02 Jun 2021
BBVA reinforces its commitment to reducing the risks of climate change and joins PCAF (Partnership for Carbon Accounting Financials), an alliance that enables financial institutions to assess and disclose the greenhouse gas (GHG) emissions of loans and investments.
21 Apr 2021
BBVA has joined the Net-Zero Banking Alliance (NZBA) as one of the 43 founding members. Banks in this international alliance commit to ensuring that all of their credit and investment portfolios are neutral in net emissions of greenhouse gases by 2050, in line with science and the most ambitious targets in the Paris Agreement. In addition, the direct impact of their activities must also be neutral – something that BBVA already achieved in 2020.
25 Mar 2021
Citizens, companies, city councils and institutions from all over the world will turn off the lights this Saturday, March 27 for Earth Hour to fight against climate change and the loss of biodiversity. Since 2007, BBVA has participated in this initiative organized by the World Wide Fund for Nature, shutting down corporate headquarters and buildings distributed throughout all the geographies where the bank is present.
14 Dec 2020
“When you hear sustainability, you think: too big. When you feel like you should do something, you think: too complicated. Now think about who could help you make better decisions, and that’s where we come in. So that what you save yourself, saves the planet. So that we can keep moving forward without leaving anyone behind. So when you hear sustainability you think: opportunities.´”
04 Dec 2020
BBVA Global Head of Responsible Business Antoni Ballabriga, speaking at a webinar on decarbonization and the financial sector, pointed at the sustainable mobilization of the economy as a whole as the most pressing challenge facing the financial sector, and noted that, in this effort, “it is essential to accompany clients with sustainable financial solutions and advice.”
14 Nov 2020
BBVA has ranked first among European banks in the Dow Jones Sustainability Index (DJSI), the market’s leading benchmark index, which measures the economic, environmental and social performance of the world’s largest companies by market cap. The BBVA Group also took third place in the world ranking. The announcement was made on Friday, at the closing of the stock market in New York.
01 Oct 2020
25 Sep 2020
BBVA illuminated the main building at its company headquarters in Madrid—La Vela—to mark the fifth anniversary of the launching of the Sustainable Development Goals (SDGs). BBVA opted for the color blue of the United Nations flag to commemorate the date on which 193 countries adopted the 2030 Agenda at UN headquarters in New York.
21 Sep 2020
Today, international banks BBVA, BNP Paribas, ING, Société Générale and Standard Chartered (also known as ‘the Katowice Banks’) published a report on the application of the PACTA methodology, designed to steer their credit portfolios towards the objective of the Paris Climate Agreement. This report aims at helping banking peers to quickly understand and apply this methodology and thus publish comparable results.
08 Sep 2020
- BBVA invested €40.6 million in sustainable and social programs in Latin America in 2019
- In its 13 years of service, the BBVA Microfinance Foundation has helped more than five million people
- BBVA delivers innovative financial education programs in Mexico
- BBVA Argentina is the first private bank to launch a line of personal eco-loans
- BBVA in Colombia closes a line of green guarantees to build the Bogota metro
- In Peru, BBVA leads the way in using the Environmental Ministry’s carbon footprint tool
- Sustainable finance in the region: BBVA, breaking new ground with deals in the wholesale market
22 Jul 2020
BBVA and Acerinox make history by closing the first sustainable transaction in the steel industry in Spain. The deal, a bilateral loan totaling €80 million with a maturity of five years, is intended to partially finance the Acerinox acquisition of VDM Metals.
17 Jun 2020
The project was created with the aim of promoting the work of farmers, ranchers, fishermen and wineries across Spain through easy and delicious recipes. Every month, the Roca brothers will select the best ingredients in season and come up with a proposal of how to cook them. Subscribers will receive a box of products in their kitchen, along with a recipe, the stories of the farmers behind the selected products and healthy advice to make the most of each ingredient. This content will be available to anyone on the ‘Sustainable gastronomy’ platform.
22 May 2020
BBVA has added a new feature to its financial aggregator One View. Using data analytics, it allows companies to find out the amount of greenhouse gases they emit into the atmosphere with their daily activities. At a time when SMEs and companies’ main concern is how to face the gradual lifting of lockdown restrictions during the health crisis, finding out their carbon footprint is the first step toward taking action that helps them to reduce their energy costs while having a positive impact on the planet. With this information, they can also explore new, more sustainable lines of business that will facilitate their recovery in a new context.
27 Feb 2020
Cisco Chairman and CEO Chuck Robbins visited BBVA headquarters on the occasion of the fourth anniversary of their strategic partnership.
05 Dec 2019
Green is more than a color. In our collective imagination it symbolizes nature and is associated with caring for the environment. We need a green future so the world will continue to be the place we know today and not the foreboding future as depicted by gloomy predictions. BBVA is aware of this and for years has been committed to green and social financing. In fact, it is one of the banks most recognized for its activity in sustainable financing.
09 Oct 2019
Energy savings at BBVA’s headquarters is 5,766,731 kWh a year, equivalent to the consumption of 1,900 households. This equals 12 to 15 percent less than when the complex was inaugurated in 2015 and a 1,430-metric ton per year reduction of CO2 emissions. The building’s sustainable design and equipment are not solely responsible for this success: tools powered by artificial intelligence have also been used to optimize the bank’s energy use.
