rodríguez Soler: “BBVA’s sectoral specialization is key to successfully managing decarbonization and supporting our clients”
Javier Rodríguez Soler has been heading up BBVA’s global Sustainability area since 2021 and in July 2023 he was also named global head of Corporate & Investment Banking (CIB), the wholesale banking area that serves the biggest clients (corporations, institutions, and the like). Combining growth and sustainability is one of its mantras. According to Javier, it is possible to grow and decarbonize at the same time, and BBVA is living proof of this. More precisely, he believes that “sectoral specialization is key to successfully managing decarbonization while supporting our clients.”
11 Jul 2024
Action and Investment ODS Plan
Banks, key enablers of the energy transition and in reducing social divides
At the 2nd BBVA Mexico Sustainability Summit recently held in Mexico City, all the companies participating in the event were urged to press ahead with their energy transition processes. The participants agreed that banks are the key enablers in this process through the funding and expert advice they provide, allowing businesses to transition toward an emission-free economy that embraces all industries and segments of society.
10 Jul 2024
Commitment
Carlos Torres Vila: "Mexico is one of the countries with the most potential in the world in wind and solar power"
BBVA Chair Carlos Torres Vila stated that in the fight against climate change, "Mexico is at an advantage as it is one of the countries with the most potential in the world in wind and solar power." He also emphasized the Group's commitment to the country's energy transition. “We must do more to support emerging markets. They have the most natural resources and are therefore a key part of the solution," he proclaimed at the opening of the 2nd BBVA Mexico Sustainability Summit held in Mexico City.
26 Jun 2024
Garanti BBVA
Seray İmer (Garanti BBVA): “A bank’s transformative power comes from the funding it provides”
Seray İmer, Head of Sustainability at Garanti BBVA, recently took part in a ‘Sustainable Future’ show on Bloomberg HT TV, where she outlined Garanti BBVA’s key commitments and targets for a less polluted world.
21 Jun 2024
Audio
We traveled to Monterrey in Mexico to talk to Nemak, a leader in lightweighting solutions for the global automotive industry and the growth of sustainable mobility.
20 Jun 2024
Cleantech
Javier Rodríguez Soler: “BBVA is a great ally for Spanish companies as they take on their sustainable transition and international expansion”
“BBVA is a great ally for Spanish companies as they take on their sustainable transition and international expansion,” remarked Javier Rodríguez Soler, Global Head of Sustainability and CIB at BBVA. His presentation was part of the 41st Seminar organized by Spanish financial press association APIE and titled ‘The role of businesses in the new economy’, being held in Santander. “At BBVA, we support and accompany our clients, and not only multinational firms, but also those companies that need more specific advice to help them continue to grow,” he said.
14 Jun 2024
Garanti BBVA announced the renewal of its sustainable syndicated loan. The bank plans to use the loan to finance foreign trade, for general corporate purposes, and to further its commitment to finance investments that support the transition to a low carbon economy. Indexed to sustainable criteria, Garanti BBVA was the first bank in the world to launch a syndicated sustainable loan in 2020.
04 Jun 2024
BBVA will issue a total amount of $50 million and the resources will be used to finance projects focusing on reforestation, the regeneration of natural forests on degraded land, mangrove conservation or restoration, climate-smart agriculture, and wildlife habitat restoration, among others.
03 Jun 2024
BBVA has received the 'Alcance 3.0' award for the 'Best Comprehensive Scope 3 Emissions Reduction Strategy'. This award, presented by the CPOnet Group, recognizes the efforts of organizations that help reduce emissions in their value chain: suppliers, customers, employees, partners, shareholders and society.
01 Jun 2024
The challenge of diversity is one of the key transformation pillars for any company. In the case of BBVA, ensuring a diverse workplace, in the broadest sense of the term, allows the company to better address the needs of its diverse customer base and offer a more comprehensive service.
30 May 2024
BBVA Sustainability Projects
BBVA publishes intermediate emission reduction targets for the real estate and aluminum sectors
BBVA is expanding its intermediate emission reduction targets for 2030 to two new sectors: the real estate sector in Spain and the global aluminum industry. They join the list of targets for eight emission-intensive sectors previously set by the bank (oil & gas; power generation; automobile; steel; cement; coal; aviation and shipping).
BBVA's decarbonization targets: What do they mean and what is their scope?
27 May 2024
Wind turbines in hard-to-reach areas or solar panels located in large semi-desert regions. How do we monitor these facilities without having to move human teams to remote areas?
