Commitment
03 Oct 2024
Audio
BBVA Podcast
Podcast | Borusan Group: Designing climate resilient systems in operations and value chain with innovative resources
In this episode, we meet with Nursel Ölmez Ateş, the Head of Human, Communication and Sustainability at Borusan Holding. Discover how this prominent Turkish conglomerate is spearheading innovation and driving sustainable economic growth across its various business sectors.
08 Aug 2024
BBVA is reinforcing its commitment to the agricultural sector, working with four out of every ten agricultural co-ops in spain. This support is particularly significant in the food and agriculture sector - one of the most dynamic in the Spanish economy, and a real opportunity to launch new business ventures. In addition, it is a fundamental sector to tackle the demographic challenge, the fight against depopulation and the preservation of local biodiversity.
02 Aug 2024
BBVA channelled €26 billion in sustainable business in the second quarter of 2024, a new quarterly record for the Group. Furthermore, the total amount mobilized in the first half of 2024 reached €46 billion, 37 percent more than the same period of 2023.
24 Jul 2024
BBVA has earned a rating of EE (“strong compliance”), making it the highest-rated bank in Spain and tied for second place worldwide with other entities, according to the latest update of the Standard Ethics Rating (SER). This assessment covers the ESG scores of Europe's 40 largest banks by market capitalization.
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.
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.
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.
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.
17 Apr 2024
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.
27 Mar 2024
In 2023, 96 percent of power consumption at BBVA Group facilities came from renewable sources, well above the 70 percent target set for 2025. In Spain, Portugal, Colombia, Uruguay, Mexico, Peru and Türkiye, 100 percent of the bank’s power usage comes from clean energy sources.
20 Mar 2024
For the fourth consecutive year, on the occasion of its Annual General Meeting (AGM), the bank will donate €300,000 to social non-profits active in four areas related to the environment and inclusive growth. Asociación Talismán, Fundación Emet, Asociación Puente de Esperanza Madrid and Fundación Madre Coraje were the chosen candidates 2024.
08 Mar 2024
BBVA Sustainability Projects
BBVA makes headway toward its decarbonization targets in key industries and cuts its emissions by 24 percent in the oil and gas sector
BBVA closed 2023 reporting good progress in decarbonizing its credit portfolio. Improvements in plan delivery reached 24 percent in key sectors —such as oil and gas— for which 2030 targets were set. As of December 2023, 80% of the finance portfolio in high-emission sectors relates to clients actively managing their transition, according to the latest TCFD report published by the bank.
23 Feb 2024
Video
BBVA Sustainability Projects
Javier Rodríguez Soler: “There are already some decarbonization technologies that work and are profitable”
“By definition, companies need to push profits. The good news is that there are already some technologies that work and are profitable”, remarks Javier Rodríguez Soler, Global Head of Sustainability and CIB at BBVA. In a recent interview with Brendan Wallace, CEO of Fifth Wall, Rodríguez Soler explains BBVA’s commitment to investing in companies that research and develop sustainable technologies that champion the decarbonization of the economy.
15 Feb 2024
Garanti BBVA CEO Recep Baştuğ has secured the top spot among finance executives and seventh place overall in the latest annual "Türkiye’s Sustainability Leaders" ranking, published by the Turkish franchise of leading business magazine Fast Company.
07 Feb 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.
06 Feb 2024
Climate Action
Sustainable cooling without halocarbons, or how to help billions of people adapt to the coming heat
COP28 has ended and following intense debates and difficult consensus, we have seen considerable progress in the development of sustainable cooling. Refrigeration is not only necessary for the life of numerous households - it is essential for sectors such as food, logistics, digital technology and tourism.
01 Feb 2024
Commitment
BBVA sets an annual record in sustainable business, with €70 billion in 2023 (+39 percent)
BBVA set a record annual figure for sustainable business in 2023: €70 billion, up 39 percent on the figure reported in 2022, as sustainability now permeates all segments and because the bank serves a wide range of industries.
Header image generated with Midjourney (AI)
24 Jan 2024
Garanti BBVA
Garanti BBVA hosts its fourth 'Sustainable Future in Exports' meeting in Bursa, Türkiye
As part of its strategic commitment to sustainability and inclusive growth, Garanti BBVA continues to host its series of events around the theme 'Sustainable Future in Exports.' The fourth installment of the series—previously held in Istanbul, Gaziantep, and İzmir—unfolded this year in Bursa.
16 Jan 2024
opinion
Amaya López-Durán Viani
Head of the Industrial Sector Observatory in BBVA’s Sustainability Area
12 Jan 2024
Action and Investment ODS Plan
BID Invest and BBVA to finance the expansion of the Port of Montevideo
The two institutions will provide finance to boost the country's foreign trade through an expansion of the facilities at Uruguay's premier port. The total outlay comes to $340 million.
20 Dec 2023
Antoni Ballabriga
Global Head Sustainability Intelligence & Advocacy at BBVA
27 Nov 2023
As part of its efforts to further increase financing for renewable energy projects, Garanti BBVA recently announced an agreement to provide €36.1 million in financing to Galatya Energy Production Inc. for the Işıklar Wind Power Plant.
23 Nov 2023
It is the BBVA Group’s first ever blue bond, which are securities used to finance projects geared toward ocean sustainability and the Blue Economy.
03 Nov 2023
Commitment
76 percent of BBVA lending portfolio to emission heavy sectors are to clients advancing in their transition
76 percent of BBVA’s lending portfolio corresponds to clients in emission heavy sectors that are making progress in their transition to net zero emissions, according to the latest update to BBVA’s sustainability strategy, published November 3rd. The document underscores how the bank promotes new businesses through sustainability.
26 Sep 2023
opinion
Antoni Ballabriga
Global Head Sustainability Intelligence & Advocacy at BBVA
14 Sep 2023
With BBVA financing, Supermercados Peruanos seeks to have a direct impact on the percentage of recycled waste and to increase the number of people benefiting from its food donation program ‘Bueno por dentro’ (Good on the inside).