Affordable and clean energy
20 Oct 2020
Garanti BBVA Leasing has consistently offered the best financial solutions. It is now moving to strengthen its solar energy service offering by signing a partnership agreement with Başarı Enerji, one of the leading companies in the sector.
21 Sep 2020
Garanti BBVA Leasing continues to build on its support for renewable energy development. Most recently, the bank has signed a partnership agreement with Elin Enerji, one of Turkey’s most important energy companies
08 Sep 2020
07 Aug 2020
CW Enerji, Europe’s largest solar power system manufacturer, has signed an agreement with Garanti BBVA Leasing, one of the industry’s leading leasing companies. As part of the framework agreement, tailored financial support will be offered to clients for the installation of solar-powered electric energy stations.
20 Jul 2020
Many families are struggling under the economic impact of the pandemic, especially those affected by joblessness. Financial vulnerability refers to the ability of individuals or households to cope with a ‘shock’ that entails the loss of their main source of income.
14 Jul 2020
Garanti BBVA Leasing and Smart Energy, one Turkey’s largest solar power project developers, sign a strategic alliance to offer financing to investors interested in this sector.
11 Jun 2020
BBVA is the only Spanish bank to have signed a declaration calling for the need to include investing in renewable energy in the economic reconstruction plan proposed by the European Commission. It is one of the private sector’s latest calls to action to governments that are “committed to a green recovery, once the worst of the COVID-19 crisis is over.”
18 Feb 2020
“Work in the Age of Data” is the 12th book in the collection published by BBVA to disseminate and discuss fundamental issues of our time. This series is part of the bank’s OpenMind project — a digital community that aims to generate and disseminate knowledge in an open and free manner.
The book, which addresses the effects of the digital revolution on the labor market, can be downloaded for free in Spanish and English in different electronic formats.
03 Jan 2020
21 Oct 2019
Between January 2016 and December 2018, BBVA Group reduced its energy consumption by 7 percent per employee. This savings reaffirms the bank’s commitment to sustainability. By December 2018, the Group had hit its targets of having 35 percent of the energy it consumes coming from renewable sources and reducing its CO2 output by 27 percent compared to 2016. October 21 marks World Energy Savings Day and intends to raise awareness about energy efficiency and the need for responsible and sustainable guidelines governing the consumption of the planet’s resources.
10 Jun 2019
Roughly half the world’s population still lives on only the equivalent of two U.S. dollars per day, whereas worldwide unemployment stands at 5.7 percent. This might seem like a low percentage, but in many parts of the world, merely having a job does not translate into being able to escape poverty. The eradication of poverty depends on all parts of society having access to stable employment and decent wages. This is the objective of United Nations Sustainable Development Goal 8: “Promote inclusive and sustainable economic growth, employment, and decent work for all,” a goal BBVA works toward each day, not only internally in its relationship with its employees, but also with a business model that more broadly contributes to its fulfillment.
28 Mar 2019
Iberdrola has successfully signed, with BBVA acting as lead arranger and sustainable agent, a new €1.5 billion multi-currency syndicated credit facility linked to sustainability criteria. This is the first transaction aligned with the ‘just transition’ concept, introduced in the Paris Agreement.
11 Jan 2019
BBVA has developed a sustainable transactional product framework linked to the UN Sustainable Development Goals (SGD), for qualifying its clients’ transactional banking operations as green, social or sustainable. This industry-first methodology has been reviewed by and obtained a favorable opinion from sustainability ratings agency Vigeo Eiris, and is making its market debut with a transaction by Siemens Gamesa Renewable Energy, a BBVA strategic client.
30 Nov 2018
12 Jul 2018
BBVA CEO Carlos Torres Vila got a first-hand glimpse into the level of progress that the BBVA Microfinance Foundation’s digital strategy is enabling. Bancamía, the Foundation’s lending arm in the country, is managing to reach more and more customers who, until recently, had struggled to access financing as a result of the digital divide. BBVA’s CEO learned about two of the entrepreneurs backed by the institution and how microcredits have afforded them new opportunities to pursue a brighter future.
05 Apr 2018
Renovalia is the first company to secure a ‘green project finance’ loan to fund the development of a renewable energy project in Spain. BBVA acted as ‘green loan coordinator’ of this €74 million facility, which will allow the company to fund Project Wind, which envisages the construction of two wind farms, one in Lleida and one in Barcelona, with 70 MW of combined installed capacity.
14 Mar 2017
The Observatorio Empresarial contra la Pobreza (Business Observatory to Combat Poverty), with the support of BBVA, has published a report entitled The road to youth employment. What can businesses do. The report addresses the problem of youth unemployment and its consequences from a number of angles.
21 Jul 2016
Wind has garnered a reputation for being not only an environmentally-friendly, but also a wallet-friendly alternative to produce electricity at a utility-scale level. This is in sharp contrast to the U.S. debut of large wind farms in 1980, which were primarily in response to environmental concerns and emissions reductions standards. Moreover, estimates on the cost of producing electricity with wind energy have been trending downward, making wind energy competitive with conventional energy sources, even after taking into account both government incentives and the historically low prices of natural gas and coal.