22 May 2024
Garanti BBVA recently held its fifth ‘Sustainable Future in Exports’ meeting in Adana, Türkiye, a hub for Turkish exports. The bank is organizing the series of meetings to encourage foreign investment in the country and boost Türkiye’s export sector in the framework of the European Green Deal. The event brought together renowned leaders and experts in the field who offered their economic analysis and insights on possible sustainable solutions.
17 May 2024
Cleantech
Javier Rodríguez Soler: "We are increasing our business in key sectors while reducing their emissions"
“In recent years, we have been increasing our business in key sectors while reducing their emissions,” said the Global Head of Sustainability and CIB at BBVA, Javier Rodríguez Soler. “We set decarbonization targets for eight key sectors and are reducing the absolute and relative emissions of these sectors. And we are doing so while increasing our financing business with these clients,” he stated at the Institute of International Finance (IIF) European Summit in Paris.
13 May 2024
The new Salt exhibition, ‘Hava Dair’ (About the Air) aims to give life to the social and environmental aspects of air pollution through a series of different experiments. The exhibition, which is sponsored by Garanti BBVA, was designed by the Milan-based design studio 2050+ for Salt's Beyoğlu location. It can be visited free of charge until August 18th.
08 May 2024
Antoni Ballabriga, Global Head of Sustainability Intelligence & Advocacy at BBVA and member of the EU High-Level Expert Group (HLEG) on Scaling Up Sustainable Finance in Low and Middle-income Countries, explains the key findings and recommendations that the HLEG will submit to the European Commission.
01 May 2024
Garanti BBVA International, a Garanti BBVA subsidiary known for its ongoing sustainable financing initiatives, has reached an agreement with Kordsa Teknik Tekstil A.Ş. (Kordsa) for a $50 million sustainable loan.
30 Apr 2024
Commitment
BBVA mobilizes €20 billion in sustainable business in the first quarter of 2024 (+41 percent)
BBVA mobilized €20 billion in sustainable business in the first quarter of 2024, up 41 percent on the same period last year. The bank is now ahead of the curve in achieving its goal of mobilizing €300 billion between 2018 and 2025, having already reached €226 billion. Of this figure, 77 percent will go toward combating climate change and 23 percent to promoting inclusive growth.
24 Apr 2024
Audio
In this episode of BBVA Greenfluencers, Dharel Patel, Head of Environment & Sustainability at National Express, tells us how Mobico (National Express) is leading the process of accelerating the decarbonization of transport and supporting cities in the UK to become more sustainable and environmentally friendly.
23 Apr 2024
Audio
Esther Duflo is an economist known for her pioneering work in the field of the economics of development and the fight against poverty. In 2019, she received the Nobel Prize in Economics, making her the second woman in history to win this prestigious award, and the youngest to date.
17 Apr 2024
Climate change
The BBVA Foundation Frontiers of Knowledge Award goes to Elke Weber, a pioneer in bringing psychology into the study of climate change
The BBVA Foundation Frontiers of Knowledge Award in the Humanities and Social Sciences category goes to American psychologist Elke Weber in recognition of her research into “environmental decision-making and human responses to climate change.” Weber was the first psychologist to join the IPCC, a group of experts to which she brought her knowledge of decision-making theory.
Commitment
BBVA delivers training in sustainability to more than 400 suppliers and SME clients across 13 countries
Once again, BBVA has been busy promoting sustainability training among 418 of its suppliers and SME customers across 13 countries in which it operates. A total of 552 people will soon be taking part in the UN Global Compact Sustainable Suppliers Training Programme, of whom 59% (326) are women.
15 Apr 2024
opinion
Santiago Muguruza
Head of Venture Capital Investments at BBVA Spark
BBVA Chair Carlos Torres Vila spoke on Monday on Spain's opportunity to lead investment in the clean technologies required for the decarbonization of the economy. In his view, if the implementation of the EU Net-Zero Industry Act is ambitious in Spain, the country’s leading innovative companies will be able to invest in cleantech and place it in a better position compared to its European peers.
12 Apr 2024
Cleantech
Antonio Bravo: “BBVA is committed to financing cleantech to facilitate its growth on an industrial scale”
“Decarbonization is a technological revolution that requires innovation and financing. Its scope is global and it will affect all industries and sectors,” said Antonio Bravo, Global Head of Sustainability Strategy and CIB at BBVA. In the framework of the Energy Tech Summit, which ended yesterday in Bilbao, Bravo emphasized “the key role” of financing new clean technologies. “BBVA is committed to financing cleantech to facilitate its growth on an industrial scale,” he stressed.