23 Sep 2019
BBVA USA today became one of the Founding Signatories of the Principles for Responsible Banking, committing to strategically align its business with the Sustainable Development Goals.
22 Sep 2019
BBVA is one of the signatories of the Principles for Responsible Banking, promoted by the United Nations Environment Programme Finance Initiative (UNEP FI). These Principles embody the commitment of 130 banking institutions and the United Nations to take on the climate emergency and sustainability challenges facing society today.
14 Sep 2019
Yet another year, BBVA has been included in the Dow Jones Sustainability Index (DJSI), the market’s leading benchmark index, which measures the economic, environmental and social performance of the world’s most valuable companies. BBVA’s inclusion in the DJSI World and DJSI Europe indices was announced today Friday, September 13. Garanti BBVA was also included in the DJSI Emerging Markets and is the only company in Turkey which qualified for fifth consecutive year.
13 Aug 2019
Three years ago, world leaders approved Agenda 2030, a global plan of action for sustainable development. This initiative aims to end poverty, reduce inequality, and combat climate change. Agenda 2030 has defined 17 high level sustainable development goals (SDGs) with 169 integrated and indivisible targets that address the economic, social, and environmental dimensions of sustainability. To fulfill the SDGs, governments, the private sector, and society as a whole must unify efforts. Thus, the final SDG – number 17 – aims to revitalize the global partnership for sustainable development. BBVA contributes to all the SDGs. But this one, more than the others, entails a direct commitment to the communities the bank serves and the industries where it does business.
29 Jul 2019
Each year 13 million hectares (over 50,000 square miles) of forests are lost, and 22 percent of known species are in danger of extinction. As part of its commitment to preserve the environment and within the context of its Pledge 2025, BBVA endorses Sustainable Development Goal 15, which aims to promote the sustainable use of terrestrial ecosystems, combat desertification, reverse land degradation, and halt the loss of biodiversity. This commitment is aligned with principles 7, 8, and 9 of the UN’s Global Compact.
26 Jul 2019
Following a six-month public consultative process, the United Nations Environment Programme Finance Initiative (UNEP FI) has this week released the final official versions of the UNEP FI Principles for Responsible Banking and their supporting framework documents. Endorsed by more than 100 financial institutions ahead of their 22 September global launch. BBVA is one of the 30 Founding Banks for this initiative.
25 Jul 2019
Based on the exponential growth of the issuance of green, social and sustainable bonds in the past 12 months, it is fair to say that we are no longer talking about a passing fad, but rather a phenomenon that is here to stay. More companies, as well as investors, are incorporating ESG (Environmental, social and corporate governance) objectives in their investment agendas. BBVA Global Markets Research discusses the ESG bond market, its volumes and main topics in their report ‘ESG Bonds: Key topics and trends for 2019 and beyond – Getting the harmony right’.
17 Jun 2019
Climate change is forcing countries and the private sector to gaze into the future from a different point of view, one in which technology opens new paths to contribute to the development of societies. This is the scenario based on which the UN has defined its Sustainable Development Goal (SDG) No. 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation. BBVA has committed to – and is already – contributing to the achievement of this goal.
14 Jun 2019
True to its commitment to sustainability and the environment, BBVA has launched a €20 million new line of green loans for customers interested in purchasing electric or hybrid cars. This new product seeks to meet a growing demand from society, increasingly aware of the fight against climate change.
12 Jun 2019
This Wednesday, BBVA successfully completed its second green bond issue in the wholesale debt market – the first one was in May 2018 – for the same amount, €1 billion, and with the same instrument and maturity. The transaction drew a very positive reaction from investors, with book orders exceeding €2.7 billion, a figure similar to the one reached last year. Excess demand made it possible to lower the price to mid-swap plus 103 basis points, from the initial range set at 120-125 basis points. This price entails a new zero new issue premium, just as in its first green bond issue.
04 Jun 2019
BBVA launches a line of loans for developers dedicated to the construction of highly energy efficient homes. This product further demonstrates BBVA’s solid commitment to sustainability and green financing.
03 Jun 2019
A commitment to sustainable development is the best guarantee for a better future. All measures aimed at improving energy efficiency and increasing the use of renewable energy are welcome in this undertaking. This is precisely the objective of the United Nations seventh Sustainable Development Goal (SDG): to ensure access to affordable, reliable, sustainable and modern energy for all, an objective that BBVA is also actively supporting.
20 May 2019
As part of its commitment to the communities within its footprint, BBVA contributes to the achievement of the UN Sustainable Development Goal no. nº5: achieve gender equality and empower all women and girls. The 17 SDGs set out by the UN are a call for action by all countries and companies to adopt specific measures to end poverty and inequality through environmental protection and the pursuit of economic development under conditions of prosperity and social justice.
03 Apr 2019
BBVA acted as a sustainable agent, together with Santander, in ACCIONA’s first sustainable syndicated loan of €675 million. In this type of financing, the interest rate is adjusted based on the company’s performance in sustainability parameters.