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Commitment 07 Feb 2024

BBVA, recognized in S&P Global’s Sustainability Yearbook 2024

BBVA has been recognized yet another year in the latest edition of S&P Global’s Sustainability Yearbook. BBVA is among the top 5 percent of the world’s most sustainable banks, according to this ranking published today. The yearbook distinguishes leading sustainability companies in 62 sectors.

BBVA, reconocido en el Anuario de Sostenibilidad 2024 de S&P Global

In this edition, S&P evaluated 9,400 companies, analyzed 174,000 documents and collected 16.5 million data points.

In December 2023, this thinktank recognized BBVA as the most sustainable bank in Europe for the fourth year in a row in the Dow Jones Sustainability Index, the leading global index on sustainability.

BBVA had a total score of 84 points out of a possible 100. The financial institution received 84 points in the economics and corporate governance areas; 70 points in the environment and 89 for social issues. Furthermore, it received the highest possible score (100 points) in several areas: transparency and reporting; fiscal strategy; human rights; and customer relations.

BBVA, recognized in S&P Global’s Sustainability Yearbook 2024

BBVA in sustainability indexes

BBVA is included in the main international sustainability indexes, including MSCI ESG Leaders Indexes, FTSE4Good Index and, for the sixth consecutive year, the Bloomberg Gender Equality Index.

The bank was also recognized by Being selected by, and remaining on these indexes requires organizations to demonstrate constant progress in sustainability and influences their eligibility for investment portfolios, which place increasing importance on non-financial factors.

Commitment to sustainability

BBVA has put sustainability at the core of its business and it is one of its six strategic priorities to overcome three major challenges: fighting climate change; preserving natural capital; and promoting inclusive growth, with two main objectives:

Furthermore, BBVA reached €108 million in decarbonization funds last year through investments that helped to make the bank a pioneer in financing innovative companies and business models in this field.

Moreover, BBVA is committed to having a positive impact on society, with a special focus on education and support for entrepreneurship. For this reason, the bank participates in numerous initiatives and partnerships, and is actively involved with stakeholders to promote sustainability in the financial system. The bank’s Community Community remains in force, through which it will allocate €550 million between 2021 and 2025 to social initiatives to support inclusive growth in the countries where it has a presence.

S&P Dow Jones Indexes is a division of S&P Global (NYSE: SPGI), which provides essential financial intelligence to individuals, companies and governments for optimal and secure decision-making. For further information go to: